Elderado Financial, Inc (Montrose)


Elderado Financial, Inc is an adviser based in Montrose. It manages $51.39 million of regulatory assets for 465 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of Colorado.

Elderado Financial provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Elderado Financial: assets under management

The assets under management (AUM) of Elderado Financial, Inc is $51.39 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 42% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $51.39 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $110.52 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Elderado Financial, Inc for their services and products based on a percentage of assets under management and hourly charges. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Elderado Financial, Inc

Janet K Elder has been acting as President since 1 Jul 1998. Adam J. Miller joined the executive team most recently as the President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Janet K Elder President 1 Jul 1998 50% - 75% 4429456
Jim M Elder Chief compliance officer 1 Jul 1998 50% - 75% 2417388
Janet K Elder Treasurer 1 Jul 2011 Other 4429456
Adam J. Miller President 1 Jul 2011 25% - 50% 5317765

Based in Montrose

The principal office where Elderado Financial, Inc performs its advisory services is located at 1100 S. Townsend Ave, Montrose, CO 81401, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 970-249-9900 or by fax 970-252-3940. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at www.elderadofinancial.com.