David Janello is a CFA-designated registered investment advisor at Black Elm Advisers, LLC, based in Skokie, IL, with 2 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 106 clients with $17M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 0.25% |
The Management Fee for a qualified client whose account is not actively managed by BEA is billed annually at 1.0% or quarterly at 0.25% per quarter, in arrears. The Management Fee for non-qualified clients and actively managed qualified clients is billed annually at 1.0% or quarterly at 0.25% per quarter, in arrears. Black Elm Advisors also receives a performance fee of 20% of new net profits earned in a qualified client’s account during each calendar year.
Fee Estimator
Location
Skokie, IL
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Learn about disclosures →Employment History
Current Registrations
Black Elm Advisers, LLC
Previous Registrations
Essex Radez LLCBroker
State Registrations1 state
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