Intermountain Wealth Management

Intermountain Wealth Management

Intermountain Wealth Management was incorporated in Idaho in 1990, serving as a registered investment adviser with a client base rooted in the Intermountain West's natural-resource and land-based wealth. The firm emerged alongside the maturation of generational family businesses in agriculture, ranching, and mining—sectors that historically generated most of the private capital across Idaho, Montana, and Wyoming. Its original regulatory filings from the early 1990s show a firm organized around fee-based discretionary portfolio management for individuals, trusts, and small business retirement plans. The firm's strategy centers on a traditional multi-asset-class allocation, with client portfolios spanning large-cap domestic equities, tax-exempt municipal bonds, and direct private real estate placements. Known exposures include publicly traded names in energy, materials, and regional banking as well as private placements in income-producing commercial properties across the Boise metro and secondary markets like Twin Falls, Idaho Falls, and Missoula. The investment approach blends passive indexed core holdings with active security selection in the value equity and fixed-income sleeves. Client partnership structures are straightforward: individual separately managed accounts and pooled institutional vehicles. Intermountain maintains a single office in Boise, Idaho, with a lean staff of portfolio managers and client service professionals. The firm does not operate adjacent philanthropic vehicles, venture arms, or club-deal platforms as a matter of public record. May 2024: The firm's most recent ADV filing maintained the same office location and reported a consistent client composition of high-net-worth individuals and charitable trusts (per SEC investment adviser public disclosure, 2024). Without a disclosed AUM number, public estimates of the firm's scale remain unavailable. Structurally, the firm differs from coastal wealth managers by operating without a multi-generational family-office overlay. It functions as a pure RIA serving multiple unrelated families—each typically created wealth in a single industry vertical rather than diversified technology or finance exits. This concentration risk in the underlying client base shapes the portfolio construction philosophy, which favors real assets and inflation-hedging exposures more heavily than the average national RIA.