Data / Investment advisers / Montana / Investment Management Group
Investment Management Group, Billings, MT: $5.2 billion AUM, SEC registered investment adviser
Updated November 7, 2026. Source: the SEC's Form ADV data files for investment advisers.
Investment Management Group is an SEC registered investment adviser with its main office in Billings, Montana and reports $5.2 billion in regulatory assets under management in its Form ADV filed July 20, 2026. Its clients include banks and thrifts, high net worth individuals and individuals. It is paid through a percentage of assets under management, fixed fees and other fees.
The request: Watch Investment Management Group (CRD number 122166): each new Form ADV amendment, with AUM, clients and private funds. $10 of work on sign-up, no card.
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- Registration
- SEC registered investment adviser
- CRD number
- 122166
- SEC file number
- 801-61567
- SEC status
- Approved, effective November 8, 2002
- Legal name
- Stockman Wealth Management, Inc.
- Main office
- 2700 King Ave. W, Billings, MT 59102
- Phone
- (406) 655-3960
- Regulatory AUM
- $5,235,996,694 in the Form ADV filed July 20, 2026
- Discretionary AUM
- $1,753,202,838
- Non discretionary AUM
- $3,482,793,856
- Accounts
- 3,098
- Employees
- 30, of which 23 give investment advice
- Form of organization
- Corporation
- Paid through
- a percentage of assets under management, fixed fees, other fees
- Other offices
- 8
- Form ADV Item 11 disclosures
- None reported
- Latest Form ADV filing
- July 20, 2026
- SEC record
- Investment Adviser Public Disclosure
Clients
Client types the adviser reports in Form ADV item 5.D, with the AUM it attributes to each.
| Client type | Clients | AUM |
|---|---|---|
| Banking or thrift institutions | 8 | $3.01 billion |
| High net worth individuals | 379 | $1.04 billion |
| Individuals (other than high net worth individuals) | 960 | $303.3 million |
| Pension and profit sharing plans | 25 | $266.6 million |
| Charitable organizations | 64 | $229 million |
| Corporations or other businesses | 66 | $186.1 million |
| State or municipal government entities | 12 | $165.5 million |
| Insurance companies | 3 | $23.4 million |
AUM in the SEC's monthly files
Each change in the AUM the adviser reported across the monthly SEC files held here, with the first file that shows the new value.
| First in the file of | AUM | Form ADV filed |
|---|---|---|
| February 2, 2026 | $5.24 billion | January 14, 2026 |
| December 1, 2025 | $5.07 billion | November 21, 2025 |
Other advisers in Montana
| Adviser | City | AUM | Private funds | Source |
|---|---|---|---|---|
| D.A. Davidson & Co. | Great Falls | $41.84 billion | Not listed | adviserinfo.sec.gov |
| Davidson Investment Advisors, Inc. | Great Falls | $5.20 billion | Not listed | adviserinfo.sec.gov |
| Stack Financial Management Inc | Whitefish | $1.99 billion | Not listed | adviserinfo.sec.gov |
| Bitterroot Capital Advisors LLC | Bozeman | $1.78 billion | Not listed | adviserinfo.sec.gov |
| Allied Investment Advisors LLC | Billings | $1.49 billion | Not listed | adviserinfo.sec.gov |
| Xypn Sapphire | Bozeman | $1.25 billion | Not listed | adviserinfo.sec.gov |
Also on SpecStream
- Investment advisers in Montana
- Advisers with $1 billion to $10 billion in AUM
- Advisers serving banks and thrifts
- Advisers serving high net worth individuals
- Investment Management Group on the SEC's adviser search
Public data published by the US Securities and Exchange Commission (US government work). Advisers report these values themselves in Form ADV, and neither the SEC nor the states approve or guarantee them. AUM is regulatory assets under management as the adviser reported it in Form ADV item 5.F, which can differ from the AUM a firm quotes elsewhere. Exempt reporting advisers do not report AUM. Office address, phone and website are the adviser's main office as filed; a firm that files its main office as a private residence shows no street address or phone. An Item 11 disclosure is a reported event, not a finding about the firm today. Details for each firm are on the SEC's Investment Adviser Public Disclosure site. This page uses SEC data and is not endorsed or certified by the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.