Elevate Capital Advisors provides financial planning, portfolio management for individuals and small businesses, and pension consulting. Financial planning was provided to 101–250 clients last fiscal year.
Elevate Capital Advisors reports 210 clients. They include 118 individual clients, 82 high-net-worth individuals, and 6 corporations and other businesses. Of its assets, 96.0% ($176M across 540 accounts) are managed with discretion; $7.31M across 26 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 56% | 22% |
| High-net-worth individuals | 39% | 76% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | 3% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 118 | $40.5M | 22.1% | $343K |
| High-net-worth individuals | 82 | $140M | 76.2% | $1.7M |
| Pension and profit-sharing plans | Fewer than 5 | $823K | 0.4% | $411K |
| Charitable organizations | Fewer than 5 | $1.52M | 0.8% | $758K |
| Corporations and other businesses | 6 | $849K | 0.5% | $142K |
| Total | 210 | $183M | 100% | — |
- Clients
- 118
- Regulatory AUM
- $40.5M
- AUM share
- 22.1%
- Avg. per client
- $343K
- Clients
- 82
- Regulatory AUM
- $140M
- AUM share
- 76.2%
- Avg. per client
- $1.7M
- Clients
- Fewer than 5
- Regulatory AUM
- $823K
- AUM share
- 0.4%
- Avg. per client
- $411K
- Clients
- Fewer than 5
- Regulatory AUM
- $1.52M
- AUM share
- 0.8%
- Avg. per client
- $758K
- Clients
- 6
- Regulatory AUM
- $849K
- AUM share
- 0.5%
- Avg. per client
- $142K
Total
- Clients
- 210
- Regulatory AUM
- $183M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Elevate Capital Advisors is paid through a percentage of assets under management, hourly charges, fixed fees (other than subscription fees), performance-based fees and other compensation. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning
- Financial planning is billed hourly at up to $500, or as a negotiated fixed fee with 50% paid in advance.
- Pension Consulting
- Pension consulting is a negotiated annual percentage of plan assets, generally about 0.25% and not more than 1.00%.
Shane Fleury owns 50% to 75% of Elevate Capital Advisors. The leadership team of Elevate Capital Advisors includes Chief Compliance Officer Kenneth Armstrong. It has 6 employees, 5 of them in advisory roles.
Leadership
Kenneth ArmstrongManaging Member/ Chief Compliance Officer
Shane FleuryManaging Member
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
Staff
- 6 employees
- 5 in advisory functions
- 5 state-registered reps
- 3 insurance agents
- Owns 50% to 75% of Elevate Capital Advisors, Inc.
Shane Fleury
Control person · since March 2017
- Owns 50% to 75% of Elevate Capital Advisors, Inc.
Kenneth Armstrong
Control person · since March 2017
Elevate Capital Advisors’ regulatory assets grew from $127M (March 2021) to $183M (September 2026); clients rose from 150 to 210 and employees were 6 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $183M | 210 | 6 | 1 |
| June 2025 | $156M | 215 | 6 | 1 |
| March 2024 | $140M | 236 | 6 | 1 |
| March 2023 | $119M | 227 | 5 | 1 |
| March 2022 | $114M | 175 | 5 | 1 |
| March 2021 | $127M | 150 | 6 | 1 |
Besides its headquarters, Elevate Capital Advisors has 0 offices, with 1 listed address in Colorado.
Colorado · 1 listed address
- 313 Chambers Ave., Suite D, EagleHQ
Contact and registration details
- Legal name
- Elevate Capital Advisors, Inc.
- Headquarters
- 313 Chambers Ave., Suite D, Eagle, CO 81631
- Website
- elevatecapitaladvisors.com
- Phone
- 970-328-7526
- @elevate-capital-advisors
- SEC file
- 801-119997
- Structure
- Colorado corporation
- Fiscal year end
- December
Elevate Capital Advisors uses Charles Schwab ($183M) as custodian for its separately managed accounts. Elevate Capital Advisors has custody of $50.4M in client assets for 85 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $183M100%
At year end, Elevate Capital Advisors’ separately managed accounts were mostly in stocks (65%) and funds (25%). Its reported 13F holdings for the quarter ended 30 June 2026 total $182M across 77 positions; the largest are iShares TR (11.1%), iShares TR (10.6%) and PNC Finl Svcs Group Inc. (8.4%).
What the accounts hold
- Stocks65%
- Funds25%
- Bonds8%
- Cash2%
Reported 13F holdings
- $182M
- Reported 13F value
- 77
- Positions
- 54.4%
- In the 10 largest
- +17.6%
- Value vs. prior quarter
- iShares TR · Ishs 1-5yr Invs11.1%
- iShares TR · 1 3 YR Treas BD10.6%
- PNC Finl Svcs Group Inc.8.4%
- iShares TR · 0-3 Mth Treasury5.4%
- Sprott Asset Management LP · Physical Gold TR4.0%
- Franco Nev Corp.3.3%
- Axis Cap Hldgs Ltd3.0%
- Berkley W R Corp.2.9%
- Arch Cap Group Ltd2.9%
- Travelers Companies Inc.2.8%
Together, the ten largest are 54.4% of reported value.
How many clients does Elevate Capital Advisors have?
Elevate Capital Advisors has 210 clients and manages $183 million for them, as of September 2026. They include 118 individual clients, 82 high-net-worth individuals, and 6 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 September 2026
What services does Elevate Capital Advisors offer?
Elevate Capital Advisors provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Elevate Capital Advisors use?
Elevate Capital Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $183M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 September 2026
How many financial advisors does Elevate Capital Advisors have?
Elevate Capital Advisors has 5 investment adviser representatives registered with state securities authorities, out of 6 employees, and 5 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 3 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Elevate Capital Advisors invest in?
At the end of its last fiscal year, Elevate Capital Advisors’ separately managed accounts held 65% exchange-traded equities, 25% registered funds (mutual funds, ETFs, BDCs), 8% U.S. government and agency bonds and 2% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Elevate Capital Advisors?
Elevate Capital Advisors’ direct owners are Shane Fleury (50% to 75%) and Kenneth Armstrong (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 1 September 2026
How does Elevate Capital Advisors get paid?
Elevate Capital Advisors is paid through a percentage of assets under management, hourly charges, fixed fees, performance-based fees and other compensation. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Elevate Capital Advisors?
Elevate Capital Advisors’ main office is at 313 Chambers Ave., Suite D, Eagle, CO 81631. Its phone number is 970-328-7526. Its website is elevatecapitaladvisors.com.