# Independent RIAs with the most clients in Montana

As of October 2, 2026, Allied Investment Advisors LLC ranked #1 in Montana in AdvisorIQ's ranking of independent RIAs with the most clients, with 1,071.

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

## Facts

- ranking: Independent RIAs with the most clients
- how_it_is_computed: Firms ranked by number of clients: the clients counted by type in Form ADV Item 5.D(a) to (n) plus clients for whom the firm has no RAUM (Item 5.C(1)), as reported in the latest filing in the data of October 2, 2026. Counts are approximate as firms report them; a client type marked "fewer than 5 clients" without a number adds nothing. SEC-registered and state-registered firms are both ranked. 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). 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: count
- scope: Montana
- firms_listed: 66
- rows: rank: 1, crd: 159103, firm: Allied Investment Advisors LLC, city: Billings, state: MT, value: 1071, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/159103/; rank: 2, crd: 151292, firm: Life Planning Advisors LLC, city: Bigfork, state: MT, value: 979, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/151292/; rank: 3, crd: 106785, firm: Stack Financial Management Inc, city: Whitefish, state: MT, value: 833, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/106785/; rank: 4, crd: 285967, firm: Xypn Sapphire, city: Bozeman, state: MT, value: 796, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/285967/; rank: 5, crd: 335451, firm: Evergreen Wealth Partners LLC, city: Kalispell, state: MT, value: 758, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/335451/; rank: 6, crd: 165775, firm: Piedmont Capital Management, LLC, city: Whitefish, state: MT, value: 470, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/165775/; rank: 7, crd: 333911, firm: Willow Creek Capital Management, Inc., city: Missoula, state: MT, value: 413, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/333911/; rank: 8, crd: 284780, firm: Main Line Retirement Advisors, LLC, city: Whitefish, state: MT, value: 360, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/284780/; rank: 9, crd: 164439, firm: Diamond Investment Management Services, LLC, city: Arlee, state: MT, value: 253, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/164439/; rank: 10, crd: 321272, firm: Big Sky Wealth Advisors, LLC, city: Great Falls, state: MT, value: 207, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/321272/; rank: 11, crd: 194516, firm: Blackmore Financial Solutions, city: Bozeman, state: MT, value: 196, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/194516/; rank: 12, crd: 130128, firm: Capstone Wealth, city: Billings, state: MT, value: 189, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/130128/; rank: 13, crd: 118117, firm: Professional Financial Management, Inc., city: Bozeman, state: MT, value: 168, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/118117/; rank: 14, crd: 305082, firm: Portfolio Logix, LLC, city: Missoula, state: MT, value: 156, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/305082/; rank: 15, crd: 159781, firm: Northfork Advisors, city: Bozeman, state: MT, value: 152, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/159781/; rank: 16, crd: 153873, firm: Cladis Investment Advisory LLC, city: Billings, state: MT, value: 125, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/153873/; rank: 17, crd: 317148, firm: Wildrye Financial, city: Bigfork, state: MT, value: 122, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/317148/; rank: 18, crd: 289129, firm: Glacier Investment Management, city: Kalispell, state: MT, value: 118, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/289129/; rank: 19, crd: 299648, firm: Cocreate Financial, city: Bozeman, state: MT, value: 113, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/299648/; rank: 20, crd: 117520, firm: Bibler Financial Group, city: Big Sky, state: MT, value: 110, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/117520/; rank: 21, crd: 202511, firm: Reppond Investments, Inc., city: Bigfork, state: MT, value: 95, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/202511/; rank: 22, crd: 308179, firm: Monteith Wealth, city: Bozeman, state: MT, value: 90, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/308179/; rank: 23, crd: 135304, firm: Royal Palms Capital, LLC, city: Whitefish, state: MT, value: 87, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/135304/; rank: 24, crd: 159486, firm: Pathfinder Planning and Investments, city: Missoula, state: MT, value: 79, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/159486/; rank: 25, crd: 296926, firm: Sapphire Financial Strategies, L.L.C., city: Missoula, state: MT, value: 77, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/296926/; rank: 26, crd: 159418, firm: Arkell Asset Management, LLC, city: Bozeman, state: MT, value: 71, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/159418/; rank: 26, crd: 342137, firm: Springhill Wealth Management, city: Bozeman, state: MT, value: 71, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/342137/; rank: 28, crd: 284716, firm: Stapleton Financial Group, city: Billings, state: MT, value: 66, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/284716/; rank: 29, crd: 305915, firm: Ascent Wealth Management, city: Kalispell, state: MT, value: 64, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/305915/; rank: 30, crd: 284491, firm: James C Wangerin, CPA/PFS, city: Deer Lodge, state: MT, value: 61, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/284491/; rank: 31, crd: 134053, firm: Lussenheide Capital Management, Inc, city: Florence, state: MT, value: 60, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/134053/; rank: 32, crd: 289043, firm: McCormick Financial Advisors, LLC, city: Bozeman, state: MT, value: 58, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/289043/; rank: 32, crd: 334088, firm: Clearstone Wealth Management, LLC, city: Whitefish, state: MT, value: 58, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/334088/; rank: 34, crd: 283746, firm: JCG Advisory Group, LLC, city: Bozeman, state: MT, value: 56, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/283746/; rank: 35, crd: 148911, firm: Platler Capital Management LLC, city: Bigfork, state: MT, value: 53, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/148911/; rank: 36, crd: 166556, firm: Inukshuk Investments, LLC, city: Missoula, state: MT, value: 51, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/166556/; rank: 37, crd: 170264, firm: Solid Rock Wealth Management, city: Bozeman, state: MT, value: 47, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/170264/; rank: 37, crd: 322443, firm: Springbrook Financial, LLC, city: Bozeman, state: MT, value: 47, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/322443/; rank: 39, crd: 116372, firm: Glacierwealth, city: Whitefish, state: MT, value: 46, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/116372/; rank: 40, crd: 125215, firm: Group W Investment Management LLC, city: Bozeman, state: MT, value: 45, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/125215/; rank: 41, crd: 134387, firm: Yellowstone Investment Planners, Inc., city: Bozeman, state: MT, value: 44, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/134387/; rank: 42, crd: 312097, firm: Evergreen Financial Group, city: Billings, state: MT, value: 42, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/312097/; rank: 43, crd: 106377, firm: Montana Investment Advisors Inc, city: Bozeman, state: MT, value: 41, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/106377/; rank: 44, crd: 323401, firm: Off the Beaten Path Financial, city: Wilsall, state: MT, value: 36, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/323401/; rank: 45, crd: 143182, firm: Quinn Capital LLC, city: Bozeman, state: MT, value: 35, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/143182/; rank: 45, crd: 327349, firm: Advanced Practice Planning, LLC, city: Missoula, state: MT, value: 35, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/327349/; rank: 47, crd: 318104, firm: Opulence Planning, city: Helena, state: MT, value: 29, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/318104/; rank: 48, crd: 309244, firm: Mountain Wealth Management, LLC, city: Bozeman, state: MT, value: 28, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/309244/; rank: 49, crd: 167879, firm: Edr Investment Advisors, LLC, city: Eureka, state: MT, value: 27, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/167879/; rank: 50, crd: 125313, firm: Dividends & More, city: Troy, state: MT, value: 26, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/125313/; rank: 51, crd: 295502, firm: Stafford Financial, LLC, city: Billings, state: MT, value: 23, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/295502/; rank: 52, crd: 166918, firm: Quarterpoint, city: Lewistown, state: MT, value: 21, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/166918/; rank: 53, crd: 109088, firm: Bitterroot Capital Advisors LLC, city: Bozeman, state: MT, value: 20, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/109088/; rank: 54, crd: 132775, firm: Optima Capital Management, city: Billings, state: MT, value: 19, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/132775/; rank: 54, crd: 331993, firm: Aviator Wealth Group, city: Bozeman, state: MT, value: 19, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/331993/; rank: 56, crd: 330196, firm: BDL Wealth Management PLLC, city: Billings, state: MT, value: 18, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/330196/; rank: 57, crd: 329783, firm: Pinecrest Advisors, city: Kalispell, state: MT, value: 15, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/329783/; rank: 58, crd: 300512, firm: Watson House Investment Management, LLC, city: Bozeman, state: MT, value: 14, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/300512/; rank: 59, crd: 116733, firm: H R Financial Services, Inc., city: Somers, state: MT, value: 13, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/116733/; rank: 59, crd: 313381, firm: Black Cat Wealth, city: Bozeman, state: MT, value: 13, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/313381/; rank: 61, crd: 294185, firm: Entrusted Wealth, city: Kalispell, state: MT, value: 12, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/294185/; rank: 62, crd: 147046, firm: Budge, David M., city: not stated, state: MT, value: 10, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/147046/; rank: 63, crd: 153465, firm: Larsen Financial Services, city: Geraldine, state: MT, value: 8, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/153465/; rank: 64, crd: 156243, firm: Eagle Spirit Investments Consulting, Inc., city: Rollins, state: MT, value: 6, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/156243/; rank: 64, crd: 328103, firm: Noisy Creek Capital, city: Bigfork, state: MT, value: 6, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/328103/; rank: 66, crd: 304921, firm: 45NORTH Partners, city: Lewistown, state: MT, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/304921/

## 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

- [Independent RIAs with the most clients, nationally](https://advisoriq.com/ria/rankings/most-clients/)
- [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/most-clients/montana/

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