AUMdb

Eltekon Advisors, Llc.

SEC-registered Insurance-Affiliated · Small ($100M–$1B) CRD 115371 · SEC file 801-123415 · West Lake Hills, TX · WWW.ELTEKON.COM
☆ Save with Pro ADV data as of Feb 18, 2026
Regulatory AUM
$340M
Discretionary
$335M
Clients
500
Avg AUM / client
$680K
Accounts
900
Employees
7

AUM over time

$124M $340M
Feb 8, 2022 Feb 18, 2026

Reported AUM from Form ADV filings, plotted by filing date · as of Feb 18, 2026

Who they serve

Client typeClientsAUM% of AUM
Individuals (non-high net worth) 419 $135M 39.8%
High net worth individuals 60 $180M 52.9%
Insurance companies 1 $4.8M 1.4%
Corporations and other businesses 20 $20.0M 5.88%

People (7)

roster as of Jul 20, 2026
NameRole / titleCredentialsWith firm sinceOwnership
Mark Thomas Mangum Member Jan 2001 (26y) ≈ 14.06% – 50% via Eltekon Holdings, Llc
Brent Tyler Beesley Registered Principal Feb 2004 (23y) Less than 5%
Lewis Guilbeau Registered representative Jul 2017 (9y)
Max Thomas Mangum Registered representative Dec 2020 (6y)
Trevor Matthew Sbrocco Registered representative Jul 2023 (3y)
Charles Benjamin Novy Registered representative Aug 2024 (2y)
Grant Daley Registered representative Sep 2024 (2y)

Entity owners (Schedule A/B)

EntityTitle / statusSinceSch.Ownership
Eltekon Financial, Llc Sole Member/Shareholder Jan 2001 A 75% or more
Eltekon Holdings, Llc Sole Member Jan 2001 B ≈ 56.25% – 100% via Eltekon Financial, Llc

Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.

Estimated effective ownership (look-through of filed bands):

  • Mark Thomas Mangum: 25% – 50% of Eltekon Holdings, Llc × 75% – 100% of Eltekon Financial, Llc × 75% – 100% direct ≈ 14.06% – 50% of the firm
  • Eltekon Holdings, Llc: 75% – 100% of Eltekon Financial, Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm

Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 02/18/2026 1.13 MB View · PDF · Source ↗

Archived copies of the firm's regulatory filings, versioned by content hash.

Disciplinary disclosures

No disciplinary events reported on the firm's latest Form ADV filing.

How they charge

  • Percentage of assets under management
  • Hourly charges
  • Fixed fees
  • Other fees
  • FEES THAT MAY BE A PERCENTAGE OF CLIENT GROSS INCOME/NET WORTH.

Services

  • Financial planning services
  • Portfolio management for individuals/small businesses
  • Portfolio management for businesses/institutional clients
  • Pension consulting services
  • Selection of other advisers

Custody

Reported custodians

Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).

Firm reports it does not have custody of client funds or securities (Item 9.A).

Source

All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Feb 18, 2026.

View current Form ADV (SEC/IAPD) ↗