{"url":"https://nivawealth.com/firms/elmwood-asset-management-297926","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/297926","regulatoryAum":24285364415,"crd":"297926","secFileNumber":"801-114556","legalName":"Elmwood Asset Management LLC","displayName":"Elmwood Asset Management","website":"http://www.ElmwoodAsset.com","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"575 Fifth Avenue, 34th Floor","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10017"},"tradeNames":[],"registration":{"secApproved":"31 January 2019","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":45,"advisory":21,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":24285364415,"discretionaryAccounts":52,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":100,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":52,"regulatoryAum":24285364415}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Elmwood Asset Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Brian McNamara","title":"Chief Executive Officer / President/ Chief Investment Officer","crd":"4478787"},{"name":"Ryan Brown","title":"Chief Financial Officer","crd":"7719527"},{"name":"Michael Holland","title":"General Counsel / Chief Compliance Officer","crd":"6770478"},{"name":"Katharine Dailey","title":"Chief Operations Officer","crd":"7471123"},{"name":"Patrick Frayne","title":"Manager","crd":"4424018"},{"name":"Christopher Marshall","title":"Member","crd":"7048434"}],"ownership":[{"label":"Christopher Marshall","detail":"Member in the 10% to 25% ownership band and a control person, since September 2018."},{"label":"Brian McNamara","detail":"Chief executive officer / president/ chief investment officer in the 10% to 25% ownership band and a control person, since July 2018."},{"label":"Clobber Investments LLC","detail":"Managing member in the 50% to 75% ownership band and a control person, since September 2023."},{"label":"Elliott Associates, L.P.","detail":"Indirect owner: a limited partner of Elmwood Manager Holdings L.P. in the 25% to 50% band and a control person, since May 2025.","parent":"Elmwood Manager Holdings L.P."},{"label":"Elliott International, L.P.","detail":"Indirect owner: a shareholder of Devonian Fund I, A Sub-Fund of Devonian Icav in the 75% or more band and a control person, since March 2018.","parent":"Devonian Fund I, A Sub-Fund of Devonian Icav"},{"label":"Elliott International Limited","detail":"Indirect owner: a limited partner of Elliott International, L.P. in the 75% or more band and a control person, since November 1994.","parent":"Elliott International, L.P."},{"label":"C4701 Holdings LLC","detail":"Indirect owner: a managing member of Clobber Investments LLC in the 75% or more band and a control person, since September 2023.","parent":"Clobber Investments LLC"},{"label":"Elmwood Manager Holdings L.P.","detail":"Indirect owner: a managing member of C4701 Holdings LLC in the 75% or more band and a control person, since September 2023.","parent":"C4701 Holdings LLC"},{"label":"Devonian Fund I, A Sub-Fund of Devonian Icav","detail":"Indirect owner: a limited partner of Elmwood Manager Holdings L.P. in the 50% to 75% band and a control person, since May 2025.","parent":"Elmwood Manager Holdings L.P."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"officesByState":[{"state":"New York","offices":1,"addresses":[{"street":"575 Fifth Avenue, 34th Floor","city":"New York","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"646-876-2350","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":52},"sources":{"adv1FilingDate":"4 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/297926/PDF/297926.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Elmwood Asset Management have?","answer":"Elmwood Asset Management has 52 clients and manages $24.3 billion for them, as of March 2026.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 4 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Elmwood Asset Management offer?","answer":"Elmwood Asset 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 Elmwood Asset Management have?","answer":"Elmwood Asset Management has 0 investment adviser representatives registered with state securities authorities, out of 45 employees, and 21 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 Elmwood Asset Management?","answer":"Elmwood Asset Management is owned through a chain of holding companies by Elliott Associates, L.P. and Elliott International Limited. Its direct owners are Christopher Marshall (10% to 25%), Brian McNamara (10% to 25%) and Clobber Investments LLC (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 4 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Elmwood Asset Management get paid?","answer":"Elmwood Asset 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"}}],"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 Wealth 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."}