{
  "crd_number": 283897,
  "slug": "elemental-capital-partners-llc-283897",
  "primary_business_name": "ELEMENTAL CAPITAL PARTNERS LLC",
  "legal_name": "ELEMENTAL CAPITAL PARTNERS LLC",
  "dbas": [],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-02-19",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-03-02",
  "carried_forward": false,
  "raum_total": 193088005.0,
  "raum_discretionary": 193088005.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 1,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 6046597.0,
      "count": 15
    },
    "high_net_worth_individuals": {
      "raum": 187041408.0,
      "count": 48
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "TX"
  ],
  "websites": [
    "https://linkedin.com/IN/BRIANWU415"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/283897",
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/elemental-capital-partners-llc-283897",
  "display_name": "Elemental Capital Partners LLC",
  "summary": "Elemental Capital Partners LLC is an SEC-registered investment advisory firm, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 2, 2026.",
  "citation": "AdvisorCensus. Elemental Capital Partners LLC (CRD 283897): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Elemental Capital Partners LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Elemental Capital Partners LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Elemental Capital Partners LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated February 27, 2026 states: Asset-based fee: up to 3% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Is Elemental Capital Partners LLC registered with the SEC or a state?",
      "a": "Elemental Capital Partners LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 283897."
    },
    {
      "q": "How much does Elemental Capital Partners LLC manage?",
      "a": "Elemental Capital Partners LLC reports $193,088,005 in regulatory assets under management in its Form ADV filing dated March 2, 2026 (100% discretionary)."
    },
    {
      "q": "How have Elemental Capital Partners LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Elemental Capital Partners LLC: Regulatory assets under management: $130,225,000 in the October 2021 data and $193,088,005 in the October 2026 data, up 48%. Total employees: 1 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Elemental Capital Partners LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (48); individuals (other than high net worth individuals) (15)."
    },
    {
      "q": "Which custodians does Elemental Capital Partners LLC use?",
      "a": "Elemental Capital Partners LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Elemental Capital Partners LLC report any disciplinary disclosures?",
      "a": "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/283897"
    },
    {
      "q": "Does Elemental Capital Partners LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated February 27, 2026 says: \"Elemental requires that new clients have a minimum account size of $250,000 for investment management services.\""
    },
    {
      "q": "What changed in Elemental Capital Partners LLC's recent Form ADV filings?",
      "a": "In the March 2026 filing data: Regulatory assets under management went from $117,221,744 to $193,088,005 (+65%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 130225000.0,
      "total_employees": 1,
      "filing_date": "2021-07-07"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 129159909.0,
      "total_employees": 1,
      "filing_date": "2022-07-08"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 97622631.0,
      "total_employees": 1,
      "filing_date": "2023-09-05"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 91141316.0,
      "total_employees": 1,
      "filing_date": "2024-06-06"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 117221744.0,
      "total_employees": 1,
      "filing_date": "2025-01-07"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 193088005.0,
      "total_employees": 1,
      "filing_date": "2026-03-02"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $117,221,744 to $193,088,005 (+65%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 27, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "3% of assets a year",
    "account_minimum": "$250,000",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 3% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "The annual Management Fee will not exceed 3.0% of assets under management."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $250,000"
        ],
        "quotes": [
          "Elemental requires that new clients have a minimum account size of $250,000 for investment management services."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": 3.0,
      "account_minimum": 250000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "The annual Management Fee will not exceed 3.0% of assets under management.",
      "Elemental requires that new clients have a minimum account size of $250,000 for investment management services."
    ],
    "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
    }
  ],
  "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/elemental-capital-partners-llc-283897.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 15,
      "fewer_than_5": false,
      "raum": 6046597.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 48,
      "fewer_than_5": false,
      "raum": 187041408.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "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/283897",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}