Arnerich Massena
Arnerich Massena was a Portland-based wealth management and investment advisory firm founded in 1991, serving high-net-worth individuals, families, and institutions with approximately $2 billion in AUM before merging into Coldstream Capital Management in July 2024.
- Company typePrivate
- Founded1991
- HeadquartersPortland, United States
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Arnerich Massena does
Arnerich Massena was a Portland, Oregon-based investment management and wealth advisory firm founded in 1991 by Anthony Arnerich, who served as Founder, CEO, and Chief Investment Officer. The firm provided investment management and wealth advisory services to high-net-worth individuals, families, and institutional clients, managing approximately $2 billion in assets under management at the time of its merger.
In July 2024, Arnerich Massena merged with Coldstream Capital Management in a strategic combination, with the firm's team integrated into Coldstream under the name "Team Rae." The merger created a combined entity managing over $10 billion in total assets, aligning with Coldstream's strategy of building scale as an independent, employee-owned wealth manager.
The firm operated a traditional RIA business model, generating revenue through fees on assets under management via direct client relationships, referrals, and business development activities typical of the wealth management industry. Pricing was not publicly disclosed and was likely structured as a percentage of AUM negotiated through direct consultation. Following the merger, Arnerich Massena's standalone operating status was superseded by its integration into Coldstream's broader platform.
Arnerich Massena firmographics
Firmographics- Name
- Arnerich Massena
- Legal name
- Arnerich Massena
- Website
- https://arnerichmassena.com
- Company type
- Private
- Founded year
- 1991
- Operating status
- Acquired
- Headcount range
- 51–100 employees
- Short description
- Arnerich Massena was a Portland-based wealth management and investment advisory firm founded in 1991, serving high-net-worth individuals, families, and institutions with approximately $2 billion in AUM before merging into Coldstream Capital Management in July 2024.
- Ownership category
- akta.pro rank
Arnerich Massena industry classification
Industry- Product category
- Wealth Management
- NAICS
- Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Comprehensive/Full-Service RIAs & Independent Wealth Managers (FSAAACAA)
- akta.pro secondary industries
- Registered Investment Advisor (RIA) Wealth Management (FSAEABAA), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)
Keywords
Where Arnerich Massena is headquartered
LocationHeadquarters
- HQ city
- Portland
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Arnerich Massena business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Arnerich Massena product offering
Product offeringCore offering
Arnerich Massena is a private wealth management and investment advisory firm based in Portland, USA, founded in 1991. The firm manages approximately $2 billion in assets under management (standalone) and serves high-net-worth individuals, families, and institutional clients. The company was acquired by/merged with Coldstream Capital Management in July 2024, creating a combined firm with over $10 billion in AUM.
Product overview
No product or service information available in the source data. Arnerich Massena is described as a Portland-based investment management firm that merged with Coldstream Capital Management. The company managed approximately $2 billion in assets prior to the merger and, combined with Coldstream, now manages over $10 billion in total assets under the unified team name Team Rae.
Differentiator
Problem solved
Functional benefit
Products and services
- Wealth Management Services
- Investment Advisory Services
Companies that use Arnerich Massena
Customer profileSegments1 record
Ideal customer profiles2 records
Arnerich Massena technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Arnerich Massena partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Coldstream Capital ManagementflagshipColdstream Capital Management merged with Arnerich Massena in a strategic partnership. The combined entity manages over $10 billion in total assets. Arnerich Massena's team has been incorporated into Coldstream under the name Team Rae. The merger aligns with Coldstream's ongoing expansion and strategy to maintain independent, employee-owned operations. This merger significantly expands the scale and capabilities of the combined firm in the wealth management space.
Scale indicators1 record
Recent moves1 record
Expansion highlights2 records
Arnerich Massena competitors and assessment
Company assessmentDirect peers
- Coldstream Capital Management: The acquirer and now parent of Arnerich Massena. Prior to the merger, Coldstream was a directly comparable Pacific Northwest RIA serving HNW and institutional clients with similar comprehensive wealth management services.
- Pathstone: Multi-family office and RIA serving ultra-HNW families, endowments, and foundations. Comparable as a full-service, employee-owned RIA with similar HNW/institutional client mix and growth-via-partnership model.
- Modera Wealth Management: Fee-only RIA serving HNW individuals, families, and institutions. Comparable in size, fee-only model, comprehensive service offering, and employee-ownership structure.
- RMB Capital: Chicago-based multi-family office and RIA serving HNW individuals, families, and institutions. Comparable in boutique scale, diversified client base, and comprehensive wealth management services.
Broad incumbents
- Fisher Investments: Large, Camas, Washington-based RIA managing $200B+ primarily for HNW individuals. Comparable as a Pacific Northwest-headquartered investment advisory firm, though materially larger and more institutionally focused.
- Russell Investments: Seattle-based global investment management firm with deep Pacific Northwest roots. Comparable as a large-scale investment manager serving institutional and intermediary clients, though with a substantially larger and more institutional focus.
- Wealth Enhancement Group: Large independent RIA platform built primarily through acquisitions of mid-sized advisory firms. Comparable as a RIA consolidator pursuing the same roll-up strategy Coldstream is executing.
- D.A. Davidson & Co. Employee-owned, Pacific Northwest-headquartered financial services firm offering wealth management, investment banking, and capital markets. Comparable in regional positioning and employee-owned culture, with broader service breadth.
Emerging players
- Carson Group: Fast-growing RIA with significant advisor network and partnership model. Comparable in targeting mid-sized RIAs for affiliation and in serving a similar HNW client demographic.
- Mariner Wealth Advisors: National RIA that has grown rapidly via M&A to $100B+ AUM. Comparable as a serial acquirer consolidating mid-sized RIAs, mirroring the trajectory Coldstream is pursuing through the Arnerich Massena combination.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Arnerich Massena social profiles
Digital presenceArnerich Massena financial estimates
Financial estimateRevenue estimate
Valuation estimate
Arnerich Massena leadership team
Management profileNumber of profiles
Arnerich Massena funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Arnerich Massena M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Arnerich Massena
What does Arnerich Massena do?
Arnerich Massena is a private wealth management and investment advisory firm based in Portland, USA, founded in 1991. The firm manages approximately $2 billion in assets under management (standalone) and serves high-net-worth individuals, families, and institutional clients. The company was acquired by/merged with Coldstream Capital Management in July 2024, creating a combined firm with over $10 billion in AUM.
Is Arnerich Massena a public or private company?
Arnerich Massena is a private company. It is classified as corporate owned and is currently acquired.
When was Arnerich Massena founded?
Arnerich Massena was founded in 1991. It employs 51 to 100 people.
Where is Arnerich Massena based?
Arnerich Massena is headquartered in Portland, United States, in the North America region.
Who are Arnerich Massena's main competitors?
Direct peers on record are Coldstream Capital Management, Pathstone, Modera Wealth Management and RMB Capital. Broad incumbents are Fisher Investments, Russell Investments, Wealth Enhancement Group and D.A. Davidson & Co.. Emerging players are Carson Group and Mariner Wealth Advisors.
Does Arnerich Massena have an API?
No public API is recorded for Arnerich Massena.
What industry is Arnerich Massena in?
Arnerich Massena's product category is Wealth Management. Its primary akta.pro industry code is FSAAACAA, Comprehensive/Full-Service RIAs & Independent Wealth Managers, with a secondary code of FSAEABAA, Registered Investment Advisor (RIA) Wealth Management. Its NAICS code is 52394 and its SIC code is 6282.