Description of Advisory Firm 
Mountain Pacific Investment Advisers (“Mountain Pacific”) is a registered investment adviser 
with the U.S. Securities and Exchange Commission with its principal place of business located 
in Boise, Idaho.  Mountain Pacific and its predecessor have provided investment advisory 
services since 1973, advising clients from across the country, with a specific focus in Idaho, 
the Mountain West, and the Pacific Northwest.  Mountain Pacific is independent and has no 
affiliation with a brokerage firm, bank, or insurance company.  The principal shareholders of 
the firm are William Palumbo, Bruce Reeder, Matthew Lindstrom and Nathan Oakley .  
Description of Advisory Services 
Mountain Pacific provides investment management and financial planning and consulting 
services.   
Investment Management 
Our primary advisory service is investment management.  As part of the investment 
management service, we generally provide the following services to clients:  
•  Asset allocation  
•  Security selection  
•  Development of a client profile and suitability questionnaire 
•  Performance reporting  
•  Distribution planning (for retirement income, or distributions from an endowment)  
•  Proxy voting  
•  Securities Class Action Claim Filing  
•  Conference calls, virtual and in-person meetings 
•  Coordination with legal and tax advisers 
•  Communication with an organization’s Board of Directors 
We provide discretionary investment management services tailored to meet your needs and 
investment objectives.  Typically, our investment process starts with a personal discussion with 
you, in which we determine your investment objectives, risk tolerance, liquidity needs, time 
horizon, and other relevant information (“suitability information”).  Based on these discussions, 
we identify an asset allocation and investment strategy and manage the portfolio accordingly.  
We may utilize an appropriate model portfolio, or we may customize an investment portfolio to 
meet your investment objectives and risk tolerance.   
Investment selection and account supervision are guided by your stated objectives (i.e., 
aggressive growth, growth, growth and income, or preservation of capital), as well as tax 
considerations.  Once your portfolio has been established, we review the portfolio at a 
minimum on an annual basis, and if necessary, rebalance the portfolio according to your needs.  
More frequent reviews are triggered by material changes in your circumstances, the market, or 
the political/economic environment. 
Upon your request, we may agree to provide advice on accounts that are not managed by our 
firm (e.g., 401k and 403b accounts).  Such advice will only be furnished on a periodic and non-
continuous basis.  It will be your responsibility to act on any of the recommendations we
                                        
                                        
                                             
provide and to initiate a request for each review. 
Financial Planning and Consulting Services 
The financial planning and consulting services we provide include assistance in defining and 
quantifying goals and priorities and the evaluation of needs for retirement planning.  Our 
financial planning primarily focuses on retirement planning; however, if we identify a need for 
estate planning, tax planning or insurance, then we work collaboratively with your attorney, 
CPA, and insurance agent.  We do not provide legal, tax or insurance advice.  Please consult an 
attorney, CPA, or insurance agent to follow up on any recommendations we provide.     
Typically, our financial planning process includes gathering information about your financial 
circumstances, objectives, and other financial data, reviewing and analyzing your goals and 
needs, and then preparing a written financial plan.  Occasionally, we may provide the results 
and recommendations orally.   
Financial plans will vary in length and scope because each financial plan is customized to the 
client to address their specific goals and objectives.  Financial plans are based on your financial 
situation at the time we present the plan to you, and on the financial information you provide 
to our firm.  Our financial plans contain assumptions on interest and inflation rates, along with 
past trends and performance of the market and economy.  Past performance is in no way an 
indication of future performance.  You must promptly notify our firm if your financial situation, 
goals, objectives, or needs change.  You are under no obligation to act on our 
recommendations.  We will update your financial plan periodically upon your request.   
Our financial planning and consulting services are included in our investment management fee.  
Therefore, clients that utilize financial planning/consulting services do not pay a higher fee than 
those who do not use these services.   
Types of Investments 
We primarily offer advice on equity securities, mutual funds, exchange-traded funds (ETFs), 
corporate debt securities, and certificates of deposit.  Nonetheless, our investment 
recommendations are not limited to any specific product or service and will generally include 
advice regarding a variety of marketable securities.  Because some types of investments or 
strategies involve certain additional degrees of risk, they will only be implemented when 
consistent with the client’s stated investment objectives, risk tolerance, liquidity, and time 
horizon (see Item 8, “Methods of Analysis, Investment Strategies and Risk of Loss”).  Clients 
can provide written instructions to impose limitations on specific security transactions; 
however, in practice, this is rarely done. 
Assets under Management 
Mountain Pacific manages on a discretionary basis $ 1,931,996,135 in assets as of December 
31, 2023.