ELCO Management Company, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$214,542,545
Clients
144
Advisors
6
of 7 employees
About
ELCO Management Company, LLC provides discretionary portfolio management to individual and high‑net‑worth clients, charitable organizations and retirement plans through separately managed accounts and as adviser and general partner to a private pooled vehicle, ELCO Select Fund, L.P. The firm’s brochure describes services focused on investment management and pooled‑vehicle oversight rather than offering financial planning services.
EMC combines fundamental and technical (including charting and cyclical) analysis across long‑term, short‑term and trading strategies and routinely uses options, short selling and margin or leverage where appropriate. For several sector‑focused SMAs (financial services, life sciences, water and energy infrastructure) EMC contracts sub‑advisors to provide day‑to‑day portfolio management under EMC oversight and shares fees with those sub‑advisors.
Noteworthy distinctions from many peers include its role as a private fund adviser that accepts performance‑based compensation for the Fund and certain SMAs (with performance measured relative to prior results), sponsorship of a wrap‑fee SMA program, and procedures that permit some accounts to participate in IPO allocations via prime‑brokerage setups. The firm also discloses regular performance reporting to investors and documents the use of derivatives and borrowing in certain separately managed accounts, practices that are less common among similarly sized team firms.
Client services
Expertise
Occupation focus
Fee options
$0 - $100,000: Fixed fee ranging generally $50 to $500 annually $100,001+: 0.20% - 1.60% for NFSMAs Not specified+: 1.50% for ELCO Select Fund, L.P. and SMAs
Typically 20% of net profits above the previous high water mark for Fund, FS SMAP, WO SMAP, II SMAP, and LS SMAP; NFSMAs do not pay performance-based fees.
Account minimum: $500,000 Minimum fee: Annual fixed fees generally range between $50 and $500 for accounts under $100,000.
Main office
369 Lexington Avenue, 3rd Floor
New York NY 10017
Advisors at this office
6
Most active in
California · Connecticut · Florida · Louisiana · New Jersey · New York · Pennsylvania · Texas
Also doing business as
Elco Management Co., LLC · Elco Management Company, LLC · Elco Partners, LLC (Relying Adviser)
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
James E
CFA®, Series 63
New York, NY
ELCO Management Company, LLC
James Elliot is a CFA® charterholder with 28 years of experience in the financial industry. He has been with ELCO Management Company, LLC in New York, NY, since 1995. ELCO Management Company, LLC provides discretionary portfolio management to individual and high-net-worth clients, charitable organizations, and retirement plans through separately managed accounts and as adviser and general partner to a private pooled vehicle. The firm combines fundamental and technical analysis across multiple strategies and employs options, short selling, and leverage where appropriate.
Maurice F
Series 65
New York, NY
ELCO Management Company, LLC
Maurice Frank is a financial advisor at ELCO Management Company, LLC with three years of industry experience and holds the Series 65 designation. He has been associated with Maurice Frank and Company since 1997. ELCO Management Company, LLC serves individual and high-net-worth investors, charitable organizations, and pension and profit-sharing plans through discretionary portfolio management, separately managed accounts, and private pooled vehicles. The firm employs a combination of fundamental and technical analysis with long/short, trading, and cyclical strategies, and utilizes options, short selling, and leverage as part of its investment approach.
Paul E
CFA®, Series 63
New York, NY
ELCO Management Company, LLC
Paul Elliot is a CFA® charterholder with 47 years of industry experience. He has been with ELCO Management Company, LLC since 1995 and worked previously at Bruderman Brothers, LLC. Based in New York, he holds the Series 63 designation. ELCO Management Company, LLC provides discretionary portfolio management to individual and high-net-worth clients, charitable organizations, and retirement plans. The firm employs a combination of fundamental and technical analysis across various strategies and manages private pooled vehicles and separately managed accounts.
Ronald G
Series 63, Series 65
New York, NY
ELCO Management Company, LLC
Ronald Geffen is a financial advisor at ELCO Management Company, LLC with 42 years of industry experience. He holds Series 63 and Series 65 designations and previously worked at RMB Capital Management and Revere Securities LLC. He has been with ELCO since 2019. ELCO Management Company, LLC provides discretionary portfolio management to individuals, high-net-worth clients, charitable organizations, and retirement plans through separately managed accounts and a private pooled vehicle. The firm employs a combination of fundamental and technical analysis, including options and leverage strategies, and oversees sub-advisors for sector-focused portfolios.
Paul D
Series 65, Series 66
New York, NY
ELCO Management Company, LLC
Paul Doran is a financial advisor at ELCO Management Company, LLC with 13 years of industry experience. He holds Series 65 and Series 66 licenses and has been with ELCO Management since 2007. Outside of his advisory role, he has served the Town of Babylon since 1996. ELCO Management Company, LLC provides discretionary portfolio management to individual and high-net-worth clients, charitable organizations, and retirement plans. The firm utilizes a combination of fundamental and technical analysis and manages both separately managed accounts and a private pooled vehicle, ELCO Select Fund, L.P.
Mayra S
Series 65, Series 66
New York, NY
ELCO Management Company, LLC
Mayra Santos is a financial advisor at ELCO Management Company, LLC in New York, NY, holding Series 65 and 66 licenses with 18 years of industry experience. She has been with ELCO since 2004. ELCO Management Company, LLC provides discretionary portfolio management to individuals, high-net-worth clients, charitable organizations, and retirement plans through separately managed accounts and a private pooled vehicle. The firm employs a combination of fundamental and technical analysis across various investment strategies and utilizes options, short selling, and leverage where appropriate.
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