Element Wealth, LLC
Registered investment adviser · Ridgeland, MS · CRD #114968
Form ADV data as of 2026-09-01Regulatory assets
$743.7 million
Total accounts
1,759
Employees
15
Disclosure events
1
Firm details
- Website: http://www.myelementwealth.com
- Telephone: 601-957-6006
- SEC file number: 801-61758
- Most recent Form ADV filing: 2026-03-23
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm reports 1 disclosure question answered Yes, covering 1 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.
- SEC or CFTC imposed a civil money penalty or a cease-and-desist order
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $524.1 million |
| Non-discretionary regulatory assets under management | $219.6 million |
| Total regulatory assets under management | $743.7 million |
| Discretionary accounts | 1,438 |
| Non-discretionary accounts | 321 |
| Total accounts | 1,759 |
| Regulatory assets under management attributable to non-U.S. persons | $676,221 |
People
| Total employees (excluding clerical) | 15 |
| Employees performing investment advisory functions (including research) | 9 |
| Employees who are registered representatives of a broker-dealer | 0 |
| Employees registered as investment adviser representatives with a state | 9 |
| Employees registered as IARs for another investment adviser | 0 |
| Employees who are licensed insurance agents | 6 |
| Firms or persons who solicit advisory clients on the firm's behalf | 3 |
Custody
| Has custody of client cash or bank accounts | No |
| Has custody of client securities | No |
| A related person has custody of client cash or bank accounts | No |
| A related person has custody of client securities | No |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | No |
| Number of persons acting as qualified custodians for the firm's clients | 4 |
How the firm is compensated
Advisory services offered
Other business activities
Affiliated related persons
Reported conflicts of interest
Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:
- Buys or sells for itself securities it also recommends to clients
- Recommends brokers or dealers to clients
- Compensates a non-employee for client referrals
- Provides employee compensation specifically for obtaining clients
Client types
| Type of client | Clients | Assets |
|---|---|---|
| Individuals (other than high net worth individuals) | 530 | $184.7 million |
| High net worth individuals | 122 | $347.1 million |
| Pension and profit sharing plans (not the participants or government plans) | 76 | $187.6 million |
| Charitable organizations | 3 | $11.1 million |
| Other investment advisers | 8 | $5.8 million |
| Insurance companies | 1 | $4.1 million |
| Corporations or other businesses not listed above | 3 | $3.3 million |