White Elm Capital, LLC (Greenwich)


White Elm Capital, LLC is a large advisory firm based in Greenwich. It manages $486.82 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Connecticut.

White Elm Capital provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

White Elm Capital: assets under management

The assets under management (AUM) of White Elm Capital, LLC is $486.82 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -5% since the beginning of its operation, and $486.82 million of the total AUM is attributable to clients outside of the United States.

The firm manages $486.82 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $162.27 million each.
White Elm Capital has custody of $486.82 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay White Elm Capital, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients White Elm Capital serves?

The only and largest group of clients of White Elm Capital is pooled investment vehicles with 3 clients and $486.82 million of assets under management. Among the 6 most similar advisory firms, White Elm Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $486.82 million for 3 clients. 67% of the firm’s clients are foreign persons or businesses.

White Elm Capital also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at White Elm Capital, LLC

The company employs 11 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Matthew Todd Iorio Managing member 1 Sep 2007 50% - 75% 4243984
Tracy Aronson Schwartz Chief operating officer 1 Sep 2007 Other 2929485
Nancy Elizabeth O'connor Chief financial officer 1 Sep 2007 Other 5920102
Georgi Stilianov Markov Managing director 1 Aug 2009 Other 4416169
Katharine Wyman Procter Managing director 1 Apr 2011 Other 2637024
Daniel Scott Radden Chief compliance officer, director of legal and compliance 1 Mar 2015 Other 4412449

Based in Greenwich

The principal office where White Elm Capital, LLC performs its advisory services is located at 537 Steamboat Road Suite 300, Greenwich, CT 06830, 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 203-742-6000 or by fax 203-422-2695. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday.