# Largest independent RIAs by assets under management in Montana

As of October 2, 2026, Stack Financial Management Inc ranked #1 in Montana in AdvisorIQ's ranking of largest independent RIAs by assets under management, with $2.0 billion.

As of: 2026-10-02
Address: https://advisoriq.com/ria/rankings/largest/montana/

## Facts

- ranking: Largest independent RIAs by assets under management
- how_it_is_computed: SEC-registered and state-registered firms that report RAUM, ranked by RAUM. Independent wealth management RIAs are ranked: firms whose individual and high net worth clients hold at least half of their regulatory assets and that offer financial planning or portfolio management for individuals, leaving out broker-dealers, banks and their advisory arms. The all wealth firms view ranks the same way with those broker-dealer affiliated firms added. Asset managers, private fund managers, pension consultants and platform managers are never ranked (see the methodology). RAUM is regulatory assets under management (Form ADV Item 5.F(2)(c)) as reported in each firm's latest Form ADV filing in the data of October 2, 2026, usually as of the firm's last fiscal year end. Firms reporting no RAUM are not ranked. State lists use each firm's main office state, or its registration state when the main office is not public. The US list leaves out firms whose main office is outside the United States. Equal values share a rank and are listed by CRD number.
- unit: usd
- scope: Montana
- firms_listed: 67
- rows: rank: 1, crd: 106785, firm: Stack Financial Management Inc, city: Whitefish, state: MT, value: 1992243735, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/106785/; rank: 2, crd: 109088, firm: Bitterroot Capital Advisors LLC, city: Bozeman, state: MT, value: 1780038798, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/109088/; rank: 3, crd: 159103, firm: Allied Investment Advisors LLC, city: Billings, state: MT, value: 1488036876, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/159103/; rank: 4, crd: 285967, firm: Xypn Sapphire, city: Bozeman, state: MT, value: 1253476799, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/285967/; rank: 5, crd: 284780, firm: Main Line Retirement Advisors, LLC, city: Whitefish, state: MT, value: 448606506, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/284780/; rank: 6, crd: 335451, firm: Evergreen Wealth Partners LLC, city: Kalispell, state: MT, value: 405219640, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/335451/; rank: 7, crd: 130128, firm: Capstone Wealth, city: Billings, state: MT, value: 354276732, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/130128/; rank: 8, crd: 118117, firm: Professional Financial Management, Inc., city: Bozeman, state: MT, value: 304096440, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/118117/; rank: 9, crd: 333911, firm: Willow Creek Capital Management, Inc., city: Missoula, state: MT, value: 280030435, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/333911/; rank: 10, crd: 153873, firm: Cladis Investment Advisory LLC, city: Billings, state: MT, value: 242614579, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/153873/; rank: 11, crd: 165775, firm: Piedmont Capital Management, LLC, city: Whitefish, state: MT, value: 231829166, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/165775/; rank: 12, crd: 151292, firm: Life Planning Advisors LLC, city: Bigfork, state: MT, value: 169160654, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/151292/; rank: 13, crd: 321272, firm: Big Sky Wealth Advisors, LLC, city: Great Falls, state: MT, value: 134642094, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/321272/; rank: 14, crd: 135304, firm: Royal Palms Capital, LLC, city: Whitefish, state: MT, value: 124194124, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/135304/; rank: 15, crd: 159486, firm: Pathfinder Planning and Investments, city: Missoula, state: MT, value: 122347930, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/159486/; rank: 16, crd: 159781, firm: Northfork Advisors, city: Bozeman, state: MT, value: 107594417, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/159781/; rank: 17, crd: 317148, firm: Wildrye Financial, city: Bigfork, state: MT, value: 90519822, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/317148/; rank: 18, crd: 289043, firm: McCormick Financial Advisors, LLC, city: Bozeman, state: MT, value: 84750833, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/289043/; rank: 19, crd: 342137, firm: Springhill Wealth Management, city: Bozeman, state: MT, value: 82041004, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/342137/; rank: 20, crd: 159418, firm: Arkell Asset Management, LLC, city: Bozeman, state: MT, value: 75025000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/159418/; rank: 21, crd: 308179, firm: Monteith Wealth, city: Bozeman, state: MT, value: 73708347, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/308179/; rank: 22, crd: 305915, firm: Ascent Wealth Management, city: Kalispell, state: MT, value: 53993089, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/305915/; rank: 23, crd: 170264, firm: Solid Rock Wealth Management, city: Bozeman, state: MT, value: 49054445, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/170264/; rank: 24, crd: 117520, firm: Bibler Financial Group, city: Big Sky, state: MT, value: 49000000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/117520/; rank: 25, crd: 106377, firm: Montana Investment Advisors Inc, city: Bozeman, state: MT, value: 48733731, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/106377/; rank: 26, crd: 202511, firm: Reppond Investments, Inc., city: Bigfork, state: MT, value: 46740234, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/202511/; rank: 27, crd: 289129, firm: Glacier Investment Management, city: Kalispell, state: MT, value: 45709490, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/289129/; rank: 28, crd: 134053, firm: Lussenheide Capital Management, Inc, city: Florence, state: MT, value: 44399625, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/134053/; rank: 29, crd: 309244, firm: Mountain Wealth Management, LLC, city: Bozeman, state: MT, value: 43000000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/309244/; rank: 30, crd: 116372, firm: Glacierwealth, city: Whitefish, state: MT, value: 41540948, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/116372/; rank: 31, crd: 305082, firm: Portfolio Logix, LLC, city: Missoula, state: MT, value: 39488288, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/305082/; rank: 32, crd: 299648, firm: Cocreate Financial, city: Bozeman, state: MT, value: 37669061, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/299648/; rank: 33, crd: 132775, firm: Optima Capital Management, city: Billings, state: MT, value: 36770920, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/132775/; rank: 34, crd: 283746, firm: JCG Advisory Group, LLC, city: Bozeman, state: MT, value: 33685554, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/283746/; rank: 35, crd: 334088, firm: Clearstone Wealth Management, LLC, city: Whitefish, state: MT, value: 30139307, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/334088/; rank: 36, crd: 312097, firm: Evergreen Financial Group, city: Billings, state: MT, value: 29515583, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/312097/; rank: 37, crd: 148911, firm: Platler Capital Management LLC, city: Bigfork, state: MT, value: 27950000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/148911/; rank: 38, crd: 322443, firm: Springbrook Financial, LLC, city: Bozeman, state: MT, value: 27026008, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/322443/; rank: 39, crd: 194516, firm: Blackmore Financial Solutions, city: Bozeman, state: MT, value: 25789537, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/194516/; rank: 40, crd: 164439, firm: Diamond Investment Management Services, LLC, city: Arlee, state: MT, value: 24980000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/164439/; rank: 41, crd: 143182, firm: Quinn Capital LLC, city: Bozeman, state: MT, value: 23892759, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/143182/; rank: 42, crd: 125215, firm: Group W Investment Management LLC, city: Bozeman, state: MT, value: 20876000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/125215/; rank: 43, crd: 125313, firm: Dividends & More, city: Troy, state: MT, value: 20075000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/125313/; rank: 44, crd: 300512, firm: Watson House Investment Management, LLC, city: Bozeman, state: MT, value: 20044787, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/300512/; rank: 45, crd: 328103, firm: Noisy Creek Capital, city: Bigfork, state: MT, value: 18946257, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/328103/; rank: 46, crd: 337305, firm: East Face LLC, city: Bozeman, state: MT, value: 18736999, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/337305/; rank: 47, crd: 166556, firm: Inukshuk Investments, LLC, city: Missoula, state: MT, value: 18374635, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/166556/; rank: 48, crd: 296926, firm: Sapphire Financial Strategies, L.L.C., city: Missoula, state: MT, value: 17774440, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/296926/; rank: 49, crd: 284716, firm: Stapleton Financial Group, city: Billings, state: MT, value: 15800000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/284716/; rank: 50, crd: 116733, firm: H R Financial Services, Inc., city: Somers, state: MT, value: 15760027, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/116733/; rank: 51, crd: 295502, firm: Stafford Financial, LLC, city: Billings, state: MT, value: 14532555, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/295502/; rank: 52, crd: 134387, firm: Yellowstone Investment Planners, Inc., city: Bozeman, state: MT, value: 11000000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/134387/; rank: 53, crd: 318104, firm: Opulence Planning, city: Helena, state: MT, value: 10321099, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/318104/; rank: 54, crd: 331993, firm: Aviator Wealth Group, city: Bozeman, state: MT, value: 10263850, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/331993/; rank: 55, crd: 313381, firm: Black Cat Wealth, city: Bozeman, state: MT, value: 9588000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/313381/; rank: 56, crd: 294185, firm: Entrusted Wealth, city: Kalispell, state: MT, value: 7500000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/294185/; rank: 57, crd: 327349, firm: Advanced Practice Planning, LLC, city: Missoula, state: MT, value: 6425744, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/327349/; rank: 58, crd: 323401, firm: Off the Beaten Path Financial, city: Wilsall, state: MT, value: 6103056, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/323401/; rank: 59, crd: 156243, firm: Eagle Spirit Investments Consulting, Inc., city: Rollins, state: MT, value: 5913458, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/156243/; rank: 60, crd: 330196, firm: BDL Wealth Management PLLC, city: Billings, state: MT, value: 5644505, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/330196/; rank: 61, crd: 284491, firm: James C Wangerin, CPA/PFS, city: Deer Lodge, state: MT, value: 5153061, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/284491/; rank: 62, crd: 153465, firm: Larsen Financial Services, city: Geraldine, state: MT, value: 4937160, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/153465/; rank: 63, crd: 329783, firm: Pinecrest Advisors, city: Kalispell, state: MT, value: 4072057, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/329783/; rank: 64, crd: 167879, firm: Edr Investment Advisors, LLC, city: Eureka, state: MT, value: 3969010, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/167879/; rank: 65, crd: 166918, firm: Quarterpoint, city: Lewistown, state: MT, value: 1600000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/166918/; rank: 66, crd: 147046, firm: Budge, David M., city: not stated, state: MT, value: 579818, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/147046/; rank: 67, crd: 336549, firm: Firetower Advisors, city: Belgrade, state: MT, value: 24000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/336549/

## Notes

- Firms marked as successors reported on Form ADV Item 4 that they succeeded to another adviser's business; their growth is shown as reported.
- Each ranking lists at most the top 100 firms.

## Sources

- SEC, Information About Registered Investment Advisers (ia100226.zip), checked 2026-10-07: https://www.sec.gov/files/investment/data/other/information-about-registered-investment-advisers-exempt-reporting-advisers/ia100226.zip
- IAPD compilation reports (IA_FIRM_STATE_Feed_10_07_2026.xml.gz), checked 2026-10-07: https://adviserinfo.sec.gov/compilation

## Related

- [Largest independent RIAs by assets under management, nationally](https://advisoriq.com/ria/rankings/largest/)
- [RIA market data for Montana](https://advisoriq.com/ria/states/montana/)
- [All RIA rankings](https://advisoriq.com/ria/rankings/)
- [How the directory is built](https://advisoriq.com/ria/methodology/)

## Cite as

AdvisorIQ, as of 2026-10-02. https://advisoriq.com/ria/rankings/largest/montana/

License: https://advisoriq.com/license/