Fly fishing on the Yellowstone River in Paradise Valley, Montana with the Absaroka Mountains in the background.

Guided Fly Fishing in the Yellowstone Region

Where We Fish

A System of Waters | Planned Around Conditions

Southwest Montana isn’t one fishery. It’s a system of rivers, spring creeks, and stillwaters that all fish differently throughout the year. Each water has its own season and personality, and the goal is simple: match your dates and goals with the best water for the conditions.

We don’t guide a river. We guide a system of rivers — and we choose water after you book based on conditions, your experience level, and what you want out of the day. The writeups below are here to help you see the range.

Tell me your dates and where you’re staying and I’ll point you to the right water for the week. Call or text (406) 224-8972.
Click here for the River Difficulty Key

Green - friendly water. Great for most anglers and mixed groups.

Double Green - very forgiving boat water with lots of shots.

Blue - moderate wading or faster decisions from the boat.

Double Blue - high-energy raft water or quick pocket fishing.

Black Diamond - steeper walking, tighter lanes, or more technical fishing.

Big Rivers

Yellowstone | Madison | Bighorn

Long floats, varied structure, and classic western trout water

Yellowstone River

The Yellowstone is the main river I guide from Gardiner through Paradise Valley and Livingston down toward the lower valley. It’s big, varied, and it fishes in distinct windows through the year depending on runoff and water temps.

Where: Gardiner through Paradise Valley and Livingston toward Columbus.

When: Late March and April, then mid July through October.

How: Double Green boat water.

What: Stones, PMDs, caddis, hoppers, plus fall streamer and dry windows.

Madison River

The Madison is a classic blue-ribbon trout river, and we treat the upper and lower as two different fisheries. The right reach depends on the season, flows, and whether you want more wade fishing or more boat coverage.

Where: Upper between the lakes and Ennis, and the lower below Ennis Lake.

When: Lower in spring and fall. Upper June into October.

How: Boat/wade mix.

What: Midges, BWOs, Mother’s Day caddis, stones, PMDs, caddis, terrestrials.

Bighorn River

The Bighorn is the most reliable tailwater option in our broader program. When freestones around Livingston and Bozeman are cold, off-color, or in runoff, the water below the dams can stay clear and stable. It’s also a true multi-season river: winter midge days, spring BWOs, and solid summer and fall windows when flows and weeds line up.

Where: Fort Smith stretches below Yellowtail and Afterbay.

When: Year-round potential; best early-season window is March–May.

How: Green. Repeatable drifts and a great place to learn tailwater skills.

What: Midges and BWOs early, then PMDs/caddis/tricos/hoppers depending on season and flows.

Private Water

Spring Creeks | Private Lakes

Technical sight fishing and quiet, controlled access

Paradise Valley Spring Creeks: DePuy’s and Armstrong’s

Clear water, steady flows, and precise presentations. These creeks are fishable all year and are one of the best winter and early spring options in Southwest Montana.

Where: Paradise Valley, close to Livingston, with controlled daily access.

When: Year round. Best windows are fall through spring, plus selective summer mornings/evenings.

How: Walk-and-wade with longer leaders and accurate presentations.

What: Midges and BWOs in cold months, then PMDs, caddis, and small terrestrials.

Private Lakes: Story, Burns and Merrell

Quiet stillwater days with room to work on casting and presentations. Great for families, newer anglers, and anyone who wants a calmer pace with consistent shots. These days also shine when rivers are blown out or you want a true change-up.

Where: Private stillwaters in the Livingston and Paradise Valley area (lake choice depends on conditions).

When: Best around ice-out through early summer, plus selective fall windows when temps line up.

How: Repeatable stillwater tactics from bank or boat depending on the lake.

What: Leeches, chironomids, damsels, and stillwater standards when timing is right.

Freestones

Stillwater | Boulder | Shields

Fast water, pocket water, and local favorites

Stillwater River

Fast, bouldery, high-energy floats when it’s in shape. This is a “right window” freestone where flows and clarity matter a lot, and when it lines up it’s an all-day rhythm of pockets, seams, and steady casting.

Where: South of Columbus, sections chosen by flows and the day’s conditions.

When: Late spring into early summer; occasional later-season windows when conditions fit.

How: Double Blue style water on many days.

What: Stones/caddis early, then PMDs, terrestrials, and opportunistic streamer shots.

Boulder River

A short-season pocket-water favorite. When flows drop into the safe range it can be electric, but the window is real. We book dates and pick the day that’s truly in shape.

Where: Boulder Valley toward Big Timber, with sections chosen by flow and safety.

When: Most consistent once flows drop, typically mid-summer into early fall.

How: Tighter lanes, short drifts, and fast decision making.

What: Attractors, caddis, terrestrials, and selective streamer work.

Shields River

A quiet local freestone that mirrors the Yellowstone: it can fish great in spring before runoff, it can be volatile with weather, and mid-summer often isn’t a good call due to irrigation draw-down and warm water. When it’s right, it’s one of my favorite local days.

Where: North of Livingston, wade stretches chosen for access, clarity, and safe flow.

When: Spring pre-runoff and fall are best. Runoff and mid-summer are often not fishable.

How: Walk-and-wade, moving deliberately and covering banks and pockets.

What: Simple nymph rigs, attractors, caddis windows, and selective dry fly opportunities when conditions fit.

Headwater Country

Yellowstone National Park

Walk-and-wade fishing in America’s first national park

Yellowstone National Park Waters

Summer and early fall walk-and-wade days with cutthroat, scenery, and flexible water choices based on conditions and crowds. The plan depends on runoff, water temps, and what part of the park makes sense for your dates.

Where: Park waters selected by season and conditions (often Lamar/Gardner depending on the day).

When: Late June through early fall, depending on runoff, temps, and Park regulations.

How: Walk-and-wade days, covering water and staying mobile.

What: Cutthroat-style dry fly fishing, attractors, caddis, terrestrials, and light nymphing when needed.

Local Experience

Why Fish With Swan’s Fly Fishing

Year-round program | Owner operated | Livingston, Montana

We are a year-round, owner-operated guide service based in Livingston, Montana. The whole program is built around reading conditions week to week and putting you on the best water for the dates you actually have.

Trip Planning Hub · Book a Guided Day · Winter Spring Creek Special

Conservation & Professional Affiliations

Supporting local rivers, professional instruction, and long-term guide development through these organizations.

Trout Unlimited – Joe Brooks Chapter Fly Fishers International – Casting Instructor Guiding for the Future
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