Milborn Advisors, ltd
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$106,506,785
Clients
178
Advisors
2
of 2 employees
About
Milborn Advisors, Ltd serves individual and high-net-worth clients as well as pension and profit‑sharing plans, delivering ongoing portfolio management, financial planning, and pension consulting (including 401(k) guidance and written pension consulting plans). The firm documents each client’s goals and risk tolerance in an Investment Policy Statement and provides regular portfolio monitoring and implementation services such as asset allocation and asset selection.
Milborn implements portfolios using long‑term trading supported by charting, fundamental and technical analysis, and generally confines recommendations to mutual funds, fixed income, insurance products (including annuities), equities and ETFs (including precious‑metal ETFs). Accounts can be managed on a discretionary or non‑discretionary basis in accordance with the client’s IPS; fees are typically withdrawn from custody accounts and clients receive monthly custodial reports.
Several operational features distinguish Milborn from many peers: the firm recently transitioned to SEC registration, the principals are licensed insurance agents who may offer commissionable products (a conflict the firm documents and discloses), and it requires clients to custody assets at Charles Schwab Advisor Services. Milborn also does not aggregate trades across client accounts and explicitly provides pension consulting services—practices that are less common among similarly sized supported firms and that can affect execution and potential conflicts.
Client services
Expertise
Fee options
Financial planning fees range from $1,000 to $10,000
2.00% annually
Main office
301 N. Broadway, Suite 203
Milwaukee WI 53202
Advisors at this office
2
Most active in
Illinois · Minnesota · Texas · Wisconsin
Also doing business as
Confluence Advisory Group · Milborn Advisors, Ltd
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Quick links
Advisors at this firm
Mark H
Series 66
Milwaukee, WI
Milborn Advisors, ltd
Mark Hoffman is a financial advisor with Milborn Advisors, Ltd in Milwaukee, WI, holding a Series 66 designation and 19 years of industry experience. Prior to joining Milborn Advisors in 2017, he worked for more than a decade at Thrivent Financial and its affiliated investment management companies. He is also an independent licensed insurance agent and occasionally offers insurance products to clients. Milborn Advisors, Ltd serves individual and high-net-worth clients as well as pension and profit-sharing plans, providing portfolio management, financial planning, and pension consulting services. The firm uses long-term trading strategies supported by charting, fundamental and technical analysis, and manages accounts based on documented client goals and risk tolerance.
Drew A
Series 66
Milwaukee, WI
Milborn Advisors, ltd
Drew Ashland is a financial advisor at Milborn Advisors, Ltd with 12 years of industry experience. He has held positions at Milborn Advisors since 2018 and previously worked at Thrivent Investment Management Inc from 2016 to 2018. Ashland holds the Series 66 designation and is a licensed insurance agent, occasionally offering clients commissionable insurance products. Milborn Advisors serves individual and high-net-worth clients as well as pension and profit-sharing plans, providing portfolio management, financial planning, and pension consulting services. The firm’s investment approach includes long-term trading supported by charting, fundamental and technical analysis, and manages portfolios using mutual funds, fixed income, insurance products, equities, and ETFs.
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