Overview
Description of Services and Fees
Element Wealth, LLC is a registered investment adviser based in Ridgeland, MS. We are organized as a limited
liability company under the laws of the State of Mississippi. We have been providing investment advisory services
since 2006. We are wholly owned by Ross & Yerger Insurance, Inc. Currently, we offer investment management,
financial planning and consulting services which are personalized to each individual client. We also serve as a sub-
adviser for another Registered Investment Adviser.
The following paragraphs describe our services and fees. Please refer to the description of each investment advisory
service listed below for information on how we tailor our advisory services to your individual needs. As used in this
brochure, the words "we", "our" and "us" refer to Element Wealth, LLC and the words "you", "your" and "client"
refer to you as either a client or prospective client of our firm.
Investment Management Services
We offer discretionary and non-discretionary investment management services where our investment advice is
tailored to meet our clients' needs and investment objectives. If you retain our firm for investment management
services, we will meet with you to determine your investment objectives, risk tolerance, and other relevant
information at the beginning of our advisory relationship. We will use the information we gather to develop a
strategy that enables our firm to give you focused investment advice and to make investments on your behalf.
As part of our investment management services, we may customize an investment portfolio for you according to
your risk tolerance and investing objectives. We may also invest your assets according to one or more model
portfolios developed by our firm. Once we construct an investment portfolio for you, or select a model portfolio,
for discretionary accounts, we will monitor your portfolio's performance on an ongoing basis, and will rebalance
the portfolio as required by changes in market conditions and in your financial circumstances.
Clients may engage us for non-discretionary services. In such a case, we will monitor the accounts on a periodic
basis and it will be your responsibility to implement any advice we provide to you. An example of this is
qualified retirement plans.
If you participate in our discretionary investment management services, we require you to grant our firm
discretionary authority to manage your account. Discretionary authorization
will allow us to determine the specific
securities, and the amount of securities, to be purchased or sold for your account without your approval prior to
each transaction. Discretionary authority is typically granted by the investment advisory agreement you sign with
our firm and the appropriate trading authorization forms.
For some client accounts, our discretion may extend to selection of outside advisers for the management of client
accounts. Betterment is a registered investment adviser which Element will place accounts in order to access
certain lower cost strategies when the client account is below the typical minimum for accepting an account.
Element will determine a suitable strategy for the client based on input from the client and will monitor and review
the accounts in the same manner as Element’s other managed accounts.
We also offer discretionary investment management services for Employer Sponsored Retirement Plans where
we will act as an ERISA fiduciary and will serve as an investment manager as defined in Section 3(38) of ERISA.
In providing such services, we will construct model portfolios and/or plan menu of investments to be offered to
plan participants in a manner that is consistent with the criteria set forth in the Plan's investment policy statement
("IPS") that has been approved by the Plan Sponsor, or other plan fiduciary. Such authority will include that
which is necessary to select, monitor, remove and replace any investment alternatives that constitute the core
investment menu or are held in the model portfolio.
Sub-Adviser Services
We have been retained by an unaffiliated investment adviser (the “Primary Adviser”) to serve as a sub-adviser. The
Primary Adviser works with the client to determine the investment goals and objectives, and then we implement the
investment strategy by managing the portfolio on an ongoing basis.
Advisory Consulting Services
We offer consulting services which primarily involves advising clients on specific financial-related topics. The
topics we address may include, but are not limited to financial and investment planning, financial organization,
or financial decision making/negotiation.
Assets Under Management
As of December 31, 2023, we manage $385,207,729 in client assets on a discretionary basis and $164,584,506 on
a non-discretionary basis for a total of $549,792,235. Non-discretionary assets are 401(k) plans where we act as
investment advisor for the plan.