Milliman Financial Risk Management LLC
Chicago, IL·SEC-registered · CRD #159377
Milliman Financial Risk Management LLC is an SEC-registered investment advisory firm in Chicago, IL managing $40B across 246 client accounts, with 135 advisory staff.
Regulatory snapshot
Verify on SEC.govRegulatory AUM
$40B
Client accounts
246
Advisory staff
135
Fee model
Fee-based
How Milliman Financial Risk Management LLC is paid
Compensation arrangements disclosed on Form ADV. A fee-based firm may earn both client fees and product commissions; ask which applies to you.
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Common questions about Milliman Financial Risk Management LLC
How much does Milliman Financial Risk Management LLC manage?
Per its most recent SEC Form ADV filing (03/31/2026), Milliman Financial Risk Management LLC reports $40B in regulatory assets under management across roughly 246 client accounts.
How does Milliman Financial Risk Management LLC charge?
Milliman Financial Risk Management LLC is a fee-based firm. Its disclosed compensation arrangements are: % of assets, Hourly, Commissions. Exact fee schedules appear in the firm's Form ADV Part 2 brochure — confirm current fees directly with the firm.
Is Milliman Financial Risk Management LLC a fiduciary?
Yes. Milliman Financial Risk Management LLC is registered with the U.S. Securities and Exchange Commission (CRD #159377), and SEC-registered investment advisers owe a fiduciary duty to act in their clients' best interest. You can verify its registration and any disclosures on the SEC's public record.
Is Milliman Financial Risk Management LLC taking new clients like me?
Availability and account minimums vary and aren't in the public filing. The fastest way to find out is the free 2-minute match — it checks Milliman Financial Risk Management LLC and comparable advisors against your goals and assets, and only surfaces firms open to your situation.
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Profile compiled from Milliman Financial Risk Management LLC's public SEC Form ADV filing (CRD #159377, filed 03/31/2026). AdvisoryReviews is an independent comparison and matching service and is not affiliated with, endorsed by, or a partner of Milliman Financial Risk Management LLC. Listing does not imply any relationship. Figures are as reported to the SEC and may have changed; verify current details at adviserinfo.sec.gov. Are you with Milliman Financial Risk Management LLC? Claim this profile.