Miller Value Partners, LLC

Miller Value Partners, LLC, a registered investment adviser founded in 1999, specializes in providing discretionary investment management services to mutual funds, exchange-traded funds, institutions, and individual private accounts. The firm's Chairman and Chief Investment Officer, Bill Miller IV, leads a value-driven, research-intensive investment process aiming to outperform benchmarks over the long term. With approximately $349.7 million in discretionary assets under management as of December 31, 2024, the firm offers investment strategies such as the Income Strategy, Deep Value Select Strategy, and private funds managed using a value-driven approach. Clients may request a copy of the Form ADV Part 2A without charge. Notably, the firm updated its standard account minimum from $5,000,000 to $1,000,000. Fees for separate account clients are typically billed quarterly based on assets under management. The firm may engage in soft dollar arrangements and cross trades, and clients may place reasonable restrictions on their accounts. Proxy voting is conducted based on the firm's guidelines, and clients can reserve the authority to vote proxies themselves. For further details or inquiries, clients can contact the Chief Compliance Officer.