Firm profile

ELITE INCOME ADVISORS, INC.

ELLICOTT CITY, MDCRD 285429Latest ADV March 27, 2026

Elite Income Advisors, Inc. is an SEC registered investment adviser organized as a corporation with a primary office location in Ellicott City, MD. Its latest Form ADV filing, dated March 27, 2026, reports $213M in regulatory assets under management, 7 employees, 1 office, and 657 accounts.

Assets Under Management
$213M
Employees
7
Offices
1 office
Total Clients
662
Primary office
ELLICOTT CITY, MD
6011 UNIVERSITY BOULEVARD, SUITE # 350, ELLICOTT CITY, MD, United States
ADV Item 1F location record

Contact and digital presence

ADV profile links

Leadership

1 roles identified
CCOPrashant R. Sabapathi

Advisory services offered

5 types reported
Educational seminars/workshops
Financial Planning Services
Pension consulting services

Fee models offered

3 types reported
Fixed fees
Hourly charges
Other fee arrangements
Sources checked May 16, 2026

Client Coverage Demographics

Top client segmentIndividuals represent 70.5% of total clients.
Top client categories% of clientsClients
1
Individuals
70.5%
467
2
HNWI
28.7%
190
3
Pension Plans
0.6%
4
4
Charitable
0.2%
1
Categories with <5 clients
Charitable Organizations<5 clients
Pension and profit sharing plans<5 clients

Regulatory Assets Under Management Breakdown

Total regulatory assets under management$213Mas of March 27, 2026
Discretionary100.0%
$213M
100% of total RAUM100.0%
Non-discretionary0.0%
$0
0% of total RAUM0.0%
All regulatory assets under management are discretionary.

Assets under management Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total AUM$213M
Total Accounts657
10Y AUM Change+$63M (+42.2%)

Employee Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total Employees7
Clients per Employee95:1
10Y Employee Change-2 (-22.2%)

* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.