{ "crd_number": 109910, "slug": "frontier-asset-management-llc-sheridan-wy-109910", "primary_business_name": "FRONTIER ASSET MANAGEMENT, LLC", "legal_name": "FRONTIER ASSET MANAGEMENT, LLC", "dbas": [], "city": "Sheridan", "state": "WY", "country": "United States", "cbsa_code": "43260", "metro": null, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2001-03-09", "years_registered": 25, "period": "2026-10-01", "filing_date": "2026-08-27", "carried_forward": false, "raum_total": 5487939919.0, "raum_discretionary": 1372797898.0, "raum_non_discretionary": 4115142021.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 42, "advisory_employees": 16, "client_count_bucket": null, "clients_by_type": { "charitable": { "raum": 119166979.0, "count": 18 }, "individuals": { "raum": 538223912.0, "count": 2510 }, "investment_companies": { "raum": 267707370.0, "count": 1 }, "pension_profit_sharing": { "raum": 26156832.0, "count": 42 }, "other_investment_advisers": { "raum": 3916635521.0, "count": 25 }, "high_net_worth_individuals": { "raum": 599779746.0, "count": 605 }, "corporations_other_businesses": { "raum": 20269559.0, "count": 39 } }, "compensation_types": [ "fixed", "hourly", "percentage_of_aum" ], "advisory_activities": [ "educational_seminars", "portfolio_management_businesses_institutional", "portfolio_management_individuals", "portfolio_management_investment_companies", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "AK", "AL", "AR", "AZ", "CA", "CO", "CT", "DC", "DE", "FL", "GA", "HI", "IA", "ID", "IL", "IN", "KS", "KY", "LA", "MA", "MD", "ME", "MI", "MN", "MO", "MS", "MT", "NC", "ND", "NE", "NH", "NJ", "NM", "NV", "NY", "OH", "OK", "OR", "PA", "RI", "SC", "SD", "TN", "TX", "UT", "VA", "VT", "WA", "WI", "WV", "WY" ], "websites": [ "https://facebook.com/FRONTIERASSET", "https://frontierasset.com", "https://funds.frontierasset.com", "https://linkedin.com/company/frontier-asset-management/mycompany/verification", "https://youtube.com/@frontierassetmanagement" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/109910", "city_as_filed": "SHERIDAN", "url": "https://advisorcensus.com/firm/frontier-asset-management-llc-sheridan-wy-109910", "display_name": "Frontier Asset Management, LLC", "summary": "Frontier Asset Management, LLC is an SEC-registered investment advisory firm in Sheridan, WY, registered since 2001, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 27, 2026.", "citation": "AdvisorCensus. Frontier Asset Management, LLC (CRD 109910): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Hourly charges", "Fixed fees (other than subscription fees)" ], "advisory_activity_labels": [ "Portfolio management for individuals and/or small businesses", "Portfolio management for investment companies (and business development companies)", "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients", "Educational seminars/workshops" ], "quick_answers": [ { "q": "How is Frontier Asset Management, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Frontier Asset Management, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Frontier Asset Management, LLC located?", "a": "Frontier Asset Management, LLC's principal office is in Sheridan, WY, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is Frontier Asset Management, LLC registered with the SEC or a state?", "a": "Frontier Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2001. Status as filed: Approved. CRD 109910." }, { "q": "How much does Frontier Asset Management, LLC manage?", "a": "Frontier Asset Management, LLC reports $5,487,939,919 in regulatory assets under management in its Form ADV filing dated August 27, 2026 (25% discretionary)." }, { "q": "How have Frontier Asset Management, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Frontier Asset Management, LLC: Regulatory assets under management: $6,347,868,882 in the October 2021 data and $5,487,939,919 in the October 2026 data, down 14%. Total employees: 43 in October 2021 and 42 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Frontier Asset Management, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (2,510); high net worth individuals (605); pension and profit sharing plans (but not the plan participants or government pension plans) (42)." }, { "q": "Which custodians does Frontier Asset Management, LLC use?", "a": "Frontier Asset Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Frontier Asset Management, LLC report any disciplinary disclosures?", "a": "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/109910" }, { "q": "What changed in Frontier Asset Management, LLC's recent Form ADV filings?", "a": "In the September 2026 filing data: No longer lists an office in Atlanta, GA. Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 6347868882.0, "total_employees": 43, "filing_date": "2021-03-29" }, { "period": "2022-10-01", "regulatory_assets_under_management": 7202401522.0, "total_employees": 46, "filing_date": "2022-03-29" }, { "period": "2023-10-01", "regulatory_assets_under_management": 5945548711.0, "total_employees": 50, "filing_date": "2023-03-30" }, { "period": "2024-10-01", "regulatory_assets_under_management": 5707809597.0, "total_employees": 54, "filing_date": "2024-03-19" }, { "period": "2025-10-01", "regulatory_assets_under_management": 5345412024.0, "total_employees": 47, "filing_date": "2025-02-21" }, { "period": "2026-10-01", "regulatory_assets_under_management": 5487939919.0, "total_employees": 42, "filing_date": "2026-08-27" } ], "recent_changes": [ { "period": "2026-09-01", "period_label": "September 2026", "notes": [ "No longer lists an office in Atlanta, GA.", "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2025-11-01", "period_label": "November 2025", "notes": [ "No longer lists the business name Elevate Wealth Management, a Division of Frontier Asset Managment." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "affiliated": false }, { "name": "Fidelity Brokerage Services LLC", "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC", "affiliated": false } ], "custodians_note": "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.", "markdown_url": "https://advisorcensus.com/firm/frontier-asset-management-llc-sheridan-wy-109910.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 2510, "fewer_than_5": false, "raum": 538223912.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 605, "fewer_than_5": false, "raum": 599779746.0 }, { "type": "investment_companies", "label": "Investment companies", "count": 1, "fewer_than_5": false, "raum": 267707370.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 42, "fewer_than_5": false, "raum": 26156832.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 18, "fewer_than_5": false, "raum": 119166979.0 }, { "type": "other_investment_advisers", "label": "Other investment advisers", "count": 25, "fewer_than_5": false, "raum": 3916635521.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 39, "fewer_than_5": false, "raum": 20269559.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/109910", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }