The Shadow Circle
The academy of elemental magic
The Academy of elemental magic was founded by the silver circle, who themselves are the very core of the elemental magic in Faerun. Without them the magic will not exist, that is the rumor and that has caused various rumors of immortality to spring up in the realm.
The Academy is located in Northkeep in the silvermarshes, each of the silver circle members represent one of the elements except king valdemar who ties them all together and thus has a part of each element.