# Elite Income Advisors, Inc.

> Elite Income Advisors, Inc. is an SEC-registered investment advisory firm in Ellicott City, MD, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 285429
- Filed as: ELITE INCOME ADVISORS, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Ellicott City, MD
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/285429
- AdvisorCensus page: https://advisorcensus.com/firm/elite-income-advisors-inc-ellicott-city-md-285429

## Quick answers

**How is Elite Income Advisors, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Elite Income Advisors, Inc. reports these compensation arrangements: hourly charges; fixed fees (other than subscription fees); other.

**How much does Elite Income Advisors, Inc. charge?**
Its Form ADV Part 2A brochure dated March 27, 2026 states: Flat fee: up to $10,000 (broad-based planning services); Hourly rate: up to $500 an hour (specific services (such as a modular plan or hourly services)). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Elite Income Advisors, Inc. located?**
Elite Income Advisors, Inc.'s principal office is in Ellicott City, MD, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Elite Income Advisors, Inc. registered with the SEC or a state?**
Elite Income Advisors, Inc. is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 285429.

**How much does Elite Income Advisors, Inc. manage?**
Elite Income Advisors, Inc. reports $213,383,359 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have Elite Income Advisors, Inc.'s assets and staff changed since 2025?**
In the Form ADV data for Elite Income Advisors, Inc.: Regulatory assets under management: $150,103,195 in the October 2025 data and $213,383,359 in the October 2026 data, up 42%. Total employees: 9 in October 2025 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Elite Income Advisors, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (467); high net worth individuals (190); pension and profit sharing plans (but not the plan participants or government pension plans) (4).

**Which custodians does Elite Income Advisors, Inc. use?**
Elite Income Advisors, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Elite Income Advisors, Inc. report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/285429

**What changed in Elite Income Advisors, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 8 to 6. Regulatory assets under management went from $150,103,195 to $213,383,359 (+42%). Changed its office addresses in Annapolis, MD.

## From the Form ADV filing

### Compensation (Item 5.E)
- Hourly charges
- Fixed fees (other than subscription fees)
- Other

### Fees and minimums (Form ADV Part 2A brochure dated March 27, 2026)

- Flat fee: up to $10,000 (broad-based planning services)

> Fixed Fees: We charge a fixed fee of up to $10,000.00, for broad-based planning services.

- Hourly rate: up to $500 an hour (specific services (such as a modular plan or hourly services))

> Hourly Fees: EIA charges an hourly fee of up to $500 for clients who request specific services (such as a modular plan or hourly services)

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $213,383,359
- Discretionary: $213,383,359
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 467 | $85,610,771 |
| High net worth individuals | 190 | $127,748,678 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 4 | $0 |
| Charitable organizations | 1 | $23,910 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops

### Firm details
- Registered since: 2025 (1 year)
- Employees: 7 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: DE, FL, MD, NC, PA, SC, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Annapolis, MD

### Websites listed on Form ADV (Item 1.I)
- [eliteincomeadvisors.com](https://eliteincomeadvisors.com)
- Facebook @eliteincomeadvisors
- Instagram @eliteincomeadvisors
- LinkedIn @elite-income-advisors
- YouTube @UCtWoWch40TyRJfXBJ2FuhjQ

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $150,103,195 | 9 | April 28, 2025 |
| October 2026 | $213,383,359 | 7 | March 27, 2026 |

Regulatory assets under management: $150,103,195 in the October 2025 data and $213,383,359 in the October 2026 data, up 42%.
Total employees: 9 in October 2025 and 7 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 8 to 6.
- Regulatory assets under management went from $150,103,195 to $213,383,359 (+42%).
- Changed its office addresses in Annapolis, MD.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Elite Income Advisors, Inc. (CRD 285429): Form ADV filing data as of October 2026.