SourcingSourcing

MILLIMAN ADVISORS, LLC

C41
CRD 112245·SEC 801-33315·SEATTLE, WA
AUM
$2.32B
$1B+
Est. Revenue
$23.2M
@ 1% on AUM
Est. EBITDA
$7.0M
@ 30% margin
Est. Deal Value
$55.6M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
MILLIMAN ADVISORS, LLC
CRD
112245
SEC file #
801-33315
EIN
—
DBA names
—

Economics

AUM
$2.32B
AUM band
$1B+
AUM trajectory
'20'26
$40.97B → $2.32B▼ -94%
Client mix
Corporations26
Pension Profit Sharing Plans9
State Or Municipal Govt4

Operations

Employees (total)
1
Advisory staff (per ADV)
1
Advisory staff (5-yr trend)
'20'26
16 advisors → 1 advisors▼ -94%
Primary office
SEATTLE WA
Branches
—

Custodian & Brokerage

Primary custodian
E*Tradelow confidence
Services offered
Portfolio mgmt — businessesPension consultingSelection of other advisersEducational Seminars Workshops
Fee basis
% of AUMHourly chargesFixed fees

Filings

Latest ADV filing
03/31/2026
ADV-W filed at
—
Website
milliman.com

Compliance

Disclosures (firm)
0
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
MILLIMAN, INC
Top Owner Pct
87.5
Top Owner Entity Kind
DE
Owner Count
2
Control Persons
MILLIMAN, INC
PUZ, SUSAN, HELEN
Solo Advisor Indicator
Yes
Succession Risk Solo Owner
No
Is Parent Owned Subsidiary
Yes

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
ok
Rdap Domain
MILLIMAN.COM
Rdap Domain Creation Date
1995-09-21T04:00:00Z
Rdap Firm Age Years
31
Rdap Firm Age Band
20+y
Rdap Registrar
CSC Corporate Domains, Inc.

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
Yes
Form 5500 Plan Count
3
Form 5500 Total Compensation
22,981
Form 5500 Compensation Trajectory 3y
202522,981
Form 5500 Plan Count Trajectory 3y
20253
Schedule C Total Compensation
22,981
Schedule C Service Provider Rows
3

SEC EDGAR

Edgar Registered
No

Compliance & brand

Firm Registration Status
active

All other collected signals (13)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
0
Bc Firm Active IA Count
3
Bc Firm IAR Count
3
Custodian Candidates
Full
E*trade4
Firm Has Custody
No
Mailing Office Differs
No
Rdap Domain Expiration Date
2026-09-20T04:00:00Z
Rdap Domain Last Changed
2025-09-16T05:11:15Z
Rdap Nameservers
Ns11.constellix.comNs21.constellix.comNs31.constellix.comNs41.constellix.net
Rdap Secure Dns Enabled
No
Rdap Status
Client Transfer Prohibited
Trust Company Affiliate
Yes

People (4)

4
PUZ, SUSAN, HELEN
Executive Officer · 2.5%
2710984
ZIELINSKI, JOSEPH, ANTHONY
IAR
2998331
WALTER JOSEPH MCCORMAC
IAR
325916
SULESKI, THEODORE, MICHAEL
IAR
2869487