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Dewayne Ladon Ellis

THE WEALTH SYNDICATE
SILVER SPRING, MD
·CRD# 4734943·22 years experience

Professional Summary

Dewayne Ladon Ellis, who also goes by Dewayne Ellis, is a registered financial advisor currently at THE WEALTH SYNDICATE LLC located in Silver Spring, Maryland. Dewayne is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2004. Dewayne has worked at 10 firms and has passed the Series 66, SIE, Series 7 and Series 6 exams.

At a Glance

Always Fiduciary

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Other Aliases

Dewayne Ellis

Blog Corner

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Videos & Posts

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Contact Information

This advisor has not claimed their profile yet, so there is no contact information to display at this time.

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Disclosures are events reported to regulators, such as customer disputes, regulatory actions, employment separations, or financial events. Some are resolved, denied, or contested — a disclosure is not a verdict. We recommend asking an advisor directly about any disclosure on their record.

Disclosures on record.

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities. Check for any disclosures as part of your thorough research when choosing an advisor.

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Years of Experience

22 years in the financial services industry

Current & Past Employments

THE WEALTH SYNDICATE LLC·CRD# 282889
RIA
8403 Colesville Road Suite 1100, Silver Spring, MD 20910
May 18, 2016 - Present
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED·CRD# 7691
RIA
Bethesda, MD
March 13, 2015 - January 20, 2016
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED·CRD# 7691
BD
Bethesda, MD
March 13, 2015 - January 20, 2016
CAPITAL ONE ADVISORS, LLC·CRD# 136865
RIA
Seattle, WA
January 28, 2015 - February 27, 2015
CAPITAL ONE INVESTING, LLC·CRD# 45744
BD
Frederick, MD
January 2, 2015 - February 27, 2015
CAPITAL ONE FINANCIAL ADVISORS LLC·CRD# 127236
RIA
Melville, NY
April 25, 2014 - January 28, 2015
CAPITAL ONE INVESTMENT SERVICES LLC·CRD# 25658
BD
Frederick, MD
April 25, 2014 - January 2, 2015
EDWARD JONES·CRD# 250
RIA
Bowie, MD
April 19, 2010 - April 14, 2014
EDWARD JONES·CRD# 250
BD
Bowie, MD
April 19, 2010 - April 14, 2014
TRUIST INVESTMENT SERVICES, INC.·CRD# 17499
RIA
Vienna, VA
July 25, 2008 - April 12, 2010
TRUIST INVESTMENT SERVICES, INC.·CRD# 17499
BD
Vienna, VA
July 25, 2008 - April 12, 2010
BANC OF AMERICA INVESTMENT SERVICES, INC.·CRD# 16361
RIA
Greenbelt, MD
October 26, 2005 - July 9, 2008
BANC OF AMERICA INVESTMENT SERVICES, INC.·CRD# 16361
BD
Greenbelt, MD
September 27, 2005 - July 9, 2008
UVEST FINANCIAL SERVICES GROUP, INC.·CRD# 13787
BD
Charlotte, NC
May 21, 2004 - October 5, 2005

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Current Firm

TW
THE WEALTH SYNDICATE LLC

THE WEALTH SYNDICATE LLC

CRD#: 282889
District of Columbia
Registered Investment Advisory firm - District of Columbia (5/18/2016 Approved)
Maryland
Registered Investment Advisory firm - Maryland (5/13/2016 Approved)

Contact Information

Main Address

8403 Colesville Road Suite 1100, Silver Spring, MD 20910

Phone Number

(202) 486-6689

# of Employees

1

Documents

Latest Form ADV

Regulatory Assets Under Management

Total Number of Accounts

80

AUM (Assets Under Management)

$6,542,766

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Other business activities

Information obtained from regulatory filings. Advisors can request corrections through their firm or regulator.

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

1. DeWayne LaDon Ellis is a Producing Agent with Mass Mutual Insurance where he offers different types of life, Disability, Long term care, Whole Life and Group insurance. He spends 2 hours of his time on these activities during trading hours and outside of trading hours. 20% of his yearly compensation comes from these activities. 2. DeWayne LaDon Ellis is a licensed insurance agent. From time to time, he will offer clients advice or products from those activities. Clients should be aware that these services pay a commission and involve a conflict of interest, as commissionable products conflict with the fiduciary duties of a registered investment adviser. The Wealth Syndicate LLC always acts in the best interest of the client; including the sale of commissionable products to advisory clients. Clients always have the right to decide whether or not to utilize the services of any representative of The Wealth Syndicate LLC in such individual's outside capacities. 3. General Agent ; Ameritas/ Ohio National / Crump Insurance; Investment Related: Yes; Location: 1100 New Jersey Ave SE #118 Washington DC 20003; Description of the business: Life Insurance, Disability, Long Term Care, Annuities and Group Insurance sales and Planning; Start date with business: 2021-02-05; Hours devoted to business during trading hours: 2; Hours devoted to business outside trading hours: 3; Percentage of total yearly compensation expected to be derived from the business: 35;

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State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.
IAR
District of Columbia
(5/18/2016)
IAR
Maryland
(5/18/2016)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.

Exams

Financial professionals may take different exams throughout their careers based on the types of services they provide and roles they perform.

Series 66 — Uniform Combined State Law Examination

Passed Oct 2005About the Series 66 exam

SIE — Securities Industry Essentials Examination

Passed Jan 2016About the SIE exam

Series 7 — General Securities Representative Examination

Passed Oct 2005About the Series 7 exam

Series 6 — Investment Company Products/Variable Contracts Representative Examination

Passed Mar 2004About the Series 6 exam

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CRS (Client Relationship Summary) - RIA

Click below to view Dewayne Ladon Ellis's CRS (Customer Relationship Summary).

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