Custody Using TD AMERITRADE Institutional - ELF Capital Managment Charlottesville, VA

TD Ameritrade for Custody and Brokerage

We prefer having our clients maintain their individually managed accounts with TD AMERITRADE Institutional. In the past, they have provided us excellent institutional quality services that have been both cost effective and extremely compatible with how we execute our investment strategy. From them, you can expect to receive monthly statements and year-end tax reports, all of which are clear and highly informative. We also provide you, from our offices, quarterly account performance statements and have a robust reporting system that tracks client accounts throughout the day.

TD AMERITRADE, Inc. is a member of the Securities Investor Protection Corporation (the SIPC). Securities in client accounts held at TD AMERITRADE are protected by SIPC up to $500,000. For details, please see www.sipc.org. Up to an aggregate of $250 million of additional securities protection, of which $900,000 may be applied to cash, is provided by London insurers. This protection is limited to a combined return to any client from a Trustee, SIPC and London insurers of $150 million. This coverage provides you protection against brokerage insolvency and does not protect against loss in market value of the securities.

Significant additional information about our services is available to you via our forms page on this site.

You have the right to receive a copy of Part II of Form ADV filed by ELF Capital Management, L.L.C. with the Commonwealth of Virginia prior to signing an Investment Advisory Agreement. In compliance with investment regulations, ELF Capital Management, L.L.C. will not transact business in any state unless first registered there or qualified for an exemption or exclusion from registration in that state.