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

Front Street Capital Management, Inc.

Independent wealth managerMissoula, MontanaCRD 141974SEC 801-68139websiteIAPD
Latest filing May 27, 2026
First filing on the tape Mar 28, 2012 · 26 filings
SEC status approved since Jul 17, 2007
RAUM
$862M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
71%
$608M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$172M
derived; firm RAUM over IAPD count
Employees
6
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$862M as of May 27, 2026
Mar 28, 2012$191M then
HNW client RAUM$510M as of May 27, 2026
Mar 30, 2018$274M then
State-registered IARs (5.B.3)4 as of May 27, 2026
Mar 28, 20120 then
Employees (5.A)6 as of May 27, 2026
Mar 26, 20134 then
Private funds: no history
RAUM +40% over the last fiscal year+14% a year over threeIARs 5 to 4
Practice profile
derived from the filing of May 27, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • 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
$172MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
237derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$714,167derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
4.7%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
+40%derivedbetween the last two annual amendments
Advisor growth, one year
-20%derivedItem 5.B.3 between annual amendments
Client growth, one year
-16%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companies, otherreportedItem 5.G
Custody
$13.0M, 1 clientsreportedItem 9.A
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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$510M59%
  • Investment companies$211M24%
  • Individuals$98.1M11%
  • Pension and profit-sharing plans$37.3M4.3%
  • Charitable organizations$3.3M0.4%
  • Corporations and businesses$2.5M0.3%
Individual clients
982reported
HNW clients
203reported
Pension plan clients
6reported
Charitable clients
6reported
Accounts
1,207reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$13.0M for 1 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.71 fund_share=0.24 institutional_share=0.05 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
Russell Thomas PiazzaMissoula, MtOct 10, 200644 y2
Michele Marie BloodMissoula, MtOct 11, 200633 y2
David Jones WildMissoula, MtNov 7, 201319 y2
Dominic Joseph PiazzaMissoula, MtJan 4, 201911 y0
Jeremy David BrownMissoula, MtJan 4, 201910 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 headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Marie Virginia Belker · Chief Compliance Officer / Secretarycontrol
      since 01/2008 · owns less than 5%
    • Marie Michele Blood · Vice Presidentcontrol
      since 09/2006 · owns 10% to 25%
    • Thomas Russell Piazza · Presidentcontrol
      since 09/2006 · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Missoula, Mt · principal500
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • RAUM up 25 %Change between filings · filing Mar 26, 2026
      RAUM (Item 5.F) moved from $614,000,000 to $862,000,000 (+40.0%) between the annual amendments of 2025-03-28 and 2026-03-26; the peer median change was +16.0% (1386 comparable advisers, 91.0th percentile of changes)
      peers: independent wealth managers, $500M to $1B (1,386) · 91% percentile
    What changed
    consecutive filings, newest first
    • Accounts · 1,436 to 1,207
      Mar 28, 2025 to Mar 26, 2026
    • Charity clients · unset to 6.0
      Mar 28, 2025 to Mar 26, 2026
    • Corporate clients · 15 to 10
      Mar 28, 2025 to Mar 26, 2026
    • HNW clients · 215 to 203
      Mar 28, 2025 to Mar 26, 2026
    • Individual clients · 1,195 to 982
      Mar 28, 2025 to Mar 26, 2026
    • Pension plan clients · 10 to 6
      Mar 28, 2025 to Mar 26, 2026
    • Assets in custody · $100M to $13.0M
      Mar 28, 2025 to Mar 26, 2026
    • State-registered IARs · 5 to 4
      Mar 28, 2025 to Mar 26, 2026
    • Discretionary RAUM · $614M to $862M
      Mar 28, 2025 to Mar 26, 2026
    • HNW RAUM · $300M to $510M
      Mar 28, 2025 to Mar 26, 2026
    • Individual RAUM · $104M to $98.1M
      Mar 28, 2025 to Mar 26, 2026
    • Pension RAUM · $26.0M to $37.3M
      Mar 28, 2025 to Mar 26, 2026
    • RAUM · $614M to $862M
      Mar 28, 2025 to Mar 26, 2026
    • Accounts · 1,463 to 1,436
      Apr 8, 2024 to Mar 28, 2025
    • Individual clients · 1,212 to 1,195
      Apr 8, 2024 to Mar 28, 2025
    • Pension plan clients · 20 to 10
      Apr 8, 2024 to Mar 28, 2025
    • Financial planning clients · unset to
      Apr 8, 2024 to Mar 28, 2025
    • Discretionary RAUM · $615M to $614M
      Apr 8, 2024 to Mar 28, 2025
    • HNW RAUM · $315M to $300M
      Apr 8, 2024 to Mar 28, 2025
    • Individual RAUM · $115M to $104M
      Apr 8, 2024 to Mar 28, 2025
    • Pension RAUM · $25.0M to $26.0M
      Apr 8, 2024 to Mar 28, 2025
    • RAUM · $615M to $614M
      Apr 8, 2024 to Mar 28, 2025
    • Accounts · 1,156 to 1,463
      Mar 28, 2023 to Mar 29, 2024
    • Corporate clients · 9 to 15
      Mar 28, 2023 to Mar 29, 2024
    • HNW clients · 190 to 215
      Mar 28, 2023 to Mar 29, 2024
    • Individual clients · 936 to 1,212
      Mar 28, 2023 to Mar 29, 2024
    • Discretionary RAUM · $575M to $615M
      Mar 28, 2023 to Mar 29, 2024
    • HNW RAUM · $269M to $315M
      Mar 28, 2023 to Mar 29, 2024
    • Individual RAUM · $100M to $115M
      Mar 28, 2023 to Mar 29, 2024
    • Pension RAUM · $26.0M to $25.0M
      Mar 28, 2023 to Mar 29, 2024
    • RAUM · $575M to $615M
      Mar 28, 2023 to Mar 29, 2024
    • Accounts · 1,099 to 1,156
      Mar 30, 2022 to Mar 27, 2023
    • Corporate clients · 8 to 9
      Mar 30, 2022 to Mar 27, 2023
    • HNW clients · 168 to 190
      Mar 30, 2022 to Mar 27, 2023
    • Individual clients · 902 to 936
      Mar 30, 2022 to Mar 27, 2023
    • Insurance-licensed employees · 1 to 0
      Mar 30, 2022 to Mar 27, 2023
    • Discretionary RAUM · $653M to $575M
      Mar 30, 2022 to Mar 27, 2023
    • HNW RAUM · $388M to $269M
      Mar 30, 2022 to Mar 27, 2023
    • Individual RAUM · $50.0M to $100M
      Mar 30, 2022 to Mar 27, 2023
    • Pension RAUM · $30.0M to $26.0M
      Mar 30, 2022 to Mar 27, 2023
    Signals
    3 dated events
    • Front Street Capital Management, Inc. reported RAUM $862.0M, up 40% from $614.0M (2025-03-28 to 2026-03-26)
      Mar 26, 2026 · RAUM change · derived
    • Front Street Capital Management, Inc. reported RAUM $653.0M, up 57% from $415.5M (2021-03-30 to 2022-03-29)
      Mar 29, 2022 · RAUM change · derived
    • Front Street Capital Management, Inc. reported RAUM $453.6M, up 35% from $334.9M (2017-03-31 to 2018-03-30)
      Mar 30, 2018 · 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 phone
    406-541-0130reportedpublished by the firm, firm site, Sep 15, 2026
    Firm profile
    linkedin.com/company/front-street-capital-managementreportedpublic record, Form ADV, Sep 17, 2026
    Website
    FRONTSTREETCAP.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    406.541.0130reportedpublic record, Form ADV, May 27, 2026
    Contact form
    frontstreetcap.com/contact-usreportedpublished by the firm, firm site, Sep 15, 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
    $172Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026