Coldstream Welcomes Rush Benton to Board of Directors

Coldstream Appoints Rush Benton, CFA, to Its Board

Coldstream Holdings Inc. is delighted to announce the appointment of Rush Benton, CFA, to its board of directors. Benton is the CEO of Gorman Jones, an investment banking firm, and previously served as the Head of Wealth Management M&A at CAPTRUST. His arrival signals an exciting new chapter for Coldstream, which specializes in independent and employee-owned wealth management.

Rush Benton's Experience Shaping Strategic Growth

With a solid foundation in wealth management and M&A transactions, Benton brings over a decade of unparalleled experience in the industry. His established background is a crucial asset as Coldstream continues to pursue a consistent and strategic approach to mergers and acquisitions. Kevin Fitzwilson, Coldstream's Managing Shareholder, expressed enthusiasm regarding Benton's arrival, highlighting his extensive experience as a significant benefit to the company’s growth strategies.

Transition from CAPTRUST to Gorman Jones

Benton launched Gorman Jones after an impressive tenure at CAPTRUST where he successfully increased the firm's private wealth assets through both organic growth and strategic acquisitions of independent registered investment advisors. His expertise in navigating the complexities of wealth management positions him to make valuable contributions at Coldstream.

Commitment to Independence and Employee Ownership

In an industry where many firms are dominated by external investors, Coldstream remains steadfast in prioritizing independence and employee ownership. Benton’s perspective on growth and service resonates deeply with the firm's mission of enhancing clients' lives. He stated, "Joining the board at Coldstream is an incredible opportunity. I look forward to collaborating with a dedicated team that emphasizes strategic expansion, innovation, and world-class client service."

Farewell to Michael Butler

Benton's onboarding comes as Michael Butler, the Chairman and CEO of Cascadia Capital, steps down from Coldstream's board after over thirteen years of dedicated service. Fitzwilson expressed gratitude for Butler’s significant contributions during his tenure, which played a crucial role in Coldstream's growth trajectory.

Coldstream’s Continued Expansion

Currently, Coldstream boasts more than $10 billion in assets under advisement, illustrating its strong presence in the wealth management sector. Notably, Coldstream's recent merger with Arnerich Massena, managing approximately $2 billion in client assets, demonstrates its commitment to strategic growth. This merger, along with others in the Pacific Northwest, highlights Coldstream's ambition to expand its footprint while maintaining a strong focus on client relationships.

Looking Forward

As Coldstream navigates its path with a strong leadership team, the company is well-equipped to meet the evolving needs of its clients. Looking ahead, the integration of new strategies and innovative solutions will support Coldstream in maintaining its high standard of service and commitment to client satisfaction.

Frequently Asked Questions

Who is Rush Benton?

Rush Benton is the newly appointed member of Coldstream's board of directors, bringing significant experience in wealth management and M&A.

What is Coldstream Holdings Inc.?

Coldstream is a wealth management firm focusing on independence, employee ownership, and client trust since its inception in 1996.

Why is Rush Benton's appointment important?

Benton's extensive M&A experience is expected to enhance Coldstream's growth strategies and commitment to independence in the wealth management sector.

What are Coldstream's key focuses?

Coldstream emphasizes client service, strategic growth through mergers and acquisitions, and maintaining independence from outside investors.

What was Michael Butler's role at Coldstream?

Michael Butler served as Chairman and CEO for over thirteen years, significantly contributing to Coldstream's growth before stepping down from the board.

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