News
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Why Annuities Are Often a Poor Investment for Retirees
Annuities are frequently pitched to retirees as a means of providing a guaranteed income, protecting their retirement funds, and alleviating the fear of outliving their money. The reality is that they often carry high fees, very limited flexibility, and various restrictions which can make them a less attractive proposition than… Read More -
The Hidden Costs of Variable Annuities
Variable annuities are often sold as investments that provide market growth, tax-deferred earnings, and retirement income. The catch is that they’re often expensive, with restrictions and fees that can substantially erode returns. Fees That Eat Into Returns One of the biggest drawbacks of variable annuities is their layered fee structure…. Read More -
Fiduciary Advisor
A fiduciary is legally obliged to act in the best interests of the person they are advising before their own. For investment advisors, this is no marketing spin or courtesy. It is a legal obligation under the Investment Advisers Act of 1940 and is enforced by the SEC and state… Read More -
Where Your Assets Are Held
Your investments are held in an account in your name with an independent custodian, such as Charles Schwab or Interactive Brokers. Miller Asset Management manages the portfolio under your advisory agreement, while the custodian holds the assets and provides independent account statements for added reassurance. Your funds are transferred directly… Read More -
Advisor Fees
Our fees range from 1% to 2% annually. Two factors determine where an account falls in that range. First is account size: larger accounts pay a lower percentage, since the work doesn’t scale linearly with assets. Second is what the account requires: a basic equity-and-bond portfolio sits at the lower… Read More