Dewayne L. Ellis

THE WEALTH SYNDICATE LLC

Silver Spring, MD 20910

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CRD#: 4734943

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.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Dewayne Ellis

Other business activities

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;

Blog Corner

CRS (Client Relationship Summary) - RIA

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

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®

None

Experience

Current

May 18, 2016 - Present

THE WEALTH SYNDICATE LLC

Office #1: 8403 Colesville Road Suite 1100, Silver Spring, MD 20910

RIA

CRD#: 16361

GREENBELT, MD

Past

May 21, 2004 - October 5, 2005

UVEST FINANCIAL SERVICES GROUP, INC.

CRD#: 13787

CHARLOTTE, NC

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.

Highlighted states indicate IAR registrations

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

State Security Law Exam

IAR

Series 66

Date: 10/25/2005

Uniform Combined State Law Examination

General Industry/Product Exam

SIE

Date: 1/20/2016

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 10/13/2005

General Securities Representative Examination

General Industry/Product Exam

Series 6

Date: 3/29/2004

Investment Company Products/Variable Contracts Representative Examination

Current Firm

THE WEALTH SYNDICATE LLC

CRD#: 282889 / SEC#:

District of Columbia

Registered Investment Advisory firm - (5/18/2016 Approved)

Maryland

Registered Investment Advisory firm - (5/13/2016 Approved)

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Contact information

Main Address

8403 Colesville Road Suite 1100, Silver Spring, MD 20910

Mailing Address

Phone number

(202) 486-6689

Established

Firm type

Fiscal year end

# of Employees

Documents

Latest Form ADV

Regulatory assets under management

Total Number of Accounts	80
AUM (Assets Under Management)	$ 5,352,623

Red Flags

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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Firm Stability Insights

Dewayne L. Ellis

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

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

Certified licenses

Experience

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

CAPITAL ONE ADVISORS, LLC

CAPITAL ONE INVESTING, LLC

CAPITAL ONE FINANCIAL ADVISORS LLC

CAPITAL ONE INVESTMENT SERVICES LLC

EDWARD JONES

EDWARD JONES

TRUIST INVESTMENT SERVICES, INC.

TRUIST INVESTMENT SERVICES, INC.

BANC OF AMERICA INVESTMENT SERVICES, INC.

BANC OF AMERICA INVESTMENT SERVICES, INC.

UVEST FINANCIAL SERVICES GROUP, INC.

State Registrations and Notice Filings

Exams

Series 66

Date: 10/25/2005

SIE

Date: 1/20/2016

Series 7

Date: 10/13/2005

Series 6

Date: 3/29/2004

Current Firm

THE WEALTH SYNDICATE LLC

Contact information

Documents

Regulatory assets under management

Red Flags

Company Information

THE WEALTH SYNDICATE LLC

TRUST BUT VERIFY

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