Stockman Asset Management (SAM), an independent Registered Investment Advisor (RIA) and provider of integrated wealth management solutions based in Billings has acquired Peak Investment Management, Ltd. Peak is also an RIA firm based in Missoula. The two firms now offer their services on a larger scale with locations in Helena, Missoula, Conrad and Billings.
Peak was founded by Attorneys Liability Protection Society (ALPS) in 1998 and manages investment portfolios for institutions and private clients. The professionals from Peak, David Rehbein, Jessica Neuman and Hannah Santa Cruz, have joined the SAM team. They will remain in their current location until the new Stockman Bank building opens in December 2017.
“Our firms are very similar” stated Ron O’Donnell, CEO of Stockman Asset Management. “Peak and SAM both have solid histories of providing long-term portfolio management with top-notch client service. Combining two great Montana-based investment firms, with an overall asset total of nearly $3 billion, brings greater benefits to our clients and broader coverage across the state.”
SAM is a wholly owned subsidiary of Stockman Financial Corp. and was founded in 2002. SAM provides wealth management solutions including financial planning and portfolio management with an emphasis on preservation of capital and risk management. SAM is headquartered at Stockman Bank Billings located at 402 North Broadway.
