Coldstream Wealth Management

What Coldstream Wealth Management does

Coldstream Wealth Management is a privately held, employee-owned registered investment advisor founded in 1996 and headquartered in Bellevue, Washington. The firm delivers comprehensive wealth management through eight wholly-owned affiliates, spanning investment advisory, family office services, fund management, institutional investment consulting for endowments and foundations, retirement plan advisory, tax and consulting, insurance and risk management, and investment banking. It manages $14.05 billion in total client assets (as of December 2025) across high-net-worth individuals, families, institutional clients, and specialized segments such as disability settlement recipients and professional athletes.

The underlying operating platform combines a dedicated in-house Investment Strategy Group (with nearly 200 years of combined experience) for asset allocation and manager research with private fund vehicles including direct lending funds, hedge funds, and fund-of-funds. Distribution is built around nine Pacific Northwest offices (Washington, Oregon, Idaho, Alaska), supported by thought-leadership content, community events (Women and Wealth, Invest in Women), and attorney/employer referral channels. Recent growth has been driven by an active inorganic strategy, including the Arnerich Massena merger (2024), Cable Hill Partners merger (2025), and the Harrison Berkman Claypool & Guard tax practice acquisition (2025).

Revenue is generated primarily through recurring AUM-based investment advisory fees on $14B+ in client assets, supplemented by fund management fees, financial planning, tax and consulting, insurance, and investment banking service revenue. Pricing is not publicly disclosed and is set through individualized client engagements; the firm is privately held with no external institutional investors, funding growth from operating cash flow and merger economics.

Name

Coldstream Wealth Management

Legal name

Coldstream Holdings, Inc.

Website

https://coldstream.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

251–500 employees

Short description

Coldstream Wealth Management is an employee-owned, Pacific Northwest-based registered investment advisor managing $14.05 billion for high-net-worth individuals, families, and institutions through wealth advisory, family office, fund management, tax, and investment banking services.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259), Pension Funds (525110)

SIC

Investment Advice (6282)

akta.pro primary industry

Private Banking & UHNW Wealth Advisory (FSAEABAC)

akta.pro secondary industries

Philanthropy & Foundations Advisory (Donor-Advised Funds, Endowments) (FSAAABAH), Affluent / Mass-Affluent Private Banking (FSABADAC), Private Banking Advisory & Discretionary Portfolio Management (FSABADAD), Wealth Lending & Credit Solutions (Lombard/Margin, Mortgages, Structured Credit) (FSAAABAG)

Keywords

• Wealth management
• Investment advisory
• Financial planning
• Estate planning
• Tax consulting

Headquarters

HQ city

Bellevue

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Investment Advisory Fees: Fees for investment advisory services, likely based on assets under management (AUM). The firm reports over $14 billion in total client assets.
2. Fund Management Services: Management fees from private funds including direct lending funds, hedge funds, and fund of funds managed through Coldstream Fund Management
3. Financial Planning Services: Comprehensive financial planning including estate, tax, and wealth transfer planning services for individuals and families
4. Consulting Services: Strategic Advisory and Investment Banking services offered through The Rainier Group dba Coldstream Capital Partners
5. Tax and Consulting Services: Tax planning and consulting services through Hersman, Serles, Almond, LLC and Harrison Berkman Claypool & Guard, PLLC dba Coldstream Tax & Consulting
6. Insurance Services: Risk management and insurance services through FIT Insurance, Inc. dba Coldstream Risk Management

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Coldstream Wealth Management provides comprehensive wealth management, financial planning, investment advisory, tax and estate planning, risk management insurance, and institutional investment advisory services to high-net-worth individuals, families, and institutions in the Pacific Northwest. The firm also offers fund management (direct lending funds, hedge funds, fund of funds), investment banking and strategic advisory through Coldstream Capital Partners, and specialized programs including Disability Advisory Services and Women and Wealth.

Product overview

Coldstream Wealth Management is a comprehensive wealth management firm offering a unified suite of services through multiple integrated divisions. The core offerings include Private Wealth Management (financial planning, investment advisory, tax and estate planning), Family Office Services, Fund Management, Institutional Investment Advisory (endowments, foundations, retirement plans), and specialized services including Disability Advisory Services, Women and Wealth programs, and ESG investing options. The company operates through divisions including Coldstream Capital Management (dba Coldstream Wealth Management), FIT Insurance (dba Coldstream Risk Management), The Rainier Group (dba Coldstream Capital Partners), and Coldstream Tax & Consulting. With over $14 billion in total client assets, the firm serves high-net-worth individuals, families, and institutional clients across the Pacific Northwest.

Differentiator

Problem solved

Functional benefit

Products and services

• Private Wealth Management
• Family Office Services
• Fund Management
• Endowments and Foundations
• Tax and Estate Planning
• Investment Advisory
• Financial Planning
• Disability Advisory Services (DAS)
• ESG Investing
• Company Benefits Advisory
• Women and Wealth
• Retirement Plan Services
• Risk Management Insurance
• Tax and Consulting
• Investment Banking
• Strategic Advisory

Quantifiable outcome

• Over $14.05 billion in total client assets
• +3 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Cable Hill PartnerscoreStrategic or Co-development Partner · 1 June 2025Merger with Cable Hill Partners, a Portland-based RIA managing approximately $2 billion in assets. Aimed at expanding Coldstream's offerings in financial and retirement plan services, including serving high-net-worth individuals and institutional clients.
• Arnerich MassenacoreStrategic or Co-development Partner · 9 July 2024Strategic merger combining Coldstream Capital Management with Arnerich Massena, a Portland-based investment advisory firm managing approximately $2 billion in assets. The combined entity manages over $10 billion in total assets. Arnerich Massena's team was integrated under the name Team Rae.
• The Rainier GroupcoreStrategic or Co-development PartnerThe Rainier Group, including Rainier Group Investment Advisory, LLC, merged with Coldstream Holdings Inc. in 2017. Continues as separate investment advisory firm under Coldstream Holdings, doing business as Coldstream Wealth Management. Provides investment banking and strategic advisory services.
• Genesee InvestmentsminorStrategic or Co-development PartnerAcquired Genesee Investments in 2011, which was involved in management of single strategy hedge funds and hedge fund of funds. Key personnel including Howard Coleman and Darren Ritchie joined Coldstream through this acquisition.
• Financial BeginningsminorOthersNational nonprofit providing accessible and unbiased financial education programming to youth and adults. Coldstream's Becky Wilcox participates in Ask the Expert podcast discussing youth financial literacy with Financial Beginnings CEO.
• Willamette Valley BenefitsminorOthersWillamette Valley Benefits, led by President Elma Friend, partners with Coldstream for Medicare education content. Specializes in healthcare and Medicare with over three decades of experience.
• Ascent CapitalminorOthersPacific Northwest based private debt fund managed by Coldstream. Chris Blakeslee directs growth of Ascent Capital to over $100 million in assets. Coldstream provides counsel to this internally managed real estate lending fund.

Scale indicators6 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Brighton Jones: Seattle-based RIA with a comparable Pacific Northwest footprint, HNW/family-office focus, and integrated wealth management offerings that overlap heavily with Coldstream's private wealth and family office services.
• Mariner Wealth Advisors: Large national RIA built through aggressive M&A roll-up with integrated tax, estate, and investment services; mirrors Coldstream's strategy of acquiring sub-$2B firms and adding complementary service affiliates.
• Aspiriant: West Coast RIA serving HNW individuals and families with comprehensive wealth planning and investment advisory; comparable size band and client mix to Coldstream.
• Freestone Capital Management: Seattle-based RIA serving HNW individuals, families, and institutions; Becky Wilcox previously worked at Freestone, evidencing direct labor-market and client overlap with Coldstream.
• Creative Planning: Large independent RIA with integrated wealth management, tax, estate, and retirement plan services; relevant comparable for Coldstream's multi-affiliate, full-service model.

Broad incumbents

• Russell Investments: Tacoma, WA-based global investment manager with institutional OCIO, advisor, and endowment services; a natural institutional peer to Coldstream Fund Management and endowments/foundations practice.
• RBC Wealth Management: Large national wealth manager offering investment advisory, financial planning, and credit solutions to affluent and HNW clients; competes for the same HNW/family office segment that Coldstream targets.
• Fisher Investments: Very large Camas, WA-based RIA serving HNW clients globally; shares Coldstream's PNW base and HNW focus but operates at much greater scale with proprietary institutional research capabilities.
• Goldman Sachs Personal Financial Management: Large incumbent wealth manager targeting HNW/UHNW clients with comprehensive planning and investment solutions; competes with Coldstream's family office and UHNW services nationally.
• Charles Schwab Wealth Advisory: National incumbent wealth advisory offering with massive scale; sets fee and service benchmarks that constrain Coldstream's pricing flexibility for affluent and HNW clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/in/beckywilcoxcfarainiergroup
• Xx.com/coldstreamsea

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coldstream Wealth Management