Eltekon Advisors, LLC
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Learn more about Eltekon Advisors, LLC
Overview
Eltekon Advisors, LLC operates as a financial advisor firm that has its headquarters in Austin, Texas. The firm oversees $144.0 million in assets across 400 client accounts, placing it in the mid-tier of investment advisory firms in the country by assets under management (AUM). Eltekon Advisors, LLC has a small team, including 4 financial advisors. Eltekon Advisors, LLC does not act as a registered broker-dealer, meaning the advisor cannot buy and sell securities for its accounts and those of its clients and instead has to go through a broker-dealer firm to do so. Securities are defined as tradable financial assets such as options, stocks and bonds.
Eltekon Advisors, LLC manages some of the firm's client assets in a discretionary manner. Discretionary management means that a portfolio manager makes buy and sell decisions without needing the customer's consent. The firm also manages 350 non-discretionary accounts totaling $114.0 million in assets. The company supervises about $360,000 in assets for each client account. The typical financial advisor at Eltekon Advisors, LLC oversees around 100 client accounts.
The firm's central office is at 3839 Bee Caves Rd, Austin, Texas 78746. The firm is legally allowed to serve investors throughout a number of states, including Florida, Louisiana and Texas.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Eltekon Advisors, LLC by the Numbers
![](https://d31s10tn3clc14.cloudfront.net/imgs/falc/assets@2x.png)
$144.0 million
![](https://d31s10tn3clc14.cloudfront.net/imgs/falc/employees@2x.png)
5
![](https://d31s10tn3clc14.cloudfront.net/imgs/falc/accounts@2x.png)
400
![](https://d31s10tn3clc14.cloudfront.net/imgs/falc/account-size@2x.png)
$360.0 thousand
Products and Services
Eltekon Advisors, LLC offers a number of financial services, including financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, pension consulting services and selection of other advisers. In the past financial year, the firm provided financial planning services to 1-10 of its accounts. The company is involved in selling products or offering services aside from investment advice to its customers. It is affiliated with one or more other service providers in the financial services industry, including with an insurance company or agency.
Core Advisor Services
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Offered by 31% of firms
Financial Planning Services
This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.
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Offered by 46% of firms
Portfolio Management
This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.
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Find a firm that offers this service
Market Timing Services
This is the practice of attempting to make short-term profits on investments by buying low and selling high.
Other Services
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Offered by 20% of firms
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
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Publication of Periodicals
This is the publication of various financial education materials.
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Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
Financial management fees are based on the type of services provided. Fee types charged by the firm most likely include the following fee structures: asset-based, hourly, fixed or other. The firm does participate in a wrap fee program, in which the firm offers a bundle of services for a single fee.
Available
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Offered by 69% of firms
Percentage of Assets
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Offered by 21% of firms
Hourly
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Offered by 32% of firms
Fixed
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Offered by 10% of firms
Other
Unavailable
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Find one of the 1% of firms that offer this fee type
Commissions
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Find one of the 26% of firms that offer this fee type
Performance-based
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Find one of the 0% of firms that offer this fee type
Subscription
Types of Clients
The firm works with retail investors, high net worth investors, insurance companies and corporations. Out of its 400 clients, Eltekon Advisors, LLC's largest client group is retail investors, though it also caters to 30 high-net-worth individuals. The SEC defines a high-net-worth individual as an individual who has at least $750,000 in AUM or a net worth of at least $1.50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments). None of its clients are non-U.S. persons.
- High-Net-Worth Individuals* - 9.49%
- Other Individuals - 88.61%
- Corporations - 1.9%
- Charitable Organizations - 0%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
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Disclosures
Eltekon Advisors, LLC does not have any disclosures.
Please visit its Form ADV for more details.
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Financial Advisors at Eltekon Advisors, LLC
Austin, TX
Austin, TX
Austin, TX
Austin, TX
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