Sharon Elaine Sykes

CFP

Ele Advisory Services, INC

30 Years of Experience

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Firm Information

Ele Advisory Services, INC

Compensation

Fee-Only (AUM)Fixed/Hourly

Number of Advisors

14 advisors

Number of Clients

1,156 clients

Average Client Portfolio

$109K average

Assets Under Management

$125.5M

Fee Structure

Minimum Investment:None

Financial Plan Fee:From $250

Hourly Rate:$150 - $250/hr

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.

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Areas of Practice

Investment ManagementFinancial Planning & CoachingRetirement PlanningBusiness OwnersHigh Net Worth

Advisor Information

Office location

18700 W. 10 Mile Road, Suite 100, Southfield, MI, 48075

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Regulatory History (1)

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Employment Separation After Allegations

September 2000

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Other Business ActivitiesSells Insurance

Sharon is an independent contractor selling fixed life insurance with various carriers since 2015, dedicating about 10-20% of her time. She also supports the growth of a financial services business and works as a registered investment advisor, taking nearly full-time and about half of her time, respectively.