Elite Wealth Management, Inc. (“Elite”) is a registered investment adviser with the Securities and Exchange Commission.
This web site is intended to provide general information about Elite and its services. It is not intended to offer or deliver investment advice in any way. Information regarding investment services are provided solely to gain an understanding of our investment philosophy, our strategies and to be able to contact us for further information.
The information provided by Elite (or any portion thereof) may not be copied or distributed without Elite’s prior written approval. All statements are current as of the date written and does not constitute an offer or solicitation to any person in any jurisdiction in which such offer or solicitation is not authorized or to any person to whom it would be unlawful to make such offer or solicitation.
The standard fee schedules for Elite’s strategies are shown in the firm’s Form ADV Part 2. Elite and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any attachments) is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with Elite of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties.
Different types of investments involve varying degrees of risk. Therefore, it should not be assumed that future performance of any specific investment or investment strategy will be profitable.
Asset Allocation may be used in an effort to manage risk and enhance returns. It does not, however, guarantee a profit or protect against loss. Performance of the asset allocation strategies depends on the underlying investments.
The performance shown of each strategy consisting of all discretionary accounts using each investment strategy. There is a minimum account size required for inclusion in each strategy. For details on the account minimum for each strategy, please view the appropriate strategy fact sheet or presentation. New funds or accounts are added to each strategy upon the first full month of investment and closed funds or accounts are removed from the strategy upon the last full month of investment.
Past performance is no guarantee of future results. Performance returns for periods of less than one year are not annualized. The performance figures contained herein are provided net of 1% management fees basis, reflecting the deduction of investment management fees, as well as brokerage or other commissions. It is not possible to invest directly in an index. Index performance does not reflect charges and expenses and is not based on actual advisory client assets. Index performance does include the reinvestment of dividends and other distributions.
The performance includes the reinvestment of dividends and other corporate earnings and is calculated in US dollars.
Any specific securities identified do not represent all of the securities purchased, sold or recommended for advisory clients, and may be only a small percentage of the entire portfolio and may not remain in the portfolio at the time you receive this report. You should not assume that investment decisions we make in the future will be profitable or will equal the investment performance of the past.
The performance shown is compared to several indexes shown herein. Broad-based securities indices are unmanaged and are not subject to fees and expenses typically associated with managed accounts or investment funds. The number and types of securities found in the index can differ greatly from that of the accounts held in the strategy shown. Investments cannot be made directly in an index.
The estimated fair values of certain investments of underlying funds, which may include private placements and other securities for which prices are not readily available, are determined by the general partner or sponsor of the respective underlying funds and may not reflect amounts that could be realized upon immediate sale, nor amounts that ultimately may be realized. Accordingly, the estimated fair values may differ significantly from the values that would have been used had a ready market existed for these investments. The fair value of the Partnership’s investments in underlying funds generally represents the amount the Partnership would expect to receive if it were to liquidate its investment in the other underlying funds, excluding any redemption charges that may apply.
Options and Futures
In order to simplify the computations, commissions have not been included in the examples provided. Commission costs will impact the outcome of all stock and options transactions and must be considered prior to entering into any transactions. Multiple leg strategies involve multiple commission charges. Any strategies discussed, including examples using actual securities and price data, are strictly for illustrative and educational purposes only and are not to be construed as an endorsement, recommendation, or solicitation to buy or sell securities. Options involve risks and are not suitable for all investors. Prior to buying or selling an option, an investor must receive a copy of Characteristics and Risks of Standardized Options. Copies are available from your broker or advisor, by calling 1-888-OPTIONS, or from The Options Clearing Corporation, One North Wacker Drive, Suite 500, Chicago, Illinois 60606. Investors considering options should consult their tax advisor as to how taxes may affect the outcome of contemplated options transactions. Please note that any reference to CBOE, Chicago Board Options Exchange, OEX and XEO are registered trademarks and The Options Institute and SPX are service-marks of CBOE. All other trademarks and service-marks are the property of their respective owners.
The risk of loss in trading commodity interests can be substantial. You should carefully consider whether such trading is suitable for you in light of your financial condition. If you purchase an option on futures, you may sustain a total loss of the premium and of all transaction costs. Sellers of options are subject to the entire loss which occurs in the underlying futures position, less premium received. This could subject the writer to an unlimited risk in the event of an increase in the price of the contract to be purchased.
This information was produced by and the opinions expressed are those of Elite as of the date of writing and are subject to change. Any research is based on Elite proprietary research and analysis of global markets and investing. The information and/or analysis presented have been compiled or arrived at from sources believed to be reliable, however Elite does not make any representation as their accuracy or completeness and does not accept liability for any loss arising from the use hereof. Some internally generated information may be considered theoretical in nature and is subject to inherent limitations associated therein. There are no material changes to the conditions, objectives or investment strategies of the model portfolios for the period portrayed. Any sectors or allocations referenced may or may not be represented in portfolios of clients of Elite, and do not represent all of the securities purchased, sold or recommended for client accounts.
Due to differences in actual account allocations, account opening date, timing of cash flow in or out of the account, rebalancing frequency, and various other transaction-based or market factors, a client’s actual return may be materially different than those portrayed in the model results. The reader should not assume that any investments in sectors and markets identified or described were or will be profitable. Investing entails risks, including possible loss of principal. The use of tools cannot guarantee performance. The information provided may contain projections or other forward-looking statements regarding future events, targets or expectations, and is only current as of the date indicated. There is no assurance that such events or targets will be achieved, and may be significantly different than that shown here. The information presented, including statements concerning financial market trends, is based on current market conditions, which will fluctuate and may be superseded by subsequent market events or for other reasons.
Market indexes are included in this report only as context reflecting general market results during the period. Elite may trade in securities that are not represented by such market indexes and may have concentrations in a number of securities and in asset classes not included in such indexes. Accordingly, no representations are made that the performance or volatility of the model allocations will track or reflect any particular index. Market index performance calculations are gross of management and performance incentive fees.
Account Specific Information
If you are accessing this site to obtain information concerning you specific client account, it is important to note that we have provided this information regarding your account(s) based on sources we believe to be accurate. To ensure accuracy, you are encouraged to compare your account information with the information contained on the statement from the corresponding time period from the custodian of your account. Please contact us or the account custodian with any questions you may have. Also, please notify us promptly if you do not receive statements on all accounts from the custodian on at least a quarterly basis.
The information being provided is strictly as a courtesy. When you link to any of the web sites provided here, you are leaving this site. We make no representation as to the completeness or accuracy of information provided at these sites and the information and opinions on this site provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed. It is given for informational purposes only and is not a solicitation to buy or sell the securities mentioned. The information is not intended to be used as the primary basis for investment decisions, nor should it be considered as advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice or other content.
Elite may utilize third-party websites that include social media websites, blogs and other interactive content. Elite considers all interactions with clients, prospective clients and the general public on these sites to be advertisements under the securities regulations. As such, Elite may retain a copy of information that Elite or third-parties may contribute to such sites. This information is subject to review and inspection by the CCO of Elite or the securities regulators.
Information provides on these sites is for informational and/or educational purposes only and is not, in any way, to be considered investment advice nor a recommendation of any investment product. Advice may only be provided by Elite’s advisory persons after entering into an advisory agreement and provided Elite with all requested information about your background.
Elite often communicates with its clients and prospective clients through electronic mail (“email”) and other electronic means. Your privacy and security are very important to us. Elite makes every effort to ensure that email communications do not contain sensitive information. We remind our clients and others not to send Elite private information over email. If you have sensitive data to deliver, we can provide secure means for such delivery.
Please note: Elite does not accept trading or money movement instructions via email.
As a registered investment advisor, Elite emails may be subject to inspection by the Chief Compliance Officer (“CCO”) of Elite or the securities regulators.
If you have received an email from Elite in error, we ask that you contact the sender and destroy the email and its contents.