West Elk Capital, LLC (Atlanta)

West Elk Capital, LLC is a related adviser based in Atlanta. It manages $47 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Georgia.

West Elk Capital provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

West Elk Capital: assets under management

The assets under management (AUM) of West Elk Capital, LLC is $47 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 53% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $47 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $47 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay West Elk Capital, LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients West Elk Capital serves?

The only and largest group of clients of West Elk Capital is pooled investment vehicles with 1 clients and $47 million of assets under management. Among the 4 most similar advisory firms, West Elk Capital has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $47 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

West Elk Capital also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at West Elk Capital, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jason S Joffe	Manager, cco	1 Nov 2017	50% - 75%	4270351
Morgan Anthony Duke	Manager	1 Nov 2017	50% - 75%	6913612

Based in Atlanta

The principal office where West Elk Capital, LLC performs its advisory services is located at 1175 Peachtree Street Ne, Atlanta, GA 30361, which is also the mailing address of the firm. An additional office of the firm is in Irvington, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 404-551-3551. The normal business hours are 9:00am - 5:00pm on Monday - Friday.