Ellis Wealth Advisors, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Ellis Wealth Advisors, LLC is an SEC-registered investment adviser managing about $155 million for roughly 165 clients with a two-advisor team. The firm provides discretionary portfolio management and integrated financial planning (planning is included as part of advisory relationships and not offered separately) to entities such as trusts, charitable organizations, foundations, corporations, and to individuals and families listed as potential clients in the brochure.
EWA manages client portfolios internally and on a discretionary basis, employing a mix of quantitative, fundamental, technical, and economic analysis to inform asset allocation and security selection. The firm’s strategies include long- and short-term purchases, tactical asset allocation, and use of instruments such as ETFs, options, and structured products, with periodic reviews triggered by market events or client circumstance changes.
Notably, EWA does not use third‑party sub‑advisers or participate in wrap fee programs, and it reports a client mix that is concentrated in institutional and entity clients rather than reporting service to non‑high‑net‑worth or high‑net‑worth individual segments. Several of EWA’s associated persons are licensed insurance agents who, in their individual capacities, may offer commissionable insurance products—an arrangement the brochure discloses as a potential conflict of interest that clients are not required to accept.
Client services
Expertise
Fee options
$0 - $249,999: 1.50% $250,000 - $999,999: 1.25% $1,000,000 - $2,999,999: 0.95% $3,000,000 - $4,999,999: 0.85% $5,000,000 - $9,999,999: 0.75% $10,000,000+: 0.65%
Certain associated persons are licensed insurance agents and may earn commissions in their individual capacities unrelated to advisory fees
Account minimum: $100,000 Fee-only: Fee-based only; no commissions for advisory services
Main office
1157 Nance Rd
Madison AL 35757
Advisors at this office
2
Most active in
Alabama · Florida · Tennessee · Texas
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Is not active or affiliated with:
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
Michael E
Series 65
Madison, AL
Ellis Wealth Advisors, LLC
Michael Ellis II is a financial advisor with Ellis Wealth Advisors, LLC, holding a Series 65 designation and currently beginning his career in the industry. His prior work experience includes roles outside of finance, such as positions in the restaurant sector and at educational institutions. Ellis Wealth Advisors, LLC is an SEC-registered investment adviser managing approximately $155 million for around 165 clients. The firm serves trusts, charitable organizations, foundations, corporations, and individuals with discretionary portfolio management and integrated financial planning, employing a mix of quantitative, fundamental, technical, and economic analyses to guide investment decisions.
Michael E
Series 63, Series 66
Madison, AL
Ellis Wealth Advisors, LLC
Michael Ellis is a financial advisor with Ellis Wealth Advisors, LLC in Madison, AL, holding Series 63 and Series 66 licenses and bringing 25 years of industry experience. He previously worked with Purshe Kaplan Sterling Investments and Edward Jones among other firms. Outside of advising, he owns Ellis Land Company, LLC, a real estate business. Ellis Wealth Advisors, LLC is an SEC-registered investment adviser managing approximately $155 million for about 165 clients with a two-advisor team. The firm offers discretionary portfolio management and integrated financial planning to trusts, charitable organizations, foundations, corporations, and individuals, employing a mix of quantitative, fundamental, technical, and economic analysis without using third-party sub-advisers.
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