{
  "crd_number": 135769,
  "slug": "tieton-capital-management-yakima-wa-135769",
  "primary_business_name": "TIETON CAPITAL MANAGEMENT",
  "legal_name": "TIETON CAPITAL MANAGEMENT, LLC",
  "dbas": [],
  "city": "Yakima",
  "state": "WA",
  "country": "United States",
  "cbsa_code": "49420",
  "metro": {
    "cbsa_code": "49420",
    "common_name": "Yakima",
    "msa_name": "Yakima, WA",
    "path": "/advisors/wa/yakima"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2006-05-23",
  "years_registered": 20,
  "period": "2026-10-01",
  "filing_date": "2026-03-17",
  "carried_forward": false,
  "raum_total": 313981362.0,
  "raum_discretionary": 313981362.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 3,
  "advisory_employees": 2,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": null
    },
    "charitable": {
      "raum": 43690068.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 41109090.0,
      "count": 31
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": null
    },
    "state_municipal": {
      "raum": 58484226.0,
      "count": null,
      "fewer_than_5": true
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": null
    },
    "investment_companies": {
      "raum": 18587145.0,
      "count": 1
    },
    "pension_profit_sharing": {
      "raum": 0.0,
      "count": null
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": null
    },
    "high_net_worth_individuals": {
      "raum": 86034674.0,
      "count": 14
    },
    "pooled_investment_vehicles": {
      "raum": 66076159.0,
      "count": 1
    },
    "corporations_other_businesses": {
      "raum": 0.0,
      "count": null
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": null
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": null
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "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": [
    "TX",
    "WA"
  ],
  "websites": [
    "https://tietoncapital.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/135769",
  "city_as_filed": "YAKIMA",
  "url": "https://advisorcensus.com/firm/tieton-capital-management-yakima-wa-135769",
  "display_name": "Tieton Capital Management",
  "summary": "Tieton Capital Management is an SEC-registered investment advisory firm in Yakima, WA, registered since 2006, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 17, 2026.",
  "citation": "AdvisorCensus. Tieton Capital Management (CRD 135769): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "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"
  ],
  "quick_answers": [
    {
      "q": "How is Tieton Capital Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Tieton Capital Management reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Tieton Capital Management located?",
      "a": "Tieton Capital Management's principal office is in Yakima, WA, according to its Form ADV."
    },
    {
      "q": "Is Tieton Capital Management registered with the SEC or a state?",
      "a": "Tieton Capital Management is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 135769."
    },
    {
      "q": "How much does Tieton Capital Management manage?",
      "a": "Tieton Capital Management reports $313,981,362 in regulatory assets under management in its Form ADV filing dated March 17, 2026 (100% discretionary)."
    },
    {
      "q": "How have Tieton Capital Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Tieton Capital Management: Regulatory assets under management: $157,003,960 in the October 2021 data and $313,981,362 in the October 2026 data, up 100%. Total employees: 2 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Tieton Capital Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (31); high net worth individuals (14); investment companies (1)."
    },
    {
      "q": "Which custodians does Tieton Capital Management use?",
      "a": "Tieton Capital Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNY (the Bank of New York Mellon), Charles Schwab & Co., Inc., Fidelity Brokerage Services LLC and State Street as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Tieton Capital Management 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/135769"
    },
    {
      "q": "Does Tieton Capital Management state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 17, 2026 says: \"The minimum account size for new clients is $500,000. The minimum will increase as assets under management increase.\""
    },
    {
      "q": "What changed in Tieton Capital Management's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $269,217,733 to $313,981,362 (+17%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 157003960.0,
      "total_employees": 2,
      "filing_date": "2021-03-02"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 202192000.0,
      "total_employees": 3,
      "filing_date": "2022-03-14"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 170222000.0,
      "total_employees": 3,
      "filing_date": "2023-03-07"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 194703811.0,
      "total_employees": 2,
      "filing_date": "2024-03-22"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 269217733.0,
      "total_employees": 3,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 313981362.0,
      "total_employees": 3,
      "filing_date": "2026-03-17"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $269,217,733 to $313,981,362 (+17%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 17, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$500,000",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $500,000"
        ],
        "quotes": [
          "The minimum account size for new clients is $500,000. The minimum will increase as assets under management increase."
        ]
      }
    ],
    "quotes": [
      "The minimum account size for new clients is $500,000. The minimum will increase as assets under management increase."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "BNY (the Bank of New York Mellon)",
      "name_as_filed": "BNY (THE BANK OF NEW YORK MELLON)",
      "affiliated": false
    },
    {
      "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
    },
    {
      "name": "State Street",
      "name_as_filed": "STATE STREET",
      "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/tieton-capital-management-yakima-wa-135769.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 31,
      "fewer_than_5": false,
      "raum": 41109090.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 14,
      "fewer_than_5": false,
      "raum": 86034674.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 18587145.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 66076159.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 43690068.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 58484226.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "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/135769",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}