Sky-Mountain Capital Management

Sky‑Mountain Capital Management works with individuals, families, high‑net‑worth clients, trusts, estates, businesses and retirement plans to provide discretionary and non‑discretionary investment management, financial planning, consulting and retirement plan advisory services. The firm’s brochure notes that financial planning is generally provided complimentary to clients who engage investment management and that stand‑alone consulting and planning engagements are also available.

The firm constructs portfolios using a strategic asset allocation approach with diversified mutual funds and exchange‑traded funds, and may use individual stocks or bonds when appropriate; it cites Modern Portfolio Theory, Fundamental Analysis and Cyclical Analysis as parts of its process and performs periodic rebalancing. Sky‑Mountain typically manages accounts on a discretionary basis, charges fees based on assets under management, and recommends Fidelity as the qualified custodian for client accounts.

Distinctive aspects in the brochure include reporting $210.6 million in assets under management while operating with a two‑advisor team, and the ability to serve as an ERISA 3(38) investment manager for employer retirement plans, which transfers discretionary fiduciary responsibility to the firm. The brochure also discloses operational practices that differ from many peers: the firm will not manage accounts that are not custodied at Fidelity, it does not sponsor a wrap fee program, and rebalancing is handled on a client‑by‑client basis rather than through aggregated trade executions.