{
  "crd_number": 333159,
  "slug": "elite-wealth-management-inc-plover-wi-333159",
  "primary_business_name": "ELITE WEALTH MANAGEMENT, INC.",
  "legal_name": "ELITE WEALTH MANAGEMENT, INC.",
  "dbas": [],
  "city": "Plover",
  "state": "WI",
  "country": "United States",
  "cbsa_code": "44620",
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2025-02-24",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-06-03",
  "carried_forward": false,
  "raum_total": 161422447.0,
  "raum_discretionary": 161422447.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 5,
  "advisory_employees": 4,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 96936007.0,
      "count": 836
    },
    "high_net_worth_individuals": {
      "raum": 64486440.0,
      "count": 35
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "WI"
  ],
  "websites": [
    "https://eliteretirementgroup.com",
    "https://facebook.com/eliteretirementgroup",
    "https://retireidea.com",
    "https://soundcloud.com/search?q=Elite+Retirement+Group",
    "https://youtube.com/channel/UC2RIbWP3nuuHqUTmUa0FA7Q"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/333159",
  "city_as_filed": "PLOVER",
  "url": "https://advisorcensus.com/firm/elite-wealth-management-inc-plover-wi-333159",
  "display_name": "Elite Wealth Management, Inc.",
  "summary": "Elite Wealth Management, Inc. is an SEC-registered investment advisory firm in Plover, WI, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 3, 2026.",
  "citation": "AdvisorCensus. Elite Wealth Management, Inc. (CRD 333159): 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)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is Elite Wealth Management, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Elite Wealth Management, Inc. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Elite Wealth Management, Inc. charge?",
      "a": "Its Form ADV Part 2A brochure dated June 3, 2026 states: Up to $500,000: 1.5% a year; $500,001 to $1,000,000: 1% a year; Above $1,000,001: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Elite Wealth Management, Inc. located?",
      "a": "Elite Wealth Management, Inc.'s principal office is in Plover, WI, according to its Form ADV; the July 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Elite Wealth Management, Inc. registered with the SEC or a state?",
      "a": "Elite Wealth Management, Inc. is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 333159."
    },
    {
      "q": "How much does Elite Wealth Management, Inc. manage?",
      "a": "Elite Wealth Management, Inc. reports $161,422,447 in regulatory assets under management in its Form ADV filing dated June 3, 2026 (100% discretionary)."
    },
    {
      "q": "How have Elite Wealth Management, Inc.'s assets and staff changed since 2025?",
      "a": "In the Form ADV data for Elite Wealth Management, Inc.: Regulatory assets under management: $153,359,949 in the October 2025 data and $161,422,447 in the October 2026 data, up 5%. Total employees: 4 in October 2025 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Elite Wealth Management, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (836); high net worth individuals (35)."
    },
    {
      "q": "Which custodians does Elite Wealth Management, Inc. use?",
      "a": "Elite Wealth Management, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Altruist Financial LLC and Charles Schwab & Co., Inc. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Elite Wealth Management, Inc. 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/333159"
    },
    {
      "q": "Does Elite Wealth Management, Inc. state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated June 3, 2026 says: \"Elite Wealth Management does not impose a minimum account balance for the opening of an account with the Adviser.\""
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 153359949.0,
      "total_employees": 4,
      "filing_date": "2025-02-19"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 161422447.0,
      "total_employees": 5,
      "filing_date": "2026-06-03"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated June 3, 2026",
    "provided_by_the_firm": false,
    "tiers": [
      {
        "band": "Up to $500,000",
        "rate": "1.5%"
      },
      {
        "band": "$500,001 to $1,000,000",
        "rate": "1%"
      },
      {
        "band": "Above $1,000,001",
        "rate": "0.5%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $500,000: 1.5% a year",
          "$500,001 to $1,000,000: 1% a year",
          "Above $1,000,001: 0.5% a year"
        ],
        "quotes": [
          "Tiered fee Schedule \nAUM Fee \nUp to $500,000 billed at 1.5% \nNext $ to $500,001-1,000,000 billed at 1% \n1,000,001+ billed at 0.5%"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Elite Wealth Management does not impose a minimum account balance for the opening of an account with the Adviser."
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": 0.0,
          "max": 500000.0,
          "rate_pct": 1.5
        },
        {
          "min": 500001.0,
          "max": 1000000.0,
          "rate_pct": 1.0
        },
        {
          "min": 1000001.0,
          "max": null,
          "rate_pct": 0.5
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Tiered fee Schedule \nAUM Fee \nUp to $500,000 billed at 1.5% \nNext $ to $500,001-1,000,000 billed at 1% \n1,000,001+ billed at 0.5%",
      "Elite Wealth Management does not impose a minimum account balance for the opening of an account with the Adviser."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Altruist Financial LLC",
      "name_as_filed": "ALTRUIST FINANCIAL LLC",
      "affiliated": false
    },
    {
      "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-wealth-management-inc-plover-wi-333159.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 836,
      "fewer_than_5": false,
      "raum": 96936007.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 35,
      "fewer_than_5": false,
      "raum": 64486440.0
    }
  ],
  "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/333159",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}