Black Elm Advisers, LLC

Overview

Black Elm Advisers, LLC is a small, privately owned advisory firm focused on portfolio management for individuals and small businesses, with some institutional client relationships. The firm charges both a percentage-of-assets fee and may collect performance-based fees, indicating it runs active, outcome-driven mandates in addition to traditional advisory models. Investment activity centers on exchange-traded equities and mutual funds as core public-market exposures, while the firm also sponsors and acts as general partner or managing member for pooled investment vehicles, signaling direct involvement in private or pooled strategies. Black Elm is not positioned as an ESG-focused manager and does not present itself as a multi-state SEC adviser. Given the mix of fee types and the sponsor/GP role, Black Elm appears to blend discretionary portfolio management for individual clients with selective private placements or pooled vehicles where it can exert more control over structure and economics. The firm's use of performance fees suggests concentrated or specialized strategies may form part of certain client mandates or pooled vehicles.

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Public Holdings

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Location & Offices