Elevation Wealth Partners provides financial planning, portfolio management for individuals and small businesses, education planning, estate planning, insurance, tax planning, and tax preparation. Financial planning was provided to 1–10 clients last fiscal year.
Elevation Wealth Partners reports 325 clients. They include 155 high-net-worth individuals, 128 individual clients, and 24 pension and profit-sharing plans. Of its assets, 99.7% ($669M across 992 accounts) are managed with discretion; $1.91M across 8 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 39% | 8% |
| High-net-worth individuals | 48% | 90% |
| Pension and profit-sharing plans | 7% | 3% |
| Charitable organizations | 6% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 128 | $50.5M | 7.5% | $395K |
| High-net-worth individuals | 155 | $601M | 89.6% | $3.88M |
| Pension and profit-sharing plans | 24 | $19M | 2.8% | $794K |
| Charitable organizations | 18 | $476K | 0.1% | $26.4K |
| Total | 325 | $671M | 100% | $2.06M |
- Clients
- 128
- Regulatory AUM
- $50.5M
- AUM share
- 7.5%
- Avg. per client
- $395K
- Clients
- 155
- Regulatory AUM
- $601M
- AUM share
- 89.6%
- Avg. per client
- $3.88M
- Clients
- 24
- Regulatory AUM
- $19M
- AUM share
- 2.8%
- Avg. per client
- $794K
- Clients
- 18
- Regulatory AUM
- $476K
- AUM share
- 0.1%
- Avg. per client
- $26.4K
Total
- Clients
- 325
- Regulatory AUM
- $671M
- AUM share
- 100%
- Avg. per client
- $2.06M
- 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
- 1–10
Elevation Wealth Partners charges 0.35%–1.00% a year for its Advisory Services. Each asset band is charged at its own rate. The fee is billed in advance and has a $10,000 annual minimum.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.00% |
| $1M–$2M | 0.90% |
| $2M–$5M | 0.70% |
| $5M–$10M | 0.50% |
| $10M and above | 0.35% |
Fee details and sources
Barry Mendelson owns 75% or more of Elevation Wealth Partners. The leadership team of Elevation Wealth Partners includes Chief Compliance Officer Andrew Kirchner. It has 8 employees, 6 of them in advisory roles.
Leadership
- Andrew KirchnerChief Compliance Officer
- Barry MendelsonManaging Member/Principal
Investment adviser representatives
6 representatives listed in the SEC register as of 9 October 2026.
Staff
- 8 employees
- 6 in advisory functions
- 6 state-registered reps
- Owns 75% or more of Elevation Wealth Partners, LLC
Barry Mendelson
Control person · since July 2014
Elevation Wealth Partners’ regulatory assets grew 2.8× from $240M (June 2021) to $671M (August 2026); clients rose from 159 to 325 and employees from 6 to 8. In 2014, Elevation Wealth Management (Barry Mendelson) joined it.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $671M | 325 | 8 | 3 |
| April 2025 | $582M | 332 | 10 | 2 |
| June 2024 | $485M | 294 | 9 | 3 |
| March 2023 | $271M | 227 | 6 | 3 |
| March 2022 | $284M | 249 | 7 | 2 |
| June 2021 | $240M | 159 | 6 | 2 |
Firms that joined
20141 joined
- Elevation Wealth Management (Barry Mendelson)No filed AUM
Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.
Besides its headquarters, Elevation Wealth Partners has 2 offices, with 3 listed addresses in California.
California · 3 listed addresses
- 2121 North California BLVD, Suite 290, Walnut CreekHQ
- 1300 First St, Napa
- 3843 Brickway BLVD, Santa Rosa
Contact and registration details
- Legal name
- Elevation Wealth Partners, LLC
- Headquarters
- 2121 North California BLVD, Suite 290, Walnut Creek, CA 94596
- Website
- elevationwp.com
- Phone
- 925-962-5600
- SEC file
- 801-81152
- Founded
- 1999
- Structure
- California LLC
- Fiscal year end
- December
Elevation Wealth Partners uses Charles Schwab ($669M) as custodian for its separately managed accounts. Elevation Wealth Partners does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $669M100%
At year end, Elevation Wealth Partners’ separately managed accounts were largely in funds (47%) and stocks (43%). Its reported 13F holdings for the quarter ended 30 June 2026 total $334M across 1,305 positions; the largest are iShares TR (10.7%), Schwab Strategic TR (7.0%) and iShares TR (6.7%).
What the accounts hold
- Stocks43%
- Funds47%
- Bonds5%
- State and local bonds3%
- U.S. government and agency bonds1%
- Investment grade corporate bonds1%
- Cash5%
Reported 13F holdings
- $334M
- Reported 13F value
- 1,305
- Positions
- 45.9%
- In the 10 largest
- +19.6%
- Value vs. prior quarter
- iShares TR · Core Univrsl Usd10.7%
- Schwab Strategic TR · Fundamental US L7.0%
- iShares TR · Core S&P US Gwt6.7%
- American Centy ETF TR · Intl EQT ETF4.8%
- Schwab Strategic TR · US Lrg Cap ETF3.5%
- American Centy ETF TR · Avantis Emgmkt3.2%
- Vanguard Index Fds · Mid Cap ETF3.1%
- Apple Inc.2.4%
- Alphabet Inc. · Cap Stk CL A2.3%
- iShares TR · Core S&P Scp ETF2.2%
Together, the ten largest are 45.9% of reported value.
How many clients does Elevation Wealth Partners have?
Elevation Wealth Partners has 325 clients and manages $671 million for them, as of August 2026. They include 155 high-net-worth individuals, 128 individual clients, and 24 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 August 2026
What services does Elevation Wealth Partners offer?
Elevation Wealth Partners provides financial planning, portfolio management for individuals and small businesses, education planning, estate planning, insurance, tax planning, and tax preparation.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Elevation Wealth Partners charge?
Elevation Wealth Partners charges 0.35%–1.00% a year for its Advisory Services. Each asset band is charged at its own rate. The fee is billed in advance and has a $10,000 annual minimum.
Source: ELEVATION FORM ADV PART 2A & B BROCHURE (2026), filed 26 August 2026
Which custodians does Elevation Wealth Partners use?
Elevation Wealth Partners’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $669M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 August 2026
How many financial advisors does Elevation Wealth Partners have?
Elevation Wealth Partners has 6 investment adviser representatives registered with state securities authorities, out of 8 employees, and 6 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Elevation Wealth Partners invest in?
At the end of its last fiscal year, Elevation Wealth Partners’ separately managed accounts held 47% registered funds (mutual funds, ETFs, BDCs), 43% exchange-traded equities, 5% cash and equivalents, 3% state and local bonds, 1% U.S. government and agency bonds and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Elevation Wealth Partners?
Elevation Wealth Partners’ direct owner is Barry Mendelson (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 26 August 2026
How does Elevation Wealth Partners get paid?
Elevation Wealth Partners is paid through a percentage of assets under management. 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
Is Elevation Wealth Partners registered with the SEC?
Yes, Elevation Wealth Partners has been registered with the SEC as an investment adviser since 17 March 2015. Its CRD number is 123971 and its SEC file number is 801-81152.
Source: Form ADV Part 1A, Item 1, filed 26 August 2026; IAPD firm record
How do I contact Elevation Wealth Partners?
Elevation Wealth Partners’ main office is at 2121 North California BLVD, Suite 290, Walnut Creek, CA 94596. Its phone number is 925-962-5600. Its website is elevationwp.com.