Ellis Investment Partners, LLC (Berwyn)


Ellis Investment Partners, LLC is a large advisory firm based in Berwyn. It manages $470.93 million of regulatory assets for 1,277 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California, Delaware, Florida, and 8 other states.

Ellis Investment Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ellis Investment Partners: assets under management

The assets under management (AUM) of Ellis Investment Partners, LLC is $470.93 million. The firm's AUM has grown by 187% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $439.4 million in discretionary accounts and $31.53 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $347.9 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.25 million.
Ellis Investment Partners has custody of $470.93 million in cash and securities for 563 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 72% of the total AUM. The second-largest asset type is exchange traded securities, which make up 17% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ellis Investment Partners, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients David Yu Wen Sun serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of David Yu Wen Sun is high net worth individuals with 167 clients and $266.17 million of assets under management. Among the 12 most similar advisory firms, Ellis Investment Partners has the 6th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $470.93 million for 563 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.

Ellis Investment Partners doesn't advise any private funds.

Careers at Ellis Investment Partners, LLC

The company employs 22 people that are either part- or full-time employees. 77 percent of the employees work as investment advisers or researchers. 17 employees are registered as investment adviser representatives with the state securities authorities.

There are 4 people 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.

David Yu Wen Sun has been acting as President since 1 Jan 2009. Michelle Siano joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
David Yu Wen Sun President 1 Jan 2009 75% - 100% 1849131
Nancy Ellen Stewart Chief compliance officer 1 Mar 2013 Other 2366661
Ross Brian Muldoon Director of portfolio management operations 1 Feb 2015 Other 5243220
Leslie Refice Tritschler Director of operations and client services 1 Jan 2018 Other 2127129
Kelly Lyn Carreno Assistant office manager 1 Jan 2018 Other 6923723
Michelle Siano Chief compliance officer 1 Jul 2018 Other 4085204

Based in Berwyn

The principal office where Ellis Investment Partners, LLC performs its advisory services is located at 920 Cassatt Road, Berwyn, PA 19312, which is also the mailing address of the firm. An additional office of the firm is in Lancaster, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 484-320-6300 or by fax 484-320-6350. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at ellisinvestmentpartners.com.