Stockman Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting. Financial planning was provided to 51–100 clients last fiscal year.
Stockman Wealth Management reports 1,532 clients. They include 960 individual clients, 379 high-net-worth individuals, and 66 corporations and other businesses. Of its assets, 33.5% ($1.75B across 2,808 accounts) are managed with discretion; $3.48B across 290 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 63% | 6% |
| High-net-worth individuals | 25% | 20% |
| Banking or thrift institutions | <1% | 57% |
| Pension and profit-sharing plans | 2% | 5% |
| Charitable organizations | 4% | 4% |
| Other client typesState or municipal government entities; Insurance companies; Corporations and other businesses; Other | 6% | 7% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 960 | $303M | 5.8% | $316K |
| High-net-worth individuals | 379 | $1.04B | 19.8% | $2.74M |
| Banking or thrift institutions | 8 | $3.01B | 57.5% | $376M |
| Pension and profit-sharing plans | 25 | $267M | 5.1% | $10.7M |
| Charitable organizations | 64 | $229M | 4.4% | $3.58M |
| State or municipal government entities | 12 | $165M | 3.2% | $13.8M |
| Insurance companies | 3 | $23.4M | 0.4% | $7.8M |
| Corporations and other businesses | 66 | $186M | 3.6% | $2.82M |
| Other | 15 | $15.2M | 0.3% | $1.01M |
| Total | 1,532 | $5.24B | 100% | $3.42M |
- Clients
- 960
- Regulatory AUM
- $303M
- AUM share
- 5.8%
- Avg. per client
- $316K
- Clients
- 379
- Regulatory AUM
- $1.04B
- AUM share
- 19.8%
- Avg. per client
- $2.74M
- Clients
- 8
- Regulatory AUM
- $3.01B
- AUM share
- 57.5%
- Avg. per client
- $376M
- Clients
- 25
- Regulatory AUM
- $267M
- AUM share
- 5.1%
- Avg. per client
- $10.7M
- Clients
- 64
- Regulatory AUM
- $229M
- AUM share
- 4.4%
- Avg. per client
- $3.58M
- Clients
- 12
- Regulatory AUM
- $165M
- AUM share
- 3.2%
- Avg. per client
- $13.8M
- Clients
- 3
- Regulatory AUM
- $23.4M
- AUM share
- 0.4%
- Avg. per client
- $7.8M
- Clients
- 66
- Regulatory AUM
- $186M
- AUM share
- 3.6%
- Avg. per client
- $2.82M
- Clients
- 15
- Regulatory AUM
- $15.2M
- AUM share
- 0.3%
- Avg. per client
- $1.01M
Total
- Clients
- 1,532
- Regulatory AUM
- $5.24B
- AUM share
- 100%
- Avg. per client
- $3.42M
- 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
- 51–100
Stockman Wealth Management is paid through a percentage of assets under management, fixed fees (other than subscription fees) and other compensation; its fees and minimums are set out in its brochures on the SEC website.
Stockman Financial Corporation owns 75% or more of Stockman Wealth Management and is in turn owned by Caren Coffee (25–50%) and William Coffee (25–50%). The leadership team of Stockman Wealth Management includes President Larry Johns. It has 30 employees, 23 of them in advisory roles.
Staff
- 30 employees
- 23 in advisory functions
- 27 state-registered reps
- Owns 75% or more of Stockman Wealth Management, Inc.
Stockman Financial Corporation
Control person · since October 2002
- Owns 25% to 50% of Stockman Financial Corporation
Caren Coffee
Control person · since December 2011
- Owns 25% to 50% of Stockman Financial Corporation
William Coffee
Control person · since September 1998
Stockman Wealth Management’s regulatory assets grew from $4.39B (March 2021) to $5.24B (July 2026); clients rose from 1,149 to 1,532 and employees from 22 to 30.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jul 2026July 2026 | $5.24B | 1,532 | 30 | 9 |
| Mar 2025March 2025 | $5.07B | 2,813 | 30 | 10 |
| Jul 2024July 2024 | $4.78B | 1,600 | 31 | 9 |
| May 2023May 2023 | $4.47B | 1,524 | 26 | 8 |
| Jun 2022June 2022 | $5.73B | 1,325 | 24 | 6 |
| Mar 2021March 2021 | $4.39B | 1,149 | 22 | 5 |
Besides its headquarters, Stockman Wealth Management has 8 offices, with 9 listed addresses across 2 states.
Montana · 8 listed addresses
- 2700 King Ave. W, BillingsHQ
- 321 West Broadway, Missoula
- 3094 North Sanders Street, Helena
- 1405 Grand Avenue, Billings
- 1433 N 19th Ave., Bozeman
- 6588 Highway 93, Whitefish
- 204 West Bell Street, Glendive
- 25 5th St. N, Great Falls
Maine · 1 listed address
- 301 W Holly Street, Sidney
Other business names
Stockman Wealth Management has reported 1 other business name to the SEC.
- Investment Management Group
Contact and registration details
- Legal name
- Stockman Wealth Management, Inc.
- Headquarters
- 2700 King Ave. W, Billings, MT 59102
- Website
- stockmanbank.com
- Phone
- 406-655-3960
- @stockman-wealth-management
- SEC file
- 801-61567
- Structure
- Montana corporation
- Fiscal year end
- December
Stockman Wealth Management’s named custodian for separately managed accounts is Charles Schwab ($1.88B). Stockman Wealth Management has custody of $592M for 518 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $1.88B100%
At year end, Stockman Wealth Management’s separately managed accounts were largely in bonds (37%) and stocks (11%). Its reported 13F holdings for the quarter ended 30 June 2026 total $968M across 178 positions; the largest are iShares TR (5.6%), iShares TR (4.1%) and iShares TR (4.0%).
What the accounts hold
- Stocks11%
- Funds8%
- Pooled vehicles7%
- Registered funds1%
- Bonds37%
- U.S. government and agency bonds20%
- State and local bonds11%
- Investment grade corporate bonds6%
- Cash11%
- Other33%
- Fixed income, mbs, 401k33%
How many clients does Stockman Wealth Management have?
Stockman Wealth Management has 1,532 clients and manages $5.24 billion for them, as of July 2026. They include 960 individual clients, 379 high-net-worth individuals, and 66 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 20 July 2026
What services does Stockman Wealth Management offer?
Stockman Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Stockman Wealth Management use?
Stockman Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $1.88B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 July 2026
How many financial advisors does Stockman Wealth Management have?
Stockman Wealth Management has 27 investment adviser representatives registered with state securities authorities, out of 30 employees, and 23 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 Stockman Wealth Management invest in?
At the end of its last fiscal year, Stockman Wealth Management’s separately managed accounts held 33% other, 20% U.S. government and agency bonds, 11% exchange-traded equities, 11% state and local bonds, 11% cash and equivalents, 7% pooled vehicles (private funds and similar), 6% investment grade corporate bonds and 1% registered funds (mutual funds, ETFs, BDCs). The 33% other category is described as: Fixed Income, MBS, 401k.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Stockman Wealth Management?
Stockman Wealth Management is owned through a holding company by Caren and William Coffee. Its direct owner is Stockman Financial Corporation (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 20 July 2026
How does Stockman Wealth Management get paid?
Stockman Wealth Management is paid through a percentage of assets under management, fixed fees and other compensation. 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 Stockman Wealth Management?
Stockman Wealth Management’s main office is at 2700 King Ave. W, Billings, MT 59102. Its phone number is 406-655-3960. Its website is stockmanbank.com.