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Elderado Financial, Inc.

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Total assets under management

$194,978,483

Total clients

397

15% high-net worth

Total advisors

5

of 5 employees

Firm size

Team

4-10 advisors or $500M+ in AUM

Average clients per advisor

79

Average account size

$491,130

About

ElderAdo Financial provides personalized financial planning and discretionary investment management to individuals (including high-net-worth clients), trusts, endowments, and charitable organizations, managing approximately $195 million in client assets. Services include comprehensive or modular financial plans, asset management, retirement and education planning, and ongoing portfolio oversight.

The firm delivers tailored advisory relationships where discretionary Asset Management Program clients authorize trading and fee deduction, and planners develop recommendations from client documents, risk‑tolerance assessments, and tools such as Morningstar Office and Charles Schwab platforms. Portfolio monitoring includes quarterly reviews and rebalancing considerations, with periodic communications and monthly performance reports to clients.

Compared with many peers, ElderAdo emphasizes client education and outreach: the firm provides regular written communications and conducts educational workshops (staff serve as Financial Peace University facilitators and participate in philanthropic education through groups like Advisors in Philanthropy and the National Christian Foundation). The team also includes advisors with specialized credentials in charitable planning (Chartered Advisor in Philanthropy®) and maintains participation in Charles Schwab’s Advisor Services and Coaching Program, reflecting a notable focus on philanthropy and practice-oriented client education.

Client services

Financial planning Portfolio management Newsletters or periodicals Educational seminars or workshops

Fee options

Fixed

Financial Planning Agreement fees include comprehensive or specific plans; fees due upon completion

Percentage

$0 - $149,999: 1.50% $150,000 - $499,999: 1.00% $500,000 - $999,999: .85% $1,000,000 - $1,999,999: .75% $2,000,000 - $4,999,999: .70% $5,000,000 - $9,999,999: .65% $10,000,000 - $19,999,999: .60% $20,000,000+: Negotiated

Project-based

Financial Planning Agreement may include hourly financial consultations; specific rates negotiated

Other

Account minimum: $150,000 (for Asset Management Program Agreement; negotiable at advisor discretion; no minimum for Financial Planning Agreements) Fee-only: Financial Planning Retainer Agreement billed quarterly on negotiated annual retainer; Financial Planning Agreement fees due upon completion, may be hourly or flat fees

Disclosures

More info

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

More info

Main office location

Elderado Financial, Inc.

1030 S. Townsend Ave, Suite A

Montrose CO 81401, United States

Number of offices

1

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

LinkedIn Facebook Instagram Website 970-249-9900

Advisors at this firm

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Jaimee C

CFP®, Series 63

Montrose, CO

Elderado Financial, Inc.

Jaimee Carnes, CFP®, is one of the lead advisors at ElderAdo Financial, where she works as part of a collaborative team helping individuals and families make confident, values-aligned financial decisions. Jaimee specializes in retirement planning, investment management, and guiding clients through complex life transitions with clarity and care. Known for her thoughtful, relationship-driven approach, she partners closely with clients to build practical, sustainable strategies aligned with their long-term goals. Jaimee believes effective financial planning should feel personal, empowering, and grounded in trust.

General retirement planning General estate planning guidance Wealth management Roth conversion strategy Retirement income strategy Retired Approaching retirement Widow/Widower Baby Boomers (Born 1946-1964) Christian Faith Based

Jim E

Series 63, Series 65

Montrose, CO

Elderado Financial, Inc.

Jim Elder is a seasoned fiduciary financial advisor based in Montrose, Colorado, with over 33 years of experience in wealth management. Registered with Elderado Financial, an SEC-regulated Registered Investment Advisor (RIA), Jim specializes in retirement planning, tax optimization, estate planning, and real estate investing. Over his career, he has managed $240 million in assets under management, guiding predominantly retired clients. Jim’s approach is grounded in trusted, client-centered fiduciary advice, helping individuals and families achieve financial confidence and long-term security.

Retirement income strategy Roth conversion strategy Business exit / sale strategy Wealth management Retired Founder/Business Owner Doctor or Medical Professional Established Professionals Approaching retirement Baby Boomers (Born 1946-1964)

Nathan M

Series 63, Series 65, CFP®

Montrose, CO

Elderado Financial, Inc.

General retirement planning Retirement withdrawal strategies Roth conversion strategy General tax planning
user avatar

Adam M

CFP®, Series 65

Montrose, CO

Elderado Financial, Inc.
user avatar

Daniel C

Series 63, Series 65

Montrose, CO

Elderado Financial, Inc.
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