Bud Milligan

Home > Financial Advisor Directory > tennessee > collierville

About Bud Milligan

I am an independent financial advisor and wealth manager with more than 12 years' experience. Over the years, I noticed that many larger broker dealers who owned their own products often recommended them without consideration of competitive products and services. That's why I made the decision to move to an independent broker dealer. With my industry experience, financial MBA, undergraduate degree in psychology, and a drive to provide personalize and distinct recommendations, my clients know they can depend on a carefully crafted plan to pursue their financial goals without the product-focused approach of larger companies.

As an independent financial advisor, I am proud to manage the wealth for individuals who are professionals or executives in manufacturing, transportation/logistics, pharmaceuticals, and medical device industries. Wealth management services include managing investments, financial and estate planning strategies, and risk management planning. I also help businesses and employers manage their retirement plans through plan design, platform selection, financial wellness classes, and executive benefits.

I live in Hernando, MS with my wife, two daughters, two dogs, two birds, and a cat. When I am not managing the practice, I enjoy golfing, running, hiking, camping, and fishing with my family.

See Disclosures

General Information

Firm Start Year

2023

No. of Employees

CRD#

5862241

Firm CRD#

6413

Name of Broker/Dealer

LPL FINANCIAL LLC

States Licensed in

AL,AR,CA,CO,CT,FL,GA,ID,IL,LA,MA,MS,MO,MT,NJ,OK,OR,PA,RI,SC,TN,TX,VA,WA,WV

Years of Experience in Financial Services

Number of Years with Current Firm

Work Experience

Soon after my service as a Captain in the United States Marine Corps, I became an employee benefits consultant for small and medium sized employers for BlueCross BlueShield of Tennessee. I enjoyed working with employers and their employees because I was able to quickly make a positive impact on large numbers of people and their families. I eventually earned my financial MBA in 2006 and realized the important role finance played in every aspect of our lives. At the time, I was a marketing manager for a major pharmaceutical company. In 2011, I made the decision to change careers and have been growing my client base since.

Work with the following types of clients

Businesses, Individual Investors

Advisory Services Provided

Risk Management, Education Funding and Planning, Financial Planning for Individuals, Financial Planning for Businesses, Tax Advice and Services, Wealth Management, Financial Advice & Consulting, Investment Advice & Management, Estate Planning & Trusts, Insurance Products & Annuities, Financial Planning, Portfolio Management, Retirement Planning, 401K Rollovers

Compliance

Registered Representative

Investment Advisor Representative

Acknowledged fiduciary

Compliance Disclosures in Last 5 years

I have a clean record

Criminal Disclosures in Last 5 years

I have a clean record

Qualifications & Membership

Certifications, Accreditations & Designations

MBA, CRPC^{®, CRPC^®}

Securities Licenses

Series 66, Series 7

Insurance and Annuity Licenses

Variable Life, Long Term Care, Variable Annuity, Life, Health, Annuity, Disability

Firm Information

Firm's Number of Clients

Firm's Number of Planning Clients

Firm's Number of Managed Clients

Assets Managed by Firm

$44,000,000

Advisor's Number of Clients

Advisor's Number of Managed Clients

Advisor's Number of Planning Clients

Total Assets Under Management by Advisor

$44,000,000

Compensation and Fees

Fee Structure

Fee-Based

Minimum Portfolio Size for New Managed Accounts

$100,000

Compensation Methods

Commissions, Flat Fee, Based on Assets

Additional Details on Charges

Asset based fees range from 0.65% to 1.2%, based on assets under management.

Financial planning fees range from $850/yr to $15,000/yr, based on type of plan (Foundational, Core, Comprehensive, and Advanced) and complexity. For clients with $1M+ in managed assets, there is a charge for the first year of planning and no charge for subsequent years, unless there are major changes (does not apply to Advanced Planning).

Minimum Fee Charged for Managed Accounts

0.65%

Education

BA - Psychology

University of Memphis
05/01/1985 -05/01/1989

MBA - Finance

Jones International University
01/01/2006 -12/31/2007

Disclosures

PaladinRegistry.com provides referrals to financial professionals of LPL Financial, LLC (LPL). PaladinRegistry.com is not a current client of LPL for brokerage or advisory services. Financial professionals of LPL pay PaladinRegistry.com cash compensation for these referrals, which creates the incentive for PaladinRegistry.com to make these referrals, resulting in a conflict of interest.

LPL ADV 2A

https://www.lpl.com/content/dam/lpl-www/documents/disclosures/A58.pdf

Additional Detailed Disclosures

https://www.lpl.com/content/dam/lpl-www/documents/disclosures/wiseradvisor/wiseradvisor-lpl-detailed-disclosures.pdf

Disclaimer

Securities and advisory services offered through LPL Financial, a registered investment advisor. Member FINRA/SIPC

Paladin Advisors

PaladinRegistry is a wholly-owned brand of the Respond.com Inc. ("Respond") family. Respond is registered with the U.S. Securities and Exchange Commission as an investment adviser, and operates through various subsidiaries and brands that provide financial education. PaladinRegistry matches and refers investors to qualified financial professionals that have elected to participate in our matching platform. PaladinRegistry, Respond, and Respond's other subsidiaries and brands do not manage investor assets or otherwise render investment or financial planning advice beyond the referral of investors to qualified financial professionals. By using this website, you agree to our terms and conditions.

Paladin Research Report For:

Milligan Wealth Management