The effects of the block copolymer composition and the solvent selectivity on the micellar morphologies of poly(styrene-b-4-vinylpyridine)s (PS-b-P4VPs) and their functionalizations with gold were studied in 10 mg/mL solutions using small-angle X-ray scattering and transmission electron microscopy (TEM). The solvent selectivity for the PS block was controlled by toluene/tetrahydrofuran (THF) Mixtures in which toluene and THF are selective for PS and nonselective, respectively. The micellar structure was strongly dependent on phi (wt % toluene in toluene/THF mixture) and the composition of the block copolymers. PS(12K)-b-P4VP(1.8K) (symmetric) showed spherical micelles in the entire range of phi except phi = 0 (THF, nonselective solvent). PS(3.3K)-b-P4VP(18.7K) (asymmetric, longer P4VP) showed Multiple morphologies with transitions front spheres to cylinders and finally to vesicles with all increase in PS(19.6K)-b-P4VP(5.1 K) (asymmetric, longer PS) showed spherical micelles only at the narrow ranges of 90 wt % <= phi <= 100 wt % and all isotropic state at the other ranges. The micelle formed a complex with HAuCl4 and were reduced with hydrazine in the solvent mixtures. The morphologies of micelles, hybrid micelles, and gold nanoparticles were investigated by using TEM and UV/vis spectroscopy. The possible mechanism, leading to these morphological changes and the formation of the nanosized gold particles were also discussed.