[3] The peak is located eight miles (13 km) southwest of the community of Snowmass Village in the Maroon Bells–Snowmass Wilderness, on land managed by White River National Forest.

Precipitation runoff from the mountain's slopes drains into Capitol and Snowmass creeks which are tributaries of the Roaring Fork River.

The mountain was named in 1874 by Henry Gannett during the Hayden Survey to honor Charles P. Daly (1816–1899), who was then president of the American Geographical Society.

[4] The landform's toponym was officially adopted on February 1, 1933, by the United States Board on Geographic Names,[5] although it appeared in publications as early as 1877.

[8] Due to its altitude, it receives precipitation all year, as snow in winter, and as thunderstorms in summer, with a dry period in late spring.