# Elementum Advisors, LLC

> Elementum Advisors, LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 2009, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 26, 2026.

- CRD: 151635
- Filed as: ELEMENTUM ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chicago, IL
- Filing period: October 2026
- Form ADV filing dated: March 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/151635
- AdvisorCensus page: https://advisorcensus.com/firm/elementum-advisors-llc-chicago-il-151635

## Quick answers

**How is Elementum Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Elementum Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**How much does Elementum Advisors, LLC charge?**
Its Form ADV Part 2A brochure dated March 26, 2026 states: Asset-based fee: 0.5% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Elementum Advisors, LLC located?**
Elementum Advisors, LLC's principal office is in Chicago, IL, according to its Form ADV.

**Is Elementum Advisors, LLC registered with the SEC or a state?**
Elementum Advisors, LLC is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 151635.

**How much does Elementum Advisors, LLC manage?**
Elementum Advisors, LLC reports $4,475,926,320 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary).

**How have Elementum Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for Elementum Advisors, LLC: Regulatory assets under management: $4,490,699,508 in the October 2021 data and $4,475,926,320 in the October 2026 data, unchanged. Total employees: 45 in October 2021 and 39 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Elementum Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (17).

**Which custodians does Elementum Advisors, LLC use?**
Elementum Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Northern Trust Corporation as a custodian holding 10% or more of its separately managed account assets.

**Does Elementum Advisors, LLC 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/151635

**What changed in Elementum Advisors, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 15 to 14. Regulatory assets under management went from $3,746,598,623 to $4,475,926,320 (+19%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated March 26, 2026)

- Asset-based fee: 0.5% to 1.5% a year (a range, as the brochure states it)

> Fees include management fees which generally range from 0.50% to 1.50% annually.

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

### Custodians (Schedule D, Section 5.K(3))
- Northern Trust Corporation

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: $4,475,926,320
- Discretionary: $4,475,926,320
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 17 | $3,091,806,501 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $368,889,332 |
| Other investment advisers | Fewer than 5 | $277,394,408 |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $737,836,079 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2009 (17 years)
- Employees: 39 total, 14 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- elementumadvisors.com
- LinkedIn @ELEMENTUM-ADVISORS-llc
- LinkedIn @elementum-bermuda-ltd

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $4,490,699,508 | 45 | July 15, 2021 |
| October 2022 | $4,469,364,657 | 50 | May 2, 2022 |
| October 2023 | $3,934,218,502 | 50 | May 30, 2023 |
| October 2024 | $4,140,924,488 | 41 | July 12, 2024 |
| October 2025 | $3,746,598,623 | 42 | June 10, 2025 |
| October 2026 | $4,475,926,320 | 39 | March 26, 2026 |

Regulatory assets under management: $4,490,699,508 in the October 2021 data and $4,475,926,320 in the October 2026 data, unchanged.
Total employees: 45 in October 2021 and 39 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 15 to 14.
- Regulatory assets under management went from $3,746,598,623 to $4,475,926,320 (+19%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Elementum Advisors, LLC (CRD 151635): Form ADV filing data as of October 2026.