Ellis Wealth Advisors is a registered investment advisor based in Madison, Alabama, offering discretionary portfolio management and financial planning services. Founded in 2015, the firm provides personalized investment strategies using fundamental, technical, cyclical, and economic analysis. Services are tailored to each client's specific financial situation, goals, and risk tolerances. Ellis Wealth Advisors manages portfolios internally without utilizing third-party managers or sub-advisers, and integrates financial planning—such as retirement planning, cash flow analysis, and estate guidance—directly into its investment management service at no additional cost. Client assets are held by a qualified custodian, currently Charles Schwab & Co., while Ellis Wealth Advisors maintains discretionary trading authority. Certain associated persons are also licensed insurance agents and may offer insurance products separately for a commission, creating a conflict of interest.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.50% |
| $250K - $1.0M | 1.25% |
| $1.0M - $3.0M | 0.95% |
| $3.0M - $5.0M | 0.85% |
| $5.0M - $10.0M | 0.75% |
| $10M+ | 0.65% |
Fees are negotiable based on account size and complexity.