Elbrus Partners, LLC
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$11,237,653
Total clients
22
27% high-net worth
Total advisors
1
of 1 employees
Firm size
Independent
1 advisor
Average clients per advisor
22
Average account size
$510,802
About
Elbrus Partners, LLC is a registered investment adviser that provides discretionary portfolio management through its Elbrus Partners Managed Asset Program (EPMAP) to individual investors and families, including high-net-worth clients. The firm prepares an Investment Policy Statement for each client and offers ongoing portfolio monitoring, rebalancing, security selection, and financial-planning-related services.
Investment decisions are made under discretionary authority and are guided by a Global Tactical Asset Allocation framework that permits deviations from strategic allocations based on perceived asset-class valuation and business-cycle analysis. The firm combines cyclical, fundamental, quantitative and qualitative analysis and implements both long- and short-term trading, including options strategies and short sales.
Notably, Elbrus acts as the sponsor of a wrap fee program that bundles transaction costs into a single advisory program and explicitly pays brokerage transaction costs from the wrap fee, a structure that is uncommon among independent advisers. The firm also uses derivatives and option strategies within separately managed accounts and recommends Interactive Brokers as its execution custodian, practices that distinguish it from many peers of similar size.
Client services
Portfolio management
Expertise
Active portfolio management
Options & derivatives strategies
Fee options
$50,000 - $1,000,000: 1.00% annually $1,000,001 - $2,000,000: 0.90% annually $2,000,001 - $3,000,000: 0.80% annually $3,000,001+: 0.70% annually
Account minimum: $50,000
Most active in
Elbrus Partners, LLC has reported serving >5 clients in these states in the last 12 months.
Florida · Maryland · Texas
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
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