The Ellerson Group Inc
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
The Ellerson Group provides investment supervisory services and comprehensive financial planning to individuals, high-net-worth clients, pension and profit-sharing plans, trusts, estates, charitable organizations, and small businesses. The firm operates on a fee-only basis and offers both ongoing advisory relationships and limited-scope hourly planning engagements.
The firm’s investment approach centers on strategic asset allocation using a core-and-satellite framework and global diversification, typically investing through no-load or low-load mutual funds and ETFs while also employing individual equities, bonds, options, margin, and short-selling where appropriate. The Ellerson Group accepts discretionary trading authority, conducts quarterly reviews and reports, and supplements investment statements with net worth summaries used for longer-term planning.
Distinctive features include a small advisor team managing nearly $300 million in client assets, the use of ByAllAccounts consolidated reporting to incorporate excluded assets into client reporting, and a strict policy of not accepting commissions or selling financial products. The firm does not vote client proxies (clients retain proxy voting responsibility), limits access to initial public offerings, and places trades under a limited power of attorney while assets remain held at independent custodians.
Client services
Expertise
Fee options
$0 - $500,000: 1.50% $500,001 - $1,000,000: 1.20% $1,000,001 - $2,000,000: 1.00% $2,000,001 - $3,000,000: 0.85% $3,000,001 - $4,000,000: 0.65% $4,000,001+: 0.50%
Hourly rate is $400 and is negotiable
Account minimum: $1,000,000 Minimum fee: Minimum annual fee is $7,500 and is negotiable Fee-only: Firm is strictly fee-only and does not accept commissions or any form of compensation other than fees
Main office
415 Fourth Street, Suite 101
Annapolis MD 21403
Advisors at this office
2
Most active in
Louisiana · Maryland · Virginia
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
-
Insurance agent
They sell insurance products and may earn commissions on those sales.
-
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
-
Bank
They're affiliated with a bank that may offer its own financial products and services.
-
Trust company
They provide trust and estate administration services, typically for separate fees.
-
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
-
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
-
Lawyer
They provide legal services, typically billed separately.
-
Real estate agent
They facilitate real estate transactions and may earn commissions.
-
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
David S
CFA®
Annapolis, MD
The Ellerson Group Inc
David Sheiman is a CFA® charterholder with four years of industry experience. He has been with The Ellerson Group Inc in Annapolis, MD since 2014. The Ellerson Group provides investment supervisory services and comprehensive financial planning to individuals, high-net-worth clients, pension and profit-sharing plans, trusts, estates, charitable organizations, and small businesses. The firm emphasizes strategic asset allocation with a core-and-satellite approach and global diversification, utilizing a variety of investment vehicles including mutual funds, ETFs, individual securities, and options.
James E
Series 63, Series 65
Annapolis, MD
The Ellerson Group Inc
James Ellerson is a financial advisor with The Ellerson Group Inc in Annapolis, MD, holding Series 63 and Series 65 licenses. He has 3 years of industry experience and has been affiliated with The Ellerson Group since 1995. He also serves as a trustee of family trusts. The Ellerson Group provides personalized, fee-only financial planning and investment management to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and small businesses. The firm manages a substantial asset base with a small advisory team, using a core-and-satellite investment approach focused on global diversification and typically employing no-load or low-cost mutual funds and ETFs.
Not sure where to start?
We'll help you think it through—whether you ultimately need an advisor or not. Warmer helps you compare advisors clearly, so you can choose with confidence.
For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Advisors are independent and may not have reviewed or updated this information. Please review an advisor’s Form ADV and do your own diligence before deciding whether to work with them.
Advisor matching and introductions are provided by FinanceHQ LLC (“FHQ”), a wholly-owned subsidiary of Warmer and an SEC-registered investment advisor. We receive compensation from certain participating advisors for introductions or referrals. This creates a conflict of interest because we have an incentive to recommend advisors who compensate us, including those who pay us more. You pay no fee to use our matching service, and advisor fees are not increased because of a referral or introduction. We do not review the ongoing performance of advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.
By using our service, you agree to our Terms of Service and Advisory Agreement, and acknowledge our Privacy Policy. Please review FHQ’s ADV Part 2A and Form CRS. Logos provided by Logo.dev
© 2026 Warmer Holdings Inc. (“Warmer”)