Front Street Capital Management, Inc. is a large advisory firm based in Missoula. It manages $431 million of regulatory assets for 1,000 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Arizona, California, Colorado, and 7 other states.
Front Street Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, and consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Front Street Capital Management, Inc. is $431 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 164% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Front Street Capital Management, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Russell Thomas Piazza is high net worth individuals with 100 clients and $169.41 million of assets under management. Among the 10 most similar advisory firms, Front Street Capital Management has the 3rd lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $431 million for 1,000 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Front Street Capital Management doesn't advise any private funds.
The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Russell Thomas Piazza has been acting as President since 1 Sep 2006. David Jones Wild joined the executive team most recently as the Shareholder.
The principal office where Front Street Capital Management, Inc. performs its advisory services is located at 218 East Front Street, Suite 205, Missoula, MT 59802, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 406.541.0130 or by fax 406.541.0133. The normal business hours are 7:30 am to 4:30 pm on Monday - Friday. You can find more information about the New York firm at frontstreetcap.com/.