Wealth manager, independent · Kirkland, WA
Elite Wealth Management, Inc.
SEC-registered investment adviser · CRD 132122 · SEC 801-63310
At a glance
Elite Wealth Management, Inc. is an SEC-registered investment adviser based in Kirkland, Washington, with $861 million in regulatory assets under management as of its Form ADV filed March 30, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 465 individual clients. By Form ADV it is a wealth manager, ranked 1,789th of 8,915 wealth managers and 5,853rd of 17,210 SEC-registered advisers by assets.
Main office 425-828-4300elitewm.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $861M
- Rank among wealth managers
- #1,789 of 8,915
- Rank among all SEC RIAs
- #5,853 of 17,210
- Rank in Washington
- #72 of 271
- Individual clients
- 465
- High-net-worth clients
- 174
- Accounts
- 1,510
- Discretionary
- 100% of AUM
- Employees
- 5
- Advisory staff
- 3
- Offices
- 1
Owners and executives on its Form ADV
- Ali R. Memaran-DadgarChief Executive Officer
- Ali R. Memaran-DadgarChief Compliance Officer
Custody and brokerage
2 custodians
- Interactive Brokers$400M54%
- Charles Schwab$336M46%
Other RIAs using Interactive BrokersOther multi-custodian RIAs
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 174 | $770M | 89% |
| Individuals | 291 | $90M | 10% |
| Other investment advisers | 4 | $1M | <1% |
Disciplinary disclosures
Elite Wealth Management, Inc. answers yes to 1 disclosure item in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Selecting other advisers
How it’s paid
- A percentage of assets under management
Form ADV and brochures on the SEC’s adviser search ↗elitewm.com ↗
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The full record on Elite Wealth Management, Inc.
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 3,903 peers of its type and size
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- Owners and executives, with titles and stakes
- 2 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 1Locked
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Background
Questions
How much does Elite Wealth Management, Inc. manage?
Elite Wealth Management, Inc. reports $861 million in regulatory assets under management across 1,510 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 30, 2026.
What kind of firm is Elite Wealth Management, Inc.?
Elite Wealth Management, Inc. is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals.
Who are Elite Wealth Management, Inc.’s clients?
By assets, its largest client types are high-net-worth individuals ($770 million, 174 clients); individuals ($90 million, 291 clients); other investment advisers ($786,343, 4 clients).
Does Elite Wealth Management, Inc. have any disciplinary history?
Elite Wealth Management, Inc. answers yes to 1 disclosure item in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Elite Wealth Management, Inc.’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-30), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →