AUMdb

Bitterroot Capital Advisors Llc

SEC-registered Multi-Family Office · Mid-sized ($1B–$10B) CRD 109088 · SEC file 801-58029 · Bozeman, MT · WWW.BITTERROOTCAPITAL.COM
☆ Save with Pro ADV data as of Apr 30, 2026
Regulatory AUM
$1.8B
Discretionary
$254M
Clients
20
Avg AUM / client
$89.0M
Accounts
15
Employees
7

AUM over time

$565M $1.8B
Dec 2011 Dec 2025

Annual snapshots from Form ADV filings · as of Apr 30, 2026

Who they serve

Client typeClientsAUM% of AUM
High net worth individuals 20 $1.8B 100.0%

People (4)

roster as of Jul 20, 2026
NameRole / titleCredentialsWith firm sinceOwnership
Andrew Stewart Martzloff Managing Member Jan 1999 (28y) 50% – 75%
Powers, William, Joseph Member And Chief Compliance Officer Jan 2011 (16y) 10% – 25%
Carl Wade Gardiner Member CFA Jan 2021 (6y) 25% – 50%
Keith A Gertsen Registered representative May 2026 (0y)

Undisclosed: 0% – 15% of the firm is not attributable from the filed Schedule A bands.

Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 04/30/2026 1.02 MB View · PDF · Source ↗

Archived copies of the firm's regulatory filings, versioned by content hash.

Disciplinary disclosures

No disciplinary events reported on the firm's latest Form ADV filing.

How they charge

  • Percentage of assets under management
  • Fixed fees

Services

  • Financial planning services
  • Portfolio management for individuals/small businesses
  • Portfolio management for businesses/institutional clients
  • Selection of other advisers
  • Other services

Custody

Firm reports it does not have custody of client funds or securities (Item 9.A).

No custodian data reported or mined yet.

Source

All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Apr 30, 2026.

View current Form ADV (SEC/IAPD) ↗