Lone Peak Advisers provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 26–50 clients last fiscal year.
Lone Peak Advisers reports 905 clients. They include 855 individual clients and 50 high-net-worth individuals. Of its assets, 100.0% ($125M across 905 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 94% | 60% |
| High-net-worth individuals | 6% | 40% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 855 | $75.4M | 60.1% | $88.2K |
| High-net-worth individuals | 50 | $50M | 39.9% | $1M |
| Total | 905 | $125M | 100% | $139K |
- Clients
- 855
- Regulatory AUM
- $75.4M
- AUM share
- 60.1%
- Avg. per client
- $88.2K
- Clients
- 50
- Regulatory AUM
- $50M
- AUM share
- 39.9%
- Avg. per client
- $1M
Total
- Clients
- 905
- Regulatory AUM
- $125M
- AUM share
- 100%
- Avg. per client
- $139K
- 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
- 26–50
Lone Peak Advisers is paid through a percentage of assets under management. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial planning
- Financial planning is charged at $330.36 per hour with a 3-hour minimum, or a negotiated fixed fee for the plan.
David James owns 75% or more of Lone Peak Advisers. The leadership team of Lone Peak Advisers includes Chief Compliance Officer Brad Myers. It has 8 employees.
Staff
- 8 employees
- 8 in advisory functions
- 6 broker-dealer reps
- 7 insurance agents
- Owns 75% or more of Lone Peak Advisers, LLC
David James
Control person · since May 2018
Lone Peak Advisers’ regulatory assets fell from $197M (May 2021) to $125M (March 2026); clients rose from 800 to 905 and employees fell from 10 to 8.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $125M | 905 | 8 | 1 |
| Mar 2025March 2025 | $119M | 718 | 10 | 1 |
| Jun 2024June 2024 | $115M | 575 | 10 | 2 |
| May 2023May 2023 | $148M | 440 | 10 | 1 |
| Mar 2022March 2022 | $148M | 440 | 10 | 1 |
| May 2021May 2021 | $197M | 800 | 10 | 1 |
Besides its headquarters, Lone Peak Advisers has 0 offices, with 1 listed address in 1 state.
Utah · 1 listed address
- 11650 South State Street, Suite 200, DraperHQ
Other business names
Lone Peak Advisers has reported 4 other business names to the SEC.
- Cartograph Wealth
- DK Financial Network
- Pepperwood Financial
- TB Advisers
Contact and registration details
- Legal name
- Lone Peak Advisers, LLC
- Headquarters
- 11650 South State Street, Suite 200, Draper, UT 84020-7150
- Website
- lonepeakadvisers.com
- Phone
- 801-855-8886
- SEC file
- 801-127627
- Structure
- Utah LLC
- Fiscal year end
- December
Lone Peak Advisers’ named custodians for separately managed accounts are Charles Schwab ($50M, 69%), Assetmark ($20M, 28%) and Interactive Brokers ($2M, 3%). Lone Peak Advisers does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $50M69%
- Interactive BrokersInteractive Brokers LLC · Greenwich, CA · $2M3%
- AssetmarkAssetmark, Inc · Concord, CA · $20M28%
At year end, Lone Peak Advisers’ separately managed accounts were largely in funds (35%) and cash (35%).
What the accounts hold
- Stocks30%
- Funds35%
- Cash35%
How many clients does Lone Peak Advisers have?
Lone Peak Advisers has 905 clients and manages $125 million for them, as of March 2026. They include 855 individual clients and 50 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 3 March 2026
What services does Lone Peak Advisers offer?
Lone Peak Advisers provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Lone Peak Advisers use?
Lone Peak Advisers’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $50M, Assetmark, Inc (Concord, CA), with $20M and Interactive Brokers LLC (Greenwich, CA), with $2M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 3 March 2026
How many financial advisors does Lone Peak Advisers have?
Lone Peak Advisers has 0 investment adviser representatives registered with state securities authorities, out of 8 employees, and 8 perform investment advisory functions. 6 employees are registered representatives of a broker-dealer and 7 employees are 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 Lone Peak Advisers invest in?
At the end of its last fiscal year, Lone Peak Advisers’ separately managed accounts held 35% registered funds (mutual funds, ETFs, BDCs), 35% cash and equivalents and 30% exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Lone Peak Advisers?
Lone Peak Advisers’ direct owner is David James (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 3 March 2026
How does Lone Peak Advisers get paid?
Lone Peak Advisers is paid through a percentage of assets under management. 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 Lone Peak Advisers?
Lone Peak Advisers’ main office is at 11650 South State Street, Suite 200, Draper, UT 84020-7150. Its phone number is 801-855-8886. Its website is lonepeakadvisers.com.