A. Firm Information Elite Wealth Management, Inc. (“Elite” or the “Firm”) is a registered investment adviser with the U.S. Securities and Exchange Commission (“SEC”). Elite is located in the State of Washington and organized as a corporation under the laws of Washington in 2004. Ali R M Dadgar is the Chief Executive Officer, Chief Compliance Officer and sole owner of Elite. This Disclosure Brochure provides information regarding the advisory services and business practices provided by Elite. B. Advisory Services Offered Elite offers investment advisory services to individuals, high net worth individuals (“Clients”) and other investment advisers / financial services firms. Elite consults with Clients who enter into an Account Management Agreement initially and on an ongoing basis to determine risk tolerance, time horizon and other factors that my impact the Clients’ investment needs. Elite integrates a Client’s goals and objectives using assumptions provided by the Client in order to develop the Client’s investment plan. Clients complete an investor questionnaire as part of this process. Elite bases its recommendations on the information provided by the Client. Clients are advised to promptly notify Elite if there are changes to their financial situation or investment objectives or if they wish to impose reasonable restrictions upon Elite’s investment advisory services. Any such restrictions must be memorialized in writing and incorporated into the Client’s investment policy documentation. Clients are generally provided a written plan that includes a personal balance sheet. All reports, financial statement projections, and analyses are intended exclusively for use in connection with developing and periodically reviewing, in the context of a Client’s assets and liabilities, the portion that is invested with Elite. In view of this limited purpose, such information should not be considered complete financial statements. Once Clients establish an account, management of the account is based on an interactive process. Depending upon the needs of the Client, each Client is encouraged to meet with Elite at least quarterly, semi-annually, or annually. Investment Management Services Elite manages several investment strategies as listed below. Elite will work with each Client to determine their investment goals and risk tolerance and develop a portfolio that includes one or more of the Firm’s strategies. Elite may customize the Client’s investment portfolio depending on the Client’s needs. Elite’s strategies invest in exchange-traded funds (“ETFs”), individual equity securities, alternative investments, and options. Elite may also employ other types of investments consistent with the mandate for each strategy. Investment Strategies:
• Dynamic Option Overlay Strategy
• Tactical Long/Short Strategy
• Core Select Strategy
• Core All Cap Strategy
• Global Strategy As appropriate considering a Client’s investment objectives, Elite may recommend

investing in the private investment funds managed by Lattice Capital Management LLC (the “Lattice Funds”). Lattice Capital Management LLC (“Lattice”) is an SEC-registered investment adviser that is affiliated with Elite by control and operations. Please see Item 10 for more information as well as Lattice’s ADV Part 2A – Disclosure Brochure. Information regarding the strategies, risks, fees, and expenses of the Lattice Funds, as well as other pertinent information is in each Fund’s Private Placement Memorandum, Limited Partnership Agreement, and Subscription Documents. Model Portfolios / White Labeling Elite has entered into arrangements with other independent third-party managers permitting them to “White- Label” (or re-brand) Elite’s investment strategies. Such services are typically based on Elite’s delivery of a model portfolio. Elite’s fees for such arrangements depends on the selected strategies (see Item 5: Fees & Compensation section for details). C. Client Account Management Prior to engaging Elite to provide investment management services, each Client is required to enter into an Account Management Agreement with Elite that defines the terms, conditions, authority and responsibilities of Elite and the Client. These services may include:
• Asset Allocation – Elite will develop or select an existing strategic asset allocation that is targeted to meet the investment objectives, time horizon, financial situation, and tolerance for risk for each Client. Generally, Clients may not impose restrictions on investing in certain securities or types of securities
• Portfolio Construction – Elite will develop a portfolio for the Client that is intended to meet the stated goals and objectives of the Client or utilize one or more of Elite’s strategies.
• Investment Management and Supervision – Elite will provide investment management and ongoing oversight of the Client’s portfolio and overall account. D. Wrap Fee Programs Elite does not manage or invest Client assets in wrap fee programs. E. Assets Under Management Elite’s assets under management include the value of Client investments in the Lattice Funds. Elite recommends investments in the Lattice Funds based on a Client’s financial circumstances and investment objectives and will coordinate the purchase or sale if the recommendation is approved by the Client. Elite continually evaluates Client investments in the Lattice Funds and recommends appropriate allocation changes based on changes to a Client’s financial circumstances and investment objectives. Such assets, however, are not included in the value of Client accounts for purposes of calculating Elite’s management fee. As of December 31, 2022, Elite managed the following assets: Assets Under Management Discretionary Assets $741,323,884 Non-Discretionary Assets $853,067 Total $742,176,951 Clients may contact Elite at any time to request more current information.