Elevage Partners, LLC is a large advisory firm based in San Diego. It manages $231.69 million of regulatory assets for 1,794 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Arizona, California, Connecticut, and 16 other states.
Elevage Partners provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for pooled investment vehicles. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Elevage Partners, LLC is $231.69 million. The firm's AUM has grown by 3% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Elevage Partners, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Elevage Partners is individuals with 293 clients and $122.94 million of assets under management. Among the 12 most similar advisory firms, Elevage Partners has the 3rd highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $231.69 million for 366 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Elevage Partners also advises several private funds. Namely, one private equity fund.
The company employs 11 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Elevage Partners, LLC performs its advisory services is located at 8880 Rio San Diego Drive, San Diego, CA 92108 The mailing address of the firm is 3379 Solano Ave, Napa, CA 94558. An additional office of the firm is in Longmeadow, MA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (800) 725-1622 or by fax (888) 720-6964. The normal business hours are 9am -5pm on Other. You can find more information about the New York firm at elevagepartners.com and its LinkedIn profile.