# Piedmont Capital Management, LLC

> Piedmont Capital Management, LLC is an SEC-registered investment advisory firm in Whitefish, MT, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 165775
- Filed as: PIEDMONT CAPITAL MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Whitefish, MT
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/165775
- AdvisorCensus page: https://advisorcensus.com/firm/piedmont-capital-management-llc-whitefish-mt-165775

## Quick answers

**How is Piedmont Capital Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Piedmont Capital Management, LLC reports these compensation arrangements: a percentage of assets under its management.

**How much does Piedmont Capital Management, LLC charge?**
Its Form ADV Part 2A brochure dated March 30, 2026 states: Up to $100,000: 1.5% a year; $100,000 to $250,000: 1.3% a year; $250,000 to $500,000: 1.1% a year; $500,000 to $1,000,000: 0.9% a year; $1,000,000 to $2,000,000: 0.7% a year; $2,000,000 to $5,000,000: 0.5% a year; Above $5,000,000: 0.25% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Piedmont Capital Management, LLC located?**
Piedmont Capital Management, LLC's principal office is in Whitefish, MT, according to its Form ADV.

**Is Piedmont Capital Management, LLC registered with the SEC or a state?**
Piedmont Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 165775.

**How much does Piedmont Capital Management, LLC manage?**
Piedmont Capital Management, LLC reports $231,829,166 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Piedmont Capital Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Piedmont Capital Management, LLC: Regulatory assets under management: $141,682,565 in the October 2021 data and $231,829,166 in the October 2026 data, up 64%. Total employees: 3 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Piedmont Capital Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (403); high net worth individuals (61); charitable organizations (5).

**Which custodians does Piedmont Capital Management, LLC use?**
Piedmont Capital Management, 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 Piedmont Capital 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/165775

**Does Piedmont Capital Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 30, 2026 says: "We currently do not have a minimum account size requirement; however acceptance of a client relationship is at our discretion."

**What changed in Piedmont Capital Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 2 to 3. Regulatory assets under management went from $200,124,845 to $231,829,166 (+16%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Fees and minimums (Form ADV Part 2A brochure dated March 30, 2026)

- Up to $100,000: 1.5% a year
- $100,000 to $250,000: 1.3% a year
- $250,000 to $500,000: 1.1% a year
- $500,000 to $1,000,000: 0.9% a year
- $1,000,000 to $2,000,000: 0.7% a year
- $2,000,000 to $5,000,000: 0.5% a year
- Above $5,000,000: 0.25% a year

> Tier Household Assets Under Management Annual Advisory Fee Rate First $0 - $100,000 1.50% Next $100,000 - $250,000 1.30% Next $250,000 - $500,000 1.10% Next $500,000 - $1,000,000 0.90% Next $1,000,000 - $2,000,000 0.70% Next $2,000,000 - $5,000,000 0.50% Above $5,000,000 0.25%

> This fee is negotiable. Fees are based on the market value of the portfolio at the end of the previous quarter.

- Account minimum: None (the brochure says it may be waived or negotiated)

> We currently do not have a minimum account size requirement; however acceptance of a client relationship is at our discretion.

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: $231,829,166
- Discretionary: $231,829,166
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 403 | $94,679,295 |
| High net worth individuals | 61 | $135,502,376 |
| Charitable organizations | 5 | $946,303 |
| Corporations or other businesses not listed above | Fewer than 5 | $701,192 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Educational seminars/workshops

### Firm details
- Registered since: 2021 (5 years)
- Employees: 3 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, MT, NE, OR, TX, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- piedmontcapitalmt.com
- Facebook @PIEDMONTCAPITALMT
- LinkedIn @PIEDMONTCAPITALMT

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $141,682,565 | 3 | June 10, 2021 |
| October 2022 | $168,495,774 | 3 | March 30, 2022 |
| October 2023 | $155,577,392 | 3 | May 10, 2023 |
| October 2024 | $172,337,686 | 3 | July 2, 2024 |
| October 2025 | $200,124,845 | 2 | March 30, 2025 |
| October 2026 | $231,829,166 | 3 | March 30, 2026 |

Regulatory assets under management: $141,682,565 in the October 2021 data and $231,829,166 in the October 2026 data, up 64%.
Total employees: 3 in October 2021 and 3 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 2 to 3.
- Regulatory assets under management went from $200,124,845 to $231,829,166 (+16%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Piedmont Capital Management, LLC (CRD 165775): Form ADV filing data as of October 2026.