Elemental Capital Management, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Elemental Capital Management, LLC provides discretionary investment management and broader wealth management services to individuals (including high-net-worth clients), trusts, estates, qualified retirement plans, charitable organizations, and businesses. The firm coordinates with clients’ tax, insurance, and legal advisors as part of its wealth management offering and does not participate in wrap fee programs.
Investment decisions are driven by a bottom‑up, fundamental process that begins with a proprietary screening model and culminates in subjective valuation judgments; its equity Skyline strategy is relatively concentrated and typically holds about 20 positions, while its Blue Ridge strategy blends equities and fixed income against a 60/40 S&P 500/Barclays U.S. Aggregate benchmark. Elemental generally manages portfolios on a discretionary basis, may use mutual funds or ETFs for smaller accounts, and applies a $500,000 minimum for investment management services.
The firm is notable among peers for advertising performance results, a practice relatively rare for advisers of this size and structure, and it manages client assets internally rather than selecting third‑party managers. Elemental documents trade‑error procedures, has adopted the CFA Asset Manager Code of Professional Conduct, and recommends a major qualified custodian for client accounts while disclosing related conflicts of interest.
Client services
Expertise
Fee options
$0 - $2,000,000: 2.00% $2,000,001 - $5,000,000: 1.00% $5,000,001+: 0.50%
Account minimum: $500,000
Main office
Henrico VA
Advisors at this office
2
Most active in
Virginia
Also doing business as
116 Advisor · Elemental Capital Management, LLC
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.
Forms ADV
Advisors at this firm
Michael G
Series 66
Henrico, VA
Elemental Capital Management, LLC
Michael Grizzard is a financial advisor at Elemental Capital Management, LLC with 23 years of industry experience. He has been with Elemental Capital Management since 2008 and holds the Series 66 designation. Elemental Capital Management provides discretionary investment and wealth management services to individuals, trusts, estates, retirement plans, charitable organizations, and businesses. The firm employs a bottom-up, fundamental investment process and manages portfolios primarily on a discretionary basis, focusing on internally managed assets and transparency in performance reporting.
James R
Series 66
Henrico, VA
Elemental Capital Management, LLC
James Ruffin is a financial advisor at Elemental Capital Management, LLC with 18 years of industry experience. He holds a Series 66 designation and previously worked at Wells Fargo Advisors and Wells Fargo Clearing Services. Since 2018, he has been with Elemental Capital Management. Elemental Capital Management is an independently owned investment adviser serving individuals, high-net-worth families, trusts, qualified retirement plans, charitable organizations, and businesses. The firm employs a bottom-up fundamental equity analysis supported by a proprietary screening model and offers discretionary management across equities, fixed income, ETFs, and mutual funds.
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