E

Elk Hill Advisors, Inc.

Updated today

Client AUM

$90,605,529

Clients

209

Advisors

2

of 2 employees

About

Elk Hill Advisors, Inc. provides investment management and retirement plan consulting to individuals, trusts, estates, corporations, and pension and profit-sharing plans, overseeing roughly $100.6 million in client assets across approximately 217 client relationships. The firm delivers ongoing investment supervisory services and constructs individualized, globally diversified multi-asset portfolios that primarily use mutual funds, ETFs, and selected fixed income or individual securities.

The firm follows a Global Multi-Asset (GMA) approach that emphasizes strategic asset allocation and diversification as the principal driver of long-term performance, employing Allocation Master and Morningstar-based proprietary screening to select funds and ETFs. Portfolios may include a wide set of asset classes and alternative strategies — including REITs, commodities, precious metals, absolute-return strategies and managed futures — and the adviser applies active (tactical) asset allocation while typically maintaining relatively low turnover (about two to four portfolio changes per year).

Noteworthy for a firm of its size, Elk Hill supports a high number of client relationships relative to its adviser base, and it operates as a fee-only advisory that occasionally collaborates with an unaffiliated adviser on joint advisory and plan consulting engagements under disclosed fee-sharing arrangements. Investment oversight and account reviews are centralized with a senior reviewer responsible for monitoring, and the brochure discloses that recommended brokerage and custodial arrangements may affect trade execution and transaction costs.

Client services

Portfolio management Pension consulting Selection of other advisers

Expertise

Wealth management Passive / index investing Active portfolio management Real estate investing

Want help finding the right advisor?

Answer a few questions to see advisors matched to you.

Fee options

Percentage

0.75% annually for investment advisory services; 0.40% annually for consulting services to defined contribution and profit-sharing plan sponsors

Other

Account minimum: $50,000 Fee-only: Fee-only investment advisor; fees based on assets under management

Main office

Roanoke VA

Advisors at this office

2

Most active in

Virginia

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Quick links

Advisors at this firm

user avatar

Scott B

Series 65

Roanoke, VA

Elk Hill Advisors, Inc.

Scott Berglund is the sole advisor at Elk Hill Advisors, Inc. in Roanoke, VA, holding a Series 65 designation with 33 years of industry experience. He has been with Elk Hill Advisors since 1992. Elk Hill Advisors provides investment management and retirement plan consulting to individuals, trusts, estates, corporations, and pension and profit-sharing plans, managing approximately $100.6 million in client assets. The firm employs a Global Multi-Asset approach focused on strategic asset allocation and diversification, utilizing mutual funds, ETFs, fixed income, and alternative strategies with an emphasis on low portfolio turnover.

Wealth management Passive / index investing Active portfolio management Real estate investing
user avatar

Thomas F

Series 65

Roanoke, VA

Elk Hill Advisors, Inc.

Thomas Fitzpatrick is a Series 65-licensed financial advisor with 17 years of industry experience. He has been with Elk Hill Advisors, Inc. since 2008. Elk Hill Advisors, Inc. provides investment management and retirement plan consulting to individuals, trusts, estates, corporations, and pension and profit-sharing plans. The firm manages approximately $100.6 million in client assets across about 217 client relationships, using a Global Multi-Asset approach that emphasizes strategic asset allocation and diversification with a mix of mutual funds, ETFs, fixed income, and alternative strategies.

Wealth management Passive / index investing Active portfolio management Real estate investing
View complete list of advisors at this firm
Warmer team member

Not sure where to start?

We'll help you think it through—whether you ultimately need an advisor or not. Warmer helps you compare advisors clearly, so you can choose with confidence.

Find your advisor

For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Advisors are independent and may not have reviewed or updated this information. Please review an advisor’s Form ADV and do your own diligence before deciding whether to work with them.

Advisor matching and introductions are provided by FinanceHQ LLC (“FHQ”), a wholly-owned subsidiary of Warmer and an SEC-registered investment advisor. We receive compensation from certain participating advisors for introductions or referrals. This creates a conflict of interest because we have an incentive to recommend advisors who compensate us, including those who pay us more. You pay no fee to use our matching service, and advisor fees are not increased because of a referral or introduction. We do not review the ongoing performance of advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.

By using our service, you agree to our Terms of Service and Advisory Agreement, and acknowledge our Privacy Policy. Please review FHQ’s ADV Part 2A and Form CRS. Logos provided by Logo.dev

© 2026 Warmer Holdings Inc. (“Warmer”)