{
  "crd_number": 114968,
  "slug": "element-wealth-llc-ridgeland-ms-114968",
  "primary_business_name": "ELEMENT WEALTH, LLC",
  "legal_name": "ELEMENT WEALTH, LLC",
  "dbas": [],
  "city": "Ridgeland",
  "state": "MS",
  "country": "United States",
  "cbsa_code": "27140",
  "metro": {
    "cbsa_code": "27140",
    "common_name": "Jackson",
    "msa_name": "Jackson, MS",
    "path": "/advisors/ms/jackson"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2003-01-24",
  "years_registered": 23,
  "period": "2026-10-01",
  "filing_date": "2026-03-23",
  "carried_forward": false,
  "raum_total": 743663309.0,
  "raum_discretionary": 524069532.0,
  "raum_non_discretionary": 219593777.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 15,
  "advisory_employees": 9,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 11081100.0,
      "count": 3,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 184713775.0,
      "count": 530
    },
    "insurance_companies": {
      "raum": 4078756.0,
      "count": 1,
      "fewer_than_5": true
    },
    "pension_profit_sharing": {
      "raum": 187613378.0,
      "count": 76
    },
    "other_investment_advisers": {
      "raum": 5822182.0,
      "count": 8
    },
    "high_net_worth_individuals": {
      "raum": 347056219.0,
      "count": 122
    },
    "corporations_other_businesses": {
      "raum": 3297899.0,
      "count": 3,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "commissions",
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "pension_consulting",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 1,
  "states_registered": [
    "AL",
    "FL",
    "GA",
    "LA",
    "MS",
    "NC",
    "NJ",
    "TN",
    "TX"
  ],
  "websites": [
    "https://facebook.com/MyElementWealth",
    "https://linkedin.com/company/my-element-wealth",
    "https://myelementwealth.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/114968",
  "disclosure_items": [
    {
      "item": "11.C(5)",
      "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?"
    }
  ],
  "city_as_filed": "RIDGELAND",
  "url": "https://advisorcensus.com/firm/element-wealth-llc-ridgeland-ms-114968",
  "display_name": "Element Wealth, LLC",
  "summary": "Element Wealth, LLC is an SEC-registered investment advisory firm in Ridgeland, MS, registered since 2003, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 23, 2026.",
  "citation": "AdvisorCensus. Element Wealth, LLC (CRD 114968): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "Commissions"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Element Wealth, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Element Wealth, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); commissions."
    },
    {
      "q": "Where is Element Wealth, LLC located?",
      "a": "Element Wealth, LLC's principal office is in Ridgeland, MS, according to its Form ADV."
    },
    {
      "q": "Is Element Wealth, LLC registered with the SEC or a state?",
      "a": "Element Wealth, LLC is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 114968."
    },
    {
      "q": "How much does Element Wealth, LLC manage?",
      "a": "Element Wealth, LLC reports $743,663,309 in regulatory assets under management in its Form ADV filing dated March 23, 2026 (70% discretionary)."
    },
    {
      "q": "How have Element Wealth, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Element Wealth, LLC: Regulatory assets under management: $318,690,679 in the October 2021 data and $743,663,309 in the October 2026 data, up 133%. Total employees: 8 in October 2021 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Element Wealth, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (530); high net worth individuals (122); pension and profit sharing plans (but not the plan participants or government pension plans) (76)."
    },
    {
      "q": "Which custodians does Element Wealth, LLC use?",
      "a": "Element Wealth, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Fidelity Brokerage Services LLC and Raymond James & Associates, Inc. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Element Wealth, LLC report any disciplinary disclosures?",
      "a": "Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/114968"
    },
    {
      "q": "Does Element Wealth, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 23, 2026 says: \"In general, we require a minimum investment of $250,000 for individual accounts. At our discretion, we may waive this minimum account size.\""
    },
    {
      "q": "What changed in Element Wealth, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 7 to 9. Regulatory assets under management went from $641,942,995 to $743,663,309 (+16%). Registered or notice-filed in GA, NJ."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 318690679.0,
      "total_employees": 8,
      "filing_date": "2021-03-26"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 419060386.0,
      "total_employees": 11,
      "filing_date": "2022-03-23"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 449639034.0,
      "total_employees": 11,
      "filing_date": "2023-09-14"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 549792235.0,
      "total_employees": 11,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 641942995.0,
      "total_employees": 14,
      "filing_date": "2025-05-14"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 743663309.0,
      "total_employees": 15,
      "filing_date": "2026-03-23"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 7 to 9.",
        "Regulatory assets under management went from $641,942,995 to $743,663,309 (+16%).",
        "Registered or notice-filed in GA, NJ."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 23, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$250,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $250,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "In general, we require a minimum investment of $250,000 for individual accounts. At our discretion, we may waive this minimum account size."
        ]
      }
    ],
    "quotes": [
      "In general, we require a minimum investment of $250,000 for individual accounts. At our discretion, we may waive this minimum account size."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "affiliated": false
    },
    {
      "name": "Raymond James & Associates, Inc.",
      "name_as_filed": "RAYMOND JAMES & ASSOCIATES, INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/element-wealth-llc-ridgeland-ms-114968.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 530,
      "fewer_than_5": false,
      "raum": 184713775.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 122,
      "fewer_than_5": false,
      "raum": 347056219.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 76,
      "fewer_than_5": false,
      "raum": 187613378.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 3,
      "fewer_than_5": true,
      "raum": 11081100.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 8,
      "fewer_than_5": false,
      "raum": 5822182.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 1,
      "fewer_than_5": true,
      "raum": 4078756.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 3,
      "fewer_than_5": true,
      "raum": 3297899.0
    }
  ],
  "disclosure_line": "Reports 1 disclosure item on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/114968",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}