Ira M. Millman
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CRD#: 1008041
Professional summary
Being a previously registered professional could mean that this person is no longer operating under the supervision of the SEC or FINRA.
That means that the Securities and Exchange Commission may not be able to oversee the services that this specific professional is providing.
Ira Marc Millman, CFP®, CIMA®, CPWA®, who also goes by Ira Marc Millian, was a registered financial professional .
Ira is a previously registered financial professional and started their career in finance in 1981. Ira had worked at 5 firms and has passed the Series 65, Series 63, SIE, Series 3 and Series 7 exams.
Biography
Ira Millman is the founder of The Millman Group at Morgan Stanley, a 9-person wealth management team that advises ultra-affluent individuals and families on more than $2 billion in assets, as of March 2021. His areas of concentration include overseeing the team’s asset allocation models, portfolio construction, and manager evaluation of both traditional and alternative investments. Over his 35+ year career, Ira has built a team that strives for excellence by inspiring a level of confidence that helps enable clients to spend less time worrying about day-to-day finances and more time doing what matters most to them and their family.
Prior to joining Morgan Stanley in 2015, Ira was a Managing Director and Private Wealth Advisor at UBS from 2001 to 2015 and a Senior Vice President at Smith Barney from 1981 to 2001. Throughout his career, Ira has been consistently recognized for his industry achievements, having been named to Barron’s list of America’s Top 1,200 Advisors (2009-2014, 2021), The Financial Times’ list of Top 400 Financial Advisors (2017-2020), and Forbes Magazine’s list of America’s Best-in-State Wealth Advisors (2018-2021).
Ira is a Cum Laude graduate of Queens College. He became a Certified Financial Planner™ (CFP®) in 1993, following which he was also designated a Certified Investment Management Analyst (CIMA®) by the Wharton School of Business and a Certified Private Wealth Advisor (CPWA®) by the University of Chicago, Booth Business School.
Ira maintains an active role in his community. He is a member of the Morgan Stanley Portfolio Management Institute, Investment Management Consulting Association, Financial Planning Association, and the Certified Board of Standards and Practices for Certified Financial Planners. He also sits on the National Investment Committee of the National Multiple Sclerosis (MS) Society, is a National Ambassador for the Weizmann Institute of Science, and serves on the board of Dorot, an organization that serves the elderly and shut-in population of New York City. Ira currently resides in Connecticut with his wife Mila and has two grown children and a granddaughter.
Question & Answer
What are your service offerings?
Trust & estate planning
Insurance
Financial planning
Trading individual securities
Loans/credit services
Philanthropic services
Retirement planning
What is your current number of clients?
Under 100
What is your minimum asset requirement?
2M
Are you a "fiduciary"?
No
Aliases
Ira Marc Millian
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
1)MS SOCIETY / MAIN STREET HARTFORD CT NA / OTHER / HEALTH CARE & PHARMACEUTICALS / RAISING MONEY TO FIGHT MS / TRUSTEE / FUNDRAISE / START DATE 06/01/2005 / 2-5 HRS PER WEEK .
2)DOROT / 171 WEST 85TH STREET NEW YORK,NY 10024 / CHARITIES, CULTURAL, EDUCATIONAL & POLITICAL ORGANISATIONS / CHARITY / TRUSTEE / ATTEND BOARD MEETINGS / START DATE 06/01/2012 .
*230278 - National Multiple Sclerosis Society; Not Investment related; New York, NY; Finding a cure for MS; Investment committee(proprietor, partner, officer, director, employee, trustee, agent); Aug 2019; During business hours: 0; After business hours: 5. Advisor to MS society to oversee investments.
CRS (Client Relationship Summary)
The CRS(Customer Relationship Summary) document is not provided.
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
CFP®
Start date: 1993
CPWA®
Start date: 2009-11-24
Expire date: 2023-08-31
Experience
Past
April 14, 2015 - January 19, 2024
MORGAN STANLEY
RIA
CRD#: 149777
Westport, CT
Past
April 14, 2015 - January 19, 2024
MORGAN STANLEY
BD
CRD#: 149777
Westport, CT
Past
June 7, 2004 - April 23, 2015
UBS FINANCIAL SERVICES INC.
RIA
CRD#: 8174
NEW YORK, NY
Past
October 12, 2001 - April 23, 2015
UBS FINANCIAL SERVICES INC.
BD
CRD#: 8174
NEW YORK, NY
Past
July 31, 1993 - October 22, 2001
CITIGROUP GLOBAL MARKETS INC.
BD
CRD#: 7059
NEW YORK, NY
Past
April 11, 1988 - July 31, 1993
LEHMAN BROTHERS INC.
BD
CRD#: 7506
NEW YORK, NY
Past
September 28, 1981 - April 11, 1988
E. F. HUTTON & COMPANY INC
BD
CRD#: 235
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
MORGAN STANLEY
CITIGROUP INSTITUTIONAL CONSULTING | SMITH BARNEY | PRIVATE PORTFOLIO GROUP | MORGAN STANLEY WEALTH MANAGEMENT | MORGAN STANLEY SMITH BARNEY LLC | MORGAN STANLEY SMITH BARNEY | MORGAN STANLEY PRIVATE WEALTH MANAGEMENT | MORGAN STANLEY CONSULTING GROUP | MORGAN STANLEY | GRAYSTONE CONSULTING | E*TRADE FROM MORGAN STANLEY | CONSULTING GROUP
CRD#: 149777 / SEC#: 801-70103, 8-68191
RIA
Registered Investment Advisory firm - SEC (5/11/2009 Approved)BD
Broker-Dealer Firm Regulated by FINRA (New York district office)
State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
Visual representation of state registrations
This advisor is not registered in any state.
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
Current Firm
MORGAN STANLEY
CITIGROUP INSTITUTIONAL CONSULTING | SMITH BARNEY | PRIVATE PORTFOLIO GROUP | MORGAN STANLEY WEALTH MANAGEMENT | MORGAN STANLEY SMITH BARNEY LLC | MORGAN STANLEY SMITH BARNEY | MORGAN STANLEY PRIVATE WEALTH MANAGEMENT | MORGAN STANLEY CONSULTING GROUP | MORGAN STANLEY | GRAYSTONE CONSULTING | E*TRADE FROM MORGAN STANLEY | CONSULTING GROUP
CRD#: 149777 / SEC#: 801-70103, 8-68191
RIA
Registered Investment Advisory firm - SEC (5/11/2009 Approved)BD
Broker-Dealer Firm Regulated by FINRA (New York district office)
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Contact information
Main Address
2000 Westchester Avenue, Purchase, NY 10577-2530
Mailing Address
1300 Thames Street C/o Shared Services Compliance - Registration, Baltimore, MD 21231
Phone number
(914) 225-1000
Established
Delaware since 02/02/2009
Firm type
Limited Liability Company
Fiscal year end
December
Firm Size
Large
# of Employees
29,200
SEC notice filing (51 States and Territories)
FINRA licenses (53 States and Territories)
Documents
Part 2 Brochures
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| MORGAN STANLEY CAPITAL MANAGEMENT, LLC | MEMBER | |
| CROWE, JOHN WILLIAM | CHIEF FINANCIAL OFFICER | 5475007 |
| FINN, JED | DIRECTOR, CHAIRMAN, PRESIDENT AND CHIEF EXECUTIVE OFFICER | 5658048 |
| FLETCHER, PATRICIA KAY | TEXAS DESIGNATED PRINCIPAL | 1202060 |
| GALASSO, DAVID ANTHONY | PRINCIPAL OPERATIONS OFFICER | 1926502 |
| GIVENS, WILLIAM BENJAMIN | CHIEF COMPLIANCE OFFICER (BD ONLY) | 2790454 |
| HANSEN, TIMOTHY GERARD | CHIEF COMPLIANCE OFFICER (IA ONLY ) | 4956475 |
| HENNESSY, MICHAEL S | DIRECTOR | 1988660 |
| JANOVER, JAMES TROY | DIRECTOR | 2818307 |
| TURNER, CHAD EDWARD | DIRECTOR | 6009808 |
Regulatory assets under management
| Total Number of Accounts | 2,539,760 |
| AUM (Assets Under Management) | $ 1,650,015,946,338 |
Disclosures
| Regulatory Event | 66 |
| Arbitration | 115 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 08/20/2025 | ||
| 07/23/2024 | ||
| 08/24/2023 |
Red Flags
Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.
Check for any disclosures as part of your thorough research when choosing an advisor.
