Laurent Paulhac Chief Executive Officer
Laurent joined Millennium in July 2020 as the CEO. Prior to joining Millennium, Laurent was the CEO of multiple high growth companies, some of which he founded, others he transformed and grew by raising venture and private equity capital, leading to 2 successful exits to Sungard and CME Group. Laurent has also managed as a senior executive of many global large-scale businesses of public companies in the financial service industry. His expertise includes SaaS Technology, FinTech, Market Data, Analytics, Electronic OTC Trading/Exchanges and traditional Voice Broking. Laurent is recognized for building high impact teams, developing differentiated strategies, executing complex business plans, retooling culture in mature organizations and strategically repositioning businesses challenged by rapidly changing environments. His hands-on leadership style focuses on diligent execution by working closely with his management teams, clients, business partners and board of directors.
Laurent studied engineering and received his degree in computer science from Columbia University.
What Services Can Millennium Investment And Retirement Advisors Provide
As a financial advisory firm, Millennium Investment and Retirement Advisors can provide a variety of financial planning services for Americans. Financial advisors help you achieve your life goals, e.g., saving for retirement, by creating a comprehensive financial plan and managing your investment portfolio .Financial planning services can include tax planning, estate planning, retirement planning, or life-based event planning such as saving for college, getting married, purchasing a home, paying down debt, or planning an inheritance. For further detail, see our articles on different types of advisors and financial advisor services.
A Retirement Plan Fiduciary
Whether youre a plan sponsor, a broker/dealer or an advisor, we can help you manage and improve your retirement plan offerings. Or, in technical terms, we are an unaffiliated, ERISA-defined independent fiduciary to 401 and other defined contribution plans.
What that means is this: we know ERISA, the Department of Labor and IRS regulations inside and out. That includes both the spirit and the letter of these rules. As an independent fiduciary, we can:
- Steer you away from pitfalls that dont serve you or plan beneficiaries.
- Help you save on unnecessary fees.
- Lead you through IRS or DoL investigations or corrections if those occur.
With us on your side, you can count on lower fees and lower risk for both you and your participants.
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Careers At Millennium Investment And Retirement Advisors Llc
The company employs 8 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.
Theres a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesnt compensate employees in addition to the salary for bringing in new clients. Employees dont receive compensation from other entities for client referrals.
Find An Advisor Who Will Work Directly With You
Sometimes a big firm may not be able to give you the one-on-one service that you need. That’s where we come in to help match you with great personal financial advisors.
Millennium Investment And Retirement Advisors, LLC does not have any disclosures.
Please visit its Form ADV for more details.
Millennium Investment And Retirement Advisors, LLC is registered in the following states:
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To Provide The Best Options For Your Business
Anyone who has set up or managed a defined contribution plan knows the details are expansive. Youre likely to encounter fine print from more than one federal agency as you navigate the equally complex process of selecting investments and administering the plan. We can help. We work strategically to help you provide the best options for your employees and/or your clients, and we educate you about the process along the way.
Millennium Investment And Retirement Advisors Llc
Millennium Investment And Retirement Advisors, LLC is a large advisory firm based in Charlotte. It manages $623.61 million of regulatory assets for 314 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Maryland, New Jersey, New York, and North Carolina.
Millennium Investment And Retirement Advisors provides portfolio management for individuals and small businesses and pension consulting services. It doesn’t provide financial planning services to its clients. On top of advisory services, the firm doesn’t engage in other business activities.
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Debbie Hickey Chief Administrative Officer
Debbie is the CAO and FINOP for Millennium Advisors. She is responsible for ensuring that the Company remains in compliance with its capital, financial, operational and reporting obligations. Debbie is a seasoned Accounting and Regulatory financial professional with more than 25 years in the financial services industry. She began her career at Coopers & Lybrand, and then joined Kemper Securities Group, as Manager of Regulatory Reporting at a time when the firm was in the midst of a five company consolidation . She held various leadership positions in the Accounting and Finance departments and played key roles representing the Accounting and Regulatory Reporting functions during EVERENâs acquisition by First Union Securities. Debbie then joined LPL Financial Services as the Chief Accounting Officer with ultimate responsibility for the net capital and customer reserve calculations. She oversaw the accounting, finance and treasury functions as LPL transitioned from fully disclosed to self-clearing status. She currently holds the Series 7, 24, 27 and 63 licenses.
We Credit Our Clients
For Envisioning This Path
The individuals we work with continually challenge us as a firm and as a team. Their tough questions encourage us to prove our assertions are grounded in regulations. For years, weve searched for a tool to help us work seamlessly with our clients and better address their concerns but finding none, we set out to develop one. PlanAnalyzer further empowers us to remain diligent fiduciaries and always serve our clients to the best of our ability.
Discover How PlanAnalyzer Can Help
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Committed To Helping You Improve Your Long
The key to our relationship begins with getting to know you and the goals you have in mind for yourself and your business. We want to ensure that we match you with the right solutions while making sure that everything remains compliant. In order to do so, youll meet with our team to develop a deeper understanding of how we can design a solution just for you.
Take an In-Depth Look
Business Owner & Plan Sponsor
Take fiduciary work off of your plate and limit your liability under ERISA. We put our years of expertise in legal and tax codes, regulations and investing to work for you and your plans participants.
We are a fiduciary consulting firm that can help you build and administer compliant retirement plans.
For Brokers:
Its important to realize that your firm is on the hook for any actions your representatives take when it comes to ERISA. So we developed an assessment program to help you better supervise your reps while they work on retirement plans. This not only helps you protect the firm, it also helps your reps compete more effectively for new business.
For Advisors:
Building an ERISA practice, especially nowadays, is both a contact and a team sport. We work with you on both your offense and your defense, so you can build up your defined-contribution plan offerings and increase the value you bring to your clients.
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What Kind Of Clients Millennium Investment And Retirement Advisors Serves
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Millennium Investment And Retirement Advisors is pension and profit sharing plans with 142 clients and $596.7 million of assets under management. Among the 9 most similar advisory firms, Millennium Investment And Retirement Advisors has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $623.61 million for 232 clients that can include trusts, estates, and 401 plans and IRAs of individuals and their family members. None of the firms clients are foreign persons or businesses.
Millennium Investment And Retirement Advisors doesn’t advise any private funds.
Edward Zaremba Head Of Technology
Our developers are involved throughout the entire project process, spending time with traders and quantitative analysts generating ideas, discussing their designs with other developers, building, testing, and releasing their software into production, and supporting projects once they are live. We’re always looking for self-starters interested in working in a fast-paced environment with lots of creative autonomy.
We love open source projects. Here are some of our favorites that we use every day:
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At Your Retirement Plans Performance
Similar to an annual physical youd receive from your doctor, our PlanAnalyzer is an investment evaluation tool that takes a deep dive into the performance of your retirement plan. By evaluating the effectiveness of investment committees, investment advisors and the prudence of plan investments relative to IRS and DOL rules, trust law, etc. were able to further assist you in building a successful retirement for you and your employees.
There are many benchmarking and plan review tools available in the marketplace, but most are simply an x-ray or MRI of an isolated area of a plan. PlanAnalyzer, however, is a full-body scan that roots out the problems that cause plan fiduciaries to find themselves in the crosshairs of litigators and regulators.
-James Holland
Given the sharp increase in retirement plan litigation and Labor Department investigations, business owners and other plan fiduciaries now have an independent assessment tool that checks:
- The prudence of their investments
- The quality of their investment provider
- Any potential liability if they fail to act in removing underperforming funds
What Is The Historical Performance Of Millennium Investment And Retirement Advisors
Neither the SEC nor FINRA tracks portfolio performance metrics for the financial planning industry. As a result, unlike hedge funds, there is no historical performance for any financial advisory firm. Financial plans and investment portfolios are always unique to the client’s personal financial situation.
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Not Sure Which Advisor Is Right For You Use Our Matching Tool
Our matching tool simplifies the process of finding a financial advisor. To match you with top financial advisors nearby, we ask you a series of questions about your retirement plans, life status, investment goals and advisor preferences, which are all important topics to consider when choosing a financial advisor.
The content in this profile was updated by SmartAsset on 04/01/2022 using publicly available data compiled from the SEC andFINRA. To report any data inconsistencies or errors, please contact.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm, and financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAssetâs profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
