Milestone Investment Advisors LLC

Registered adviser

CIK

1967018

Location

MIDDLETON, WI

Portfolio Value

Small $430,541,950

Diversification

Diversified

Filing Date

Global Rank

#4,047 / 8,827 ▼ 42 · as of Jun 2026

Period ended 38 days ago

Filed Nov 5, 2026 · 2d

16 quarters · since Dec 2022

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 168429

Roster of Nov 1, 2026

Regulatory AUM

$877,604,545

Main clients

Individuals and high net worth (91% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Nov 2026	$877,604,545	Individuals and high net worth (91%)
Mar 2025 to Mar 2026	$824,244,648	Individuals and high net worth (92%)
Apr 2024 to Feb 2025	$782,575,998	Individuals and high net worth (92%)
May 2023 to Mar 2024	$681,062,445	Individuals and high net worth (92%)
Feb 2023 to Apr 2023	$681,062,445	Individuals and high net worth (92%)
Apr 2022 to Jan 2023	$737,353,714	Individuals and high net worth (92%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Concentrated

The top 10 positions are 79.5% of the book (60%+)

Turnover

Low turnover

5.9% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 13.8 quarters (12+)

Closest benchmark: every 13F filer's combined book, active share 90.8%; sector active share 87.0% against the combined 13F book's sector weights.

Over time 15 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

136 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

29.3%

+1.2 pts

Top 5

68.9%

+3.9 pts

Top 10

83.7%

+4.2 pts

HHI

1,322

Diversified+113

Portfolio Trend

16 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	100.0%	$430,541,950	135
Financial Services	0.0%	$0	1

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
FBCG	Fidelity Covington Trust	+71,631	125,741	$7,948,088
MEAR	iShares Trust	+62,419	69,801	$0
CGMS	Capital Group U.S. Multi-Sector Income ETF	+28,537	47,317	$1,241,124
SCHO	Schwab Short-Term U.S. Treasury ETF	+22,367	429,910	$10,257,652
JCPB	JPMorgan Core Plus Bond ETF	+21,866	228,714	$10,241,812
FEOE	First Eagle Overseas Equity ETF	+12,733	15,399	$828,004
JSCP	JPMorgan Short Duration Core Plus ETF	+7,891	100,659	$4,628,300
CGDV	Capital Group Dividend Value ETF	+6,486	142,187	$6,945,834
USFR	WisdomTree Floating Rate Treasury Fund	+5,877	214,663	$10,816,868
SCHF	Schwab International Equity ETF	+4,612	267,400	$7,345,478
VXUS	Vanguard Total International Stock ETF	+3,487	33,593	$2,854,061
HELO	JPMorgan Hedged Equity Laddered Overlay ETF	+1,927	10,634	$735,553
FDVV	Fidelity High Dividend ETF	+1,895	326,394	$19,821,907
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	+1,377	130,218	$10,059,340
PRVS	Parnassus Value Select ETF	+1,155	4,955	$160,170
—		+1,050	62,402	$0
FESM	Fidelity Enhanced Small Cap Core ETF	+853	170,556	$7,666,492
RAFE	PIMCO RAFI ESG U.S. ETF	+574	7,528	$370,430
EMNT	PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund	+555	97,487	$9,611,633
JUST	Goldman Sachs JUST U.S. Large Cap Equity ETF	+555	29,041	$3,166,107
CVMC	Calvert US Mid-Cap Core Responsible Index ETF	+329	657	$47,957
—		+255	8,042	$0
—		+173	13,262	$0
IVV	iShares Core S&P 500 ETF	+146	16,901	$12,943,630
VTV	VANGUARD VALUE INDEX FUND	+115	20,027	$4,327,434
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SCHG	Schwab U.S. Large-Cap Growth ETF	−128,041	875,792	$31,467,206
SMMU	PIMCO Short Term Municipal Bond Active Exchange-Traded Fund	−36,239	29,761	$1,470,491
SCHX	Schwab U.S. Large-Cap ETF	−22,900	978,668	$29,360,040
FBND	Fidelity Total Bond ETF	−22,809	267,505	$11,582,966
CGMU	Capital Group Municipal Income ETF	−18,935	26,140	$678,071
SCHB	Schwab U.S. Broad Market ETF	−10,819	526,037	$15,418,144
SPHQ	Invesco S&P 500 Quality ETF	−10,123	523,871	$44,047,073
AVDE	Avantis International Equity ETF	−5,319	139,578	$12,577,373
SCHD	Schwab U.S. Dividend Equity ETF	−4,876	182,801	$5,946,516
XMHQ	Victory Portfolios II	−3,937	20,989	$0
USMV	iShares MSCI USA Min Vol Factor ETF	−2,881	43,565	$4,244,973
SUSB	iShares ESG Aware 1-5 Year USD Corporate Bond ETF	−2,315	412,088	$10,067,309
SCHM	Schwab U.S. Mid-Cap ETF	−1,973	330,300	$11,236,806
FNDX	Schwab Fundamental U.S. Large Company ETF	−1,889	350,841	$11,040,966
JMUB	JPMorgan Municipal ETF	−1,718	9,180	$436,784
XLF	State Street Corp	−1,586	11,802	$0
IQLT	iShares MSCI Intl Quality Factor ETF	−1,291	73,401	$3,631,147
—		−1,150	5,551	$0
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	−1,108	77,935	$12,095,512
VO	VANGUARD MID-CAP INDEX FUND	−1,050	167,036	$13,098,963
OMFL	Invesco Russell 1000 Dynamic Multifactor ETF	−728	25,917	$1,806,674
BIV	Vanguard Bond Index Funds	−643	79,684	$5,805,776
FNDB	Schwab Fundamental U.S. Broad Market ETF	−600	29,703	$909,208
DSI	iShares ESG MSCI KLD 400 ETF	−505	4,732	$691,723
VRIG	Invesco Variable Rate Investment Grade ETF	−472	140,960	$3,527,524
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
HFSI	Hartford Strategic Income ETF	22,973	$771,433
LRGE	Legg Mason ETF Investment Trust	5,907	$534,896
BAI	BlackRock ETF Trust	2,177	$102,732
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
SUSC	iShares ESG Aware USD Corporate Bond ETF	3,000	$69,453
IWD	iShares Russell 1000 Value ETF	60	$14,545
IUSB	iShares Core Universal USD Bond ETF	222	$10,245
XLG	Victory Portfolios II	91	$5,571
IEFA	iShares Core MSCI EAFE ETF	50	$4,829
QQQM	Invesco Ltd.	14	$4,241
WTV	WisdomTree U.S. Value Fund	13	$1,322
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

136 tracked positions · $430,541,950 total · filing declares 138 positions · $461,222,571 · as of Sep 30, 2026

All sectors Financial Services

Showing 1–50 of 136 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPHQ	Invesco S&P 500 Quality ETF	Reduced	523,871	-10,123	$44,047,073	−8.5%	10.23%
SCHG	Schwab U.S. Large-Cap Growth ETF	Reduced	875,792	-128,041	$31,467,206	−7.4%	7.31%
SCHX	Schwab U.S. Large-Cap ETF	Reduced	978,668	-22,900	$29,360,040	−0.4%	6.82%
VUG	VANGUARD GROWTH INDEX FUND	Reduced	245,087	-125	$22,084,789	+4.6%	5.13%
FDVV	Fidelity High Dividend ETF	Added	326,394	+1,895	$19,821,907	+1.3%	4.60%
SCHB	Schwab U.S. Broad Market ETF	Reduced	526,037	-10,819	$15,418,144	−0.8%	3.58%
VO	VANGUARD MID-CAP INDEX FUND	Reduced	167,036	-1,050	$13,098,963	−3.3%	3.04%
IVV	iShares Core S&P 500 ETF	Added	16,901	+146	$12,943,630	+3.2%	3.01%
AVDE	Avantis International Equity ETF	Reduced	139,578	-5,319	$12,577,373	−2.7%	2.92%
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	Reduced	77,935	-1,108	$12,095,512	−3.2%	2.81%
FBND	Fidelity Total Bond ETF	Reduced	267,505	-22,809	$11,582,966	−12.3%	2.69%
SCHM	Schwab U.S. Mid-Cap ETF	Reduced	330,300	-1,973	$11,236,806	−8.3%	2.61%
FNDX	Schwab Fundamental U.S. Large Company ETF	Reduced	350,841	-1,889	$11,040,966	+0.6%	2.56%
USFR	WisdomTree Floating Rate Treasury Fund	Added	214,663	+5,877	$10,816,868	+2.9%	2.51%
SCHO	Schwab Short-Term U.S. Treasury ETF	Added	429,910	+22,367	$10,257,652	+4.3%	2.38%
JCPB	JPMorgan Core Plus Bond ETF	Added	228,714	+21,866	$10,241,812	+5.5%	2.38%
SUSB	iShares ESG Aware 1-5 Year USD Corporate Bond ETF	Reduced	412,088	-2,315	$10,067,309	−2.8%	2.34%
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	Added	130,218	+1,377	$10,059,340	−1.2%	2.34%
EMNT	PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund	Added	97,487	+555	$9,611,633	+0.2%	2.23%
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	Reduced	42,522	-434	$8,323,681	+1.7%	1.93%
FBCG	Fidelity Covington Trust	Added	125,741	+71,631	$7,948,088	+136.5%	1.85%
FESM	Fidelity Enhanced Small Cap Core ETF	Added	170,556	+853	$7,666,492	−6.4%	1.78%
SCHF	Schwab International Equity ETF	Added	267,400	+4,612	$7,345,478	+0.9%	1.71%
CGDV	Capital Group Dividend Value ETF	Added	142,187	+6,486	$6,945,834	+3.9%	1.61%
SCHD	Schwab U.S. Dividend Equity ETF	Reduced	182,801	-4,876	$5,946,516	−0.1%	1.38%
IGM	iShares Expanded Tech Sector ETF	Reduced	34,958	-42	$5,909,300	+3.2%	1.37%
BIV	Vanguard Bond Index Funds	Reduced	79,684	-643	$5,805,776	−5.8%	1.35%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Added	15,081	+113	$5,643,913	+1.9%	1.31%
JSCP	JPMorgan Short Duration Core Plus ETF	Added	100,659	+7,891	$4,628,300	+5.8%	1.07%
VTV	VANGUARD VALUE INDEX FUND	Added	20,027	+115	$4,327,434	−0.3%	1.01%
USMV	iShares MSCI USA Min Vol Factor ETF	Reduced	43,565	-2,881	$4,244,973	−5.2%	0.99%
IQLT	iShares MSCI Intl Quality Factor ETF	Reduced	73,401	-1,291	$3,631,147	−1.9%	0.84%
VRIG	Invesco Variable Rate Investment Grade ETF	Reduced	140,960	-472	$3,527,524	−0.5%	0.82%
SPLV	Invesco S&P 500 Low Volatility ETF	Reduced	46,310	-62	$3,265,318	−6.0%	0.76%
JUST	Goldman Sachs JUST U.S. Large Cap Equity ETF	Added	29,041	+555	$3,166,107	+4.2%	0.74%
VXUS	Vanguard Total International Stock ETF	Added	33,593	+3,487	$2,854,061	+10.9%	0.66%
VEA	Vanguard FTSE Developed Markets ETF	Held	28,114	0	$1,985,129	−0.9%	0.46%
OMFL	Invesco Russell 1000 Dynamic Multifactor ETF	Reduced	25,917	-728	$1,806,674	−1.1%	0.42%
SCHA	Schwab U.S. Small-Cap ETF	Reduced	53,635	-149	$1,750,110	−9.9%	0.41%
SMMU	PIMCO Short Term Municipal Bond Active Exchange-Traded Fund	Reduced	29,761	-36,239	$1,470,491	−55.9%	0.34%
IJR	iShares Core S&P Small-Cap ETF	Reduced	10,077	-71	$1,370,875	−8.9%	0.32%
CGMS	Capital Group U.S. Multi-Sector Income ETF	Added	47,317	+28,537	$1,241,124	+141.8%	0.29%
AIQ	Global X Artificial Intelligence & Technology ETF	Added	15,549	+113	$1,013,172	+0.0%	0.24%
NULV	Nuveen ESG Large-Cap Value ETF	Reduced	18,720	-110	$985,608	+4.7%	0.23%
EFG	iShares MSCI EAFE Growth ETF	Held	8,114	0	$972,299	−3.7%	0.23%
ESGV	VANGUARD ESG U.S. STOCK ETF	Reduced	6,880	-322	$932,446	−2.1%	0.22%
FNDB	Schwab Fundamental U.S. Broad Market ETF	Reduced	29,703	-600	$909,208	−1.5%	0.21%
FEOE	First Eagle Overseas Equity ETF	Added	15,399	+12,733	$828,004	+481.6%	0.19%
HFSI	Hartford Strategic Income ETF	NEW	22,973	NEW	$771,433	NEW	0.18%
SCHV	Schwab U.S. Large-Cap Value ETF	Held	22,084	0	$735,618	−4.3%	0.17%

Showing the top 50 of 136 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.