Elite Wealth Management, Inc.
- Regulatory AUM
- $861M
- Discretionary
- $861M
- Clients
- 469
- Avg AUM / client
- $1.8M
- Accounts
- 1,510
- Employees
- 5
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Investments (13F portfolio — 49 positions, $308,039,189)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Microsoft Corp | COM | $87,463,733 | 236,280 | 28.4% | 10.2% |
| 2 | Nvidia Corporation | COM | $35,406,576 | 203,019 | 11.5% | 4.11% |
| 3 | Alphabet Inc | CAP STK CL A | $26,458,325 | 92,010 | 8.59% | 3.07% |
| 4 | Amazon Com Inc | COM | $20,299,244 | 97,466 | 6.59% | 2.36% |
| 5 | Meta Platforms Inc | CL A | $12,327,718 | 21,547 | 4.0% | 1.43% |
| 6 | Broadcom Inc | COM | $10,860,827 | 35,090 | 3.53% | 1.26% |
| 7 | Apple Inc | COM | $10,776,872 | 42,464 | 3.5% | 1.25% |
| 8 | Palantir Technologies Inc | CL A | $9,645,557 | 65,939 | 3.13% | 1.12% |
| 9 | Global X Fds | GLOBAL X SILVER | $9,585,930 | 106,416 | 3.11% | 1.11% |
| 10 | Spdr Gold Tr | GOLD SHS | $9,563,626 | 22,226 | 3.1% | 1.11% |
| 11 | Chubb Ltd Switz | COM | $7,981,374 | 24,488 | 2.59% | 0.93% |
| 12 | Howmet Aerospace Inc | COM | $7,021,722 | 30,468 | 2.28% | 0.82% |
| 13 | Agnico Eagle Mines Ltd | COM | $5,365,370 | 26,433 | 1.74% | 0.62% |
| 14 | Royal Bk Cda | COM | $5,244,260 | 32,416 | 1.7% | 0.61% |
| 15 | Celestica Inc | COM | $5,084,887 | 18,052 | 1.65% | 0.59% |
| 16 | Kla Corp | COM NEW | $4,632,272 | 3,146 | 1.5% | 0.54% |
| 17 | Ishares Inc | MSCI STH KOR ETF | $4,436,110 | 36,063 | 1.44% | 0.52% |
| 18 | Philip Morris Intl Inc | COM | $4,270,236 | 25,827 | 1.39% | 0.5% |
| 19 | Ishares Tr | ASIA 50 ETF | $4,169,254 | 39,277 | 1.35% | 0.48% |
| 20 | Alphabet Inc | CAP STK CL C | $3,516,617 | 12,259 | 1.14% | 0.41% |
| 21 | Select Sector Spdr Tr | STATE STREET TEC | $3,218,838 | 24,220 | 1.04% | 0.37% |
| 22 | Advanced Micro Devices Inc | COM | $2,544,096 | 12,506 | 0.83% | 0.3% |
| 23 | Caterpillar Inc | COM | $1,822,159 | 2,572 | 0.59% | 0.21% |
| 24 | Entergy Corp New | COM | $1,467,197 | 13,058 | 0.48% | 0.17% |
| 25 | Gilead Sciences Inc | COM | $1,458,925 | 10,468 | 0.47% | 0.17% |
Top 25 of 49 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 291 | $90.4M | 10.5% |
| High net worth individuals | 174 | $770M | 89.4% |
| Other investment advisers | 4 | $786K | 0.09% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Skywest, Inc. Employees' Retirement Plan Skywest, Inc. | 2024 |
People (2)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Ali Reza Memaran Dadgar | Chief Executive Officer | Jul 2023 (3y) | 75% or more | |
| Terry L Thomason | Registered representative | Jul 2025 (1y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
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.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Skywest, Inc. Employees' Retirement Plan | Skywest, Inc. | 15,517 | $1.4B | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 1.12 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
This firm answered "yes" to a disciplinary item on its latest filing. Detailed disclosure pages for this filing have not been imported yet — see the source filing below.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for individuals/small businesses
- • Selection of other advisers
Custody
Reported custodians
- Interactive Brokers $400M (46% of AUM) Mar 2026
- Charles Schwab & Co. $336M (39% of AUM) Mar 2026
- E*TRADE (Morgan Stanley) $51.3M (14% of AUM) Jul 2019
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: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗