Firm
Elgethun Capital Management
Sioux Falls, South Dakota
Fee-only
Elgethun Capital Management at a glance
- One of 17 fee-only firms based in South Dakota in the Wellspent graph.
- 10 advisors are listed here; 2 of 10 hold the CFA.
- Its Form ADV reports 13 employees and 294 individual clients, 177 of them high net worth.
- Its average account is about $1.2 million (assets it manages divided by its 943 accounts).
Facts
| Based in | Sioux Falls, South Dakota |
|---|---|
| Website | elgethuncapitalmanagement.com |
| Phone | (605) 367-3336 |
Elgethun Capital Management fees
What the firm's own website says it charges, checked October 30, 2026. We keep a price only when the exact words stating it appear on the page.
| Asset-based fee | 1% a year on the first tier of assets |
|---|---|
| How it charges | Percentage of assets |
In the firm's words
"Annual management fee for custom wealth management, starting at 1% and scaling down with asset size." source
"Our revenue is derived from fees based on assets under management" source
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets · Hourly · Fixed fees · Performance-based fees |
|---|---|
| Assets managed | $1.1 billion |
| Individual clients | 117 |
| High-net-worth clients | 177 |
| Accounts managed | 943 |
| Employees | 13 |
| Planning clients | 51-100 |
| Registered with | The SEC (801-66560) |
| Financial planning | Offered |
| Form ADV filed | March 27, 2026 |
| SEC record | CRD 127616 |