Elk River Wealth Management
- Company typePrivate
- Founded2020
- HeadquartersDenver, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
Elk River Wealth Management firmographics
Firmographics- Name
- Elk River Wealth Management
- Legal name
- Elk River Wealth Management LLC
- Website
- https://elkriverwealth.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Acquired
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Elk River Wealth Management industry classification
Industry- Product category
- Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940)
- akta.pro primary industry
- Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)
- akta.pro secondary industries
- Advisory Portfolio Management (Non-Discretionary) (FSAAABAD), Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI)
Keywords
Where Elk River Wealth Management is headquartered
LocationHeadquarters
- HQ city
- Denver
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Elk River Wealth Management business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Assets Under Management (AUM) Fees: The firm charges fees based on assets under management, which is typical for registered investment advisors. Fees are typically calculated as a percentage of total client assets managed.
- Flat or Hourly Fee Options: Elk River offers flat or hourly fee options in addition to standard asset-under-management fees, providing flexibility for different client needs.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | AUM-based fee structure with percentage of assets managed |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels3 records
Elk River Wealth Management product offering
Product offeringCore offering
Elk River Wealth Management is an independent, fee-only Registered Investment Advisor that delivers comprehensive wealth management to high-net-worth individuals, families, business owners, and corporate executives. Offerings span investment management, financial planning, lending, insurance solutions, trust and estate services, and cash management. The firm leverages open-architecture access to 150+ insurance carriers and digital planning tools to coordinate all aspects of a client's financial life.
Product overview
Elk River Wealth Management is an independent SEC-registered investment advisor (RIA) offering a unified wealth management platform centered on financial planning. The core offering is a comprehensive suite of investment management and financial planning services, augmented by five specialized modules: Insurance Solutions, Lending, Trust & Estate Services, and Cash Management. The firm uses a planning-first approach to assess each client's financial needs, then aligns solutions across all aspects of their financial life. The company was founded in 2020 by advisors departing Bank of Oklahoma/BOK Financial and grew from approximately $360 million to over $1 billion in assets under management before being acquired by AlphaCore Wealth in June 2026.
Differentiator
Problem solved
Functional benefit
Products and services
- Investment Management Fiduciary investment management services for high-net-worth individuals, families, business owners, and corporate executives, including portfolio construction, asset allocation, and ongoing portfolio oversight supported by Envestnet and WealthShield research.
- Financial Planning Comprehensive financial planning across retirement, tax, cash flow, and goals-based planning, delivered by the firm's Director of Financial Planning and supported by the Envestnet client portal.
- Insurance Solutions Open-architecture insurance solutions spanning life, disability, long-term care, and annuities, sourced from 150+ insurance carriers rather than a captive product line, integrated with the broader wealth plan.
- Lending Wealth-management lending solutions for clients, typically including securities-backed lines of credit and tailored financing strategies that complement the broader financial plan.
- Trust and Estate Services Trust and estate planning and coordination services for multi-generational wealth transfer, including trust structuring, estate planning, and legacy planning integrated with investment management.
- Cash Management Cash management solutions for high-net-worth clients, integrating checking, savings, and liquidity-management tools with the broader wealth plan.
Quantifiable outcome
- Grew from $360M to over $1B in AUM (nearly 3x growth) in approximately 6 years
Companies that use Elk River Wealth Management
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles4 records
Elk River Wealth Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature2 records
Elk River Wealth Management partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and supporting.
- Wealth Advisor Growth Network (WAGN)coreWAGN is an RIA independence platform that backed Elk River from its 2020 launch. WAGN provided growth support, helping Elk River grow from $360M to over $1B in AUM. WAGN focuses on helping select RIAs deliver exceptional experiences and complete services, providing best-in-class talent, technology, and infrastructure.
- Lending Programs PartnerssupportingElk River partners with lending platforms to generate automated, pre-qualified loan opportunities for clients to fund needs including cash flow, real estate, business investment, large tax obligations, and major purchases.
- Insurance Carrier Partners (150+)supportingOpen architecture insurance partnerships with over 150 carriers across the US and Canada, enabling access to best-in-class solutions for personal lines, corporate insurance, life insurance, and long-term care.
- Independent Trust CompaniessupportingStrategic partnerships with independent trust companies to provide clients with trust solutions that meet their needs and family goals, including personal and charitable trust services.
- Envestnet (Custodian)supportingElk River uses Envestnet's custodian platform for client portal access, providing secure login and account management capabilities for clients.
- WealthShieldsupportingWealthShield provides research support, portfolio construction assistance, qualitative research, and proposal development. JT Rusinko previously worked with WealthShield as a research analyst and served as liaison to Elk River.
Scale indicators4 records
Recent moves7 records
Expansion highlights5 records
Elk River Wealth Management competitors and assessment
Company assessmentDirect peers
- AlphaCore Wealth: Boutique wealth management firm that acquired Elk River in June 2026; operates a similar HNW/UHNW advisory model with managing-partner structure and is now the direct parent of the Elk River team.
- Savant Wealth Management: Independent, fee-only RIA serving HNW individuals and families with comprehensive planning, investment management, and trust services — closely aligned in scale, service mix, and independent fiduciary positioning.
- Cerity Partners: Independent, fee-only wealth management firm serving HNW individuals, families, and institutions with comprehensive planning and investment management — comparable scale and fiduciary model.
Broad incumbents
- Mariner Wealth Advisors: Large national independent RIA serving HNW families and business owners with comprehensive planning, investment management, and tax/estate services — comparable business model and target client base at meaningfully greater scale.
- Mercer Advisors: National RIA platform focused on HNW households, offering investment management, financial planning, tax, and estate services through a centralized model — direct functional analog with broader geographic reach.
- Focus Financial Partners: Leading partnership platform for independent RIAs; provides scale, capital, and back-office infrastructure to member firms — analogous to the WAGN/Merchant support model that Elk River used prior to its sale.
- Creative Planning: One of the largest independent RIAs in the U.S., serving HNW and ultra-HNW clients with unified wealth management — representative of the scale trajectory the Elk River team now pursues inside AlphaCore.
- Carson Group: National RIA and financial services platform supporting independent advisors with technology, coaching, and back-office infrastructure — comparable RIA-support ecosystem to WAGN's role.
- Wealth Enhancement Group: Independent RIA platform that has grown through both organic growth and advisor acquisitions, serving HNW clients nationally — illustrates the M&A-driven scale path now available to the Elk River team via AlphaCore/Constellation.
Others
- Constellation Wealth Capital: Capital partner backing AlphaCore Wealth; specializes in providing growth capital and strategic resources to elite wealth management firms — thematically relevant as the financial sponsor enabling the Elk River transaction.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Elk River Wealth Management social profiles
Digital presenceElk River Wealth Management compliance and trust
Trust signalCompliance3 records
Elk River Wealth Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Elk River Wealth Management leadership team
Management profileNumber of profiles
Profiles8 records
Elk River Wealth Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Elk River Wealth Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Elk River Wealth Management
What does Elk River Wealth Management do?
Elk River Wealth Management is an independent, fee-only Registered Investment Advisor that delivers comprehensive wealth management to high-net-worth individuals, families, business owners, and corporate executives. Offerings span investment management, financial planning, lending, insurance solutions, trust and estate services, and cash management. The firm leverages open-architecture access to 150+ insurance carriers and digital planning tools to coordinate all aspects of a client's financial life.
Is Elk River Wealth Management a public or private company?
Elk River Wealth Management is a private company. It is classified as corporate owned and is currently acquired.
When was Elk River Wealth Management founded?
Elk River Wealth Management was founded in 2020. It employs 1 to 10 people.
Where is Elk River Wealth Management based?
Elk River Wealth Management is headquartered in Denver, United States, in the North America region.
How does Elk River Wealth Management make money?
Two revenue lines are on record. Assets Under Management (AUM) Fees are the primary driver. The others are flat or Hourly Fee Options.
Who are Elk River Wealth Management's main competitors?
Direct peers on record are AlphaCore Wealth, Savant Wealth Management and Cerity Partners. Broad incumbents are Mariner Wealth Advisors, Mercer Advisors, Focus Financial Partners, Creative Planning, Carson Group and Wealth Enhancement Group. Constellation Wealth Capital is listed as an others.
Does Elk River Wealth Management have an API?
No public API is recorded for Elk River Wealth Management.
What industry is Elk River Wealth Management in?
Elk River Wealth Management's product category is Wealth Management. Its primary akta.pro industry code is FSAEABAA, Registered Investment Advisor (RIA) Wealth Management, with a secondary code of FSAAABAD, Advisory Portfolio Management (Non-Discretionary). Its NAICS code is 523940.