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Nick Elovitz

Portus Capital Management, LLC
24 Years of Experience
Upper Marlboro, MD
1 DisclosureSells Insurance
View SEC Summary
View SEC Summary

Nick Elovitz is a registered investment advisor at Portus Capital Management, LLC, based in Upper Marlboro, MD, with 24 years of industry experience. Nick operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management, Retirement Planning. Their firm serves 239 clients with $110M in assets under management.

Portus Capital Management, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3 advisors
Number of Clients
239 clients
Average Client Portfolio
$451K average
Assets Under Management
$107.7M

Fee Structure

Minimum Investment:None
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.00%

Fees range between 0% and 2%. The vast majority of clients are billed at 1%, though older accounts may be 0.50%, 0.70%, 0.75%, or 0.90%. Accounts holding options are billed at 2%. Family members typically pay 0%. Fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

9604 Weshire Drive, Upper Marlboro, MD, 20774

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History

Regulatory History (1)
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Customer Dispute
December 2009
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Nick sells health insurance, Medicare Advantage, and supplemental plans, dedicating a few hours per week to these activities. He also owns a real estate business and works as a substitute teacher.

Employment History
Current Registrations
Portus Capital Management, LLC
November 2016 - Present · 9 yrs 11 mos
Previous Registrations
Pks Advisory Services, LLC
October 2010 - October 2020 · 10 yrs
Purshe Kaplan Sterling InvestmentsBroker
October 2010 - October 2020 · 10 yrs
Woodbury Financial Services, INC.
April 2009 - October 2010 · 1 yr 6 mos
Woodbury Financial Services, INC.Broker
April 2009 - October 2010 · 1 yr 6 mos
Unionbanc Investment Services, LLCBroker
March 2006 - January 2009 · 2 yrs 10 mos
Unionbanc Investment Services, LLC
March 2006 - January 2009 · 2 yrs 10 mos
U.S. Bancorp Investments, INC.Broker
July 2005 - February 2006 · 7 mos
Sii Investments, INC.Broker
May 2003 - June 2005 · 2 yrs 1 mo
Luken Investment Group, INC.Broker
June 2002 - September 2003 · 1 yr 3 mos
American Express Financial Advisors INC.Broker
October 2001 - May 2002 · 7 mos
Ids Life Insurance CompanyBroker
October 2001 - May 2002 · 7 mos
State Registrations3 states
MDTNTX
Advisor

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
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