Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management of Pooled Investment Vehicles
- Portfolio Management for Businesses or Institutional Clients
- Selection of Others Advisors
- Other
Types of Clients
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Fixed Fees (Other than subscription)
Bitterroot Capital Advisors LLC Overview
Bitterroot Capital Advisors LLC is a registered investment advisory firm that has been in business since 2000. Based in Bozeman, MT, the firm exclusively provides investment advice to its clients. With its fee-based fee arrangement, the firm aligns its interests with those of its clients, ensuring that they provide objective and unbiased advice. The firm offers various services, including financial planning, portfolio management for individuals and small businesses, portfolio management of pooled investment vehicles, and portfolio management for businesses or institutional clients. They also help their clients in selecting other advisors. They go beyond traditional investment advice by offering additional services like cash flow analysis and estate planning. Their portfolio management services cater to all kinds of clients - individuals, businesses, and institutional clients. They have a highly experienced team of professionals who work towards creating tailored investment solutions for their clients, ensuring that they meet their desired financial goals. By offering these services, Bitterroot Capital Advisors LLC has earned a reputation for being a reliable and trustworthy financial advisor.
BITTERROOT CAPITAL ADVISORS LLC caters to a diverse client base that includes high net worth individuals seeking innovative investment solutions. The firm's clients range from entrepreneurs to executives, from multi-generational family offices to trusts. BITTERROOT CAPITAL ADVISORS LLC's expertise provides customized portfolio management and investment advice catering to each client's unique needs. Their skilled team employs a comprehensive approach to financial planning and investment management, consistently delivering consistently exceptional results for their clients. The fee structures available at BITTERROOT CAPITAL ADVISORS LLC depend on the services provided by the firm. They offer a percentage of assets under management (AUM) fee structure, which is based on the total assets a client invests with them. This model provides clients with a flexible and customizable investment approach and aligns their interests with those of the client. Additionally, the firm offers fixed fees for financial planning or investment consulting services. These fees are predetermined on a project basis, allowing clients to know what to expect and helping the firm to maintain and prioritize responsibilities. Overall, the fee structures available at BITTERROOT CAPITAL ADVISORS LLC are transparent and reflect the high-quality services they offer to clients.
Typical Clients, Fee Structures & Investment Minimum
According to Bitterroot Capital Advisors LLC's Part 2 Brochure, there is no set minimum account size to open or maintain an account.
How This Office Can Help Gallatin County, MT Residents
Bitterroot Capital Advisors provides clients in Gallatin County, MT with a suite of financial planning and investment solutions. The firm's experienced advisors work closely with clients to understand their unique financial goals, and build personalized investment strategies to help them achieve those goals. Gallatin County, MT residents may be facing a variety of financial situations, ranging from retirement planning to saving for a child's education. Bitterroot Capital Advisors' solutions are tailored to help clients navigate whatever challenges they may be facing. For those nearing retirement, the firm offers specialized retirement planning services to help clients make the most of their savings and prepare for a comfortable retirement. For those saving for education, Bitterroot Capital Advisors can design investment strategies that maximize returns while minimizing risk, to help clients achieve their education savings goals.
Services Offered by Bitterroot Capital Advisors LLC
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Bitterroot Capital Advisors LLC most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Unavailable
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Subscription (Newsletter or Periodical)
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
- Mon 8 AM–5 PM
- Tue 8 AM–5 PM
- Wed 8 AM–5 PM
- Thu 8 AM–5 PM
- Fri 8 AM–5 PM
- Sat Closed
- Sun Closed
Other Office Locations
This firm has no other locations.
State Registrations
Bitterroot Capital Advisors LLC is registered to service clients in the following states:
- Montana
- Texas
Disciplinary History
Bitterroot Capital Advisors LLC does not have any disclosures. Please visit it's Form ADV for more details.