# Allied Investment Advisors LLC

> Allied Investment Advisors LLC is an SEC-registered investment advisory firm in Billings, MT, registered since 2014, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 29, 2026.

- CRD: 159103
- Filed as: ALLIED INVESTMENT ADVISORS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Billings, MT
- Filing period: October 2026
- Form ADV filing dated: July 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/159103
- AdvisorCensus page: https://advisorcensus.com/firm/allied-investment-advisors-llc-billings-mt-159103

## Quick answers

**How is Allied Investment Advisors LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Allied Investment Advisors LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; subscription fees (for a newsletter or periodical).

**How much does Allied Investment Advisors LLC charge?**
Its Form ADV Part 2A brochure dated July 29, 2026 states: Hourly rate: $75 to $200 an hour (Certified Divorce Financial analysis). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Allied Investment Advisors LLC located?**
Allied Investment Advisors LLC's principal office is in Billings, MT, according to its Form ADV; the August 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Allied Investment Advisors LLC registered with the SEC or a state?**
Allied Investment Advisors LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 159103.

**How much does Allied Investment Advisors LLC manage?**
Allied Investment Advisors LLC reports $1,488,036,876 in regulatory assets under management in its Form ADV filing dated July 29, 2026 (99% discretionary).

**How have Allied Investment Advisors LLC's assets and staff changed since 2021?**
In the Form ADV data for Allied Investment Advisors LLC: Regulatory assets under management: $495,502,304 in the October 2021 data and $1,488,036,876 in the October 2026 data, up 200%. Total employees: 7 in October 2021 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Allied Investment Advisors LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (646); high net worth individuals (307); pension and profit sharing plans (but not the plan participants or government pension plans) (77).

**Which custodians does Allied Investment Advisors LLC use?**
Allied Investment Advisors LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Allied Investment Advisors LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/159103

**What changed in Allied Investment Advisors LLC's recent Form ADV filings?**
In the August 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Subscription fees (for a newsletter or periodical)

### Fees and minimums (Form ADV Part 2A brochure dated July 29, 2026)

- Hourly rate: $75 to $200 an hour (Certified Divorce Financial analysis)

> Fees are negotiable and based on an hourly fee ranging from $75- $200/ hour.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $1,488,036,876
- Discretionary: $1,467,503,115
- Non-discretionary: $20,533,761

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 646 | $182,908,259 |
| High net worth individuals | 307 | $785,749,775 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 77 | $353,646,696 |
| Charitable organizations | 14 | $95,923,322 |
| Corporations or other businesses not listed above | 27 | $69,808,824 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Publication of periodicals or newsletters
- Other

### Firm details
- Registered since: 2014 (12 years)
- Employees: 12 total, 11 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AZ, CA, CO, ID, MT, ND, NE, SD, TN, TX, WA, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Conrad, MT

### Websites listed on Form ADV (Item 1.I)
- alliedinvest.net
- LinkedIn @allied-investment-advisors

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $495,502,304 | 7 | August 10, 2021 |
| October 2022 | $666,886,891 | 10 | March 10, 2022 |
| October 2023 | $734,330,767 | 12 | April 20, 2023 |
| October 2024 | $911,831,543 | 12 | February 21, 2024 |
| October 2025 | $1,134,563,584 | 10 | March 27, 2025 |
| October 2026 | $1,488,036,876 | 12 | July 29, 2026 |

Regulatory assets under management: $495,502,304 in the October 2021 data and $1,488,036,876 in the October 2026 data, up 200%.
Total employees: 7 in October 2021 and 12 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Updated its list of owners and control persons (Schedule A).

### March 2026
- Employees performing advisory functions went from 9 to 11.
- Regulatory assets under management went from $1,134,563,584 to $1,488,036,876 (+31%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Allied Investment Advisors LLC (CRD 159103): Form ADV filing data as of October 2026.