Steven Kim Mitchell

Ele Advisory Services, INC

12 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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Customer Dispute

November 2018

Denied

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Other Business ActivitiesSells Insurance

Steven is a financial advisor/agent for Financial Wealth Solutions Inc. (marketing) and 1st Consumer Insurance Agency Inc. (insurance sales), dedicating a few hours per week and about 10-20% of his time respectively. He also works as a financial advisor for ELE Advisory Services, Inc., taking about half of his time.