Grayson Hofferber is a registered investment advisor at Millennial Wealth Management, LLC, based in Broomfield, CO, with 14 years of industry experience. Grayson operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Retirement Planning, and 1 more. Their firm serves 90 clients with $30M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $300K | 1.25% |
| $300K - $1.0M | 1.00% |
| $1.0M - $2.0M | 0.75% |
| $2M+ | 0.50% |
The above fee schedule does include the Outside Manager’s fee. The Outside Manager’s fee is 0.15% annually, on the assets under management. The management fee includes Pontera's 0.25% fee. The annual fees are negotiable.
Fee Estimator
Location
2095 W. 6th Avenue, Suite 112, Broomfield, CO, 80020
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Grayson is the owner of Millennial Bookkeeping, but has a sell agreement in place to transition the business to a new owner over three years. He spends minimal time on this activity.
Employment History
Current Registrations
Millennial Wealth Management, LLC
Previous Registrations
Waddell & Reed
Waddell & ReedBroker
J.P. Morgan Securities LLCBroker
J.P. Morgan Securities LLC
Tiaa-Cref Individual & Institutional Services, LLCBroker
Edward Jones
Edward JonesBroker
State Registrations3 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.