Derek S. Elleman

RIDGE INVESTMENT ADVISORS

NOVI, MI 48375

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CRD#: 7189873

Professional summary

Derek Stokes Elleman is a registered financial advisor currently at RIDGE INVESTMENT ADVISORS located in Novi, Michigan.

Derek is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2023. Derek has worked at 2 firms and has passed the Series 65 exam.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

None

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.

Start: 02/2023- ELLEMAN INVESTMENT MANAGEMENT, LLC. MANAGING MEMBER. DBA NAME FOR ADVISORY SERVICES OFFERED THROUGH REDHAWK WEALTH ADVISORS, INC. ENTITY USED FOR BOOKEEPING PURPOSES. 30 HOURS/MONTH.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Derek Stokes Elleman'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

October 16, 2019 - Present

RIDGE INVESTMENT ADVISORS

Office #1: 39555 Orchard Hill Pl Suite 600, Novi, MI 48375

RIA

CRD#: 111997

NOVI, MI

Past

March 10, 2023 - July 1, 2024

REDHAWK WEALTH ADVISORS, INC.

RIA

CRD#: 146616

NEW HUDSON, MI

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

Illinois
(10/16/2019)

IAR

Michigan
(3/20/2024)

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 65

Date: 7/13/2019

Uniform Investment Adviser Law Examination

Current Firm

RIDGE INVESTMENT ADVISORS

RIDGE INVESTMENT ADVISORS | RIDGE INVESTMENT ADVISORS INC

CRD#: 111997 / SEC#: 801-46239

RIA

Registered Investment Advisory firm - (6/28/2002 Terminated)

Illinois

Registered Investment Advisory firm - (3/24/1994 Approved)

Michigan

Registered Investment Advisory firm - (3/15/2024 Approved)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

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Contact information

Main Address

39555 Orchard Hill Pl Suite 600, Novi, MI 48375

Mailing Address

Phone number

(312) 944-3400

Established

Firm type

Fiscal year end

# of Employees

Documents

Latest Form ADV

Regulatory assets under management

Total Number of Accounts	42
AUM (Assets Under Management)	$ 30,587,329

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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Derek S. Elleman

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Derek Stokes Elleman's CRS (Customer Relationship Summary).

Certified licenses

Experience

RIDGE INVESTMENT ADVISORS

REDHAWK WEALTH ADVISORS, INC.

State Registrations and Notice Filings

Exams

Series 65

Date: 7/13/2019

Current Firm

RIDGE INVESTMENT ADVISORS

Contact information

Documents

Regulatory assets under management

Red Flags

Company Information

RIDGE INVESTMENT ADVISORS

TRUST BUT VERIFY

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