Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Investment supervisory fees are up to 3% annually, determined at engagement and negotiable. A one-time financial wellness fee of $500 is assessed to open an account, also negotiable. Financial planning fees are fixed at $250 or higher, depending on complexity. Hourly fees range from $150 to $250. Retirement planning seminars are free. Clients are responsible for third-party fees like custodian and transaction fees.
Areas of Practice
Advisor Information
Office location
18700 W. 10 Mile Road, Suite 100, Southfield, MI, 48075
Get directionsRegulatory History (5)
Employment Separation After Allegations
December 2010Customer Dispute
July 2010Customer Dispute
January 2009Employment Separation After Allegations
September 1989Employment Separation After Allegations
July 1989Other Business ActivitiesSells Insurance
Ellis has numerous business ventures, including ELE Wealth Management (where he is an independent insurance agent), ELE Properties, ELE Speaks, ELE Mortgage Services, ELE Advisory Services, and several other LLCs and corporations related to coaching, real estate, and a charitable foundation. Ellis dedicates about a quarter of his time to insurance activities and nearly full-time to advisory services.