ELTEKON ADVISORS, LLC.
Adviser information for ELTEKON ADVISORS, LLC. last updated from Form ADV on February 5th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Texas, United States |
Employees
| Total Number of Employees | 6 |
|---|---|
| Investment Advisory/Research | 5 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 5 |
| Licensed Agents of an Insurance Company | 3 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 100 | $135.0M |
| Non-Discretionary | 500 | $65.0M |
| Total | 600 | $200.0M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 280 | $117.0M |
| HNW Individuals | 34 | $76.0M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | <5 | $4.0M |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 5 | $3.0M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 1-10 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMHourly chargesFixed feesFEES THAT MAY BE A PERCENTAGE OF CLIENT GROSS INCOME/NET WORTH. |
| Other Business Activities | Insurance broker or agentREFERRAL FEES COLLECTED ON LINES OF CREDIT |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 25.0M |
| Both for Same | 0 |
| Portfolio Manager to Program | Sponsor |
|---|---|
| ELTEKON TEAMS | ELTEKON ADVISORS, LLC. |
Identifiers
| SEC RIA File Number | 801-123415 |
|---|---|
| SEC ERA File Number | 801-123415 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 115371 |
| Legal Entity Identifier | None |
Principal Office
3839 BEE CAVES RDSUITE 120
WEST LAKE HILLS
TX
United States
Monday - Friday, 8:30AM-4:00PM
Tel: 512-477-3200, Fax: 512-477-3201
Chief Compliance Officer
MARK T MANGUM
MANAGING PRINCIPAL
3839 BEE CAVES RD
SUITE 120
WEST LAKE HILLS
TX
United States
Tel:
512-477-3200
M******@**********M
(Full email address available in API data)
Regulatory Contact
MARK T. MANGUM
MANAGING PRINCIPAL
3839 BEE CAVES RD
SUITE 120
WEST LAKE HILLS
TX
United States
Tel:
512-477-3200
Fax:
512-477-3201
M******@**********M
(Full email address available in API data)
Industry Affiliates
| ELTEKON INSURANCE AGENCY, LLC | Insurance company or agency |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| ELTEKON FINANCIAL, LLC | Domestic Entity | – | SOLE MEMBER/SHAREHOLDER | 01/2001 | > 75% |
| ELTEKON HOLDINGS, LLC | Domestic Entity | ELTEKON FINANCIAL, LLC | SOLE MEMBER | 01/2001 | > 75% |
| MANGUM, MARK, THOMAS | Individual | ELTEKON HOLDINGS, LLC | MEMBER | 01/2001 | 25-50% |
| MANGUM, MARK, THOMAS | Individual | – | DESIGNATED/MANAGING PRINCIPAL | 01/2001 | < 5% |
| MANGUM, MARK, THOMAS | Individual | – | CHIEF COMPLIANCE OFFICER | 03/2002 | < 5% |
| BEESLEY, BRENT, TYLER | Individual | – | REGISTERED PRINCIPAL | 02/2004 | < 5% |