Fee-only adviser · Towson, MD
Elbrus Partners, LLC
Elbrus Partners, LLC is a fee-only investment adviser registered with the securities regulators of Florida, Maryland, with a mailing address in Towson, Maryland (its office is a private residence, so the street address is not published). On its latest Form ADV, filed August 3, 2026, it reports $11M in regulatory assets under management, 22 individual clients and 1 employee who gives investment advice. It reports no commission compensation, is not registered as a broker-dealer and does not act as an insurance agent.
Key facts from Form ADV
| Registration | State-registered: Florida, Maryland |
|---|---|
| Firm CRD number | 289160 |
| Office | Towson, MD (mailing address; office not published) |
| Phone | (410) 299-1564 |
| Website | www.elbruspartners.com |
| Regulatory assets under management | $11M |
| Individual clients | 16 non-high-net-worth, 6 high-net-worth |
| Financial planning clients | Not reported |
| How it charges | Percentage of assets |
| Services | Portfolio management |
| Employees | 1 |
| Disciplinary disclosures | None reported |
| Latest Form ADV filing | August 3, 2026 |
Source: the firm’s Form ADV Part 1A as published by the SEC’s Investment Adviser Public Disclosure database, data as of November 6, 2026. Figures are self-reported by the firm.
What this means for you
- It charges only as a percentage of the assets it manages. Ask about the fee schedule and any account minimum, which Form ADV Part 1 does not record.
- Most of its individual clients are not high-net-worth, so it is likely to work with people who are still building assets.
- It sponsors or manages a wrap fee program; ask what the bundled fee covers.
- It reports no disciplinary history on Form ADV.
Before you hire any adviser
Read the firm’s Form ADV Part 2 brochure on its SEC record: it sets out fees, minimums, conflicts of interest and who will manage your money. Ask whether the firm acts as a fiduciary for all of your accounts, how it is paid in total, and who holds your assets. Our guide to choosing a financial adviser lists the questions to ask.
Other fee-only advisers in Towson
- Greenspring Advisors, LLC $6.5B
- Red Oak Financial Group $1.0B
- Oliver Wealth Management $340M
- Blue Curve Advisory, LLC $125M
- Chesapeake Financial Advisors $310M
- Woods Advisory Services LLC $27M
See all 14 fee-only advisers in Towson →
Nearby
- Lutherville 2 firms
- Timonium 6 firms
- Phoenix 1 firm
- Baltimore 23 firms
- Owings Mills 1 firm
- Cockeysville 1 firm
- Hunt Valley 10 firms
- Reisterstown 1 firm
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