SourcingSourcing

MILESTONE INVESTMENT ADVISORS, LLC

B55
CRD 168429·SEC 801-78337·MIDDLETON, WI
AUM
$877.6M
$500M-$1B
Est. Revenue
$8.8M
@ 1% on AUM
Est. EBITDA
$2.6M
@ 30% margin
Est. Deal Value
$21.1M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
MILESTONE INVESTMENT ADVISORS, LLC
CRD
168429
SEC file #
801-78337
EIN
000000000
DBA names
—

Economics

AUM
$877.6M
AUM band
$500M-$1B
AUM trajectory
'20'26
$662.5M → $877.6M▲ +32%
Client mix
Individuals High Net Worth218
Individuals Other190
Pension Profit Sharing Plans6

Operations

Employees (total)
7
Advisory staff (per ADV)
7
Advisory staff (5-yr trend)
'20'26
4 advisors → 7 advisors▲ +75%
Primary office
MIDDLETON WI
Branches
—

Custodian & Brokerage

Primary custodian
Charles Schwablow confidence
Services offered
Financial planningPortfolio mgmt — individualsPension consulting
Fee basis
% of AUMHourly charges

Filings

Latest ADV filing
03/11/2026
ADV-W filed at
—
Website
milestoneia.com

Compliance

Disclosures (firm)
0
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
ARMSTRONG, ROBERT, GARLAND
Top Owner Pct
37.5
Top Owner Entity Kind
I
Owner Count
3
Control Persons
ARMSTRONG, ROBERT, GARLAND
KAUPER, DANIEL, PETER
Solo Advisor Indicator
No
Succession Risk Solo Owner
No
Is Parent Owned Subsidiary
No

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
ok
Rdap Domain
MILESTONEIA.COM
Rdap Domain Creation Date
2013-07-08T22:46:39Z
Rdap Firm Age Years
13
Rdap Firm Age Band
10-20y
Rdap Registrar
Network Solutions, LLC

Retirement-plan book (Form 5500) ★

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

Retirement Plan Book
No
Form 5500 Plan Count
2
Form 5500 Total Compensation
76,923
Form 5500 Compensation Trajectory 3y
202576,923
Form 5500 Plan Count Trajectory 3y
20252
Schedule C Total Compensation
76,923
Schedule C Service Provider Rows
2

SEC EDGAR

Edgar Cik
0001967018
Edgar Registered
Yes
Edgar Filing Count
15
Edgar First Filing Date
2023-03-15
Edgar Last Filing Date
2026-05-05
Edgar 13f Count
14
Edgar 13f Latest AUM Estimate
Filing Date2026-05-05
Accession0001967018-26-000002

Compliance & brand

Firm Registration Status
active

All other collected signals (17)

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
7
Bc Firm IAR Count
7
Custodian Candidates
Full
Charles Schwab6
Fidelity4
E*trade4
Edgar Addresses
Mailing
6702 STONEFIELD ROADSUITE 201MIDDLETON, WI 53562
Business
6702 STONEFIELD ROADSUITE 201MIDDLETON, WI 53562
Edgar EIN
000000000
Edgar Recent Filings
13F-HR2026-05-05 · 0001967018-26-000002
13F-HR2026-02-11 · 0001967018-26-000001
Firm Has Custody
Yes
Mailing Office Differs
No
Rdap Domain Expiration Date
2028-07-08T22:46:39Z
Rdap Domain Last Changed
2023-05-09T07:51:43Z
Rdap Nameservers
Ns41.worldnic.comNs42.worldnic.com
Rdap Secure Dns Enabled
No
Rdap Status
Client Transfer Prohibited
Top Owner CRD
7368
Trust Company Affiliate
No

People (7)

7
MCCLAREY, ANGEL, CHOW
IAR · Direct Owner · 37.5%
2488991
KAUPER, DANIEL, PETER
IAR · Direct Owner · 37.5%
1439147
ARMSTRONG, ROBERT, GARLAND
IAR · Direct Owner · 37.5%
7368
MICHAEL EDMUND ARBET
IAR
1463240
Darrin Michael Sharp
IAR
4084080
David Solheim
IAR
6604194
Jonathan Gregory Wilson
IAR
6877847