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Prashant R. Sabapathi

ELITEOME ADVISORS
Ellicott City, MD 21043
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CRD#: 6122231
PS

Professional summary


Prashant Ramesh Sabapathi, who also goes by Prashant Sabapathi, is a registered financial advisor currently at ELITE INCOME ADVISORS, INC. located in Ellicott City, Maryland.

Prashant is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2012. Prashant has worked at 4 firms and has passed the Series 65, Series 63, SIE and Series 6 exams.

top-8-questions

Question & Answer


Are you a "fiduciary"?
Yes

Aliases


Prashant Sabapathi

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. RETIREMENT PLANNING SERVICES, INC; INSURANCE SALES & SERVICE; INVESTMENT-RELATED; 160+ PER MONTH SPENT ON THIS ACTIVITY/ALL DURING TRADING HOURS.

Blog Corner


CRS (Client Relationship Summary) - RIA


Click below to view Prashant Ramesh Sabapathi's CRS (Customer Relationship Summary).
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

March 20, 2017 - Present

ELITE INCOME ADVISORS, INC.

Office #1: 6011 University Boulevard Suite # 350, Ellicott City, MD 21043
RIA
CRD#: 285429
Ellicott City, MD
Past

July 10, 2015 - March 17, 2017

BROKER DEALER FINANCIAL SERVICES CORP.

BD
CRD#: 8073
MILLERSVILLE, MD
Past

July 1, 2015 - March 17, 2017

INVESTMENT ADVISORS CORP

RIA
CRD#: 117531
MILLERSVILLE, MD
Past

November 12, 2013 - November 13, 2014

MSI FINANCIAL SERVICES, INC.

RIA
CRD#: 14251
ELKRIDGE, MD
Past

October 22, 2012 - November 13, 2014

MSI FINANCIAL SERVICES, INC.

BD
CRD#: 14251
ELKRIDGE, MD

Primary Firm SEC Registration


This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
EI
ELITE INCOME ADVISORS, INC.
ELITE INCOME ADVISORS, INC.

CRD#: 285429 / SEC#: 801-132873

RIA
Registered Investment Advisory firm - (5/29/2025 Approved)
Delaware
Registered Investment Advisory firm - (6/10/2025 Terminated)
Florida
Registered Investment Advisory firm - (6/4/2025 Terminated)
Maryland
Registered Investment Advisory firm - (7/2/2025 Terminated)
North Carolina
Registered Investment Advisory firm - (6/13/2025 Terminated)
Pennsylvania
Registered Investment Advisory firm - (6/6/2025 Terminated)
South Carolina
Registered Investment Advisory firm - (6/4/2025 Terminated)
Texas
Registered Investment Advisory firm - (6/4/2025 Terminated)
Virginia
Registered Investment Advisory firm - (6/5/2025 Terminated)

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
Delaware
(7/24/2020)
IAR
Florida
(10/26/2020)
IAR
Maryland
(3/20/2017)
IAR
North Carolina
(11/25/2020)
IAR
Pennsylvania
(10/1/2021)
IAR
South Carolina
(12/18/2023)
IAR
Texas
(10/22/2020)
IAR
Virginia
(4/6/2022)

Exams


State Security Law Exam
IAR
Series 65
Date: 10/25/2013
Uniform Investment Adviser Law Examination
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam

Current Firm


EI
ELITE INCOME ADVISORS, INC.
ELITE INCOME ADVISORS, INC.

CRD#: 285429 / SEC#: 801-132873

RIA
Registered Investment Advisory firm - (5/29/2025 Approved)
Delaware
Registered Investment Advisory firm - (6/10/2025 Terminated)
Florida
Registered Investment Advisory firm - (6/4/2025 Terminated)
Maryland
Registered Investment Advisory firm - (7/2/2025 Terminated)
North Carolina
Registered Investment Advisory firm - (6/13/2025 Terminated)
Pennsylvania
Registered Investment Advisory firm - (6/6/2025 Terminated)
South Carolina
Registered Investment Advisory firm - (6/4/2025 Terminated)
Texas
Registered Investment Advisory firm - (6/4/2025 Terminated)
Virginia
Registered Investment Advisory firm - (6/5/2025 Terminated)
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Contact information


Main Address
6011 University Boulevard Suite # 350, Ellicott City, MD 21043
Mailing Address
Phone number
(443) 274-3002
Established
Firm type
Fiscal year end
# of Employees
9

SEC notice filing (8 States and Territories)


Blank US states mapAlaskaHawaiiAlabamaArkansasArizonaCaliforniaColoradoConnecticutDelawareFloridaGeorgiaIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWisconsinWest VirginiaWyoming

Documents


Customer Relationship Summary (CRS / SEC)Latest Form ADV

Part 2 Brochures

ADV PART 2A (4/28/2025)

Regulatory assets under management


Total Number of Accounts1,100
AUM (Assets Under Management)$ 150,103,195

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.

Company Information


ELITE INCOME ADVISORS, INC.

CRD#: 285429Ellicott City, MD 21043

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