# Frontier Asset Management, LLC

> 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.

- CRD: 109910
- Filed as: FRONTIER ASSET MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Sheridan, WY
- Filing period: October 2026
- Form ADV filing dated: August 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/109910
- AdvisorCensus page: https://advisorcensus.com/firm/frontier-asset-management-llc-sheridan-wy-109910

## Quick answers

**How is Frontier Asset Management, LLC compensated?**
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.

**Where is Frontier Asset Management, LLC located?**
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).

**Is Frontier Asset Management, LLC registered with the SEC or a state?**
Frontier Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2001. Status as filed: Approved. CRD 109910.

**How much does Frontier Asset Management, LLC manage?**
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).

**How have Frontier Asset Management, LLC's assets and staff changed since 2021?**
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.

**What types of clients does Frontier Asset Management, LLC serve?**
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).

**Which custodians does Frontier Asset Management, LLC use?**
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.

**Does Frontier Asset Management, 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/109910

**What changed in Frontier Asset Management, LLC's recent Form ADV filings?**
In the September 2026 filing data: No longer lists an office in Atlanta, GA. 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
- Fixed fees (other than subscription fees)

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

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: $5,487,939,919
- Discretionary: $1,372,797,898
- Non-discretionary: $4,115,142,021

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 2,510 | $538,223,912 |
| High net worth individuals | 605 | $599,779,746 |
| Investment companies | 1 | $267,707,370 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 42 | $26,156,832 |
| Charitable organizations | 18 | $119,166,979 |
| Other investment advisers | 25 | $3,916,635,521 |
| Corporations or other businesses not listed above | 39 | $20,269,559 |

### Advisory services (Item 5.G)
- 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

### Firm details
- Registered since: 2001 (25 years)
- Employees: 42 total, 16 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: 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
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Glendale, CO

### Websites listed on Form ADV (Item 1.I)
- frontierasset.com
- funds.frontierasset.com
- Facebook @FRONTIERASSET
- LinkedIn @frontier-asset-management
- YouTube @frontierassetmanagement

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $6,347,868,882 | 43 | March 29, 2021 |
| October 2022 | $7,202,401,522 | 46 | March 29, 2022 |
| October 2023 | $5,945,548,711 | 50 | March 30, 2023 |
| October 2024 | $5,707,809,597 | 54 | March 19, 2024 |
| October 2025 | $5,345,412,024 | 47 | February 21, 2025 |
| October 2026 | $5,487,939,919 | 42 | August 27, 2026 |

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.

## Changes in the filing (last 12 months)

### September 2026
- No longer lists an office in Atlanta, GA.
- Updated its list of owners and control persons (Schedule A).

### November 2025
- No longer lists the business name Elevate Wealth Management, a Division of Frontier Asset Managment.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Frontier Asset Management, LLC (CRD 109910): Form ADV filing data as of October 2026.