facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog external search brokercheck brokercheck Play Pause

The Milwaukee Company: 

Your Portfolio. Our Priority.


New to Our Firm?


Explore What We Do

Already a Client Access Your Account


Thinking is the hardest work there is, which is probably the reason so few engage in it.

-Henry Ford

The Milwaukee Company's approach to portfolio management is founded in our belief that investment strategies directed by academic research and thorough examination lead to better long-term results than those that rely on personal judgments and ad-hoc predictions. 

Unlike market prognosticators who base their investment advice on their ability to predict the future and outsmart the market, our evidence-based investment approach is founded on academics, statistics and the historical record.

We enjoy close personal relationships with many of our clients and are committed to delivering the highest standard of best practices for all of our investors and their families. Always putting their interests ahead of our own, we derive great satisfaction from our efforts on their behalf while providing state-of-the-art financial services.

By limiting the number of clients, we serve, we are able to develop close personal relationships with all of them. It is these relationships, combined with our founder's 30+ years of experience as an estate planning attorney, that gives us the expertise needed to provide our clients with the wide range of advice and services required to manage family wealth in today’s complex world.

What Makes Us Different

Our Strategies

I'm a great believer in luck, and I find the harder I work, the more I have of it.

-Thomas Jefferson

We believe that rules-based asset allocation strategies that utilize economic data and market influencing factors such as volatility, momentum, market trends, and the business cycle have the potential to generate superior risk-adjusted returns than a pure “buy and hold” approach.


Our Unique Evidence-Based Strategies:

Core Strategies

Smart Market Beta (SMB)

Learn More

Classic Asset Allocation Rebalancing (CAAR)

Learn More


Satellite Strategies

Economic Cycle Strategy (ECS)

Learn More

Fixed Income Trend Strategy (FIT)

Learn More

Market Target Strategy (MTS)

Learn More

Sector Rotation Strategy (SRS)

Learn More

Targeted Risk Strategy (TRS)

Learn More

Tactical Stock Strategy (TSS)

Learn More

Volatility Adjusted Adaptive Asset Allocation (VA4)

Learn More

Learn More About Which Strategies are Best for You

Get in Touch

Advanced Core-Satellite Portfolio Construction

The Milwaukee Company uses a core-satellite approach when selecting the strategies to be used to manage our clients’ investments.

Core strategies are focused on generating returns that correspond to those generated by the market as a whole (“market beta”), but with less volatility.

Satellite strategies focus on generating “alpha” (that is, outperforming market beta) by utilizing well-established drivers of stock and bond returns such as momentum, value, and quality.

Our approach helps us create client portfolios that reduce volatility, taxes, and costs, delivering portfolios with less volatility than is typical when passively investing in the stock and bond markets as a whole via unmanaged index funds.

Benefits of Our Approach

  • Enhanced diversification from investing in multiple strategies, each with its own unique risk-management methodology that blends a set of broadly diversified, low-cost index-tracking ETFs.
  • Improved after-tax returns by reducing capital gains.
  • Avoidance of the specific risks associated with owning stocks of individual companies.

What Makes Us Different?

Most core-satellite investment philosophies involve a passive, index-tracking core portfolio with a long-term perspective, combined with active, risky stock-picking strategies as satellites that focus on short-term results. 

We create our core-satellite portfolios by combining our internally-developed strategies in a manner that reflects each client’s unique investment goals and tolerance for risk.

  • Our Smart Market Beta (SMB) strategy is used to manage the core of our client portfolios. 
  • Our satellite strategies use an assortment of internally developed quantitative strategies that use a wide variety of widely-accepted capital market risk data and economic indicators to inform tactical adjustments to manage risk and enhance returns.


About Us

Our Story

The only place where success comes before work is in the dictionary.

- Vince Lombardi

When our founder, Andrew Willms was in high school, you could often find him at swim practice, tinkering on old cars and motorcycles, or talking about investments with his father, Dennis, who at the time was the principal owner of The Milwaukee Company, Inc., a regional investment firm and member of the New York Stock exchange. Dennis impressed upon Andy that wise investing comes from research, statistics and historical evidence, and that attempts to “outsmart the market” typically fail.

When he was a young man, Andy graduated from law school with honors, earned a Masters of Law degree in estate planning, and was elected as a fellow of the American College of Trust and Estate Counsel. In 1990, Andy started his own boutique estate planning law firm, which quickly developed a nation-wide reputation for innovation in the field of trust and estates law.

Shortly thereafter, Andy ran into a consulting challenge.  In addition to tax and estate planning, his clients (and the heirs of former clients) also needed help with wealth management. Unable to find anyone who was interested in providing rules-based, academically sound, investment strategies at a reasonable fee, Andy decided he needed to establish his own investment firm, and The Milwaukee Company was reborn.

Eventually, The Milwaukee Company’s growth inspired Andy to devote all of his time to wealth management. To that end, Andy sold his interest in the law firm to his former partner, Maureen O’Leary. Working together they are able to provide expertise in a broad range of disciplines, including portfolio management, tax and estate planning.  Maureen and Andy call their collaboration T.E.A.M. Work.

   

Meet Our Team

The way a team plays as a whole determines its success. You may have the greatest bunch of individual stars in the world, but if they don’t play together, the club won’t be worth a dime. 

- Babe Ruth


Our employees are the reasons why The Milwaukee Company has the resources and analytics to help clients achieve their financial and wealth-management objectives.

Andrew Willms, JD., LL.M Photo

Andrew Willms, JD., LL.M

Founder & CEO
Read Bio

Andrew Willms, JD., LL.M

Founder & CEO


“The important thing is to know what you know and know what you don’t know.” Warren Buffet.


Andrew Willms is The Milwaukee Company’s President and Chief Executive Officer, with primary responsibility for the management of client investments. He has been providing investment advice to individuals, families, trusts, charitable organizations and family holding companies for over 20 years.   He is a registered investment advisor, and has been designated as Chartered Wealth Manager by the GAFM Global Academy of Finance and Management. 

Mr. Willms is also an attorney with over thirty years of legal experience in the areas of estate planning, charitable giving, corporate law, and taxation law.  He has been recognized by both Best Lawyers and SuperLawyers attorney ranking services as one of America’s top estate planning lawyers.

Andy is married with 3 children and one grandchild.  His interests outside of work include long distance running, car and motorcycle collecting, boating and snowmobiling.

Shrey Patel Photo

Shrey Patel

Chief Portfolio Manager
Read Bio

Shrey Patel

Chief Portfolio Manager


“Luctor et emergo” (Latin motto of the Dutch province of Zeeland which translates to “I struggle and emerge”.)


Shrey Patel is the Chief Portfolio Manager of The Milwaukee Company whose primary responsibility is to design, implement, and execute investment strategies as well as manage client portfolios. He has been with the firm since 2014, serving under various capacities before assuming the current role in 2018.

Having earned both a Masters degree in Finance from IIT Stuart School of Business (Chicago) and a Bachelor’s degree in Computer Engineering, Mr. Patel brings an agile, research backed and an integrated approach to quantitative investment management. He also holds a Series 65 license.

Outside of work, Mr. Patel and his wife enjoy experimenting with new cuisines and travel, especially exploring national parks. His other hobbies include golf, tennis, and cricket.

James Picerno Photo

James Picerno

Director of Analytics
Read Bio

James Picerno

Director of Analytics


James plays a lead role in the development of mathematical models used by The Milwaukee Company for strategy development and assessment, as well as risk management and stress testing of client portfolios.  A former financial journalist, he has been analyzing finance and macroeconomic topics since the early 1990s and is the author of three books on markets, the business cycle and using R computer code for data analysis. 

 

James is married and has two daughters. His interests include traveling, reading, photography and refining his computer-coding skills. He's also a musician and plays guitar and piano.

Jake Willms Photo

Jake Willms

Quantitative Analyst
Read Bio

Jake Willms

Quantitative Analyst


"An investment in knowledge pays the best interest." — Benjamin Franklin 


Jake Willms is The Milwaukee Company’s Quantitative Analyst.  Jake attended Arizona State University and was a member of Barrett, the Honors College. He earned bachelor’s degrees in both finance and economics from the W.P. Carey School of Business, as well as a master’s degree in Finance.  In addition, Jake studied financial programming at DePaul University and earned a second master’s degree in Computational Finance. 

Jake writes computer code used by The Milwaukee Company to develop, analyze, and monitor our unique investment strategies.  In his free time Jake enjoys playing tennis, watching sports, and videogames. 

Laura Zakrajsheck Photo

Laura Zakrajsheck

Operations Manager
Read Bio

Laura Zakrajsheck

Operations Manager


"Don't judge each day by the harvest you reap, but by the weeds that you plant" - Robert Louis Stevenson


Laura Zakrajsheck serves as The Milwaukee Company’s Operations Manager.  She is available to assist The Milwaukee Company’s clients with administrative account-related matters.  Laura also assists in matters pertaining to compliance; helping to ensure our firm meets or exceeds all federal and state mandated regulations and best practices.  She graduated from St. Norbert College with a bachelor of arts degree.

Laura has worked with Andy for over 20 years.  She began working with Andy as a paralegal and when Andy started to assist clients with their investments’ she split her time between the law firm and the investment side.  As Andy’s wealth management practice grew, Laura dedicated all her efforts to what is today known as The Milwaukee Company.

Outside of work Laura enjoys gardening, reading, and since the pandemic, puzzles.  She also enjoys spending as much time with her family as she can.

Andrea Storey Photo

Andrea Storey

Financial Administrative Assistant
Read Bio

Andrea Storey

Financial Administrative Assistant


“The world would be a nicer place if everyone had the ability to love as unconditionally as a dog.” – M.K. Clinton


Andrea Storey is The Milwaukee Company’s Financial Administrative Assistant. As such, she assists with investment management services, the administration of client accounts, and client development. 

Andrea’s interests outside of work include fostering and volunteering through Rescue Gang, hiking, sewing, and taking last minute road trips with her dogs. She is an animal lover with 3 dogs of her own. Andrea also cares for fosters dogs while they await a new home through Rescue Gang, and frequently introduces them to her co-workers at the office.

Michael Willms Photo

Michael Willms

Intern
Read Bio


Michael Willms

Intern


“The price of success is hard work, dedication to the job at hand, and the determination that whether we win or lose, we have applied the best of ourselves to the task at hand.” Vince Lombardi


Michael Willms is an intern with The Milwaukee Company and is currently pursuing a finance degree at Marquette University. He was born and raised in Grafton, Wisconsin and graduated from Grafton High School in 2019. 

Mike’s interests outside of work include watching and participating in a variety of sports, including basketball and tennis. He is also an accomplished competitive video gamer, and while at Marquette has been the captain of the university’s Varsity League of Legends Esports team.







Ilya Kipnis Photo

Ilya Kipnis

Consultant
Read Bio

Ilya Kipnis

Consultant


Ilya Kipnis is a data science, machine learning, and systematic trading professional. He plays a key role in the development of the computer code that is used by The Milwaukee Company to develop, test, and improve its quantitative investment strategies. Ilya has received undergraduate degrees from Lehigh University in Info Systems Engineering, Operations Research, Financial Engineering, and Economics. He has also been awarded a Masters in Science, Statistics from Rutgers University.

Our Approach

Santa Claus and the Easter Bunny should take a few pointers from the [actively managed] mutual fund industry. All three are trying to pull off elaborate hoaxes. But while Santa and the Bunny suffer the derision of eight-year-olds everywhere, [stock pickers] still have an ardent following among otherwise clear-thinking adults.

-Jonathan Clements

The Milwaukee Company has developed unique data-driven, rules-based investment strategies that tactically adjust allocations to asset classes and market sectors in response to changing market conditions. Our strategies are supported by decades of academic research and extensive testing. We believe that attempts to buy winners and sell losers are more likely than not to fail. By contrast, a globally diversified portfolio that is intelligently adapted and rebalanced through time to reflect prevailing conditions tends to generate superior risk-adjusted results over time.

Investment Approach

Risk Management

Benchmarking

Tax Management

Reporting

Enhance the Possibilities of Your Investments

Begin With a Consultation

Our Principles

I’m a great believer in luck, and I find the harder I work, the more I have of it.

-Thomas Jefferson


1.

We believe that investment decisions directed by academic research and extensive testing will lead to better long-term results compared to those that are driven by personal judgments and predictions.

2.

Our investment advice is focused on: (i) generating superior risk-adjusted rates of return, and (ii) preserving wealth.

3.

We understand the importance of teamwork, and collaborate with the attorneys at O'Leary-Guth Law Office, S.C. to provide a wide range of key concierge services to manage, grow and transfer wealth.

4.

We believe that it is critically important to tailor the advice we provide to match each client’s personal goals and circumstances.

5.

We recognize that even the best investment performance can be undermined if taxes are not kept in mind.  Therefore, we avoid trades that would result in excessive ordinary income taxes, and carefully manage capital gains taxes. 

Our Mission

The Milwaukee Company was established to provide disciplined, family-focused wealth management with integrity and transparency.


Disciplined

We utilize quantitative, tactical asset allocation strategies that are rules-driven and validated by academic research.

Family-Focused

We help families preserve wealth for current and future generations through risk-managed investing, tax and estate planning, and education.

Integrity

We serve as a fiduciary to our clients. As such, we are obligated to place our clients’ interests ahead of our own.

Transparency

We report to clients on how their investments are performing by providing unbiased, robust benchmarks. We openly disclose our fees.

Discover Our Commitment to Our Clients

Here’s what sets us apart:

Fee-Only

As a fee-only investment advisor, we do not accept commission or third party-compensation of any kind.

Fiduciary Standard

Our recommendations are guided only by what we believe is in your best interest.

Research

Our advice is based primarily on evidence gleaned from academic research conducted by us and others, rather than personal opinions and predictions.

Analytics

We monitor many widely accepted capital market risk signals and economic indicators and tactically adapt the portfolios we manage to changing market conditions.

Consistent

We invest our personal assets in accordance with the investment principles that we recommend to you.

Personal

We enjoy close personal relationships with each of our clients, and have a deep understanding of their circumstances, goals, and concerns.

Thorough

When making recommendations we consider the impact our advice will have on your financial, tax and estate planning objectives.

Up Front

We will fully disclose any potential conflicts between our interests and yours, in the event one should arise.

Interested in Learning More?

Read Our Client Relationship Summary

How We Work

Our Process

While all the chatter and excitement is taking place about big stocks, big gains and three baggers, long-term success really depends on not losing -- not taking major losses.  

-Charlie Ellis

Step One

Introductory Meeting

This meeting allows us to develop an understanding of our client’s objectives, investment experience, and overall circumstances.  At your introductory meeting, we will explain The Milwaukee Company’s investment philosophy and strategies, introduce you to the team members that will be working on your behalf, and explain how our T.E.A.M. Work suite of services can provide you with comprehensive wealth management, including tax planning and return prep, comprehensive estate planning, and legal counsel on a broad range of subjects.1

1 Legal services and tax preparation are provided O'Leary-Guth Law Firm, S.C which is independently owned and operated. Fees charged by and paid to O’Leary-Guth, S.C. for legal services are separate and distinct from the fees charged by The Milwaukee Company for investment advisory services.

Step Two

Investment Objective and Risk Tolerance Evaluation

We use the information obtained in the initial meeting, along with the results of investment objective and risk tolerance assessments, to develop an understanding of your investment objectives and position on the risk-return spectrum.

Step Three

Develop Your Investment Policy Statement

After receiving a prospective client’s feedback regarding our assessment of their investment objective and risk tolerance, we develop a personalized Investment Policy Statement (“IPS”) that describes how we proposed to manage your investments. The IPS also sets out the personalized proposed model portfolio we have created for you using our unique core-satellite methodology, for your approval.

Step Four

Implement Your Portfolio

When you become a client, The Milwaukee Company will see to the transfer of your existing investments to Fidelity, who serves as the custodian of our client accounts. When those transfers are complete, we will implement your IPS.

The Milwaukee Company is not an affiliate of, or compensated by, Fidelity, and does not confer with Fidelity regarding client portfolios.

Step Five

Managing Your Portfolio

Once your Fidelity account has been funded, we will use the investment strategies chosen for you to tactically adapt your portfolio to changing market and economic conditions. We will also keep a close eye on many widely accepted capital market risk signals and economic indicators for signs of exceptional conditions that may warrant tactical adjustments to your investments beyond those directed by our rules-based strategies.


Step Six

Reporting To You

The Milwaukee Company’s clients receive monthly account statements and trade confirmations directly from Fidelity Investments. In addition, The Milwaukee Company  provides clients with monthly activity and performance reports generated using Morningstar’s highly regarded portfolio reporting software. Both are readily accessible 24/7 via a secure web portal.

Get Started Today

Fee Structure

The Milwaukee Company’s current fee schedule for clients for whom we manage assets valued at greater than $1,000,000 is as follows:

Value of Investment Portfolio

Fee as a Percentage of Client Assets Under Management

First $1,000,000 0.75%
Next $1,500,000 0.60%
Next $2,500,000 0.50%
Next $10,000,000 0.40%
Next $85,000,000 0.35%

A flat fee of 0.90% is charged for clients for whom we manage assets valued in total at less than $1,000,000. We are not well-suited to assisting investors with investible assets of less than $500,000.


The Milwaukee Company does not charge a fee for cash or cash equivalents held in an account (except in those instances where a cash equivalent investment is a result of a strategic decision).

Let’s Get Started

Concierge Services

T.E.A.M. Work

Alone we can do so little, together we can do so much.

- Helen Keller

The wide range of advice and services required to manage wealth in today’s complex world requires a team approach. To address this need, The Milwaukee Company collaborates with O’Leary-Guth Law Office, S.C.,  to offer a wide range of services to our mutual clients. We refer to this collaboration as T.E.A.M. Work.1

1 Fees charged by and paid to The Milwaukee Company for investment advisory services are separate and distinct from the fees and expenses charged by O’Leary-Guth Law Office, S.C. for legal services.

T.E.A.M. Work

A Unique Partnership That Offers  Unique Advantages


Families need talented advisers with expertise in numerous disciplines to maximize life’s opportunities and manage the challenges.  Most of us obtain legal advice from a lawyer, tax advice from an accountant, and investment and insurance advice from a financial advisor. 

Typically, these advisors work independently of one another, often at different companies, which in turn can result in conflicting advice, lost opportunities, and inefficiencies that hinder individual and family achievement. 

Moreover, the need for coordinated advice grows as family wealth grows.  For families who have assets in excess of $5 million (give or take), working with multiple independent advisors can be far less than ideal.

To address this need, The Milwaukee Company and O'Leary-Guth Law Office, S.C. collaborate to offer a wide range of services to our mutual clients.  We refer to this collaboration as T.E.A.M. Work.



The variety of skills required to manage wealth can be thought of as a three-lane highway where the left lane is for tax planning, the middle lane is for estate planning, and the right lane is for asset management.



T.E.A.M. Work helps our clients enjoy the sense of fulfillment that comes from knowing that they and their families’ futures are secure, and that they’ve established a legacy for their loved ones and favorite charitable causes.  Benefits of the T.E.A.M. Work program include:

  • Your advisors share a common understanding of your and your family’s needs and aspirations.
  • Communication and collaboration among your advisors and you is enhanced.
  • The risk of conflicting advice is greatly reduced or eliminated.
  • Meetings between you and our team members can be held at one location.

The attorneys at O’Leary-Guth Law Office, S.C. can provide clients of The Milwaukee Company with a wide range of legal and tax services, including: tax planning and return preparation, preparation of wills and trust agreements, probate administration and trust management, business transition and charitable giving, to name a few.  Working together, The Milwaukee Company and O’Leary-Guth Law Office, S.C. are able to help our clients enjoy the sense of security that comes from knowing that they and their families’ futures are provided for, and that they’ve established a legacy for their loved ones and favorite charitable causes.

Who We Work With


Maureen O'Leary

Owner, Attorney

Attorney Maureen O’Leary practices primarily in the areas of estate planning, estate and trust administration, business succession planning, business transactions, real estate, accounting and taxation. She has significant experience with complex estate planning, business, trust, and estate issues, and she frequently represents business owners in corporate planning, sales and acquisitions, dispute resolution, succession planning and tax planning. 

Maureen also prepares estate, gift and income tax returns, with a focus on fiduciary and business income tax returns.

 Read more about Maureen.


Peter Smiley

Attorney

Attorney Peter J. Smiley practices in the areas of tax planning and preparation, business law, estate planning, trust administration, real estate, accounting and taxation. Peter prepares estate, gift and income tax returns, with a focus on fiduciary and business income tax returns. Peter also assists businesses, trusts and estates in the operation and administration of these entities.

 Read more about Peter. 


T. Samuel Azinger

Attorney

Attorney T. Samuel Azinger’s practice includes Estate Planning, Real Estate, Business, Estate and Trust Administration, Retirement Benefits Planning, Charitable Giving, and a focus in Elder Law and Special Needs matters, including Guardianships, Title XIX Planning, Special Needs Trusts, Senior Living and Long-Term Care planning.

Read more about Sam. 


Benjamin Rydecki

Attorney

Attorney Benjamin Rydecki focuses in the areas of tax law, tax preparation, accounting, estate planning and business. Ben prepares estate, gift, and income tax returns, including personal, trust, estate, business and non-profit returns.

 Read more about Ben. 

O’Leary-Guth Law Office, S.C. also has a team of associates and support staff, including paralegals, legal assistants, and law clerks, ready to assist with their clients’ needs. Read more here.

Media

Articles

Loading Posts...

Read More

Our Newsletters

Read More

Our Podcast

The Market Commentator


The following link will take you to The Market Commentator podcast, the personal podcast of Andrew J. Willms, The Milwaukee Company’s President and CEO. The thoughts and opinions expressed that podcast represent Mr. Willms' personal views and not necessarily those of The Milwaukee Company.


Have a Listen →


Please note, nothing on The Market Commentator podcast should be construed as investment advice and the views expressed represent Andy Willms' and his guests' personal views and are not necessarily those of The Milwaukee Company.


Quizzes

Quizzes

For the most efficient and effective portfolio, an analysis of risk is just as important as the estimate of rates of return.1


Having a solid understanding of your investment objectives and tolerance for risk is essential for your investments to be managed in a way that you are comfortable with and that will help you achieve your financial goals.  The following quizzes help clarify your investment objectives and tolerance for risk. For the most accurate results, please take all three quizzes, starting with Financial Goals, then Investment Objectives, and then Risk Tolerance.

1 James B. Cloonan, Measures of Portfolio Risk and How You Can Apply Them, American Association of Independent Investors, July 2002.

Organize Your Investment Objectives

Financial Goals are your personal, specific life goals that you aim to accomplish through your investments, such as saving for college or building wealth for retirement.

Identify Your Investment Objectives

“Investment objective” refers to the purpose, goals and expectations that drives the decision to invest in publicly traded securities.

Discover Your Risk Tolerance

“Risk tolerance” refers to an investor's willingness to risk losses in an effort to generate returns from their investments.

Please note that the quizzes found on this site are not intended to provide comprehensive financial advice. It is also important to revisit your investment objectives and risk tolerance as your circumstances change. You should not take any action based on these quizzes before talking to a financial professional who is familiar with your situation.

Please note that the quizzes found on this site are not intended to provide comprehensive financial advice. It is also important to revisit your investment objectives and risk tolerance as your circumstances change. You should not take any action based on these quizzes before talking to a financial professional who is familiar with your situation.

Frequently Asked Questions

Frequently Asked Questions

What Differentiates The Milwaukee Company from other investment advisors?

  • Our philosophy emphasizes the way portfolios are built and managed over stock picking. In short, we avoid swinging for the fences in favor of a higher batting average over medium and long-term horizons.

  • For the most part, our client portfolios are invested in low-cost exchange-traded funds that track well-established market indexes such as the S&P 500, the NASDAQ 100 Index, and Bloomberg US Aggregate Bond Index.

  • We have developed our own rules-based investment strategies that utilize economic data and market-influencing factors, such as volatility, momentum, market trends and the business cycle to manage our client’s investments.

What types of services does The Milwaukee Company Provide?

In collaboration with O'Leary-Guth Law Office, S.C., we offer our clients a comprehensive set of financial and legal services, including portfolio management, tax advice and preparation, and a large variety of legal services, including estate planning, probate and trust administration, corporate law and succession planning. We call this collaboration our T.E.A.M. Work program.

What is The Milwaukee Company most proud of?

The unique, enduring relationships we have with our clients and their families. We have represented some of our clients for decades and many of our long-time clients’ children and grandchildren have become clients as well.

Where does The Milwaukee Company custody their client’s assets?

Fidelity Investments serves as the custodian of our client accounts, but we are not otherwise affiliated with Fidelity, and do not receive compensation from them.

What does The Milwaukee Company charge for its services?

We are a “fee-only” advisor.  As such, we do not receive commissions or compensation from third parties or as a result of the investments, we make on behalf of our clients. We also refrain from paying third-party portfolio managers to assist us with the management of our client’s investments. 

The Milwaukee Company’s standard fee schedule can be found here.

Does The Milwaukee serve its clients in a fiduciary capacity?

Yes.  As such, we have a legal obligation to:

  • Put our clients’ best interests before own;

  • Act in good faith and provide all relevant facts to our clients; 

  • Avoid conflicts of interest and disclose any potential conflicts of interest to our clients; and

  • Do our best to ensure the advice we provide is accurate and thorough.

How does The Milwaukee Company keep clients informed about their investments?

Clients receive monthly account statements directly from Fidelity Investments, which provide detailed information on the current positions held in the account, trading activity, tax information and the like.

The Milwaukee Company also provides clients with monthly activity and performance reports that we generate using Morningstar’s software.  Clients also receive an annual report that details account activity and performance during the prior calendar year.

How does The Milwaukee Company stay in contact with its clients?

Because we have a limited number of clients, we are able to  communicate with them frequently. In person, video and telephone conferences are common. We also send our clients a weekly market update, a monthly newsletter, and our founder, Andrew Willms is the host of The Market Commentator podcast.

Does The Milwaukee Company consult with their clients before making trades?

Our clients can choose (i) to approve all trades before they are made,  (ii) limit our authority to make rebalancing trades only without prior approval, or (iii) give us full investment authority, in which case we are allowed to make trades without prior approval. Regardless of what level of trading authority we are given, we routinely consult with our clients about how we are managing their accounts.


Have a Question That Wasn’t Addressed?

Let’s Connect

Contact Us

We Welcome the Opportunity

To Be of Service to You

To learn more about the scope of our services or our investment strategies, please complete the form below and we will be in touch soon.


TMC Career Opportunities


Are you interested in joining a great team?


We are regularly looking to hire. If you are interested in applying, submit your resume and cover letter, via email, to firm@themilwaukeecompany.com.