Ellwood Derricks is a CFP-designated registered investment advisor at Partnership Wealth Management, based in Towson, MD, with 27 years of industry experience. Ellwood operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning, and 1 more. Their firm serves 139 clients with $230M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.50% |
| $1.0M - $2.0M | 1.25% |
| $2.0M - $3.0M | 1.00% |
| $3.0M - $5.0M | 0.80% |
| $5.0M - $10.0M | 0.60% |
| $10M+ | 0.50% |
Fees may be negotiable based on various factors including assets to be managed and client negotiations.
Fee Estimator
Location
606 E Joppa Road, Towson, MD, 21286
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Ellwood is the president of the board for Paws for a Cause, Inc, a non-profit supporting other animal non-profits, and the volunteer treasurer for FreeState, a non-profit providing education and legal work for the LGBT community. He also dedicates about half his time to Partnership Wealth Management, LLC and Financial Advocates Investment Management, and owns Little Fenway, LLC, a rental real estate company, dedicating a few hours per week.
Employment History
Current Registrations
Partnership Wealth Management
Previous Registrations
Financial Advocates Investment Management
LPL Financial LLCBroker
LPL Financial LLC
Wachovia Securities, LLC
Wachovia Securities, LLCBroker
Prudential Securities Incorporated
Prudential Securities IncorporatedBroker
Pruco Securities CorporationBroker
American Express Financial Advisors INC.Broker
Ids Life Insurance CompanyBroker
State Registrations6 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.