Frontier Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, and educational seminars.
Frontier Asset Management reports 3,240 clients. They include 2,510 individual clients, 605 high-net-worth individuals, and 42 pension and profit-sharing plans. Of its assets, 25.0% ($1.37B across 3,214 accounts) are managed with discretion; $4.12B across 58 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 77% | 10% |
| High-net-worth individuals | 19% | 11% |
| Investment companies | <1% | 5% |
| Pension and profit-sharing plans | 1% | <1% |
| Charitable organizations | <1% | 2% |
| Other client typesOther investment advisers; Corporations and other businesses | 2% | 72% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 2,510 | $538M | 9.8% | $214K |
| High-net-worth individuals | 605 | $600M | 10.9% | $991K |
| Investment companies | 1 | $268M | 4.9% | $268M |
| Pension and profit-sharing plans | 42 | $26.2M | 0.5% | $623K |
| Charitable organizations | 18 | $119M | 2.2% | $6.62M |
| Other investment advisers | 25 | $3.92B | 71.4% | $157M |
| Corporations and other businesses | 39 | $20.3M | 0.4% | $520K |
| Total | 3,240 | $5.49B | 100% | $1.69M |
- Clients
- 2,510
- Regulatory AUM
- $538M
- AUM share
- 9.8%
- Avg. per client
- $214K
- Clients
- 605
- Regulatory AUM
- $600M
- AUM share
- 10.9%
- Avg. per client
- $991K
- Clients
- 1
- Regulatory AUM
- $268M
- AUM share
- 4.9%
- Avg. per client
- $268M
- Clients
- 42
- Regulatory AUM
- $26.2M
- AUM share
- 0.5%
- Avg. per client
- $623K
- Clients
- 18
- Regulatory AUM
- $119M
- AUM share
- 2.2%
- Avg. per client
- $6.62M
- Clients
- 25
- Regulatory AUM
- $3.92B
- AUM share
- 71.4%
- Avg. per client
- $157M
- Clients
- 39
- Regulatory AUM
- $20.3M
- AUM share
- 0.4%
- Avg. per client
- $520K
Total
- Clients
- 3,240
- Regulatory AUM
- $5.49B
- AUM share
- 100%
- Avg. per client
- $1.69M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Frontier Asset Management is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees); its fees and minimums are set out in its brochures on the SEC website.
Gary Miller owns 50% to 75% of Frontier Asset Management. The leadership team of Frontier Asset Management includes Chief Compliance Officer Erin Foote. It has 42 employees, 16 of them in advisory roles.
Staff
- 42 employees
- 16 in advisory functions
- 11 state-registered reps
- Owns 50% to 75% of Frontier Asset Management, LLC
Gary Miller
Control person · since September 2000
- Owns 10% to 25% of Frontier Asset Management, LLC
Geremy Vanarkel
Control person · since November 2002
- Owns 10% to 25% of Frontier Asset Management, LLC
Robert Miller
Control person · since November 2002
Frontier Asset Management’s regulatory assets fell from $6.35B (March 2021) to $5.49B (August 2026); clients fell from 4,331 to 3,240 and employees were 42 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Aug 2026August 2026 | $5.49B | 3,240 | 42 | 2 |
| Feb 2025February 2025 | $5.35B | 3,525 | 47 | 3 |
| Mar 2024March 2024 | $5.71B | 3,671 | 54 | 3 |
| Mar 2023March 2023 | $5.95B | 4,289 | 50 | 3 |
| Mar 2022March 2022 | $7.2B | 4,579 | 46 | 3 |
| Mar 2021March 2021 | $6.35B | 4,331 | 43 | 3 |
Besides its headquarters, Frontier Asset Management has 1 office, with 2 listed addresses across 2 states.
Colorado · 1 listed address
- 620 S Colorado BLVD, Glendale
Wyoming · 1 listed address
- 50 East Loucks Street, Suite 201, SheridanHQ
Contact and registration details
- Legal name
- Frontier Asset Management, LLC
- Headquarters
- 50 East Loucks Street, Suite 201, Sheridan, WY 82801
- Website
- frontierasset.com
- Phone
- 307-673-5675
- @frontier-asset-management
- SEC file
- 801-60047
- Structure
- Wyoming LLC
- Fiscal year end
- December
Frontier Asset Management’s named custodians for separately managed accounts are Fidelity ($1.03B, 75%) and Charles Schwab ($345M, 25%). Frontier Asset Management does not have custody of client assets.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $1.03B75%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $345M25%
At year end, Frontier Asset Management’s separately managed accounts were mostly in funds (95%). Its reported 13F holdings for the quarter ended 30 June 2026 total $558M across 90 positions; the largest are American Centy ETF TR (12.3%), iShares TR (9.6%) and T Rowe Price Exchange-traded (6.6%).
What the accounts hold
- Stocks4%
- Funds95%
- Cash1%
How many clients does Frontier Asset Management have?
Frontier Asset Management has 3,240 clients and manages $5.49 billion for them, as of August 2026. They include 2,510 individual clients, 605 high-net-worth individuals, and 42 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 August 2026
What services does Frontier Asset Management offer?
Frontier Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Frontier Asset Management use?
Frontier Asset Management’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $1.03B and Charles Schwab & Co., Inc. (San Francisco, CA), with $345M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 August 2026
How many financial advisors does Frontier Asset Management have?
Frontier Asset Management has 11 investment adviser representatives registered with state securities authorities, out of 42 employees, and 16 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Frontier Asset Management invest in?
At the end of its last fiscal year, Frontier Asset Management’s separately managed accounts held 95% registered funds (mutual funds, ETFs, BDCs), 4% exchange-traded equities and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Frontier Asset Management?
Frontier Asset Management’s direct owners are Gary Miller (50% to 75%), Geremy Vanarkel (10% to 25%) and Robert Miller (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 27 August 2026
How does Frontier Asset Management get paid?
Frontier Asset Management is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Frontier Asset Management?
Frontier Asset Management’s main office is at 50 East Loucks Street, Suite 201, Sheridan, WY 82801. Its phone number is 307-673-5675. Its website is frontierasset.com.
