Efficient Low Cost Advisors

This firm was started so we could help people invest the way people inside Wall Street firms invest…not how Wall Street tells their unsuspecting clients to invest.

We adhere to the fiduciary standard and only utilize low cost index funds to build client portfolios.

Erik Cooper - Founder

"It's a privilege to serve clients. I started this firm in 2012 after years on Wall Street. I feel lucky every day that I get to work with people that have entrusted me with their hard earned capital.

I invest client capital the same way that I invest my own. That's not a claim too many on Wall Street can make. Please let me know how I can be helpful."

Erik Cooper

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In The Plain Wealth, Erik Cooper offers a comprehensive guide to achieving financial freedom and living life on your own terms. Drawing from years of experience in wealth management and personal finance, this book provides actionable strategies, practical insights, and a mindset shift to help you break free from the constraints of traditional financial systems.

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Why invest with us?

Less Expense

At ELC Advisors we charge 0.40% of assets under management up to $4MM.

Above $4MM in assets, we charge 0.25%.

There are no start-up fees, no annual administration fees, and no hidden costs.

The Industry

Most wealth managers charge 1% or more of assets that they manage. With so much advancement in technology, that's way too much.

ELC Advisors has an investment management fee that is a fraction of the national average.

A substantial fee savings keeps more money in your pocket and compounds into greater wealth.

THE FIDUCIARY ADVANTAGE

Working with an advisor that is a fiduciary Registered Investment Advisor (RIA) ensures that your interests are always put first.

This isn’t the case when working with a Wall Street broker adhering to the suitability standard. A broker is under no obligation to put the client’s interest ahead of their own. This generally means higher fee products that benefit themselves and their firm.

RIAs are required by law to put your best interests above all else



Ignore the noise

Every year investors pay billions of dollars to financial advisors and fund companies who claim they can achieve superior returns. This claim is not supported. Few advisors, if any, have the skills needed to beat the markets, and those few people cannot be identified in advance. Nor does any out-performance persist over time

What do you choose?

There are two options a person can choose when managing an investment portfolio; active management and passive management. Active management is the belief that a person can achieve superior returns over market indexes. In contrast, passive management is all about achieving, as close as possible, the returns of the financial markets. Passive investors understand that market returns are good returns. The desire to beat the market is a powerful force and investors will spend a considerable amount of time and money searching for superior returns. That search is promoted by a multi-billion dollar Wall Street marketing campaign that employs an army of highly compensated salespeople. Despite all the time and money spent trying to identify ways to beat the markets, the net result falls far below expectations.

Low fees deliver value to clients

ELC Advisors charges 0.25% – 0.40% vs. >1% from most wealth managers. Low fees drive greater client returns.

Customized asset allocation

Truly understand the needs and goals of our clients. Build transparent, liquid and simple portfolios that meet client objectives. Maintain capital discipline through turbulent markets

Listen to those in the know

Every academic study on the subject points to one clear message; in aggregate the more you pay to invest, the lower your returns will be. Our clients do not participate in the massive wealth transfer from Main Street to Wall Street. They earn their fair share of market returns by holding a select basket of low-cost index funds and exchange-traded funds (ETFs) that match market performance.

Do the right thing

After seeing the inner workings of large and boutique investment banks, there is no question low cost investment management is the best method for clients. ELC Advisors, LLC is a leader in low-cost portfolio management. For a small annual fee, we will design, implement and maintain a low-cost, passively managed portfolio that is appropriate for your needs. Our services are economical, efficient and practical

Data trumps hope

Very few mutual funds, hedge funds, private equity funds or investment advisors are able to achieve superior performance with enough consistency to make it worth the effort. After paying fund fees, advisor fees, taxes, broker commissions and other related investment costs, an investor’s return typically falls well below the market. Spending time and money trying to beat the market with active management is counterproductive.