ELITE WEALTH MANAGEMENT, INC.

RIASEC RegisteredEst. 2004

Total AUM

$861M

Discretionary

$861M

100% of AUM

Avg account

$570K

Accounts

1,510

Employees

Advisory reps

Firm details

Headquarters: KIRKLAND, Washington
CRD number: 132122
Registered since: July 2, 2004
Website: elitewm.com
Custodians: INTERACTIVE BROKERS LLC, CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM
Client types: HNWI89.42%
Individuals10.49%
Other Investment Advisers0.09%
Services: Portfolio Management for IndividualsSelection of Other Advisers

Firm profile

FINTRX

Overview

Elite Wealth Management, Inc. is an independent, SEC-registered RIA that has operated since 2004. The firm is owned by an individual and positions itself as a capital allocator serving both individual/family and institutional clients. Its advisory model centers on discretionary portfolio management for individuals and small businesses and on selecting third-party managers when appropriate. Fees are charged as a percentage of AUM. Elite is not documented as an active ESG investor and is not registered as a multi-state adviser. Elite also lists affiliations consistent with manager or sponsor roles — it acts as an adviser and as a sponsor/GP or managing member for pooled investment vehicles, indicating the firm can both allocate to external managers and originate or run pooled funds in some situations.