# Elite Life Management LLC

> Elite Life Management LLC is an SEC-registered investment advisory firm in Erie, PA, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated November 12, 2025.

- CRD: 310917
- Filed as: ELITE LIFE MANAGEMENT LLC
- Also doing business as: HBK SORCE ADVISORY LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Erie, PA
- Filing period: October 2026
- Form ADV filing dated: November 12, 2025
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/310917
- AdvisorCensus page: https://advisorcensus.com/firm/elite-life-management-llc-erie-pa-310917

## Quick answers

**How is Elite Life Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Elite Life Management LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**How much does Elite Life Management LLC charge?**
Its Form ADV Part 2A brochure dated November 12, 2025 states: Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Elite Life Management LLC located?**
Elite Life Management LLC's principal office is in Erie, PA, according to its Form ADV; the December 2025 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Elite Life Management LLC registered with the SEC or a state?**
Elite Life Management LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 310917.

**How much does Elite Life Management LLC manage?**
Elite Life Management LLC reports $147,036,608 in regulatory assets under management in its Form ADV filing dated November 12, 2025 (99% discretionary).

**How have Elite Life Management LLC's assets and staff changed since 2023?**
In the Form ADV data for Elite Life Management LLC: Regulatory assets under management: $32,784,814 in the October 2023 data and $147,036,608 in the October 2026 data, up 348%. Total employees: 3 in October 2023 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Elite Life Management LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (71); high net worth individuals (15); corporations or other businesses not listed above (5).

**Which custodians does Elite Life Management LLC use?**
Elite Life Management 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.

**Does Elite Life Management 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/310917

**Does Elite Life Management LLC state an account minimum?**
Its Form ADV Part 2A brochure dated November 12, 2025 says: "Elite generally does not impose a minimum relationship size."

**What changed in Elite Life Management LLC's recent Form ADV filings?**
In the December 2025 filing data: Regulatory assets under management went from $127,872,346 to $147,036,608 (+15%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated November 12, 2025)

- Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states)

> Investment advisory fees are billed at an annual rate of up to 1.50% and are based on the market value of assets under management at the end of the prior calendar quarter.

- Account minimum: None

> Elite generally does not impose a minimum relationship size.

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.

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: $147,036,608
- Discretionary: $145,491,828
- Non-discretionary: $1,544,780

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 71 | $16,867,002 |
| High net worth individuals | 15 | $129,746,699 |
| Corporations or other businesses not listed above | 5 | $422,907 |

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

### Firm details
- Registered since: 2022 (3 years)
- Employees: 4 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, PA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the December 2025 filing
- Sarasota, FL

### Websites listed on Form ADV (Item 1.I)
- [elitelifeteam.com](https://elitelifeteam.com)
- Instagram @elitelifeteam
- LinkedIn @elite-life-management-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $32,784,814 | 3 | January 3, 2023 |
| October 2024 | $88,421,221 | 3 | July 15, 2024 |
| October 2025 | $127,872,346 | 4 | July 8, 2025 |
| October 2026 | $147,036,608 | 4 | November 12, 2025 |

Regulatory assets under management: $32,784,814 in the October 2023 data and $147,036,608 in the October 2026 data, up 348%.
Total employees: 3 in October 2023 and 4 in October 2026.

## Changes in the filing (last 12 months)

### December 2025
- Regulatory assets under management went from $127,872,346 to $147,036,608 (+15%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Elite Life Management LLC (CRD 310917): Form ADV filing data as of October 2026.