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Millennial Advisers
Millennial Advisers was established in New York City, where it remains headquartered at 200 Vesey Street.
Millennial Advisers
Millennial Advisers was established in New York City, where it remains headquartered at 200 Vesey Street. The firm is led by CEO John Parmigiani, a financial-services executive with over 26 years in the industry. It operates alongside an affiliated broker-dealer, Allied Millennial Partners LLC, a FINRA and SIPC member that enables securities and variable-insurance product offerings. The firm delivers a mix of wealth management, investment advisory, and brokerage services. Its service stack spans financial planning, portfolio construction, investment research, trading, insurance services, and investment banking. Millennial Advisers offers clients a choice of three custodians for trade execution and asset custody. The firm reports no disclosed AUM or deployment figures, and no named portfolio companies, deals, or co-investors are publicly available. The team disclosed on the website numbers three individuals: CEO John Parmigiani, Partner and Financial Advisor Edward Daigneau, who has over 22 years of experience, and Chief Compliance Officer Kay Johnson, a 30-year industry veteran. There is no public record of additional offices, adjacent philanthropic vehicles, or operating businesses. The firm has not published any dated operational event within the last 24 months. The firm's structural differentiator is its hybrid RIA–broker-dealer model, which bundles fee-based advisory with commissionable brokerage and investment-banking capabilities. This paired architecture allows Millennial Advisers to serve as both a fiduciary advisor and a transactional platform, a configuration that distinguishes its approach from pure-play RIAs.
General information
Firm type
Private Equity
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
200 Vesey Street 24th Floor, New York, NY 10281
Principals
John Parmigiani
CEO
Edward Daigneau
Partner & Financial Advisor
Kay Johnson
Chief Compliance Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Millennial Advisers?
The firm's website identifies CEO John Parmigiani as its most senior officer, with over 26 years in financial services. Investment and advisory decisions appear to flow through the firm's financial advisors, including Partner Edward Daigneau. No separate CIO or investment committee is named publicly.
How is Millennial Advisers related to Allied Millennial Partners?
Allied Millennial Partners LLC is the affiliated broker-dealer of Millennial Advisers, sharing the same headquarters at Three World Financial Center. While Millennial Advisers provides fee-based investment advisory services as an SEC-registered RIA, Allied Millennial Partners acts as the FINRA/SIPC-member entity through which securities and variable insurance products are offered. The two entities together form a hybrid advisory-and-brokerage platform.
What services does Millennial Advisers offer?
The firm lists four service lines: wealth management, investment products, investment research and trading, and insurance services. It also signals investment banking capabilities via its affiliate broker-dealer. Clients can access three custodians for trade execution and asset custody.
Is Millennial Advisers a single-family office or a multi-family office?
Millennial Advisers is structured as a registered investment adviser, not a family office. It markets itself broadly to individual investors and does not indicate that it serves a single or limited group of families. The firm's public materials are client-facing and retail-oriented rather than family-office-specific.
Does Millennial Advisers participate in fund commitments or direct deals?
No fund commitments or direct-deal activity is disclosed publicly. The firm's described model centers on wealth management, brokerage, and insurance services for individual investors, without evidence of institutional private-market fund investments.
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