# 10ELMS LLP

> 10ELMS LLP is an SEC-registered investment advisory firm in Tulsa, OK, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 323398
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Tulsa, OK
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/323398
- AdvisorCensus page: https://advisorcensus.com/firm/10elms-llp-tulsa-ok-323398

## Quick answers

**How is 10ELMS LLP compensated?**
On its Form ADV (Item 5.E, October 2026), 10ELMS LLP reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**Where is 10ELMS LLP located?**
10ELMS LLP's principal office is in Tulsa, OK, according to its Form ADV.

**Is 10ELMS LLP registered with the SEC or a state?**
10ELMS LLP is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 323398.

**How much does 10ELMS LLP manage?**
10ELMS LLP reports $120,572,068 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have 10ELMS LLP's assets and staff changed since 2024?**
In the Form ADV data for 10ELMS LLP: Regulatory assets under management: $103,425,571 in the October 2024 data and $120,572,068 in the October 2026 data, up 17%. Total employees: 4 in October 2024 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does 10ELMS LLP serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (19); individuals (other than high net worth individuals) (18).

**Which custodians does 10ELMS LLP use?**
10ELMS LLP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does 10ELMS LLP report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/323398

**Does 10ELMS LLP state an account minimum?**
Its Form ADV Part 2A brochure dated March 31, 2026 says: "The minimum account size requirement is $250,000 to open or maintain an account under our management. We may reduce or waive the minimum account size requirement on a case-by-case basis."

**What changed in 10ELMS LLP's recent Form ADV filings?**
In the April 2026 filing data: Registered or notice-filed in KS, MI.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Account minimum: $250,000 (the brochure says it may be waived or negotiated)

> The minimum account size requirement is $250,000 to open or maintain an account under our management. We may reduce or waive the minimum account size requirement on a case-by-case basis.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Brokerage Services LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $120,572,068
- Discretionary: $120,572,068
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 18 | $12,048,408 |
| High net worth individuals | 19 | $89,870,689 |
| Charitable organizations | Fewer than 5 | $7,311,359 |
| Corporations or other businesses not listed above | Fewer than 5 | $11,341,612 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2024 (2 years)
- Employees: 5 total, 3 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: KS, MI, OK, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- 10elms.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $103,425,571 | 4 | August 21, 2024 |
| October 2025 | $109,454,038 | 4 | March 28, 2025 |
| October 2026 | $120,572,068 | 5 | March 31, 2026 |

Regulatory assets under management: $103,425,571 in the October 2024 data and $120,572,068 in the October 2026 data, up 17%.
Total employees: 4 in October 2024 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Registered or notice-filed in KS, MI.

### January 2026
- No longer registered or notice-filed in LA.

### December 2025
- Employees performing advisory functions went from 2 to 3.
- Regulatory assets under management went from $109,454,038 to $120,895,727 (+10%).

### November 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. 10ELMS LLP (CRD 323398): Form ADV filing data as of October 2026.