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Coldstream Wealth Management
Coldstream Wealth Management was established in 1996 by investment professionals Kevin Fitzwilson and Roger Reynolds. The employee-owned firm began as a...
Coldstream Wealth Management
Coldstream Wealth Management was established in 1996 by investment professionals Kevin Fitzwilson and Roger Reynolds. The employee-owned firm began as a regional advisor and expanded through internal growth and acquisitions without external private equity backing. The firm allocates across private credit via its Ascent Capital vehicle, real estate, hedge funds, infrastructure, and public equities. It executes through fund-of-funds commitments, direct co-investments, and SPVs. Confirmed holdings include large positions in IVV, DFAI, and MSFT as of Q4 2025 13F filings. Operations center on North America with primary activity in the Pacific Northwest and additional reach through acquired Oregon and Washington practices. Coldstream employs an internal team that manages $14.05 billion following the June 2025 merger with Cable Hill Partners and the January 2025 acquisition of Harrison Berkman Claypool & Guard. It maintains the Coldstream Cares Fund for Pacific Northwest philanthropy. In July 2025 the firm named a new CEO and reorganized its C-suite to improve decision-making. Coldstream operates as an employee-owned RIA that retains full ownership of acquired practices through Coldstream Holdings, Inc. This structure preserves local client relationships while centralizing investment and compliance functions across merged entities.
General information
Firm type
Multi Family Office
Year founded
1996
AUM
$14.05 billion (per Coldstream press release, Dec 2025)
Location
Region
North America
Country
United States
City
Bellevue
Corporate office
One 100th Ave NE, Suite 102, Bellevue, WA 98004
Principals
Kevin Fitzwilson
Managing Shareholder
Roger Reynolds
Founder
Sector focus
Frequently asked questions
Who runs investment decisions at Coldstream Wealth Management?
Kevin Fitzwilson serves as Managing Shareholder. The firm reorganized its C-suite in July 2025 to streamline investment and client decisions.
How does Coldstream source proprietary deal flow?
The firm sources through direct acquisitions of regional RIAs and accounting practices. Recent examples include the 2025 mergers with Cable Hill Partners and Harrison Berkman Claypool & Guard.
Is Coldstream structured as a single family office or does it operate more like a venture firm?
Coldstream functions as a multi-family office and registered investment advisor. It serves multiple high-net-worth families and institutions rather than a single family.
Does Coldstream participate in fund commitments or only direct deals?
The firm uses both approaches. It maintains fund-of-funds exposure alongside direct co-investments and its internal Ascent Capital private debt vehicle.
What investment stages does Coldstream typically target?
Coldstream targets established private credit, real estate, and public equity strategies. It does not focus on early-stage venture capital.
Where does the underlying client base come from?
Clients are primarily high-net-worth families and institutions in the Pacific Northwest. The firm expanded this base through acquisitions in Oregon and Washington.
Does Coldstream maintain philanthropic structures, and how are they separated?
The firm operates the Coldstream Cares Fund as its philanthropic arm. The fund supports community nonprofits in the Pacific Northwest separately from investment activities.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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