Peak Asset Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, business succession planning, education planning, estate planning, insurance, philanthropic planning, and tax planning. Financial planning was provided to 1–10 clients last fiscal year.
Peak Asset Management reports 342 clients. They include 215 high-net-worth individuals, 118 individual clients and 9 charitable organizations. Of its assets, 99.3% ($1B across 1,105 accounts) are managed with discretion; $7.13M across 14 accounts are not. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 35% | 6% |
| High-net-worth individuals | 63% | 91% |
| Pension and profit-sharing plans | Fewer than 5 | <1% |
| Charitable organizations | 3% | 3% |
| Corporations and other businesses | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 118 | $58.9M | 5.8% | $499K |
| High-net-worth individuals | 215 | $920M | 91.0% | $4.28M |
| Pension and profit-sharing plans | Fewer than 5 | $4.09M | 0.4% | — |
| Charitable organizations | 9 | $26.6M | 2.6% | $2.95M |
| Corporations and other businesses | Fewer than 5 | $1.21M | 0.1% | — |
| Total | 342 | $1.01B | 100% | — |
- Clients
- 118
- Regulatory AUM
- $58.9M
- AUM share
- 5.8%
- Avg. per client
- $499K
- Clients
- 215
- Regulatory AUM
- $920M
- AUM share
- 91.0%
- Avg. per client
- $4.28M
- Clients
- Fewer than 5
- Regulatory AUM
- $4.09M
- AUM share
- 0.4%
- Avg. per client
- —
- Clients
- 9
- Regulatory AUM
- $26.6M
- AUM share
- 2.6%
- Avg. per client
- $2.95M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.21M
- AUM share
- 0.1%
- Avg. per client
- —
Total
- Clients
- 342
- Regulatory AUM
- $1.01B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Peak Asset Management charges 0.50%–1.25% a year for its Portfolio management services. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable, has a $11,125 annual minimum and requires an account of at least $1,000,000. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 1.25% |
| $500K–$1M | 1.00% |
| $1M–$2.5M | 0.75% |
| $2.5M and above | 0.50% |
Fee details and sources
Other fees
- Financial planning
- Financial planning for clients not in investment management is a separate fixed fee, agreed in advance, of $2,500 to $10,000.
- Retirement plan advisory services
- Company-sponsored retirement plans pay a negotiated annual fee of 0.50% to 1.25%, billed quarterly at 25% of the annual fee.
Tara Hume Financial Consulting, LLC owns 50% to 75% of Peak Asset Management and is in turn owned by Tara Hefty (75% or more). It has 16 employees, 14 of them in advisory roles.
Leadership
- John McCorvieCCO
Investment adviser representatives
14 representatives listed in the SEC register as of 9 October 2026.
- Bethany Alyssa Aylor
- Noel Fletcher Bennett
- Sophia Newbury Berglund
- Grant Bugner
- Timothy Macgruder Burt
- Jason Roland Foster
- Peter Viking Hedberg
- Tara Jill Hefty
- John Neal McCorvie JR
- Julie Fauble Pribble
- Terry L Robinette
- John Hotchkiss Russell
- Cassidy Steck
- Brent Charles Yanagida
Staff
- 16 employees
- 14 in advisory functions
- 14 state-registered reps
- 2 soliciting firms
- Owns 50% to 75% of Peak Asset Management, LLC
Tara Hume Financial Consulting, LLC
Control person · since April 2009
- Owns 75% or more of Tara Hume Financial Consulting, LLC
Tara Hefty
Control person · since April 2009
- Owns 25% to 50% of Peak Asset Management, LLC
McCorvie Financial, LLC
Control person · since January 2023
- Owns 75% or more of McCorvie Financial, LLC
John McCorvie
Control person · since January 2023
Peak Asset Management’s regulatory assets grew from $729M (June 2021) to $1.01B (March 2026); clients rose from 320 to 342 and employees from 11 to 16. In 2026, New West Investment Management joined it.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $1.01B | 342 | 16 | 1 |
| Apr 2025April 2025 | $910M | 322 | 16 | 1 |
| Mar 2024March 2024 | $825M | 308 | 16 | 1 |
| Jun 2023June 2023 | $703M | 290 | 15 | 1 |
| Mar 2022March 2022 | $752M | 270 | 13 | 1 |
| Jun 2021June 2021 | $729M | 320 | 11 | 1 |
Firms that joined
20261 joined
- New West Investment ManagementNo filed AUM
Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.
Besides its headquarters, Peak Asset Management has 0 offices, with 1 listed address in 1 state.
Colorado · 1 listed address
- 1371 E. Hecla Drive, Suite A, LouisvilleHQ
Contact and registration details
- Legal name
- Peak Asset Management, LLC
- Headquarters
- 1371 E. Hecla Drive, Suite A, Louisville, CO 80027
- Website
- peakam.com
- Phone
- 303-926-0100
- SEC file
- 801-52118
- Founded
- 1994
- Structure
- Colorado LLC
- Fiscal year end
- December
Peak Asset Management’s named custodian for separately managed accounts is Charles Schwab ($1.01B). Peak Asset Management has custody of $443M for 309 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $1.01B100%
At year end, Peak Asset Management’s separately managed accounts were largely in stocks (45%) and funds (41%). Its reported 13F holdings for the quarter ended 30 June 2026 total $680M across 181 positions; the largest are Apple Inc. (5.0%), Alphabet Inc. (4.7%) and Cisco Sys Inc. (4.2%).
What the accounts hold
- Stocks45%
- Funds41%
- Bonds8%
- U.S. government and agency bonds4%
- State and local bonds2%
- Investment grade corporate bonds2%
- Cash6%
Reported 13F holdings
- $680M
- Reported 13F value
- 181
- Positions
- 37.6%
- In the 10 largest
- +20.0%
- Value vs. prior quarter
- Apple Inc.5.0%
- Alphabet Inc. · Cap Stk CL A4.7%
- Cisco Sys Inc.4.2%
- JPMORGAN Chase & CO4.0%
- Microsoft Corp.3.7%
- Fortinet Inc.3.6%
- SPDR Series Trust · ST Str BL 12 ETF3.3%
- Vanguard Scottsdale Fds · Short Term Treas3.3%
- American Centy ETF TR · US Sml CP Valu3.1%
- Invesco Exchange Traded FD T · S&P500 Eql Wgt2.9%
Together, the ten largest are 37.6% of reported value.
How many clients does Peak Asset Management have?
Peak Asset Management has 342 clients and manages $1.01 billion for them, as of March 2026. They include 215 high-net-worth individuals, 118 individual clients and 9 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 12 March 2026
What services does Peak Asset Management offer?
Peak Asset Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, business succession planning, education planning, estate planning, insurance, philanthropic planning, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Peak Asset Management charge?
Peak Asset Management charges 0.50%–1.25% a year for its Portfolio management services. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable, has a $11,125 annual minimum and requires an account of at least $1,000,000.
Which custodians does Peak Asset Management use?
Peak Asset Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $1.01B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 12 March 2026
How many financial advisors does Peak Asset Management have?
Peak Asset Management has 14 investment adviser representatives registered with state securities authorities, out of 16 employees, and 14 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 Peak Asset Management invest in?
At the end of its last fiscal year, Peak Asset Management’s separately managed accounts held 45% exchange-traded equities, 41% registered funds (mutual funds, ETFs, BDCs), 6% cash and equivalents, 4% U.S. government and agency bonds, 2% state and local bonds and 2% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Peak Asset Management have a minimum investment?
Yes, Peak Asset Management’s minimum account size for its Portfolio management services is $1M. It charges a $11.125K annual minimum fee.
Who owns Peak Asset Management?
Peak Asset Management is owned through holding companies by Tara Hefty and John McCorvie. Its direct owners are Tara Hume Financial Consulting, LLC (50% to 75%) and McCorvie Financial, LLC (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 12 March 2026
How does Peak Asset Management get paid?
Peak Asset Management is paid through a percentage of assets under management 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 Peak Asset Management?
Peak Asset Management’s main office is at 1371 E. Hecla Drive, Suite A, Louisville, CO 80027. Its phone number is 303-926-0100. Its website is peakam.com.