Elite Wealth Management, Inc.
- Regulatory AUM
- $161M
- Discretionary
- $161M
- Clients
- 871
- Avg AUM / client
- $185K
- Accounts
- 1,583
- Employees
- 5
AUM over time
Annual snapshots from Form ADV filings · as of Jun 03, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 836 | $96.9M | 60.1% |
| High net worth individuals | 35 | $64.5M | 39.9% |
People (4)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Patrick Lee Marcell | Owner | Oct 2024 (2y) | ≈ 56.25% – 100% via Elite Retirement Group, Inc. | |
| Michael William Marcell | Registered representative | Feb 2025 (1y) | ||
| Matthew Theodore Daniels | Registered representative | Feb 2025 (1y) | ||
| Victor Ray Kizewski | Registered representative | Feb 2025 (1y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Elite Retirement Group, Inc. | Owner | Oct 2024 | A | 75% or more |
Estimated effective ownership (look-through of filed bands):
- Patrick Lee Marcell: 75% – 100% of Elite Retirement Group, Inc. × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/03/2026 | 1020 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Educational seminars/workshops
Custody
Reported custodians
- Charles Schwab & Co. $125M (77% of AUM) Jun 2026
- Truist Financial Corp $36.4M (23% of AUM) Jun 2026
- Altruist Financial $36.4M (23% of AUM) Jun 2026
- Fidelity Brokerage Services $909K (1% of AUM) Feb 2025
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jun 03, 2026.
View current Form ADV (SEC/IAPD) ↗