Website : https://www.millswealthadvisors.com/
Address : 1207 S White Chapel Blvd #150, Southlake, TX, 76092, United States
Phone : 817-416-7300
Mills Wealth Advisors is a fiduciary, fee-based Registered Investment Adviser (RIA) headquartered in Southlake, Texas and serving clients across Westlake, Grapevine, Colleyville, Keller, Trophy Club, Dallas, and Fort Worth. For more than 25 years, our CFP® professionals have specialized in holistic wealth management that blends disciplined investment management with forward-looking financial planning.
Core Expertise:
Wealth Management & Portfolio Construction – Evidence-based asset allocation, ongoing rebalancing, and access to private market opportunities.
Retirement Planning – Tax-efficient income strategies, Roth conversion analysis, Social Security optimization, and required-minimum-distribution (RMD) guidance.
Tax Planning – Year-round coordination with CPAs, proactive capital-gains mitigation, and charitable giving strategies to help reduce lifetime tax drag.
Exit & Succession Planning – Business valuation insight, ESOP feasibility, and liquidity-event roadmaps for owners preparing to sell or transition.
Employer Retirement Plans – 401(k) design, fiduciary 3(38) oversight, plan benchmarking, and participant education that strengthens your workforce’s financial wellness.
Why Southlake Families & Entrepreneurs Choose Us
Fiduciary Standard – Advice aligned solely with client goals; no commissions, ever.
Integrated Approach – Investments, taxes, estate, and risk management coordinated under one roof.
Boutique Service – High-touch guidance tailored to busy families and high-net-worth business owners.
Proven Track Record – Multi-generational relationships and consistent, transparent reporting.
Whether you need a retirement planner, tax advisor, wealth manager, or exit-planning partner, Mills Wealth Advisors provides innovative solutions that let you invest wisely and live confidently. Schedule your complimentary discovery call today to see how our team can help you build, protect, and transfer wealth—right here in the heart of DFW.
Liquidity is not just about having cash. It’s about having the right amount of cash in the right place at the right time.
Most business owners get this wrong. They either keep too much cash, which creates a drag on long-term returns, or too little, which forces them into bad decisions like selling investments at a loss or borrowing money when they shouldn’t.
A proper liquidity system starts by defining the role of each dollar. At a minimum, this means separating your cash into four distinct categories: operating cash, personal reserves, tax reserves, and opportunity capital.
Operating cash is what your business needs to function on a monthly basis. This should be based on actual operating needs, not guesswork. Personal reserves are designed to support your lifestyle, typically around three months of living expenses, depending on your situation. Tax reserves ensure you are setting aside the right amount throughout the year so you are not surprised when payments are due. Opportunity capital is what allows you to act quickly when the right investment shows up without disrupting everything else.
Without clearly defined liquidity buckets, most business owners are constantly guessing. That lack of clarity leads to inefficiency and, over time, lost wealth.
Most people treat taxes as a once-a-year event. They gather documents in March or April, send everything to their CPA, and accept the outcome.
That approach almost guarantees you will overpay over time.
Effective tax planning is a year-round process that requires coordination between your CPA, your advisor, and your attorney. Each of these professionals plays a role, but without alignment, strategies get missed or work against each other.
A strong tax planning system includes quarterly projections so you always know where you stand and can make adjustments throughout the year. It also ensures your tax reserves are accurate and aligned with your expected liabilities.
One of the biggest mistakes I see is an overreliance on tax-deferred accounts like traditional 401(k)s and IRAs. While they provide a short-term benefit, they often create long-term constraints. When too much of your wealth is tied up in tax-deferred accounts, you limit your flexibility and increase your future tax exposure.
A better approach is diversification across tax buckets, including pre-tax, Roth, and taxable accounts. This gives you control over when and how you recognize income, which is critical if your goal is to pay the least amount of taxes over your lifetime.
