SEC-registered independent wealth management RIA
Ellis Wealth Advisors, LLC
As of its Form ADV filed July 14, 2026, Ellis Wealth Advisors, LLC, an SEC-registered independent wealth management RIA in Madison, Alabama, reported no regulatory assets under management.
Registration
- Registration
- SEC-registered, 120-Day Approval
- CRD number
- 342527
- SEC file number
- 801-136593
- Registered since
- June 26, 2026
- Latest Form ADV filing
- July 14, 2026
- Organized as
- Limited Liability Company
- Fiscal year ends
- December
- Other offices
- 0
Key figures
- Regulatory assets under management
- $0
- Discretionary
- $0
- Non-discretionary
- $0
- Accounts
- 0 (0 discretionary)
- Clients
- 0, approximate as reported
- Employees
- 4
- Advisory staff
- 2 performing investment advisory functions
- Average account
- Not reported
- Asset growth, 1 year
- Not reported
- Asset growth, 3-year annual rate
- Not reported
- Asset growth, 5-year annual rate
- Not reported
- Client growth, 1 year
- Not reported
Independent wealth management RIA: individual and high net worth clients hold at least half of its regulatory assets, it offers financial planning or portfolio management for individuals, and it is not a broker-dealer, a bank or part of one by the directory's rules. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among independent wealth management RIAs.
| Ranking | Nationally | In Alabama | Value |
|---|---|---|---|
| Independent RIAs with the most advisory staff | #6,488 | #48 | 2 |
| Newest independent RIAs | #1,111 | #10 | $0 |
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 2, 2026 | $0 |
Clients and services
Client mix
No client types reported.
How the firm is paid
- A percentage of assets under management
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
- Portfolio management for businesses or institutional clients
Financial planning clients (Item 5.H): 0.
Wrap fee program sponsor or portfolio manager: no.
Other business, affiliations and custody
Other business activities (Item 6.A)
- Insurance broker or agent
Financial industry affiliations (Item 7.A)
None reported.
Custody (Item 9)
The firm reported no custody of client cash or securities.
Investment adviser representatives
- IARs registered with the firm
- 2
- Also registered through a broker-dealer
- 1
- Employees who are IARs (Form ADV 5.B(3))
- 2
0 of the firm's 2 IARs are registered in jurisdictions that require IAR CE. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 0 disclosure questions. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in Alabama
The five independent RIAs nearest in regulatory assets with a main office in the same state.
Elsewhere
- Ellis Wealth Advisors, LLC on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: ewamadison.com
- Independent RIAs in Alabama
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.