# Vista Investment Management, LLC

> Vista Investment Management, LLC is an SEC-registered investment advisory firm in Pittsburgh, PA, registered since 2018, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 116068
- Filed as: VISTA INVESTMENT MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Pittsburgh, PA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/116068
- AdvisorCensus page: https://advisorcensus.com/firm/vista-investment-management-llc-pittsburgh-pa-116068

## Quick answers

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

**Where is Vista Investment Management, LLC located?**
Vista Investment Management, LLC's principal office is in Pittsburgh, PA, according to its Form ADV.

**Is Vista Investment Management, LLC registered with the SEC or a state?**
Vista Investment Management, LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 116068.

**How much does Vista Investment Management, LLC manage?**
Vista Investment Management, LLC reports $323,938,503 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (99% discretionary).

**How have Vista Investment Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Vista Investment Management, LLC: Regulatory assets under management: $185,219,121 in the October 2021 data and $323,938,503 in the October 2026 data, up 75%. Total employees: 4 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Vista Investment Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (102); high net worth individuals (78); corporations or other businesses not listed above (5).

**Which custodians does Vista Investment Management, LLC use?**
Vista Investment 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 Vista Investment Management, LLC report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.E(4) (self-regulatory organization's expulsion, suspension, bar, or restriction). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/116068

**Does Vista Investment Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 31, 2026 says: "Vista has a stated minimum account value of $1 million per client relationship. Client relationships often include multiple accounts."

**What changed in Vista Investment Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $286,317,129 to $323,938,503 (+13%). Registered or notice-filed in TX.

## 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 31, 2026)

- Account minimum: $1,000,000

> Vista has a stated minimum account value of $1 million per client relationship. Client relationships often include multiple accounts.

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: $323,938,503
- Discretionary: $319,218,986
- Non-discretionary: $4,719,517

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 102 | $39,335,793 |
| High net worth individuals | 78 | $243,477,100 |
| Charitable organizations | 4 | $5,239,001 |
| Corporations or other businesses not listed above | 5 | $35,886,609 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services

### Firm details
- Registered since: 2018 (8 years)
- Employees: 4 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, NC, PA, TX
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.E(4): Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/116068

### Websites listed on Form ADV (Item 1.I)
- vista-im.com
- LinkedIn @vista-im

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $185,219,121 | 4 | March 30, 2021 |
| October 2022 | $212,170,993 | 3 | March 31, 2022 |
| October 2023 | $207,681,242 | 3 | March 31, 2023 |
| October 2024 | $273,678,968 | 4 | March 31, 2024 |
| October 2025 | $286,317,129 | 4 | March 29, 2025 |
| October 2026 | $323,938,503 | 4 | March 31, 2026 |

Regulatory assets under management: $185,219,121 in the October 2021 data and $323,938,503 in the October 2026 data, up 75%.
Total employees: 4 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $286,317,129 to $323,938,503 (+13%).
- Registered or notice-filed in TX.

### January 2026
- No longer registered or notice-filed in LA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Vista Investment Management, LLC (CRD 116068): Form ADV filing data as of October 2026.