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.

SEC-registered adviser

Elm Capital Management LLC

Independent wealth managerPittsburgh, PennsylvaniaCRD 294012SEC 801-135670websiteIAPD
Latest filing Feb 24, 2026
First filing on the tape Feb 24, 2026 · 1 filings
SEC status approved since Mar 27, 2026
RAUM
$133M
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
100%
$133M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$22.2M
derived; firm RAUM over IAPD count
Employees
6
6 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
1 filings and snapshots on the tape
RAUM: $133M
HNW client RAUM: $71.2M
State-registered IARs (5.B.3): 6
Employees (5.A): 6
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Feb 24, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • 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
RAUM per advisor
$22.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
94derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$236,502derivedRAUM over accounts (5.F.2.f)
Discretionary
0.0%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
3.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, otherreportedItem 5.E
Advisory activities
portfolio management for individuals, pension consultingreportedItem 5.G
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)
  • 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$71.2M53%
  • Individuals$62.2M47%
Individual clients
536reported
HNW clients
28reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
564reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 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
George Scott SweeneyPittsburgh, PaMar 23, 202040 y1
Ronald Scott JonesPittsburgh, PaMar 23, 202035 y1
Sanggi (David) JeonPittsburgh, PaJul 9, 202110 y1
Joseph Michael BeckPittsburgh, PaJul 9, 202124 y1
Kenneth Ells SummitPittsburgh, PaJul 9, 202111 y1
Mary Frances StanekPittsburgh, PaJan 24, 202214 y3
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
    Every departureEvery arrival
    Teams: two or more advisors moving together within fourteen days, from one state
      Teams outTeams in
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Scott Ronald Jones · Owner/Chairman/General Counselcontrol
        since 02/2018 · owns 75% or more
      • Sanggi (David) Jeon · Chief Compliance Officer And Executive Vice President Manager/Investment Adviser Representative
        since 02/2018 · owns less than 5%
      Related persons
      Schedule D 7.A
      No related person reported.
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Pittsburgh, Pa · principal600
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • low discretionary shareStatic outlier · filing Feb 24, 2026
        discretionary share of RAUM of 0% against a peer median of 100% (5676 comparable advisers, 0.0th percentile, 33.7 robust deviations)
        peers: independent wealth managers, $100M to $500M (5,676) · 0.0% percentile
      How anomalies are measured
      What changed
      consecutive filings, newest first
      One filing, no change to show.
      Signals
      1 dated events
      • 2 advisors left Elder Law Management, Elder Law Planning Services (Pittsburgh, PA) for Elm Capital Management LLC on the same day
        Mar 3, 2022 · Team lift-out · derived
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Website
      elderlawmanagement.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      412-456-4700reportedpublic record, Form ADV, Feb 24, 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
      $22.2Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026