# Great Elm Capital Management, LLC

> Great Elm Capital Management, LLC is an SEC-registered investment advisory firm in Palm Beach Gardens, FL, registered since 2016, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 24, 2026.

- CRD: 284304
- Filed as: GREAT ELM CAPITAL MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Palm Beach Gardens, FL
- Filing period: October 2026
- Form ADV filing dated: March 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/284304
- AdvisorCensus page: https://advisorcensus.com/firm/great-elm-capital-management-llc-palm-beach-gardens-fl-284304

## Quick answers

**How is Great Elm Capital Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Great Elm Capital Management, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Great Elm Capital Management, LLC located?**
Great Elm Capital Management, LLC's principal office is in Palm Beach Gardens, FL, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Great Elm Capital Management, LLC registered with the SEC or a state?**
Great Elm Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 284304.

**How much does Great Elm Capital Management, LLC manage?**
Great Elm Capital Management, LLC reports $346,129,524 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (100% discretionary).

**How have Great Elm Capital Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Great Elm Capital Management, LLC: Regulatory assets under management: $230,304,177 in the October 2021 data and $346,129,524 in the October 2026 data, up 50%. Total employees: 13 in October 2021 and 21 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Great Elm Capital Management, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2); business development companies (1).

**Does Great Elm Capital 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/284304

**What changed in Great Elm Capital Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 7 to 6.

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $346,129,524
- Discretionary: $346,129,524
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Business development companies | 1 | $332,904,524 |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $13,225,000 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2016 (10 years)
- Employees: 21 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, MA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Boston, MA

### Websites listed on Form ADV (Item 1.I)
- [greatelmcc.com](https://greatelmcc.com)
- [greatelmgroup.com](https://greatelmgroup.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $230,304,177 | 13 | March 31, 2021 |
| October 2022 | $450,396,758 | 14 | March 31, 2022 |
| October 2023 | $309,379,970 | 24 | March 30, 2023 |
| October 2024 | $288,430,348 | 17 | September 10, 2024 |
| October 2025 | $350,862,168 | 21 | March 14, 2025 |
| October 2026 | $346,129,524 | 21 | March 24, 2026 |

Regulatory assets under management: $230,304,177 in the October 2021 data and $346,129,524 in the October 2026 data, up 50%.
Total employees: 13 in October 2021 and 21 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 7 to 6.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Great Elm Capital Management, LLC (CRD 284304): Form ADV filing data as of October 2026.