Miller Howard Investments Inc (Woodstock)

Name: Miller Howard Investments Inc
Address: 10 Dixon Avenue, Woodstock, NY, 12498
Telephone: 845-679-9166

Miller Howard Investments Inc is a large advisory firm based in Woodstock. It manages $4.43 billion of regulatory assets for 2,262 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Miller Howard Investments provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Miller Howard Investments: assets under management

The assets under management (AUM) of Miller Howard Investments Inc is $4.43 billion. The firm's AUM has grown by 1063% since the beginning of its operation, and $20.62 million of the total AUM is attributable to clients outside of the United States.

The firm manages $4.04 billion in discretionary accounts and $397.21 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.81 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $13.7 million.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Miller Howard Investments Inc for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Dana Chase Troxell serves?

The firm provides services to individuals, investment companies, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Dana Chase Troxell is individuals with 1,864 clients and $391.5 million of assets under management. Among the 3 most similar advisory firms, Miller Howard Investments has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $1.18 billion for 2,197 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 5% of the firm’s clients are foreign persons or businesses.

Miller Howard Investments doesn't advise any private funds.

Careers at Miller Howard Investments Inc

The company employs 49 people that are either part- or full-time employees. 22 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Dana Chase Troxell has been acting as President since 1 Apr 2014. Lowell Glaser Miller has served as the Chief Investment Officer since 1 Aug 1988. Luc Gerard Theeuwes joined the executive team most recently as the Director/Division Director West.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Lowell Glaser Miller	Chief investment officer	1 Aug 1988	50% - 75%	2183374
Helen Hamada	Vice president	1 Aug 1988	25% - 50%	2415331
Helen Hamada	Vice president/chief financial officer/treasurer	1 Feb 1992	Other	2415331
Bryan Joseph Spratt	Portfolio manager/research analyst	1 Mar 2006	Other	2588288
John E Leslie	Portfolio manager/research analyst	1 Mar 2006	Other	5166569
Lee Sik Steve Chun	Executive vice president-client service/operations	1 Mar 2006	Other	1887318
Steven Lee Chun	Exec.vp client service/operations	1 Mar 2006	Other	1887318
Annemarie Gilly	Chief operating officer	1 Feb 2011	Other	848725
Roger George Young	Portfolio manager/research analyst	1 Mar 2011	Other	475184
Paul Andrew Brook	Chief compliance officer	1 Mar 2012	Other	3005182
Dana Chase Troxell	President	1 Apr 2014	Other	2929779
Paul Andrew Brook	Chief financial officer	1 Sep 2015	Other	3005182
Gerald Willis Wheeler	General counsel/chief compliance officer	1 Sep 2015	Other	2510139
Helen Hamada	Senior advisor	1 Sep 2015	Other	2415331
Helen Hamada	Director	1 Oct 2015	Other	2415331
Luan Jenifer	Chief operating officer	1 Jun 2016	Other	6764061
Charles Michael Atkins	Chief compliance officer	1 May 2018	Other	5234593
Brian Helhoski	Chief financial officer	1 May 2018	Other	7046704
Luc Gerard Theeuwes	Director/division director-west	1 Nov 2018	Other	2817758
Danielle Frances Hughes	Director	1 Nov 2018	Other	2189447
Inc. Employee Stock Ownership Trust Miller/Howard Investments	Trust	1 Nov 2018	75% - 100%	803807247

Based in Woodstock

The principal office where Miller Howard Investments Inc performs its advisory services is located at 10 Dixon Avenue, Woodstock, NY 12498 The mailing address of the firm is P.O. Box 549, Woodstock, NY 12498. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 845-679-9166 or by fax 845-679-5862. The normal business hours are 8:30 am- 5:30 pm on Monday - Friday. You can find more information about the New York firm at mhinvest.com/.