Our Mission
Our mission statement is simple: just one word.
Stewardship.
Stewardship is about taking care of the resources you’re blessed with. It acknowledges that we don't all start off with the same privileges, but it demands that we make the most of what we have. We help our clients steward their financial opportunities to create wealth. We then steward that wealth by protecting and growing it to achieve your financial goals. And when you're gone, we'll keep right on helping the next generation steward the wealth that you leave for them. “Millennium” means a thousand years. If managed properly, what you build today could still be making an impact that deep into the future, and beyond.
Recommended Reading
Matthew 25: 14-30
Our Model
Millennium was founded to fill a gap in the financial industry. We are the world's first mass market family office.
A family office is an organization that coordinates financial affairs on behalf of a household. They are holistic in nature because they have to be - the different areas of personal finance depend on each other. At Millennium, we coordinate financial planning, cash flow, investment strategies, tax planning, insurance, debt management, and estate planning.
The term "mass market" refers to a product that has become so affordable and widespread that it comes to be seen as a basic household good. The problem with traditional family offices is that they're exclusive. They were originally used during the late 1800s - the so-called gilded age - to protect and grow the estates of the wealthiest families in American history. In the decades since, little progress has been made to make that experience accessible to the middle class... until now.
Maybe, you have already built a comfortable nest egg and just want help taking the next step. Maybe, you’re just starting your financial journey. Maybe, you even feel a sense of shame or fear when you think about your finances. Wherever you're at, Millennium is here to make your relationship with money healthier.
Our Core Principles
-
Goals are motivating. As humans, we need them to focus our efforts and keep us healthy. When we work towards those goals, we are able to endure hardship that would otherwise be debilitating. At Millennium, we help our clients articulate their goals to themselves and others. It's the most important step toward a healthy relationship with money.
Recommended Reading
Man's Search for Meaning by Victor Frankl
The 7 Habits of Highly Effective People by Stephen Covey -
Doing the math is about thinking through your decisions in a rigorous way and acting with purpose, whether or not those decisions involve numbers. We don't do one-size-fits-all plans because you are unique, and your financial plan should be too. We educate our clients so they can do the math with us. If you implement one of our recommendations, it will be because it's right for you, not because it's what everyone else does, and not because someone told you to.
Recommended Reading
Corporate Finance by Jonathan Berk and Peter Demarzo -
"Bourgeois" is an old word which describes the values and lifestyles of the middle class, as opposed to those of the old-world aristocracy. These are values like hard work, thrift, creativity, entrepreneurship, pluralism, and liberty. Medieval nobility inherited wealth. The bourgeois build it. Our clients' effort to build wealth for themselves and their families is nothing short of heroic. At Millennium, we don't take that for granted. It inspires us every day, and we celebrate it.
Recommended Reading
A New Colossus by Emma Lazarus
Bourgeois Equality by Dierdre McClosky -
Diversification is a lot more than a sound strategy for investing. It's a concept that can be applied to how we live life and how we manage our company. Communities are stronger when they are inclusive because they benefit from a broader range of perspectives. Most problems worth solving require multiple points of view. If you ever find yourself in a place where everyone looks, acts, talks, and thinks like you — run. You'll find a better home here at Millennium.
Recommended Reading
The Sneetches and Other Stories by Dr. Seuss