Updated:
Glacier Wealth
Steve Siegel's Glacier Wealth deploys capital from the $2B sale of his alarm company into Mountain West real estate and venture deals.
Glacier Wealth
GLACIERWEALTH is an SEC-registered investment adviser in WHITEFISH, MT. The firm manages $42 million in assets, $34 million on a discretionary basis. It has 1 employee and 1 investment adviser.
General information
Firm type
Single Family Office
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
—
Corporate office
—
Principals
Steve Siegel
Founder
Sector focus
Frequently asked questions
Who runs investment decisions at Glacier Wealth?
Steve Siegel is the founder and lead decision-maker. Glacier Wealth was structured following his exit, and public reporting indicates Siegel remains the primary principal, operating the office from Missoula, Montana (per public record).
Where does the underlying wealth come from?
The wealth originates from the alarm monitoring industry. Siegel built his company into the largest privately held firm in the US before selling to Chicago-based private equity firm GTCR in a deal valued at $2 billion (per public record, 2018).
Does Glacier Wealth invest outside of Montana?
Yes, though the Mountain West remains the anchor. The office sources real estate and venture deals across the Northern Rockies region, including neighboring states, while maintaining its operational base exclusively in Missoula.
Does Glacier Wealth accept outside capital or operate as a multi-family office?
No. Glacier Wealth functions as a single-family office managing Steve Siegel's capital only. It does not market to or accept capital from other families or institutional investors (per public record).
What investment stages does Glacier Wealth typically target in its venture practice?
Glacier Wealth focuses on early-stage regional companies, often leading or participating in seed and Series A rounds. The office favors direct equity positions rather than fund commitments, reflecting a control-oriented posture consistent with its real estate approach.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: