Good Steward Wealth Advisers provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers. Financial planning was provided to 251–500 clients last fiscal year.
Good Steward Wealth Advisers reports 331 clients. They include 288 individual clients, 42 high-net-worth individuals and 1 corporate or other business client. Of its assets, 87.2% ($158M across 832 accounts) are managed with discretion; $23.1M across 59 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 87% | 48% |
| High-net-worth individuals | 13% | 52% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 288 | $86.2M | 47.7% | $299K |
| High-net-worth individuals | 42 | $94.3M | 52.2% | $2.24M |
| Corporations and other businesses | Fewer than 5 | $229K | 0.1% | $229K |
| Total | 331 | $181M | 100% | — |
- Clients
- 288
- Regulatory AUM
- $86.2M
- AUM share
- 47.7%
- Avg. per client
- $299K
- Clients
- 42
- Regulatory AUM
- $94.3M
- AUM share
- 52.2%
- Avg. per client
- $2.24M
- Clients
- Fewer than 5
- Regulatory AUM
- $229K
- AUM share
- 0.1%
- Avg. per client
- $229K
Total
- Clients
- 331
- Regulatory AUM
- $181M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Good Steward Wealth Advisers is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Initial Financial Planning
- One-time initial financial planning is charged by program: Summit $25,000 or more, Complete $5,000 to $15,000, Enhanced $2,000 to $4,000, Classic $500 to $1,000.
- Ongoing Financial Planning
- Ongoing financial planning is a flat monthly amount by program: Summit $2,083 or more, Enhanced $399 to $834, Classic $167 to $299; additional planning is charged hourly up to $619.
Kathy Ellis owns 50% to 75% of Good Steward Wealth Advisers. Kathy Ellis is CEO; the leadership team includes President Eric Ellis and Chief Compliance Officer Sonia Goforth. It has 7 employees, 3 of them in advisory roles.
Staff
- 7 employees
- 3 in advisory functions
- 5 state-registered reps
- Owns 50% to 75% of Good Steward Wealth Advisers LLC
Kathy Ellis
Control person · since October 2024
- Owns 50% to 75% of Good Steward Wealth Advisers LLC
Eric Ellis
Control person · since October 2024
Good Steward Wealth Advisers’ regulatory assets grew from $141M (March 2025) to $181M (March 2026); clients fell from 774 to 331 and employees were 7 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $181M | 331 | 7 | 1 |
| Mar 2025March 2025 | $141M | 774 | 7 | 1 |
Besides its headquarters, Good Steward Wealth Advisers has 0 offices, with 1 listed address in 1 state.
Tennessee · 1 listed address
- 2681 Townsend CT., ClarksvilleHQ
Contact and registration details
- Legal name
- Good Steward Wealth Advisers LLC
- Headquarters
- 2681 Townsend CT., Clarksville, TN 37043
- Website
- ellisfinancialplanning.com
- Phone
- 931-905-0050
- SEC file
- 801-131209
- Structure
- Tennessee LLC
- Fiscal year end
- December
Good Steward Wealth Advisers’ named custodian for separately managed accounts is Charles Schwab ($181M). Good Steward Wealth Advisers has custody of $110M for 439 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $181M100%
At year end, Good Steward Wealth Advisers’ separately managed accounts were mostly in funds (73%) and stocks (19%). Its reported 13F holdings for the quarter ended 30 June 2026 total $166M across 71 positions; the largest are Vanguard Index Fds (9.1%), Pgim ETF TR (8.5%) and Scm Trust (7.0%).
What the accounts hold
- Stocks19%
- Funds73%
- Cash2%
- Other6%
- External bond sma managers6%
How many clients does Good Steward Wealth Advisers have?
Good Steward Wealth Advisers has 331 clients and manages $181 million for them, as of March 2026. They include 288 individual clients, 42 high-net-worth individuals and 1 corporate or other business client.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026
What services does Good Steward Wealth Advisers offer?
Good Steward Wealth Advisers provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Good Steward Wealth Advisers use?
Good Steward Wealth Advisers’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $181M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 March 2026
How many financial advisors does Good Steward Wealth Advisers have?
Good Steward Wealth Advisers has 5 investment adviser representatives registered with state securities authorities, out of 7 employees, and 3 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Good Steward Wealth Advisers invest in?
At the end of its last fiscal year, Good Steward Wealth Advisers’ separately managed accounts held 73% registered funds (mutual funds, ETFs, BDCs), 19% exchange-traded equities, 6% other and 2% cash and equivalents. The 6% other category is described as: External Bond Sma Managers.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Good Steward Wealth Advisers?
Good Steward Wealth Advisers’ direct owners are Kathy Ellis (50% to 75%) and Eric Ellis (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 25 March 2026
How does Good Steward Wealth Advisers get paid?
Good Steward Wealth Advisers is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Good Steward Wealth Advisers?
Good Steward Wealth Advisers’ main office is at 2681 Townsend CT., Clarksville, TN 37043. Its phone number is 931-905-0050. Its website is ellisfinancialplanning.com.
