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.

Former SEC-registered adviser

Montibus Capital Management LLC.

Former SEC-registered adviserPortland, OregonCRD 143308SEC 801-67620IAPD
Latest filing Jan 30, 2015
First filing on the tape Apr 2, 2012 · 21 filings
RAUM
$1.0B
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
17
4 advisory (5.B.1)
Offices
n/a
beyond the principal office
Private funds
0
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$1.0B as of Jan 30, 2015
Apr 2, 2012$213M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jan 30, 2015
Mar 28, 20130 then
Employees (5.A)17 as of Jan 30, 2015
Mar 28, 201315 then
Private funds: no history
RAUM +2.9% over the last fiscal year+68% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jan 30, 2015; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$5.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+2.9%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • a related person acts as qualified custodian (9.D.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
190reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    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
      • Chih-Hao Michael Chien · Chief Legal Officercontrol
        since 01/2015 · owns less than 5%
      • Andrew Kenneth Korngiebel · Chief Investment Officercontrol
        since 10/2006 · owns 10% to 25%
      • Allen Scott Roberts · Presidentcontrol
        since 04/2014 · owns less than 5%
      • Wilson Thomas Weisel · Chairman, Board Of Managerscontrol
        since 10/2006 · owns less than 5%
      • John Stephen Bushmann · Cfo
        since 11/2012 · owns less than 5%
      • Cynthia Perez · Chief Operating Officer
        since 01/2007 · owns less than 5%
      • Anne Elizabeth Watkins · Chief Compliance Officer
        since 04/2014 · owns less than 5%
      Entity owners
      • Thomas Weisel Asset Management LLC · Shareholder
        direct · owns 50% to 75%
      • Stifel Financial Corp · Shareholder
        indirect · owns 75% or more of Thomas Weisel Partners Group Inc. · public reporting company
      • Thomas Weisel Partners Group Inc. · Shareholder
        indirect · owns 75% or more of Thomas Weisel Asset Management LLC
      Related persons
      Schedule D 7.A
      Advisers that list Montibus Capital Management LLC. as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Portland, OR
      What changed
      consecutive filings, newest first
      • Accounts · 51 to 190
        Jul 29, 2014 to Jan 30, 2015
      • Advisory employees · 5 to 4
        Jul 29, 2014 to Jan 30, 2015
      • BD registered reps · 2 to 1
        Jul 29, 2014 to Jan 30, 2015
      • Employees · 14 to 17
        Jul 29, 2014 to Jan 30, 2015
      • Discretionary RAUM · $955M to $982M
        Jul 29, 2014 to Jan 30, 2015
      • Non-discretionary RAUM · $20.8M to $20.7M
        Jul 29, 2014 to Jan 30, 2015
      • RAUM · $975M to $1.0B
        Jul 29, 2014 to Jan 30, 2015
      • Accounts · 54 to 51
        Mar 28, 2014 to Mar 31, 2014
      • Business name · TIMBERLINE ASSET MANAGEMENT LLC. to MONTIBUS CAPITAL MANAGEMENT LLC.
        Mar 28, 2014 to Mar 31, 2014
      • Employees · 15 to 14
        Mar 28, 2014 to Mar 31, 2014
      • Legal name · TIMBERLINE ASSET MANAGEMENT LLC. to MONTIBUS CAPITAL MANAGEMENT LLC.
        Mar 28, 2014 to Mar 31, 2014
      • Discretionary RAUM · $668M to $955M
        Mar 28, 2014 to Mar 31, 2014
      • Non-discretionary RAUM · $0 to $20.8M
        Mar 28, 2014 to Mar 31, 2014
      • RAUM · $668M to $975M
        Mar 28, 2014 to Mar 31, 2014
      • Related bank · false to true
        Mar 28, 2014 to Mar 31, 2014
      • Related insurance company · true to false
        Mar 28, 2014 to Mar 31, 2014
      • Accounts · 56 to 54
        Jan 16, 2013 to Mar 28, 2013
      • Advisory employees · 15 to 5
        Jan 16, 2013 to Mar 28, 2013
      • Advisory activities · 3 to 4
        Jan 16, 2013 to Mar 28, 2013
      • Discretionary RAUM · $588M to $668M
        Jan 16, 2013 to Mar 28, 2013
      • RAUM · $588M to $668M
        Jan 16, 2013 to Mar 28, 2013
      • Advisory employees · unset to 15.0
        Oct 26, 2012 to Dec 18, 2012
      • BD registered reps · unset to 2.0
        Oct 26, 2012 to Dec 18, 2012
      • Employees · unset to 15.0
        Oct 26, 2012 to Dec 18, 2012
      • State-registered IARs · unset to 0.0
        Oct 26, 2012 to Dec 18, 2012
      • Accounts · 49 to 56
        Jul 26, 2012 to Oct 17, 2012
      • Discretionary RAUM · $289M to $588M
        Jul 26, 2012 to Oct 17, 2012
      • RAUM · $289M to $588M
        Jul 26, 2012 to Oct 17, 2012
      • Accounts · 47 to 49
        Jul 12, 2012 to Jul 26, 2012
      • Discretionary RAUM · $213M to $289M
        Jul 12, 2012 to Jul 26, 2012
      • RAUM · $213M to $289M
        Jul 12, 2012 to Jul 26, 2012
      • HQ city · SAN FRANCISCO to PORTLAND
        Apr 2, 2012 to Apr 30, 2012
      • HQ state · CA to OR
        Apr 2, 2012 to Apr 30, 2012
      • Business name · TW ASSET MANAGEMENT LLC to TIMBERLINE ASSET MANAGEMENT LLC.
        Apr 30, 2012 to Apr 30, 2012
      • Legal name · TW ASSET MANAGEMENT LLC to TIMBERLINE ASSET MANAGEMENT LLC.
        Apr 30, 2012 to Apr 30, 2012
      Signals
      No event on the tape.
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      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
      Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026