{"url":"https://nivawealth.com/firms/elm-ridge-management-154508","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/154508","regulatoryAum":155059753,"crd":"154508","history":[{"filedOn":"2024-03-20","regulatoryAum":148825317,"clients":1,"employees":2,"offices":1},{"filedOn":"2025-03-18","regulatoryAum":126505045,"clients":1,"employees":2,"offices":1},{"filedOn":"2026-03-20","regulatoryAum":155059753,"clients":1,"employees":2,"offices":1}],"secFileNumber":"801-128476","legalName":"Elm Ridge Management, LLC","displayName":"Elm Ridge Management","slug":"elm-ridge-management-154508","website":"https://elmridgemanagement.com/","classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"298 Scarborough RD","city":"Briarcliff Manor","state":"NY","stateName":"New York","country":"United States","postalCode":"10510"},"tradeNames":[],"registration":{"secApproved":"28 September 2023","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":155059753,"discretionary":155059753,"discretionaryAccounts":1,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":1,"regulatoryAum":155059753}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Elm Ridge Management has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Sheetal Acharekar","title":"Chief Compliance Officer/Portfolio Manager","crd":"4590981"},{"name":"Ronald Gutfleish","title":"Managing Member/Portfolio Manager","crd":"1668981"}],"ownership":[{"label":"Ronald Gutfleish","detail":"Managing member/portfolio manager in the 75% or more ownership band and a control person, since June 2006."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"New York","offices":1,"addresses":[{"street":"298 Scarborough RD","city":"Briarcliff Manor","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"914-250-1000","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":1},"sources":{"adv1FilingDate":"20 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/154508/PDF/154508.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Elm Ridge Management have?","answer":"Elm Ridge Management has 1 client and manages $155 million for them, as of March 2026. They include 1 pooled investment vehicle.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 20 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Elm Ridge Management offer?","answer":"Elm Ridge Management provides portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Elm Ridge Management have?","answer":"Elm Ridge Management has 0 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Elm Ridge Management?","answer":"Elm Ridge Management’s direct owner is Ronald Gutfleish (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 20 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Elm Ridge Management get paid?","answer":"Elm Ridge Management is paid through a percentage of assets under management and performance-based fees. 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Elm Ridge Management?","answer":"Elm Ridge Management’s main office is at 298 Scarborough RD, Briarcliff Manor, NY 10510. Its phone number is 914-250-1000. Its website is elmridgemanagement.com.","source":"Form ADV Part 1A, Item 1.F, filed 20 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}