Elevated Capital Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, pension consulting, selecting other managers, publishing newsletters, and educational seminars. Financial planning was provided to 1,000 clients last fiscal year.
Elevated Capital Advisors reports 1,007 clients. They include 878 individual clients, 128 high-net-worth individuals and 1 corporate or other business client. Of its assets, 99.0% ($494M across 2,406 accounts) are managed with discretion; $5.05M across 22 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 87% | 50% |
| High-net-worth individuals | 13% | 49% |
| Pension and profit-sharing plans | Fewer than 5 | <1% |
| Corporations and other businesses | <1% | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 878 | $251M | 50.3% | $286K |
| High-net-worth individuals | 128 | $246M | 49.3% | $1.92M |
| Pension and profit-sharing plans | Fewer than 5 | $2M | 0.4% | — |
| Corporations and other businesses | 1 | $104K | 0.0% | $104K |
| Total | 1,007 | $499M | 100% | — |
- Clients
- 878
- Regulatory AUM
- $251M
- AUM share
- 50.3%
- Avg. per client
- $286K
- Clients
- 128
- Regulatory AUM
- $246M
- AUM share
- 49.3%
- Avg. per client
- $1.92M
- Clients
- Fewer than 5
- Regulatory AUM
- $2M
- AUM share
- 0.4%
- Avg. per client
- —
- Clients
- 1
- Regulatory AUM
- $104K
- AUM share
- 0.0%
- Avg. per client
- $104K
Total
- Clients
- 1,007
- Regulatory AUM
- $499M
- 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
- 1000
Elevated Capital Advisors is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). 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 and Consulting
- Hourly or fixed-fee; each adviser sets the hourly rate within a range ECA prescribes, stated in the agreement. The brochure gives no figure.
- Retirement Plan Services
- For ERISA plan sponsors, fees may not exceed 1.25%; the schedule follows the plan sponsor’s agreement with the recordkeeper.
Sean Lee owns 50% to 75% of Elevated Capital Advisors. The leadership team of Elevated Capital Advisors includes Chief Compliance Officer Elton Wilcox. It has 30 employees, 19 of them in advisory roles.
Staff
- 30 employees
- 19 in advisory functions
- 20 state-registered reps
- 22 insurance agents
- Owns 50% to 75% of Elevated Capital Advisors, LLC
Sean Lee
Control person · since May 2015
- Owns 50% to 75% of Elevated Capital Advisors, LLC
Scott Dougan
Control person · since January 2017
- Owns 50% to 75% of Elevated Capital Advisors, LLC
SPL Financial, LLC
Control person · since June 2012
- Owns 50% to 75% of Elevated Capital Advisors, LLC
Global Plains Advisory Group, LLC
Control person · since January 2003
Elevated Capital Advisors’ regulatory assets grew 1.7× from $287M (July 2021) to $499M (March 2026); clients rose from 854 to 1,007 and employees from 8 to 30.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $499M | 1,007 | 30 | 11 |
| Mar 2025March 2025 | $433M | 1,031 | 23 | 1 |
| Mar 2024March 2024 | $375M | 1,052 | 10 | 1 |
| Mar 2023March 2023 | $312M | 921 | 8 | 1 |
| Jul 2022July 2022 | $368M | 881 | 7 | 1 |
| Jul 2021July 2021 | $287M | 854 | 8 | 1 |
Besides its headquarters, Elevated Capital Advisors has 10 offices (7 private residences, listed without an address), with 4 listed addresses across 4 states.
Florida · 1 listed address
- 500 E Broward BLVD, Suite 900, FT. Lauderdale
Kansas · 1 listed address
- 5200 W 94th Terrace Suite 208, Prairie Village
Pennsylvania · 1 listed address
- 196 W Ashland St, Doylestown
Utah · 1 listed address
- 11925 South 700 East, DraperHQ
Contact and registration details
- Legal name
- Elevated Capital Advisors, LLC
- Headquarters
- 11925 South 700 East, Draper, UT 84020
- Website
- elevateyourplanning.com
- Phone
- 385-237-3338
- @elevated-capital-advisors-llc
- SEC file
- 801-110864
- Structure
- Utah LLC
- Fiscal year end
- December
Elevated Capital Advisors’ named custodian for separately managed accounts is Fidelity ($430M). Elevated Capital Advisors does not have custody of client assets.
- FidelityFidelity Brokerage Services LLC · Cincinnati, OH · $430M100%
At year end, Elevated Capital Advisors’ separately managed accounts were mostly in stocks (92%).
What the accounts hold
- Stocks92%
- Exchange-traded equities54%
- Non-exchange-traded equities38%
- Funds2%
- Cash6%
How many clients does Elevated Capital Advisors have?
Elevated Capital Advisors has 1,007 clients and manages $499 million for them, as of March 2026. They include 878 individual clients, 128 high-net-worth individuals and 1 corporate or other business client.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 17 March 2026
What services does Elevated Capital Advisors offer?
Elevated Capital Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, pension consulting, selecting other managers, publishing newsletters, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Elevated Capital Advisors use?
Elevated Capital Advisors’ separately managed account assets are held at Fidelity Brokerage Services LLC (Cincinnati, OH), with $430M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 March 2026
How many financial advisors does Elevated Capital Advisors have?
Elevated Capital Advisors has 20 investment adviser representatives registered with state securities authorities, out of 30 employees, and 19 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 22 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 Elevated Capital Advisors invest in?
At the end of its last fiscal year, Elevated Capital Advisors’ separately managed accounts held 54% exchange-traded equities, 38% non-exchange-traded equities, 6% cash and equivalents and 2% registered funds (mutual funds, ETFs, BDCs).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Elevated Capital Advisors?
Elevated Capital Advisors’ direct owners are Sean Lee (50% to 75%), Scott Dougan (50% to 75%), SPL Financial, LLC (50% to 75%) and Global Plains Advisory Group, LLC (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 17 March 2026
How does Elevated Capital Advisors get paid?
Elevated Capital Advisors is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees 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 Elevated Capital Advisors?
Elevated Capital Advisors’ main office is at 11925 South 700 East, Draper, UT 84020. Its phone number is 385-237-3338. Its website is elevateyourplanning.com.
