DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Mountain Pacific Investment Advisers, LLC

Independent wealth managerBoise, IdahoCRD 104749SEC 801-12784websiteIAPD
Latest filing Mar 5, 2026
First filing on the tape Feb 24, 2012 · 30 filings
SEC status approved since Feb 12, 1977
RAUM
$934M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
89%
$830M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$187M
derived; firm RAUM over IAPD count
Employees
6
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$934M as of Mar 5, 2026
Feb 24, 2012$661M then
HNW client RAUM$767M as of Mar 5, 2026
Mar 28, 2018$451M then
State-registered IARs (5.B.3)5 as of Mar 5, 2026
Mar 14, 20133 then
Employees (5.A)6 as of Mar 5, 2026
Mar 14, 20135 then
Private funds: no history
RAUM -47% over the last fiscal year-18% a year over threeIARs 5 to 5
Practice profile
derived from the filing of Mar 5, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
RAUM per advisor
$187MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
58derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.1MderivedHNW RAUM over HNW clients
Average account
$1.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
7.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-47%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-4.9%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$767M82%
  • Individuals$62.7M6.7%
  • Charitable organizations$47.6M5.1%
  • Corporations and businesses$31.4M3.4%
  • Pension and profit-sharing plans$24.6M2.6%
Individual clients
102reported
HNW clients
188reported
Pension plan clients
6reported
Charitable clients
15reported
Accounts
769reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.89 fund_share=0.0 institutional_share=0.08 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
William John PalumboBoise, IdSep 5, 199743 y0
Bruce Alan ReederBoise, IdMar 30, 200027 y0
Matthew Michael LindstromBoise, IdFeb 16, 201713 y0
Nathan Christian OakleyChartered Financial AnalystBoise, IdFeb 26, 201923 y0
Rashe Lee ElliottBoise, IdApr 2, 202410 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Left, latest
Joined, latest
none on the tape
    Every departureEvery arrival
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Michael Matthew Lindstrom · Member/Chief Compliance Officercontrol
      since 11/2020 · owns 50% to 75%
    • Christian Nathan Oakley · Membercontrol
      since 11/2020 · owns 50% to 75%
    • John William Palumbo · Elected Managercontrol
      since 11/2020 · owns less than 5%
    • Alan Bruce Reeder · Elected Managercontrol
      since 11/2020 · owns less than 5%
    • John William Palumbo · Membercontrol
      since 10/2020 · owns 50% to 75% of Mpia Holdings, Inc.
    • Alan Bruce Reeder · Membercontrol
      since 10/2020 · owns 50% to 75% of Mpia Holdings, Inc.
    Entity owners
    • Mpia Holdings, Inc. · Holding Company
      direct · owns 25% to 50%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Boise, Id · principal500
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    6 against comparable advisers; where to look, not conclusions
    • institutional to wealth shiftCombination · filing Mar 5, 2026
      institutional share fell 15 points or more while private-client share rose 15 points or more. RAUM $1,748,422,067 to $933,709,300, advisors 5 to 5, private clients 305 to 290, offices 0 to 0 (2025-03-06 to 2026-03-05)
      peers: independent wealth managers, $500M to $1B (1,483)
    • RAUM down advisors stableCombination · filing Mar 5, 2026
      RAUM fell 25 percent or more while the advisor count stayed within 5 percent: assets left without people leaving (a large client or institutional mandate, a fee change, or a reporting change). RAUM $1,748,422,067 to $933,709,300, advisors 5 to 5, private clients 305 to 290, offices 0 to 0 (2025-03-06 to 2026-03-05)
      peers: independent wealth managers, $500M to $1B (1,483)
    • client mix shiftChange between filings · filing Mar 5, 2026
      private-client share of RAUM moved from 50.0% to 89.0% between the annual amendments of 2025-03-06 and 2026-03-05
      peers: independent wealth managers, $500M to $1B (1,483)
    • HNW share shiftChange between filings · filing Mar 5, 2026
      HNW share of RAUM moved from 46.0% to 82.0% between the annual amendments of 2025-03-06 and 2026-03-05
      peers: independent wealth managers, $500M to $1B (1,483)
    • institutional asset share shiftChange between filings · filing Mar 5, 2026
      institutional share of RAUM moved from 50.0% to 11.0% between the annual amendments of 2025-03-06 and 2026-03-05
      peers: independent wealth managers, $500M to $1B (1,483)
    • RAUM down 25 %Change between filings · filing Mar 5, 2026
      RAUM (Item 5.F) moved from $1,748,422,067 to $933,709,300 (-47.0%) between the annual amendments of 2025-03-06 and 2026-03-05; the peer median change was +16.0% (1386 comparable advisers, 0.0th percentile of changes)
      peers: independent wealth managers, $500M to $1B (1,386) · 0.2% percentile
    How anomalies are measured
    What changed
    consecutive filings, newest first
    • Accounts · 805 to 769
      Jul 29, 2025 to Mar 5, 2026
    • Charity clients · 11 to 15
      Jul 29, 2025 to Mar 5, 2026
    • HNW clients · 195 to 188
      Jul 29, 2025 to Mar 5, 2026
    • Individual clients · 110 to 102
      Jul 29, 2025 to Mar 5, 2026
    • Financial planning clients · 11-25 to 26-50
      Jul 29, 2025 to Mar 5, 2026
    • Discretionary RAUM · $1.7B to $934M
      Jul 29, 2025 to Mar 5, 2026
    • HNW RAUM · $810M to $767M
      Jul 29, 2025 to Mar 5, 2026
    • Individual RAUM · $67.9M to $62.7M
      Jul 29, 2025 to Mar 5, 2026
    • Pension RAUM · $27.4M to $24.6M
      Jul 29, 2025 to Mar 5, 2026
    • RAUM · $1.7B to $934M
      Jul 29, 2025 to Mar 5, 2026
    • Employees · 5 to 6
      Mar 6, 2025 to Jul 29, 2025
    • Financial planning clients · 11-25 to 11-25
      Mar 6, 2025 to Jul 29, 2025
    • Accounts · 801 to 805
      Dec 3, 2024 to Mar 6, 2025
    • Advisory employees · 6 to 5
      Dec 3, 2024 to Mar 6, 2025
    • HNW clients · 197 to 195
      Dec 3, 2024 to Mar 6, 2025
    • Individual clients · 111 to 110
      Dec 3, 2024 to Mar 6, 2025
    • Employees · 6 to 5
      Dec 3, 2024 to Mar 6, 2025
    • State-registered IARs · 6 to 5
      Dec 3, 2024 to Mar 6, 2025
    • Discretionary RAUM · $1.9B to $1.7B
      Dec 3, 2024 to Mar 6, 2025
    • HNW RAUM · $766M to $810M
      Dec 3, 2024 to Mar 6, 2025
    • Individual RAUM · $65.7M to $67.9M
      Dec 3, 2024 to Mar 6, 2025
    • Pension RAUM · $23.3M to $27.4M
      Dec 3, 2024 to Mar 6, 2025
    • RAUM · $1.9B to $1.7B
      Dec 3, 2024 to Mar 6, 2025
    • Advisory employees · 5 to 6
      Mar 20, 2024 to Apr 5, 2024
    • Employees · 5 to 6
      Mar 20, 2024 to Apr 5, 2024
    • State-registered IARs · 5 to 6
      Mar 20, 2024 to Apr 5, 2024
    • Accounts · 792 to 801
      Jan 31, 2024 to Mar 20, 2024
    • Advisory employees · 3 to 5
      Jan 31, 2024 to Mar 20, 2024
    • Corporate clients · 7 to 8
      Jan 31, 2024 to Mar 20, 2024
    • HNW clients · 202 to 197
      Jan 31, 2024 to Mar 20, 2024
    • Individual clients · 110 to 111
      Jan 31, 2024 to Mar 20, 2024
    • Employees · 3 to 5
      Jan 31, 2024 to Mar 20, 2024
    • State-registered IARs · 3 to 5
      Jan 31, 2024 to Mar 20, 2024
    • Discretionary RAUM · $1.7B to $1.9B
      Jan 31, 2024 to Mar 20, 2024
    • HNW RAUM · $702M to $766M
      Jan 31, 2024 to Mar 20, 2024
    • Individual RAUM · $60.1M to $65.7M
      Jan 31, 2024 to Mar 20, 2024
    • Pension RAUM · $19.3M to $23.3M
      Jan 31, 2024 to Mar 20, 2024
    • RAUM · $1.7B to $1.9B
      Jan 31, 2024 to Mar 20, 2024
    • Advisory employees · 5 to 4
      Dec 6, 2023 to Jan 31, 2024
    • Employees · 5 to 4
      Dec 6, 2023 to Jan 31, 2024
    Signals
    4 dated events
    • Mountain Pacific Investment Advisers, Llc reported RAUM $933.7M, down 47% from $1.7B (2025-07-29 to 2026-03-05)
      Mar 5, 2026 · RAUM change · derived
    • Chelsie Stilson left Mountain Pacific Investment Advisers, Llc for Mariner (registered 2024-01-03)
      Jan 31, 2024 · Advisor changed firm · fact
    • Mountain Pacific Investment Advisers Inc reported succeeding to the business of Another Adviser (Form ADV Item 4)
      Oct 30, 2020 · Succession (Item 4) · fact
    • Mountain Pacific Investment Advisers, Llc reported RAUM $1.4B, up 30% from $1.1B (2019-03-08 to 2020-03-24)
      Mar 24, 2020 · RAUM change · derived
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    How to reach
    public business contact points only, each with its source
    Business email
    info@mountain-pacific.comreportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    208-336-1422reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    208-336-1428reportedpublished by the firm, firm site, Sep 16, 2026
    Website
    MOUNTAIN-PACIFIC.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    208-336-1422reportedpublic record, Form ADV, Mar 5, 2026
    Contact form
    mountain-pacific.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
    Provenance
    Form ADV
    SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
    Advisors
    IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
    Class
    Independent wealth managerderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $187Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026