Elliott Cove Capital Management LLC is a large advisory firm based in Seattle. It manages $189.75 million of regulatory assets for 1,010 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Alaska, Arizona, California, and 4 other states.
Elliott Cove Capital Management provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Elliott Cove Capital Management LLC is $189.75 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 584% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Elliott Cove Capital Management LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Elliott Cove Capital Management is pension and profit sharing plans with 35 clients and $81.51 million of assets under management. Among the 12 most similar advisory firms, Elliott Cove Capital Management has the 2nd highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $189.24 million for 859 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.
Elliott Cove Capital Management doesn't advise any private funds.
The company employs 16 people that are either part- or full-time employees. 94 percent of the employees work as investment advisers or researchers. 15 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone 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.
Ralph Dominick Chiocco joined the executive team most recently as the Manager President & Chief Compliance Officer.
The principal office where Elliott Cove Capital Management LLC performs its advisory services is located at 1000 Second Avenue, Seattle, WA 98104, which is also the mailing address of the firm. An additional office of the firm is in Anchorage, AK. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 206-267-2683 or by fax 206-267-1967. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at elliottcove.com and its LinkedIn profile.