{
  "crd_number": 144228,
  "slug": "elite-capital-management-group-llc-east-berlin-ct-144228",
  "primary_business_name": "ELITE CAPITAL MANAGEMENT GROUP, LLC",
  "legal_name": "ELITE CAPITAL MANAGEMENT GROUP, LLC",
  "dbas": [
    "ELITE CAPITAL"
  ],
  "city": "East Berlin",
  "state": "CT",
  "country": "United States",
  "cbsa_code": "25540",
  "metro": {
    "cbsa_code": "25540",
    "common_name": "Hartford",
    "msa_name": "Hartford-West Hartford-East Hartford, CT",
    "path": "/advisors/ct/hartford"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2009-02-20",
  "years_registered": 17,
  "period": "2026-10-01",
  "filing_date": "2026-02-23",
  "carried_forward": false,
  "raum_total": 350938755.0,
  "raum_discretionary": 350938755.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 4,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": null,
      "count": 0
    },
    "individuals": {
      "raum": null,
      "count": 0
    },
    "banking_thrift": {
      "raum": 350938755.0,
      "count": 16
    },
    "state_municipal": {
      "raum": null,
      "count": 0
    },
    "insurance_companies": {
      "raum": null,
      "count": 0
    },
    "investment_companies": {
      "raum": null,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": null,
      "count": 0
    },
    "other_investment_advisers": {
      "raum": null,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": null,
      "count": 0
    },
    "pooled_investment_vehicles": {
      "raum": null,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": null,
      "count": 0
    },
    "business_development_companies": {
      "raum": null,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": null,
      "count": 0
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CT",
    "TX"
  ],
  "websites": [
    "https://elitecapgroup.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/144228",
  "city_as_filed": "EAST BERLIN",
  "url": "https://advisorcensus.com/firm/elite-capital-management-group-llc-east-berlin-ct-144228",
  "display_name": "Elite Capital Management Group, LLC",
  "summary": "Elite Capital Management Group, LLC is an SEC-registered investment advisory firm in East Berlin, CT, registered since 2009, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 23, 2026.",
  "citation": "AdvisorCensus. Elite Capital Management Group, LLC (CRD 144228): 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 businesses (other than small businesses) or institutional clients",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Elite Capital Management Group, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Elite Capital Management Group, LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Elite Capital Management Group, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated February 23, 2026 states: Asset-based fee: 0.05% to 0.85% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Elite Capital Management Group, LLC located?",
      "a": "Elite Capital Management Group, LLC's principal office is in East Berlin, CT, according to its Form ADV."
    },
    {
      "q": "Is Elite Capital Management Group, LLC registered with the SEC or a state?",
      "a": "Elite Capital Management Group, LLC is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 144228."
    },
    {
      "q": "How much does Elite Capital Management Group, LLC manage?",
      "a": "Elite Capital Management Group, LLC reports $350,938,755 in regulatory assets under management in its Form ADV filing dated February 23, 2026 (100% discretionary)."
    },
    {
      "q": "How have Elite Capital Management Group, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Elite Capital Management Group, LLC: Regulatory assets under management: $476,406,776 in the October 2021 data and $350,938,755 in the October 2026 data, down 26%. Total employees: 3 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Elite Capital Management Group, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: banking or thrift institutions (16)."
    },
    {
      "q": "Which custodians does Elite Capital Management Group, LLC use?",
      "a": "Elite Capital Management Group, 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 Elite Capital Management Group, 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/144228"
    },
    {
      "q": "Does Elite Capital Management Group, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated February 23, 2026 says: \"Elite requires a minimum account of $5,000,000 for investment advisory clients, although this may be negotiable under certain circumstances.\""
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 476406776.0,
      "total_employees": 3,
      "filing_date": "2021-05-03"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 476406776.0,
      "total_employees": 3,
      "filing_date": "2022-03-28"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 379193602.0,
      "total_employees": 5,
      "filing_date": "2023-06-23"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 348927332.0,
      "total_employees": 5,
      "filing_date": "2024-07-22"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 340546530.0,
      "total_employees": 4,
      "filing_date": "2025-03-27"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 350938755.0,
      "total_employees": 4,
      "filing_date": "2026-02-23"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 23, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.05% to 0.85% a year",
    "stated_maximum": null,
    "account_minimum": "$5,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.05% to 0.85% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Elite's management fees range from 0.05% to 0.85% annually, based on negotiation with the client and complexity of the client’s needs."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Elite requires a minimum account of $5,000,000 for investment advisory clients, although this may be negotiable under certain circumstances."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.05,
        0.85
      ],
      "max_pct": null,
      "account_minimum": 5000000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Elite's management fees range from 0.05% to 0.85% annually, based on negotiation with the client and complexity of the client’s needs.",
      "Elite requires a minimum account of $5,000,000 for investment advisory clients, although this may be negotiable under certain circumstances."
    ],
    "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/elite-capital-management-group-llc-east-berlin-ct-144228.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 16,
      "fewer_than_5": false,
      "raum": 350938755.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    }
  ],
  "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/144228",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}