# West ELK Capital, LLC

> West ELK Capital, LLC is an SEC-registered investment advisory firm in Atlanta, GA, registered since 2018, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 24, 2026.

- CRD: 292743
- Filed as: WEST ELK CAPITAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Atlanta, GA
- Filing period: October 2026
- Form ADV filing dated: March 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/292743
- AdvisorCensus page: https://advisorcensus.com/firm/west-elk-capital-llc-atlanta-ga-292743

## Quick answers

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

**What does West ELK Capital, LLC's brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 24, 2026 states: Asset-based fee: 1.5% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is West ELK Capital, LLC located?**
West ELK Capital, LLC's principal office is in Atlanta, GA, according to its Form ADV.

**Is West ELK Capital, LLC registered with the SEC or a state?**
West ELK Capital, LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 292743.

**How much does West ELK Capital, LLC manage?**
West ELK Capital, LLC reports $152,309,963 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (100% discretionary).

**How have West ELK Capital, LLC's assets and staff changed since 2021?**
In the Form ADV data for West ELK Capital, LLC: Regulatory assets under management: $86,592,097 in the October 2021 data and $152,309,963 in the October 2026 data, up 76%. Total employees: 2 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

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

**Does West ELK Capital, 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/292743

**Does West ELK Capital, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 24, 2026 says: "The minimum investment requirement for the Fund is $500,000. However, the General Partner of the Fund, in its sole discretion, may permit investments that are less than the required minimum investment requirement."

**What changed in West ELK Capital, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $132,002,500 to $152,309,963 (+15%).

## 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 24, 2026)

- Asset-based fee: 1.5% of assets a year

> West Elk will receive a Management Fee that is calculated and paid quarterly in arrears ... in an amount equal to 1.50% per annum of the net asset value of the Limited Partner’s closing Capital Account

- Account minimum: $500,000 (the brochure says it may be waived or negotiated)

> The minimum investment requirement for the Fund is $500,000. However, the General Partner of the Fund, in its sole discretion, may permit investments that are less than the required minimum investment requirement.

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

### Regulatory assets under management (Item 5.F)
- Total: $152,309,963
- Discretionary: $152,309,963
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $152,309,963 |

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

### Firm details
- Registered since: 2018 (8 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: GA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- westelkcapital.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $86,592,097 | 2 | March 31, 2021 |
| October 2022 | $87,161,405 | 2 | March 29, 2022 |
| October 2023 | $66,221,208 | 2 | March 19, 2023 |
| October 2024 | $80,055,952 | 2 | August 20, 2024 |
| October 2025 | $132,002,500 | 2 | June 3, 2025 |
| October 2026 | $152,309,963 | 2 | March 24, 2026 |

Regulatory assets under management: $86,592,097 in the October 2021 data and $152,309,963 in the October 2026 data, up 76%.
Total employees: 2 in October 2021 and 2 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $132,002,500 to $152,309,963 (+15%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. West ELK Capital, LLC (CRD 292743): Form ADV filing data as of October 2026.