DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

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SEC-registered adviser

E••• M••••••••• C••••••• L••

Independent wealth managerNew York, New YorkCRD 137036SEC 801-64940websiteIAPD
Latest filing May 20, 2026
First filing on the tape Mar 28, 2012 · 34 filings
SEC status approved since Dec 8, 2005
RAUM
$261M
reported, Item 5.F
Discretionary
94%
of RAUM
Private clients
82%
$215M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$43.5M
derived; firm RAUM over IAPD count
Employees
7
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
34 filings and snapshots on the tape
RAUM$261M as of May 20, 2026
Mar 28, 2012$58.0M then
HNW client RAUM$202M as of May 20, 2026
Mar 28, 2018$151M then
State-registered IARs (5.B.3)6 as of May 20, 2026
Mar 26, 20130 then
Employees (5.A)7 as of May 20, 2026
Mar 26, 20136 then
Private funds1 as of May 20, 2026
Mar 28, 20122 then
RAUM +3.6% over the last fiscal year+12% a year over threeIARs 7 to 6
Practice profile
derived from the filing of May 20, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
RAUM per advisor
$43.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
24derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.4MderivedHNW RAUM over HNW clients
Average account
$707,843derivedRAUM over accounts (5.F.2.f)
Discretionary
94%derivedof RAUM
Institutional
2.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
6.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+3.6%derivedbetween the last two annual amendments
Advisor growth, one year
-14%derivedItem 5.B.3 between annual amendments
Client growth, one year
-25%derived
Compensation
percentage of assets, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for pooled vehiclesreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$109M, 50 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$202M77%
  • Pooled investment vehicles$30.5M12%
  • Individuals$13.0M5.0%
  • Corporations and businesses$8.7M3.3%
  • Charitable organizations$7.4M2.8%
Individual clients
60reported
HNW clients
84reported
Pension plan clients
0reported
Charitable clients
4reported
Accounts
369reported
Financial planning clients
0reported
Wrap fee programs
$0 sponsored, $194M managedreported
Custody of client assets
$109M for 50 clientsreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.82 fund_share=0.12 institutional_share=0.03 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
R••••• M••• G•••••New York, NyNov 24, 202010 y1
J•••• H••••• E•••••Chartered Financial AnalystNew York, NyNov 29, 202133 y0
P••• E•••••Chartered Financial AnalystNew York, NyDec 8, 202142 y0
P••• L•••••• D••••New York, NyFeb 4, 202230 y0
M•••••• F••••New York, NyJun 7, 202229 y0
M•••• S•••••New York, NyOct 9, 202324 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Private funds
    2 reported on Schedule D 7.B.(1)
    FundTypeGross assetsOwnersFirst reported
    E••• S••••• F•••• L•Hedge Fund$21.8M19Mar 28, 2012
    E••• F•••• L•no longer reportedHedge Fund$6.5M7Mar 28, 2012
    Owners and control persons
    Schedule A and B, latest filing
    • E•••••• J••••• H••••• · Member & Chief Compliance Officercontrol
      since 04/1995 · owns 25% to 50%
    • E•••••• L••••• · Membercontrol
      since 04/1995 · owns 25% to 50%
    • E•••••• P••• · Managing Membercontrol
      since 04/1995 · owns 25% to 50%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    New York, Ny · principal600
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • clients down average size upCombination · filing Mar 24, 2026
      private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $252,164,808 to $261,194,248, advisors 7 to 6, private clients 193 to 144, offices 0 to 0 (2025-04-16 to 2026-03-24)
      peers: independent wealth managers, $100M to $500M (5,676)
    What changed
    consecutive filings, newest first
    • Accounts · 377 to 369
      Sep 5, 2025 to Mar 24, 2026
    • Advisory employees · 6 to 5
      Sep 5, 2025 to Mar 24, 2026
    • Charity clients · 5 to 4
      Sep 5, 2025 to Mar 24, 2026
    • Corporate clients · 0 to 5
      Sep 5, 2025 to Mar 24, 2026
    • HNW clients · 108 to 84
      Sep 5, 2025 to Mar 24, 2026
    • Individual clients · 85 to 60
      Sep 5, 2025 to Mar 24, 2026
    • Assets in custody · $252M to $109M
      Sep 5, 2025 to Mar 24, 2026
    • Discretionary RAUM · $252M to $245M
      Sep 5, 2025 to Mar 24, 2026
    • HNW RAUM · $200M to $202M
      Sep 5, 2025 to Mar 24, 2026
    • Individual RAUM · $16.4M to $13.0M
      Sep 5, 2025 to Mar 24, 2026
    • Non-discretionary RAUM · $0 to $15.8M
      Sep 5, 2025 to Mar 24, 2026
    • Pooled vehicle RAUM · $29.0M to $30.5M
      Sep 5, 2025 to Mar 24, 2026
    • RAUM · $252M to $261M
      Sep 5, 2025 to Mar 24, 2026
    • Wrap assets (manager) · $185M to $194M
      Sep 5, 2025 to Mar 24, 2026
    • Advisory employees · 7 to 6
      Apr 16, 2025 to Sep 5, 2025
    • Corporate clients · unset to 0.0
      Apr 16, 2025 to Sep 5, 2025
    • Pension plan clients · unset to 0.0
      Apr 16, 2025 to Sep 5, 2025
    • Employees · 8 to 7
      Apr 16, 2025 to Sep 5, 2025
    • Financial planning clients · 0 to 0
      Apr 16, 2025 to Sep 5, 2025
    • State-registered IARs · 7 to 6
      Apr 16, 2025 to Sep 5, 2025
    • Pension RAUM · unset to 0.0
      Apr 16, 2025 to Sep 5, 2025
    • Accounts · 364 to 377
      Mar 26, 2024 to Apr 16, 2025
    • Advisory employees · 6 to 7
      Mar 26, 2024 to Apr 16, 2025
    • Charity clients · unset to 5.0
      Mar 26, 2024 to Apr 16, 2025
    • HNW clients · 66 to 108
      Mar 26, 2024 to Apr 16, 2025
    • Individual clients · 82 to 85
      Mar 26, 2024 to Apr 16, 2025
    • Assets in custody · $21.8M to $252M
      Mar 26, 2024 to Apr 16, 2025
    • Employees · 7 to 8
      Mar 26, 2024 to Apr 16, 2025
    • State-registered IARs · 6 to 7
      Mar 26, 2024 to Apr 16, 2025
    • Discretionary RAUM · $214M to $252M
      Mar 26, 2024 to Apr 16, 2025
    • HNW RAUM · $168M to $200M
      Mar 26, 2024 to Apr 16, 2025
    • Individual RAUM · $18.0M to $16.4M
      Mar 26, 2024 to Apr 16, 2025
    • Pooled vehicle RAUM · $21.8M to $29.0M
      Mar 26, 2024 to Apr 16, 2025
    • RAUM · $214M to $252M
      Mar 26, 2024 to Apr 16, 2025
    • Wrap assets (manager) · $160M to $185M
      Mar 26, 2024 to Apr 16, 2025
    • Accounts · 354 to 364
      Mar 30, 2023 to Mar 26, 2024
    • HNW clients · 59 to 66
      Mar 30, 2023 to Mar 26, 2024
    • Individual clients · 79 to 82
      Mar 30, 2023 to Mar 26, 2024
    • Assets in custody · $18.4M to $21.8M
      Mar 30, 2023 to Mar 26, 2024
    • Discretionary RAUM · $188M to $214M
      Mar 30, 2023 to Mar 26, 2024
    Signals
    No event on the tape.
    Across DFX
    shared identifiers only, never a name match
    How to reach
    public business contact points only, each with its source
    Business email
    info@elcomanagement.comreportedpublished by the firm, firm site, Sep 17, 2026
    Business phone
    212-333-9618reportedpublished by the firm, firm site, Sep 17, 2026
    Business phone
    212-603-7582reportedpublished by the firm, firm site, Sep 17, 2026
    Business phone
    212-603-7585reportedpublished by the firm, firm site, Sep 17, 2026
    Website
    H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    212-603-7582reportedpublic record, Form ADV, May 20, 2026
    Contact form
    elcomanagement.com/contact-usreportedpublished by the firm, firm site, Sep 17, 2026
    Provenance
    Form ADV
    SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
    Advisors
    IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
    Class
    Independent wealth managerderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $43.5Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026