Firm
Elite Asset Management
Palatine, Illinois
Fee-only
Elite Asset Management at a glance
- One of 330 fee-only firms based in Illinois in the Wellspent graph.
- 1 advisor is listed here, who holds the CFP.
- Its Form ADV reports 1 employee and 24 individual clients.
- Its average account is about $102,000 (assets it manages divided by its 44 accounts).
- Its website says it's taking new clients.
Fee-only advisors in Illinois · What fee-only advisors charge in Illinois
Facts
| Based in | Palatine, Illinois |
|---|---|
| Website | eliteassetmgmt.com |
| Phone | (847) 874-5299 |
Elite Asset 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 | 0.9% a year on the first tier of assets |
|---|---|
| Account minimum | None |
| How it charges | Percentage of assets |
In the firm's words
"First $1,000,000 0.90 %" source
"Over $10,000,000 0.50 %" source
"First $1,000,000 0.90 %" source
"There is no account minimum." 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 |
|---|---|
| Assets managed | $5 million |
| Individual clients | 24 |
| Accounts managed | 44 |
| Employees | 1 |
| Planning clients | 1-10 |
| Financial planning | Offered |
| Form ADV filed | August 25, 2026 |
| SEC record | CRD 281546 |