# Stack Financial Management Inc

> Stack Financial Management Inc is an SEC-registered investment advisory firm in Whitefish, MT, registered since 1994, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 18, 2026.

- CRD: 106785
- Filed as: STACK FINANCIAL MANAGEMENT INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Whitefish, MT
- Filing period: October 2026
- Form ADV filing dated: March 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/106785
- AdvisorCensus page: https://advisorcensus.com/firm/stack-financial-management-inc-whitefish-mt-106785

## Quick answers

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

**Where is Stack Financial Management Inc located?**
Stack Financial Management Inc's principal office is in Whitefish, MT, according to its Form ADV.

**Is Stack Financial Management Inc registered with the SEC or a state?**
Stack Financial Management Inc is an SEC-registered investment advisory firm, registered since 1994. Status as filed: Approved. CRD 106785.

**How much does Stack Financial Management Inc manage?**
Stack Financial Management Inc reports $1,992,243,735 in regulatory assets under management in its Form ADV filing dated March 18, 2026 (100% discretionary).

**How have Stack Financial Management Inc's assets and staff changed since 2021?**
In the Form ADV data for Stack Financial Management Inc: Regulatory assets under management: $1,482,939,958 in the October 2021 data and $1,992,243,735 in the October 2026 data, up 34%. Total employees: 17 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Stack Financial Management Inc serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (590); individuals (other than high net worth individuals) (189); corporations or other businesses not listed above (32).

**Which custodians does Stack Financial Management Inc use?**
Stack Financial Management Inc'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 Stack Financial Management Inc 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/106785

**What changed in Stack Financial Management Inc's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 8 to 7. 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

### 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: $1,992,243,735
- Discretionary: $1,992,243,735
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 189 | $126,842,823 |
| High net worth individuals | 590 | $1,715,657,348 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 10 | $18,253,758 |
| Charitable organizations | 10 | $19,412,355 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 2 | $20,286,547 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 32 | $91,790,904 |

### 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
- Educational seminars/workshops

### Firm details
- Registered since: 1994 (32 years)
- Employees: 14 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, CT, DE, FL, GA, 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, SC, TN, TX, UT, VA, WA, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- stackfinancialmanagement.com
- LinkedIn @stack-financial-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,482,939,958 | 17 | July 28, 2021 |
| October 2022 | $1,712,114,137 | 17 | February 11, 2022 |
| October 2023 | $1,701,274,577 | 17 | March 22, 2023 |
| October 2024 | $1,797,664,736 | 16 | March 20, 2024 |
| October 2025 | $1,895,347,687 | 16 | March 19, 2025 |
| October 2026 | $1,992,243,735 | 14 | March 18, 2026 |

Regulatory assets under management: $1,482,939,958 in the October 2021 data and $1,992,243,735 in the October 2026 data, up 34%.
Total employees: 17 in October 2021 and 14 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 8 to 7.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Stack Financial Management Inc (CRD 106785): Form ADV filing data as of October 2026.