{"url":"https://nivawealth.com/firms/sky-mountain-capital-management-312915","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/312915","regulatoryAum":210568182,"crd":"312915","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"3140176","suffix":null,"lastName":"COLEMAN","firstName":"AMANDA","middleName":"ZOE"},{"crd":"4880849","suffix":"III","lastName":"NELSON","firstName":"THOMAS","middleName":"E"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-07-02","regulatoryAum":105700000,"clients":100,"employees":2,"offices":1},{"filedOn":"2022-03-02","regulatoryAum":131597000,"clients":122,"employees":2,"offices":1},{"filedOn":"2023-02-15","regulatoryAum":131317200,"clients":137,"employees":2,"offices":1},{"filedOn":"2024-02-13","regulatoryAum":148256000,"clients":140,"employees":2,"offices":1},{"filedOn":"2025-02-20","regulatoryAum":188839159,"clients":138,"employees":2,"offices":1},{"filedOn":"2026-02-26","regulatoryAum":210568182,"clients":141,"employees":2,"offices":1}],"secFileNumber":"801-120497","legalName":"Sky-Mountain Capital Management, Inc.","displayName":"Sky-Mountain Capital Management","slug":"sky-mountain-capital-management-312915","website":"https://sky-mountaincapital.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/312915/08b3f1268a9b19df-r1.webp","tone":"dark","width":1059,"height":200,"sourceUrl":"https://sky-mountaincapital.com/","sourceLabel":"Sky-mountain Capital Management, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"2021","organization":"Idaho corporation","fiscalYearEnd":"December","headquarters":{"street":"251 Northwood Way, Suite H","city":"Ketchum","state":"ID","stateName":"Idaho","country":"United States","postalCode":"83340"},"tradeNames":[],"registration":{"secApproved":"11 March 2021","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1493391.3617021276,"staff":{"employees":2,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":210568182,"discretionary":207156137,"discretionaryAccounts":505,"nonDiscretionary":3412045,"nonDiscretionaryAccounts":14,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":10},"clientTypes":[{"label":"Individuals (other than HNW)","clients":87,"regulatoryAum":58441648},{"label":"High-net-worth individuals","clients":54,"regulatoryAum":152126534}],"feePrograms":[{"role":"main","program":"Investment Management","feeBasis":"marginal","fee_tiers":[{"to":1000000,"pct":1,"from":0},{"to":null,"pct":0.5,"from":1000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1012312","versionId":1012312,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-02-26","documentName":"SKY MOUNTAIN CAPITAL MANAGEMENT ADV PART 2A","fee_rate_low":0.5,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Consulting Services","summary":"Consulting services are billed hourly at $450 per hour, are negotiable, and are due within ten days of invoice.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1012312","versionId":1012312,"submittedOn":"2026-02-26","documentName":"SKY MOUNTAIN CAPITAL MANAGEMENT ADV PART 2A"},{"role":"other","program":"Financial Planning","summary":"Stand-alone financial planning is billed hourly at $450, with an initial plan generally taking 10 to 15 hours; planning and consulting are generally complimentary for investment management clients.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1012312","versionId":1012312,"submittedOn":"2026-02-26","documentName":"SKY MOUNTAIN CAPITAL MANAGEMENT ADV PART 2A"},{"role":"other","program":"Retirement Plan Advisory Services","summary":"Retirement plan advisory fees are negotiable and set in the investment advisory agreement; the maximum investment advisory fee is 1%, billed quarterly in advance or in arrears.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1012312","versionId":1012312,"submittedOn":"2026-02-26","documentName":"SKY MOUNTAIN CAPITAL MANAGEMENT ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T16:54:23.157839+00:00","documents":[{"name":"SKY MOUNTAIN CAPITAL MANAGEMENT ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1012312","versionId":1012312,"submittedOn":"2026-02-26"}]},"custodians":[{"name":"National Financial Services LLC","shortName":"Fidelity","location":"Boston, MA","smaAssets":204505190}],"custodyNote":"Sky-Mountain Capital Management does not have custody of client assets.","leadership":[{"name":"Thomas Nelson","title":"President/CCO","crd":"4880849"}],"ownership":[{"label":"Thomas Nelson","detail":"President/cco in the 75% or more ownership band and a control person, since January 2021."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Idaho","offices":1,"addresses":[{"street":"251 Northwood Way, Suite H","city":"Ketchum","headquarters":true}]}],"brochureServices":["education planning","estate planning","insurance","philanthropic planning","retirement plan services","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"208-471-4261","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":14},{"label":"Non-exchange-traded equity securities","percent":1},{"label":"U.S. government/agency bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":75},{"label":"Cash and cash equivalents","percent":8},{"label":"Other","percent":1,"detail":"Variable Annuity"}],"privateFunds":0},"sources":{"adv1FilingDate":"26 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/312915/PDF/312915.pdf","brochureDate":"26 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1012312","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Sky-Mountain Capital Management have?","answer":"Sky-Mountain Capital Management has 141 clients and manages $211 million for them, as of February 2026. They include 87 individual clients and 54 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 26 February 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Sky-Mountain Capital Management offer?","answer":"Sky-Mountain Capital Management provides financial planning, portfolio management for individuals and small businesses, education planning, estate planning, insurance, philanthropic planning, retirement plan services, 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Sky-Mountain Capital Management charge?","answer":"Sky-Mountain Capital Management charges 0.50%–1.00% a year for its Investment Management. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.","source":"SKY MOUNTAIN CAPITAL MANAGEMENT ADV PART 2A, filed 26 February 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Sky-Mountain Capital Management use?","answer":"Sky-Mountain Capital Management’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $205M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 February 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Sky-Mountain Capital Management have?","answer":"Sky-Mountain Capital Management has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 1 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Sky-Mountain Capital Management invest in?","answer":"At the end of its last fiscal year, Sky-Mountain Capital Management’s separately managed accounts held 75% registered funds (mutual funds, ETFs, BDCs), 14% exchange-traded equities, 8% cash and equivalents, 1% non-exchange-traded equities, 1% U.S. government and agency bonds and 1% other. The 1% other category is described as: Variable Annuity.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Sky-Mountain Capital Management?","answer":"Sky-Mountain Capital Management’s direct owner is Thomas Nelson (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 26 February 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Sky-Mountain Capital Management get paid?","answer":"Sky-Mountain Capital Management is paid through a percentage of assets under management and hourly charges. 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Sky-Mountain Capital Management registered with the SEC?","answer":"Yes, Sky-Mountain Capital Management has been registered with the SEC as an investment adviser since 11 March 2021. Its CRD number is 312915 and its SEC file number is 801-120497.","source":"Form ADV Part 1A, Item 1, filed 26 February 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Sky-Mountain Capital Management?","answer":"Sky-Mountain Capital Management’s main office is at 251 Northwood Way, Suite H, Ketchum, ID 83340. Its phone number is 208-471-4261. Its website is sky-mountaincapital.com.","source":"Form ADV Part 1A, Item 1.F, filed 26 February 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/sky-mountain-capital-management-312915/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-07-31","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/2065074/000206507426000003/0002065074-26-000003-index.html","totalValue":139573624,"positionCount":40,"top10Share":0.8162185500034018,"top10":[{"issuer":"WISDOMTREE TR","titleOfClass":"FLOATNG RAT TREA","cusip":"97717Y527","value":54886740,"shares":1090104,"shareType":"SH","priorValue":64059717,"priorShares":1272541},{"issuer":"SPDR GOLD TR","titleOfClass":"GOLD SHS","cusip":"78463V107","value":22784671,"shares":61851,"shareType":"SH","priorValue":26147432,"priorShares":60767},{"issuer":"FIRST TR EXCHANGE-TRADED FD","titleOfClass":"NASDQ CLN 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Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}