ELLS Financial Services is a registered investment advisor based in Anaheim, California, that has been operating since 2015. Instead of managing portfolios directly, the firm specializes in evaluating your financial situation and recommending third-party investment managers who match your goals and risk tolerance. ELLS Financial Services does not charge you a direct fee or manage your assets on a day-to-day basis. Instead, the third-party investment manager you choose pays ELLS Financial Services a referral fee, which is a percentage of the ongoing management fee you pay to that advisor. The firm serves individuals, high net worth individuals, and pension and profit-sharing plans.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.00% |
ELLS Financial Services does not charge management fees directly. Third-party managers typically charge up to 1.00% of the value of your portfolio, and ELLS Financial Services receives 34% of that fee.