Third Millennium Advisors
- Company typePrivate
- Founded1997
- HeadquartersBarboursville, United States
- Headcount501–1,000
- GTM typeB2C
- OfferingServices
Third Millennium Advisors firmographics
Firmographics- Name
- Third Millennium Advisors
- Legal name
- Third Millennium Advisors, Inc.
- Website
- https://tma-inc.com
- Company type
- Private
- Founded year
- 1997
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
Third Millennium Advisors industry classification
Industry- Product category
- Wealth Management Services
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Financial Planning–Led RIAs (FSAAACAB)
- akta.pro secondary industry
- Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)
Keywords
Where Third Millennium Advisors is headquartered
LocationHeadquarters
- HQ city
- Barboursville
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Third Millennium Advisors business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Investment Management Fees: Third Millennium Advisors charges a percentage of assets under management (AUM) on a sliding scale for investment management services. This fee is specified in the investment management agreement, providing transparency to clients in advance. This is a recurring revenue stream tied directly to the value of client portfolios managed.
- Financial Planning Fees: The firm charges quoted fixed fees for comprehensive financial planning engagements based on complexity of the client's situation. For general financial consulting or more complex, less defined financial planning services, an hourly fee structure may be applied. Insurance consulting is commonly provided as part of financial planning services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Investment Management - Percentage of AUM |
| Other | Multi-year contract | Financial Planning - Fixed or Hourly Fee |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Third Millennium Advisors product offering
Product offeringCore offering
Third Millennium Advisors is an independent, fee-only Registered Investment Advisor that delivers comprehensive financial planning and investment management services to individuals and families. The firm assesses client goals and financial situations through personal interviews, then designs and monitors customized portfolios and holistic financial plans covering cash flow, investments, taxes, college, retirement, risk management, and estate planning. Client assets are custodied at Schwab Institutional and analyzed using Morningstar tools, with all advice rendered under a fiduciary standard and compensation received solely from clients.
Product overview
Third Millennium Advisors offers two core wealth management services: Comprehensive Financial Planning and Investment Management. These services are designed to work together as an integrated wealth management solution where financial planning establishes goals and parameters that investment management then implements through customized portfolios. The firm operates as a fee-only registered investment advisor providing objective, unbiased advice without compensation from financial product providers.
Differentiator
Problem solved
Functional benefit
Products and services
- Comprehensive Financial Planning A comprehensive financial planning service for affluent individuals and families that evaluates current financial situations and future goals through personal interviews and delivers cash flow analysis, investment planning, income tax planning, college planning, financial independence analysis, risk management, and estate planning.
- Investment Management Investment portfolio development and management service that sorts through investment alternatives, applies fundamental, technical, quantitative, and qualitative analyses, and tailors portfolios to each client's specific needs and goals through a personal investment policy statement, with quarterly reviews and continuous monitoring.
Quantifiable outcome
- Fee-only compensation structure eliminates conflicts of interest from product commissions
- +1 more outcomes
Companies that use Third Millennium Advisors
Customer profileSegments1 record
Ideal customer profiles1 record
Third Millennium Advisors technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Third Millennium Advisors partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Charles Schwab & Co., Inc. (Schwab Institutional)coreThird Millennium Advisors recommends and uses Schwab Institutional as the custodian for client assets. Client assets are held at this third-party custodian, which the firm believes has the strength and security to protect client assets. Clients access their accounts through Schwab Alliance, a premium account information service provided by Charles Schwab Corporation for secure access to account information and document delivery.
- MorningstarcoreThird Millennium Advisors provides clients access to the Morningstar Client Web Portal, which allows investment management clients to view investment information and analysis on their overall portfolio and individual accounts.
- Financial Planning Association (FPA)minorWilliam W. Cameron is an active member of the Financial Planning Association, a professional organization for financial planners. Membership provides networking, professional development, and credibility through association with the industry's professional body.
- Certified Financial Planner Board of StandardscoreLicensing body for CFP® certification. CFP® Board owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and related marks. William W. Cameron earned his CFP® certification in 1993 and maintains it through ongoing continuing education requirements.
Scale indicators3 records
Recent moves5 records
Expansion highlights3 records
Third Millennium Advisors competitors and assessment
Company assessmentEmerging players
- Facet Wealth: Tech-enabled, flat-fee financial planning and investment management firm targeting mass-affluent and affluent clients. Overlaps on planning-led model but operates with a digital-first delivery model rather than the traditional in-person approach.
- Personal Capital (Empower Personal Dashboard): Hybrid digital wealth management firm offering financial planning and investment management with a low AUM minimum. Comparable planning-led, fee-only model but with a tech-first engagement model and broader client base.
Broad incumbents
- Vanguard Personal Advisor Services: Hybrid advisory service from Vanguard combining digital tools with dedicated CFP® advisors for affluent clients. Competes with fee-only RIAs on price and brand, particularly for cost-sensitive affluent investors.
- Schwab Wealth Advisory: Advisory offering from Charles Schwab, custodian of TMA's client assets. Overlaps in target affluent segment and uses similar portfolio management approach, but operates as a broader incumbent platform rather than a personalized boutique RIA.
Direct peers
- Carson Group: Independent wealth management firm offering financial planning, investment management, and advisor support services. Comparable comprehensive wealth management services for affluent clients, with a broader advisor-partner ecosystem.
- Mariner Wealth Advisors: Independent RIA offering financial planning, investment management, and tax/estate services to high-net-worth individuals. Comparable model and target client, with national footprint built largely through acquisitions.
- Edelman Financial Engines: Independent fee-only RIA combining financial planning with investment management for affluent households. Closely comparable model, fee structure, and fiduciary positioning.
- Mercer Advisors: Fee-only RIA specializing in comprehensive financial planning and investment management for affluent and HNW individuals. Closely comparable fiduciary-only model and integrated planning-led offering.
- Fisher Investments: Independent, fee-based investment management firm serving affluent and HNW individuals. Directly comparable in target client and recurring fee revenue model, though heavily focused on portfolio management rather than comprehensive financial planning.
- Creative Planning: Large independent, fee-only RIA providing comprehensive financial planning and investment management to affluent individuals and families. Directly comparable business model, fee structure, and service offering, though at far greater scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Third Millennium Advisors compliance and trust
Trust signalCompliance2 records
Third Millennium Advisors financial estimates
Financial estimateRevenue estimate
Valuation estimate
Third Millennium Advisors leadership team
Management profileNumber of profiles
Profiles1 record
Third Millennium Advisors funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Third Millennium Advisors M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Third Millennium Advisors
What does Third Millennium Advisors do?
Third Millennium Advisors is an independent, fee-only Registered Investment Advisor that delivers comprehensive financial planning and investment management services to individuals and families. The firm assesses client goals and financial situations through personal interviews, then designs and monitors customized portfolios and holistic financial plans covering cash flow, investments, taxes, college, retirement, risk management, and estate planning. Client assets are custodied at Schwab Institutional and analyzed using Morningstar tools, with all advice rendered under a fiduciary standard and compensation received solely from clients.
Is Third Millennium Advisors a public or private company?
Third Millennium Advisors is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Third Millennium Advisors founded?
Third Millennium Advisors was founded in 1997. It employs 501 to 1,000 people.
Where is Third Millennium Advisors based?
Third Millennium Advisors is headquartered in Barboursville, United States, in the North America region.
How does Third Millennium Advisors make money?
Two revenue lines are on record. Investment Management Fees are the primary driver. The others are financial Planning Fees.
Who are Third Millennium Advisors's main competitors?
Emerging players on record are Facet Wealth and Personal Capital (Empower Personal Dashboard). Broad incumbents are Vanguard Personal Advisor Services and Schwab Wealth Advisory. Direct peers are Carson Group, Mariner Wealth Advisors, Edelman Financial Engines, Mercer Advisors, Fisher Investments and Creative Planning.
Does Third Millennium Advisors have an API?
No public API is recorded for Third Millennium Advisors.
What industry is Third Millennium Advisors in?
Third Millennium Advisors's product category is Wealth Management Services. Its primary akta.pro industry code is FSAAACAB, Financial Planning–Led RIAs, with a secondary code of FSAEABAA, Registered Investment Advisor (RIA) Wealth Management. Its NAICS code is 523940 and its SIC code is 6282.