John Mcmillian
John Mcmillian is a registered investment advisor at Allstate Financial Advisors, LLC, based in Lake Charles, LA, with 22 years of industry experience. John operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 280 clients with $82M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Allstate Financial Advisors (AFA) uses Fidelity Institutional Wealth Adviser's (FIWA) FMAX wrap fee program. The fee covers investment advice and trading costs, based on a percentage of the assets managed, up to 1.5%. AFA receives part of this fee, creating a potential conflict of interest. Clients should compare the FMAX program's overall cost and service with other options, including brokerage accounts and other advisor programs.
Location
3600 Common St Ste 300, Lake Charles, LA, 70607-1733
Get directionsHistory
Regulatory History (1)
Customer Dispute
July 2011Other Business Activities
John is the president of Travis Development, Inc., a shell company, and devotes minimal time to it. He also owns 50% of Travis Holdings, LLC and is a partner in M & A Capital, LLC, spending minimal time managing operations and purchasing income properties.
Employment History
Current Registrations
Allstate Financial Advisors, LLC
Allstate Financial Services, LLCBroker
State Registrations2 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.