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MILLIMAN ADVISORS, LLC
CRD 112245File 801-33315
APPROVED
Filing as of Jun 15, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$2.32B
Top 25% of cohort (national)
Discretionary AUM
$41.4M
Non-discretionary $2.28B
Clients
39
34 accounts
Employees
1
Top 25% of cohort in WA
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- SFRO
- Registration date
- Dec 30, 1988
- Principal office
- 1301 FIFTH AVE STE 3800, SEATTLE, WA, 98101-2605
- Phone
- 206-624-7940
- Website
- HTTP://WWW.MILLIMAN.COM
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $2.32B
- Discretionary AUM
- $41.4M
- Non-discretionary AUM
- $2.28B
- Discretionary accounts
- 2
- Non-discretionary accounts
- 32
- Total accounts
- 34
- AUM per client
- $59.4M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | 26 | $1.86B |
| Pension and profit sharing plans | 9 | $217.7M |
| State or municipal government entities | 4 | $238.1M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Fixed fees
- Hourly charges
- A percentage of assets under your management
Advisory activities
- Other
- Selection of other advisers
- Portfolio management for other
- Portfolio management for businesses
Custody
ADV Item 9- Firm Custody Cash
- No
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- No
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Apr 1, 2026 | Employees | 2 | 1 | decreased by1 |
| Apr 1, 2026 | AUM | $2,519,885,688 | $2,318,146,171 | decreased by$201,739,517 |
| Apr 1, 2026 | Accounts | 39 | 34 | decreased by5 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 10 | 2 | decreased by8 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 108 | 39 | decreased by69 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $38,582,892,926 | $2,519,885,688 | decreased by$36,063,007,238 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 108 | 39 | decreased by69 |
| Sep 1, 2022 | Employees | 15 | 10 | decreased by5 |
| Sep 1, 2022 | Clients | 125 | 108 | decreased by17 |
| Sep 1, 2022 | AUM | $42,955,261,604 | $38,582,892,926 | decreased by$4,372,368,678 |
| Sep 1, 2022 | Accounts | 125 | 108 | decreased by17 |
| Apr 1, 2022 | Employees | 13 | 15 | increased by2 |
| Apr 1, 2022 | Clients | 134 | 125 | decreased by9 |
| Apr 1, 2022 | AUM | $50,328,310,579 | $42,955,261,604 | decreased by$7,373,048,975 |
| Apr 1, 2022 | Accounts | 134 | 125 | decreased by9 |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “MILLIMAN ADVISORS” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“MILLIMAN ADVISORS” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.