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

Piedmont Capital Management, LLC

Independent wealth managerWhitefish, MontanaCRD 165775SEC 801-121170websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Apr 8, 2021 · 14 filings
SEC status approved since May 7, 2021
RAUM
$232M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$230M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$77.3M
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$232M as of Mar 30, 2026
Mar 30, 2022$168M then
HNW client RAUM$136M as of Mar 30, 2026
Mar 30, 2022$81.0M then
State-registered IARs (5.B.3)2 as of Mar 30, 2026
Mar 30, 20223 then
Employees (5.A)3 as of Mar 30, 2026
Mar 30, 20223 then
Private funds: no history
RAUM +16% over the last fiscal year+14% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 30, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$77.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
155derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.2MderivedHNW RAUM over HNW clients
Average account
$197,806derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-8.5%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, educational seminarsreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$136M58%
  • Individuals$94.7M41%
  • Charitable organizations$946,3030.4%
  • Corporations and businesses$701,1920.3%
Individual clients
403reported
HNW clients
61reported
Pension plan clients
n/areported
Charitable clients
5reported
Accounts
1,172reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.99 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Thomas Matthew SchuchCertified Financial PlannerWhitefish, MtJan 6, 201413 y1
Andrew Lyle CocoWhitefish, MtOct 29, 201811 y0
Diego Gabriel BiggerstaffWhitefish, MtJul 16, 202610 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
    • Lyle Andrew Coco · Managing Partner & Chief Compliance Officercontrol
      since 02/2024 · owns 50% to 75%
    • Matthew Thomas Schuch · Managing Partnercontrol
      since 02/2024 · owns 50% to 75%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Whitefish, Mt · principal310
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • compensation changedChange between filings · filing Mar 30, 2026
      hourly charges (Item 5.E.2): yes on the filing of 2025-03-30, no on the filing of 2026-03-30
      peers: independent wealth managers, $100M to $500M (5,676)
    What changed
    consecutive filings, newest first
    • Accounts · 1,181 to 1,172
      Mar 30, 2025 to Mar 30, 2026
    • Advisory employees · 2 to 3
      Mar 30, 2025 to Mar 30, 2026
    • Charity clients · unset to 5.0
      Mar 30, 2025 to Mar 30, 2026
    • HNW clients · 50 to 61
      Mar 30, 2025 to Mar 30, 2026
    • Individual clients · 457 to 403
      Mar 30, 2025 to Mar 30, 2026
    • Employees · 2 to 3
      Mar 30, 2025 to Mar 30, 2026
    • Financial planning clients · 0 to 251-500
      Mar 30, 2025 to Mar 30, 2026
    • Discretionary RAUM · $200M to $232M
      Mar 30, 2025 to Mar 30, 2026
    • HNW RAUM · $106M to $136M
      Mar 30, 2025 to Mar 30, 2026
    • Individual RAUM · $92.8M to $94.7M
      Mar 30, 2025 to Mar 30, 2026
    • RAUM · $200M to $232M
      Mar 30, 2025 to Mar 30, 2026
    • Accounts · 1,175 to 1,181
      Jul 2, 2024 to Mar 30, 2025
    • Advisory employees · 3 to 2
      Jul 2, 2024 to Mar 30, 2025
    • HNW clients · 41 to 50
      Jul 2, 2024 to Mar 30, 2025
    • Individual clients · 482 to 457
      Jul 2, 2024 to Mar 30, 2025
    • Employees · 3 to 2
      Jul 2, 2024 to Mar 30, 2025
    • Financial planning clients · 1-10 to 0
      Jul 2, 2024 to Mar 30, 2025
    • State-registered IARs · 3 to 2
      Jul 2, 2024 to Mar 30, 2025
    • Discretionary RAUM · $172M to $200M
      Jul 2, 2024 to Mar 30, 2025
    • HNW RAUM · $82.1M to $106M
      Jul 2, 2024 to Mar 30, 2025
    • Individual RAUM · $88.8M to $92.8M
      Jul 2, 2024 to Mar 30, 2025
    • RAUM · $172M to $200M
      Jul 2, 2024 to Mar 30, 2025
    • Business name · COCO ENTERPRISES, LLC to PIEDMONT CAPITAL MANAGEMENT, LLC
      Mar 25, 2024 to Jun 7, 2024
    • Legal name · COCO ENTERPRISES, LLC to PIEDMONT CAPITAL MANAGEMENT, LLC
      Mar 25, 2024 to Jun 7, 2024
    • Accounts · 1,147 to 1,175
      May 10, 2023 to Mar 25, 2024
    • HNW clients · 36 to 41
      May 10, 2023 to Mar 25, 2024
    • Individual clients · 439 to 482
      May 10, 2023 to Mar 25, 2024
    • Discretionary RAUM · $156M to $172M
      May 10, 2023 to Mar 25, 2024
    • HNW RAUM · $69.8M to $82.1M
      May 10, 2023 to Mar 25, 2024
    • Individual RAUM · $85.0M to $88.8M
      May 10, 2023 to Mar 25, 2024
    • RAUM · $156M to $172M
      May 10, 2023 to Mar 25, 2024
    • HNW clients · 40 to 36
      Mar 30, 2022 to Mar 30, 2023
    • Individual clients · 480 to 439
      Mar 30, 2022 to Mar 30, 2023
    • Discretionary RAUM · $168M to $156M
      Mar 30, 2022 to Mar 30, 2023
    • HNW RAUM · $81.0M to $69.8M
      Mar 30, 2022 to Mar 30, 2023
    • Individual RAUM · $86.7M to $85.0M
      Mar 30, 2022 to Mar 30, 2023
    • RAUM · $168M to $156M
      Mar 30, 2022 to Mar 30, 2023
    • Accounts · 1,059 to 1,147
      Jun 10, 2021 to Mar 30, 2022
    • HNW clients · 34 to 40
      Jun 10, 2021 to Mar 30, 2022
    • Individual clients · 451 to 480
      Jun 10, 2021 to Mar 30, 2022
    Signals
    4 dated events
    • Dion Joseph Coco (Chief Executive Officer, Chief Compliance Officer) no longer on Schedule A of Piedmont Capital Management, Llc (listed 2023-05-10, absent 2024-03-25)
      Mar 25, 2024 · Control person left · inference
    • Matthew Thomas Schuch (Operations Officer) appeared on Schedule A of Piedmont Capital Management, Llc
      Mar 30, 2023 · Control person joined · fact
    • Lyle Andrew Coco (Operations Officer) appeared on Schedule A of Piedmont Capital Management, Llc
      Mar 30, 2023 · Control person joined · fact
    • Coco Enterprises, Llc filed its initial SEC registration (Form ADV)
      Apr 8, 2021 · First SEC registration · fact
    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
    406-862-9400reportedpublished by the firm, firm site, Sep 16, 2026
    Firm profile
    LINKEDIN.COM/COMPANY/PIEDMONTCAPITALMTreportedpublic record, Form ADV, Sep 17, 2026
    Website
    PIEDMONTCAPITALMT.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    406-862-9400reportedpublic record, Form ADV, Mar 30, 2026
    Contact form
    piedmontcapitalmt.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
    Team page
    piedmontcapitalmt.com/who-we-arereportedpublished 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
    $77.3Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026