Firm Information

Compensation
Fee-Only (AUM)
Number of Advisors
2 advisors
Number of Clients
542 clients
Average Client Portfolio
$1.8M average
Assets Under Management
$996.1M

Fee Structure

Minimum Investment:None
Financial Planning:Investment management only

Elite Wealth Management charges a standard investment management fee of 1.00% of assets under management for direct clients. Fees are negotiable. They also provide model portfolios through third-party manager platforms with fees ranging from 0.20% to 0.60% annually, depending on the level of service and assets. Clients are responsible for custody/brokerage fees charged by Schwab or Interactive Brokers. Lattice Funds charge separate management and performance-based fees.

Areas of Practice
Investment ManagementHigh Net Worth
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Advisor Information

Office location

1750 112th Ave. NE, Suite D-154, Bellevue, WA, 98004

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Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
December 2011
Denied
Other Business Activities

Terry is the President/Owner of Edmonds Devoted Family Care LLC, dedicating minimal time. Terry is also a real estate agent, spending a few hours per week on this investment-related activity.

Employment History
Current Registrations
Elite Wealth Management, INC.
July 2025 - Present · 6 mos
Previous Registrations
Clarity Capital Partners
February 2021 - July 2025 · 4 yrs 5 mos
American Trust Investment Services, INC.Broker
December 2020 - May 2025 · 4 yrs 5 mos
Fidelity Personal and Workplace Advisors
March 2019 - December 2020 · 1 yr 9 mos
Fidelity Brokerage Services LLCBroker
February 2019 - December 2020 · 1 yr 10 mos
Unionbanc Investment Services, LLC
October 2013 - February 2019 · 5 yrs 4 mos
Unionbanc Investment Services, LLC Broker
October 2013 - February 2019 · 5 yrs 4 mos
U.S. Bancorp Investments, INC. Broker
May 2011 - October 2013 · 2 yrs 5 mos
U.S. Bancorp Investments, INC.
May 2011 - October 2013 · 2 yrs 5 mos
Chase Investment Services CORP.
May 2009 - May 2011 · 2 yrs
Chase Investment Services CORP.Broker
May 2009 - May 2011 · 2 yrs
Wamu Investments, INC.
October 2008 - May 2009 · 7 mos
Wamu Investments, INC.Broker
October 2008 - May 2009 · 7 mos
Edward Jones
April 2007 - October 2008 · 1 yr 6 mos
Edward Jones Broker
August 2006 - October 2008 · 2 yrs 2 mos
State Registrations1 state
WA
Advisor
Exams
No exam information available for this advisor.