Coldstream's Impressive Growth Surge
In a remarkable showcase of success, Coldstream has reported a significant milestone by surpassing $14.05 billion in total client assets. This achievement marks another exceptional year of growth for the firm, as they continue to thrive in a competitive environment.
The firm has seen an astounding increase of over 30% in its total client assets, a jump from $10.8 billion on December 31, 2024, to $14.05 billion as of September 30, 2025. This impressive growth highlights Coldstream's ability to implement strategic changes and adapt to market conditions effectively.
Under the leadership of CEO Kevin Fitzwilson, Coldstream emphasizes a culture that prioritizes employee empowerment and exceptional client service. “We are focused on creating not just a firm, but a supportive environment that benefits everyone involved,” said Fitzwilson, reflecting on the firm's philosophy and the continued success of its initiatives.
As part of its growth strategy, Coldstream successfully incorporated Cable Hill Partners, a reputable $2 billion Registered Investment Advisor (RIA) based in Portland, Oregon. This merger enhances Coldstream's capabilities, especially in retirement plan services targeted at institutional clients.
Earlier this year, Coldstream also welcomed Harrison Berkman Claypool and its RIA, HBC Financial Services, with $500 million in assets under management. This addition reinforces Coldstream's commitment to providing comprehensive tax services, an expansion that followed the strategic merger with Seidman Capital Group.
Leadership and Organizational Enhancements
Recognizing the need for streamlined operations, Coldstream has undertaken revamps in its leadership structure and organizational processes. These changes are designed to clarify roles and improve services as the firm continues to grow. Coldstream’s achievements in meeting its three-year growth targets ahead of schedule speak volumes of its planning and execution capabilities.
With a workforce of 227 employees, Coldstream proudly houses a robust team comprising 40 Certified Financial Planners (CFPs), 19 Master of Business Administration (MBAs), 15 Chartered Financial Analysts (CFAs), 22 Certified Public Accountants (CPAs), and 6 Juris Doctors (JDs). The diverse expertise within the team underpins the firm’s comprehensive service offerings.
This staggering tripling of total client assets since merging with Paracle Advisors in 2021 showcases Coldstream's unique position in the financial market. The firm has focused on aligning itself with independent advisory firms that share its vision, thus ensuring that both employee and client needs are prioritized. “Our culture and values are at the heart of our expansion strategy,” stated Josh Harris, President of M&A with Coldstream.
About Coldstream
Established in 1996, Coldstream has built a reputation as a trusted employee-owned financial services firm. Headquartered in Bellevue, Washington, the organization is committed to enriching its clients' lives and delivering peace of mind. Coldstream offers a wide array of services including Wealth Management, Tax & Consulting, Investment Advisory, Fund Management, and more.
With a broad geographic presence across eight locations in four states, Coldstream serves individuals, families, and institutions with an unwavering dedication to fostering long-term success. They pride themselves on their knowledgeable advisors who are committed to navigating clients through their financial journeys.
Frequently Asked Questions
What is Coldstream's recent financial milestone?
Coldstream has surpassed $14.05 billion in total client assets, marking a significant growth of over 30%.
What mergers have Coldstream recently completed?
Coldstream merged with Cable Hill Partners and Harrison Berkman Claypool, enhancing its service offerings significantly.
How is Coldstream structured in terms of staff expertise?
The firm has a diverse team, including 40 CFPs, 19 MBAs, 15 CFAs, 22 CPAs, and 6 JDs.
What is the firm's approach to growth?
Coldstream focuses on organic growth and strategically aligns with independent advisory firms, avoiding reliance on external capital.
Where can I learn more about Coldstream's services?
For more information, please visit Coldstream's official website.
