The questions credit unions ask
before they hire us

Too often, credit unions were being sold products — not strategies. We were one of the pioneers of employee benefits pre-funding in the credit union space, and our goal from the start was to deliver purpose-built portfolios that align with the mission, regulatory structure, and accounting needs of credit unions.

No commissions. No insurance wrappers. No conflicts of interest. Just disciplined, transparent investment management built specifically for your institution.

We're not brokers. We don't sell insurance. We don't work outside the credit union space. Our focus is narrow by design: we build and manage investment portfolios specifically for credit unions. We understand NCUA Part 703, §701.19(c), §721.3, and the 5300 Call Report down to the penny — because we work within those constraints every single day.

Our corporate structure is also flat, which means every member of our team takes direct ownership and accountability for your outcomes. There's no junior associate managing your relationship while a senior partner focuses elsewhere. When you call Elite Capital, you reach the people who manage your money.

We work exclusively with credit unions — federally chartered and state-chartered, across all asset sizes. Large institutions, mid-sized ones, and smaller credit unions with the right programs and the right mindset. We have established CDAs for credit unions that were turned away by competitors who told them they were too small. That is not how we operate. If the program fits and the institution is serious, we are interested.

Our average client has approximately $1 billion in total assets with roughly $20 million managed through Elite Capital — but that average doesn't define our floor. We work with a select group of institutions and serve each one at an extraordinarily high level. We are not a volume business. If you're looking for a long-term partner who will treat your portfolio with the same care you treat your members, we're probably a good fit.

We'll be direct: if you're looking for a broker-dealer relationship, a product provider, or a firm that will simply execute trades on request without providing strategic guidance, Elite Capital is probably not the right fit.

We're also not the right partner for credit unions that want to remain entirely in agency MBS and Treasuries. Those are permissible and appropriate instruments — but they're already widely available and well-represented on most balance sheets. Our value-add is concentrated in asset classes that require real research and real infrastructure to execute well. If that's not the conversation you want to have, we'd rather tell you upfront.

We manage four program types, each purpose-built for credit union balance sheets:

Part 703 Permissible Investment Portfolios — focused on investment grade taxable municipal bonds, the most chronically underutilized asset class in the credit union world.

Charitable Donation Accounts (§721.3) — structured for total return using thematic equity and structured protection. We advise against bonds in CDAs; they are poor total return instruments.

Employee Benefits Pre-Funding (§701.19(c)) — institutional portfolios designed to grow assets that offset future active employee benefit costs. Elite Capital helped pioneer this strategy in 2007.

457(f) Executive Benefit Plans (§701.19(c)) — liability-matched portfolios combining thematic equity and structured protection, calibrated to the specific plan's projected benefit obligation and payout timeline.

Fixed income portfolios are managed by GW&K Investment Management, our sub-advisor since 2014. GW&K is a Boston-based active investment manager founded in 1974 with approximately $53 billion in assets under management. The firm has particular depth in taxable municipal bonds and corporate credit — exactly the asset classes where credit unions are most underserved.

GW&K builds fully customized portfolios for each Elite client — no off-the-shelf models. Their institutional pricing to Elite is far below what a credit union could access independently, and we pass that advantage directly to our clients.

Thematic equity management is a core Elite Capital competency executed directly by our team — unlike our fixed income strategies where GW&K serves as discretionary sub-advisor. Our thematic equity strategy combines a broad market core, a value anchor, and dynamic thematic sleeves targeting structural macro forces at the inflection point of their adoption cycle.

Structured protection utilizes exchange-traded FLEX Options cleared and guaranteed for settlement by the Options Clearing Corporation — eliminating traditional issuer credit and counterparty risk.

Every Elite client has around-the-clock access to our proprietary accounting and reporting portal — audit-quality, position-level reporting available any time, without waiting for a quarterly statement.

We close the books accurately and completely on Business Day 1 of each new month. No lag, no estimates. Your month-end data is final the moment the month ends. We also provide automated 5300 Call Report population and quarterly ACL reporting — so your team is never starting from scratch when examiners arrive.

And within two business days of month-end, every client receives the Elite Capital Telemetry Briefing — a plain-language executive summary of portfolio performance designed for the CFO, CEO, and board member who needs to be informed, not burdened.

Client assets are held in safekeeping with Charles Schwab & Co. Inc., the nation's leading custodian for registered investment advisors, with more than $10.3 trillion in client assets. There is no additional cost to clients for Schwab custody. Accounts are insured up to $150 million through SIPC and Lloyd's of London.

Elite Capital charges an annual advisory fee ranging from 0.05% to 0.85% depending on portfolio size and complexity, billed monthly in arrears. We do not earn commissions. We do not receive compensation from product providers. We do not sell insurance or annuities.

Our only source of revenue is the advisory fee our clients pay us. That alignment — your success is our success — is fundamental to how we operate.

Yes. Elite Capital Management Group, LLC is a Registered Investment Advisor registered with the Securities and Exchange Commission. We are held to the fiduciary standard of the Investment Advisers Act of 1940 — legally obligated to act in your best interest, always. Our Form ADV Part 2A is available at adviserinfo.sec.gov or upon request.

We have no securities violations or disciplinary actions on our record. Ever.

All marketing materials, client communications, and regulatory filings are reviewed for compliance with SEC Marketing Rule requirements and applicable regulations. We maintain an ongoing compliance program appropriate for a firm of our size and client base, and we take our obligations as a fiduciary seriously — not just as a regulatory matter, but as a fundamental part of how we operate.

Our business continuity plan is tested annually. We maintain disaster recovery and backup capabilities to ensure uninterrupted service to clients in the event of any operational disruption. Details are available upon request.