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Allied Investment Advisors LLC

Allied Investment Advisors LLC. CRD 159103

Allied Investment Advisors LLC logo

CRD: 159103

Allied Investment Advisors LLC

$1.5B Total AUM
$1.5B Disc. AUM
24.3% 3Y CAGR
12 Employees
1,071 ADV. Clients
14 yrs Firm Age

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Firm Details

Custodian
Charles Schwab & Company
Clients
Retail and Institutional
Platforms
--
Established Date
12-05-2011
Office Locations
3

Office Locations

314 South Main Street Conrad MT
3409 Transtech WAY Suite A Billings MT
-- Helena MT

About Allied Investment Advisors LLC

Allied Investment Advisors is a Montana-based, fee-only RIA providing financial planning and portfolio management for retirees and pre-retirees, business owners, executives/professionals, rising accumulators, and select endowments/foundations. The firm emphasizes a simple, long-term approach with risk-managed asset allocation across stocks, bonds, and cash, implemented largely with ETFs and public funds. Decisions are made locally; uses Black Diamond and custodians such as Schwab.

Reported data analysis

What the numbers show

Between March 27, 2025 and July 29, 2026, reported AUM increased 31.2%, from $1.1B to $1.5B.

Across 5 reported observations, AUM increased 123.1% between November 2, 2022 and July 29, 2026, from $666.9M to $1.5B.

Of the latest reported AUM, 98.6% is discretionary and 1.4% is non-discretionary.

The firm reports 11 advisory representatives and 1,071 clients, or 97.4 clients per representative. That equates to $1.4M in reported AUM per client.

The profile lists 3 reported office locations and 14 years in operation. The source data was last updated on July 29, 2026. Figures reflect reported regulatory data and may not include subsequent changes.

Team overview

53 AVG AGE
$135.3M AVG AUM / ADVISOR
$1.4M AVG AUM / CLIENT
6.7 yrs AVG TENURE
12 Employees
11 Advisory Reps
11 RIA Reps
14yrs Firm Age

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Available data coverage

  • Asset Classes
  • Client Personas
  • Custodian
  • Investment Themes
  • Investment Vehicles
  • Platform
  • Services

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Owner & Executives

G

GARY ROBERT LUCAS

Investment Advisor, Managing Member

CRD
#2059364
Ownership
50% but less than 75%
BART WILLIAM ABY

BART WILLIAM ABY

Investment Advisor

CRD
#4974354
Ownership
10% but less than 25%

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Contacts

B

Brock Owen Baker

Investment Advisor Representative

CRD
#6578314
K

Keith Bushnell

Senior Retirement Plan Specialist & Advisor

CRD
#7076520

Showing 2 of 12 contacts

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Assets Under Management

Total AUM
Discretionary
Non-Discretionary
11-02-2022
04-20-2023
02-21-2024
03-27-2025
07-29-2026
Category Assets AVG. Account size
Discretionary $1,467,503,115 $614,532
Non-Discretionary $20,533,761 $892,772
Total $1,488,036,876 $617,187

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Separately Managed Accounts

SMA allocation detail is available

Allied Investment Advisors LLC has reported separately managed account data across 5 asset classes. AdvizorPro provides the associated asset values, allocation percentages, and exportable breakdown.

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13F Holdings | Q2 2026

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Allied Investment Advisors LLC's 13F holdings detail is available for Q2 2026, including issuer, security class, CUSIP, ticker, portfolio weight, and reported value.

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