Overview
Ownership
Mill Capital is a limited liability company formed in 2021 under the laws of the State of North
Carolina. The owners of the Adviser are Brian Seay, Paul Clark and Jon Rhoney. Mill Capital is located
in Concord, NC.
General Description of Primary Advisory Services
Mill Capital offers investment advisory and management services to individual and charitable
organization clients. The types of clients include, but are not limited to, individuals and charitable
organizations on a discretionary basis. Mill Capital offers separately managed accounts that will
invest predominantly in individual stocks, but may include REITS, mutual funds and Exchange
Traded Funds (ETFs) using the investment strategies described below. Mill Capital provides
investment recommendations in the form of strategy recommendations as well as occasionally
selecting external investment managers.
In addition to investment management, Mill Capital also offers financial planning. Mill Capital, in
conjunction with the client, takes into account specific client needs and various investment strategies
that are under the Firm’s advisement. These conversations are on a case-by-case basis with each
client, and thus, client portfolios may vary, and investment decisions may vary depending upon the
client.
Adviser’s services are provided based on the specific needs of the individual client and are tailored
to each client. Clients are given the ability to impose restrictions on their accounts, including specific
investment
selections and sectors. However, Mill Capital will not enter into an investment advisory
relationship with a client whose investment objectives may be considered incompatible with
Adviser's investment philosophy or strategies or where the prospective client seeks to impose
unduly restrictive investment guidelines.
Investment Management Services
Mill Capital’s portfolio managers work with clients to agree upon investment objectives and to
determine an appropriate investment strategy for the client’s account. Relevant factors in this data-
gathering process include, but are not limited to, time horizons, market specific information, risk
tolerance, liquidity needs, and, in the case of individuals, tax issues. We manage portfolios designed
to meet those objectives.
Adviser offers portfolio management services that include giving continuous investment advice
and/or making investments for the client based on the individual needs, goals and objectives and risk
tolerance of the client. Due to Adviser’s discretion over the account, Adviser will have the authority
to make investment and trading decisions in the account.
Please see Item 5, Fees and Compensation, for a detailed description of the services provided and
fees charged.
Wrap Fee Programs
Adviser does not sponsor, or participate in, wrap fee programs.
Assets Under Management
As of December 31, 2023, Adviser has $1,195,979,561in discretionary assets under management and
$34,211,485in non-discretionary assets under management.