The Ellerson Group Inc (Annapolis)

Name: The Ellerson Group Inc
Address: 415 Fourth Street, Annapolis, MD, 21403
Telephone: 410-280-3103

The Ellerson Group Inc is a large advisory firm based in Annapolis. It manages $136.95 million of regulatory assets for 84 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Maryland and Virginia.

The Ellerson Group provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

The Ellerson Group: assets under management

The assets under management (AUM) of The Ellerson Group Inc is $136.95 million. The firm's AUM has grown by 119% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $136.19 million in discretionary accounts and $768.44 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.68 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $256.15 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 41% of the total AUM. The second-largest asset type is investment and business development companies, which make up 40% of the firm’s portfolio. Investments in cash and cash equivalents form 18% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Ellerson Group Inc for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients James Patteson Ellerson serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of James Patteson Ellerson is high net worth individuals with 39 clients and $113.49 million of assets under management. Among the 8 most similar advisory firms, The Ellerson Group has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $136.95 million for 84 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

The Ellerson Group doesn't advise any private funds.

Careers at The Ellerson Group Inc

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Patteson Ellerson	President	1 Dec 1994	75% - 100%	1105629
James Patteson Ellerson	Chief compliance officer	1 Aug 2004	75% - 100%	1105629

Based in Annapolis

The principal office where The Ellerson Group Inc performs its advisory services is located at 415 Fourth Street, Annapolis, MD 21403, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 410-280-3103 or by fax 410-280-9024. The normal business hours are 8:30am to 5pm on Monday - Friday. You can find more information about the New York firm at ellersongroup.com.