David Ellis
David Ellis is a CFP-designated registered investment advisor at Vested Partners: a Multi-Family Office, based in Salem, VA, with 25 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 96 clients with $95M 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% |
| $1M+ | 1.00% |
These fees apply to the Full Service option. The annual fee may be negotiable. Accounts within the same household may be combined for a reduced fee. The Investment Services and Foundational Services options charge 1% annually. The Assets Held Away option charges 1.25% annually.
Fee Estimator
Location
300 E. 2nd Street, Salem, VA, 24153
Get directionsHistory
Regulatory History (1)
Criminal
October 1990Other Business ActivitiesSells Insurance
David owns Ellis Insurance Services LLC, where he works as an insurance agent, dedicating about 10-20% of his time. He is also a member of Wertland Enterprises, LLC, a real estate holding company, spending minimal time on this activity.
Employment History
Current Registrations
Vested Partners: a Multi-Family Office
Previous Registrations
Independent Financial Partners
LPL Financial LLCBroker
Suntrust Investment Services, INC.
Suntrust Investment Services, INC.Broker
Investors Security Company, INC.
Investors Security Company, INC.Broker
Aaron Wilbanks & Associates
Wilbanks Securities, INC.Broker
Pruco Securities CorporationBroker
State Registrations1 state
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.