ELGA Wealth Management
ELGA Wealth Management is an independent Michigan wealth management firm serving 700+ individuals, families, and small businesses across Burton, Grand Blanc, and Davison through three experienced advisors offering investment, retirement, and insurance planning.
- Company typePrivate
- Founded2004
- HeadquartersDavison, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What ELGA Wealth Management does
ELGA Wealth Management is an independent, privately held wealth management firm headquartered in Michigan with offices in Burton, Grand Blanc, and Davison. The firm delivers investment advisory, retirement planning, estate planning, insurance, and comprehensive financial planning services to more than 700 households — including individuals, families, and small business owners — through three named advisors: Michael Moleski (CFP, ChFC, CLU; 26+ years industry experience), Nathan D. Sealey (CASL; 25 years), and Timothy Good (10+ years). The firm carries CFP, CLU, ChFC, CASL, AAMS, and CRPC credentials across the team and emphasizes a fiduciary, long-term relationship model spanning multiple generations.
The firm's underlying technology stack is composed of third-party platforms rather than proprietary systems. Financial planning and risk assessment are powered by eMoney, portfolio analytics draw on Morningstar Workstation, and account aggregation and reporting run through Wealthscape. Client experience tooling is intentionally lightweight, including Calendly for appointment scheduling and standard CRM workflows. The firm does not disclose proprietary quantitative models, automated rebalancing engines, or AI-driven advisory tools, positioning it as a high-touch advisory practice rather than a technology-led platform.
ELGA's business model is a hybrid advisory-and-commission structure typical of independent RIAs affiliated with a broker-dealer. Revenue is generated through asset-based advisory fees on managed portfolios, planning fees, and insurance and product commissions, with Kestra Investment Services serving as the broker-dealer and clearing partner for execution and custody. Client acquisition is overwhelmingly organic and referral-driven, anchored in local Michigan relationships, the firm's BBB A+ rating, and 14 consecutive years of Five Star Wealth Manager recognition (2010–2023). There is no public indication of institutional capital, external investors, or plans for M&A or roll-up activity.
ELGA Wealth Management firmographics
Firmographics- Name
- ELGA Wealth Management
- Legal name
- ELGA Wealth Management
- Website
- https://elgawealthmanagement.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- ELGA Wealth Management is an independent Michigan wealth management firm serving 700+ individuals, families, and small businesses across Burton, Grand Blanc, and Davison through three experienced advisors offering investment, retirement, and insurance planning.
- Ownership category
- akta.pro rank
ELGA Wealth Management industry classification
Industry- Product category
- Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282), Life Insurance (6311)
- akta.pro primary industry
- Comprehensive/Full-Service RIAs & Independent Wealth Managers (FSAAACAA)
- akta.pro secondary industries
- Retirement & Distribution Planning RIAs (401(k)/IRA/Pension Rollovers) (FSAAACAE), Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)
Keywords
Where ELGA Wealth Management is headquartered
LocationHeadquarters
- HQ city
- Davison
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
ELGA Wealth Management business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Securities and Investment Advisory Services: Securities offered through Kestra Investment Services, LLC (member FINRA/SIPC) and investment advisory services through Kestra Advisory Services, LLC. Revenue generated through advisory fees, commissions on securities transactions, and fee-for-service financial planning engagements.
- Insurance Products: Life, health, and variable insurance contracts offered as part of comprehensive financial planning. Advisors hold appropriate insurance licenses.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Fee for Services Plans |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
ELGA Wealth Management product offering
Product offeringCore offering
ELGA Wealth Management is an independent wealth management firm that provides personalized investment strategies, risk management, retirement planning, and estate planning services to families, individuals, and small business owners. Services are delivered through registered representatives and investment advisor representatives using Kestra Investment Services and Kestra Advisory Services as broker-dealer and RIA infrastructure, with fees earned on advisory engagements, securities transactions, and insurance products.
Product overview
ELGA Wealth Management is a comprehensive financial planning firm offering a unified service model that combines personalized investment strategies, risk management, retirement planning, and estate planning. The firm operates primarily through its core Investment Advisory Services platform supplemented by the Wealthscape Investor Portal for client account access. Service offerings include Small Business Service plans, Fee for Services Plans, Tax & Distribution Planning, College/Education Planning, Investment Selection, Life Insurance Services, and Retirement Planning. The firm emphasizes a non-proprietary approach, allowing access to most security and insurance products available.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Over 700 families served with personalized investment and retirement income plans
- +1 more outcomes
Companies that use ELGA Wealth Management
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
ELGA Wealth Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature3 records
ELGA Wealth Management partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Kestra Investment Services, LLCcoreSecurities offered through Kestra Investment Services, LLC, member FINRA/SIPC. ELGA Wealth Management is a registered representative of Kestra IS, which provides brokerage and securities distribution infrastructure.
- Kestra Advisory Services, LLCcoreInvestment advisory services offered through Kestra Advisory Services, LLC, an affiliate of Kestra IS. Provides advisory platform and compliance infrastructure for registered investment advisor operations.
Scale indicators3 records
Recent moves1 record
Expansion highlights4 records
ELGA Wealth Management competitors and assessment
Company assessmentDirect peers
- Cetera Financial Group: Independent broker-dealer and RIA support platform serving independent financial advisors with comprehensive planning and insurance offerings; directly comparable to ELGA's Kestra-supported independent model.
- LPL Financial: Largest independent broker-dealer in the U.S., supporting thousands of independent RIAs and financial advisors with compliance, custody, and technology infrastructure — directly analogous to ELGA's outsourced-brokerage model.
- Focus Financial Partners: RIA aggregator that acquires stakes in independent wealth management firms; represents both a competitive threat (talent poaching) and a potential exit path for firms like ELGA.
- Cambridge Investment Research: Independent broker-dealer supporting financial advisors with practice management, compliance, and product access; competes for the same small-RIA and independent-advisor segment as ELGA.
- Hightower Advisors: Partnership/aggregator model for independent RIAs serving high-net-worth and mass-affluent clients; closely comparable to ELGA's independent, fee-based RIA structure but with national scale and advisor-recruitment focus.
Broad incumbents
- Edward Jones: Large national broker-dealer serving mass-affluent and small-business clients with retirement and financial planning services; comparable in target market and service scope, though operates at vastly greater scale.
- Raymond James Financial Services: Diversified financial services firm with a large independent-advisor channel offering wealth management, retirement, and insurance — competing with ELGA for the same Michigan client base.
- Fisher Investments: Large independent RIA managing private wealth portfolios; comparable independent RIA positioning to ELGA but serving higher-net-worth clients at significantly greater scale.
- Northwestern Mutual: Major U.S. insurer and wealth manager with strong Michigan presence combining life insurance, investment, and retirement planning — directly comparable integrated product set to ELGA's offerings.
Regional players
- Robert W. Baird: Midwest-headquartered wealth management and investment bank with strong Wisconsin/Michigan regional presence; comparable regional independent-advisor positioning to ELGA.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
ELGA Wealth Management social profiles
Digital presenceELGA Wealth Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
ELGA Wealth Management leadership team
Management profileNumber of profiles
Profiles3 records
ELGA Wealth Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ELGA 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 ELGA Wealth Management
What does ELGA Wealth Management do?
ELGA Wealth Management is an independent wealth management firm that provides personalized investment strategies, risk management, retirement planning, and estate planning services to families, individuals, and small business owners. Services are delivered through registered representatives and investment advisor representatives using Kestra Investment Services and Kestra Advisory Services as broker-dealer and RIA infrastructure, with fees earned on advisory engagements, securities transactions, and insurance products.
Is ELGA Wealth Management a public or private company?
ELGA Wealth Management is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was ELGA Wealth Management founded?
ELGA Wealth Management was founded in 2004. It employs 11 to 50 people.
Where is ELGA Wealth Management based?
ELGA Wealth Management is headquartered in Davison, United States, in the North America region.
How does ELGA Wealth Management make money?
Two revenue lines are on record. Securities and Investment Advisory Services are the primary driver. The others are insurance Products.
Who are ELGA Wealth Management's main competitors?
Direct peers on record are Cetera Financial Group, LPL Financial, Focus Financial Partners, Cambridge Investment Research and Hightower Advisors. Broad incumbents are Edward Jones, Raymond James Financial Services, Fisher Investments and Northwestern Mutual. Robert W. Baird is listed as a regional player.
Does ELGA Wealth Management have an API?
No public API is recorded for ELGA Wealth Management.
What industry is ELGA Wealth Management in?
ELGA Wealth Management's product category is Wealth Management. Its primary akta.pro industry code is FSAAACAA, Comprehensive/Full-Service RIAs & Independent Wealth Managers, with a secondary code of FSAAACAE, Retirement & Distribution Planning RIAs (401(k)/IRA/Pension Rollovers). Its NAICS code is 523940 and its SIC code is 6282.