Office address: One 100th Avenue NE, Suite 102, Bellevue, WA 98004
Website: coldstream.com
Year established: 1996
Company type: financial services
Employees: 230
Expertise: wealth management, financial planning, portfolio management, retirement planning, family office, tax and estate planning, investment banking, risk management and insurance, institutional investment advisory, fund management
Parent company: Coldstream Holdings, Inc.
Key people: Kevin Fitzwilson (CEO), Natalie Straub and Josh Harris (presidents), Anne Stonich (chief client experience officer), David Christian (chief growth officer), Matt Sonnen (COO), Howard Coleman (general counsel)
Financing status: shareholder-owned company
Coldstream Capital Management (CCM), doing business as Coldstream Wealth Management or CWM, is an employee-owned RIA headquartered in Bellevue. The firm operates as a fiduciary and manages over $14 billion in client assets as of September 2025. Its 230 employees work from nine offices across four states, serving clients across wealth management, financial planning, and institutional advisory.
CCM was created in 1996 by four co-founders:
The company launched in Bellevue and Portland with $7 million in AUA. Its name comes from the Coldstream Guards, a British regiment with the motto Nulli Secundis, or “Second to None.”
Coldstream Wealth Management rolled out an equity ownership plan for all employees in 1997. That plan gave every team member a path to ownership of the firm. AUA reached $100 million by 1998, and the company added wealth management services that same year.
Genesee Investment joined CWM in 2012. Coldstream Wealth Management added real estate lending through Ascent Capital and property and casualty insurance through FIT Insurance in 2013.
CWM merged with the George Pierce Group in 2016 and opened its Seattle office. AUA reached $2 billion that year as well. Other moves followed between 2017 and 2022 as Coldstream Wealth Management:
The company then added Seidman Capital Group and Hersman Serles Almond LLC in 2023. That deal opened the Kirkland office. It also brought tax and consulting services to the firm’s lineup.
CWM added Arnerich Massena in 2024 and pushed its AUA past $10 billion. It then merged with Harrison Berkman Claypool & Guard and HBC Financial Services in early 2025.
Coldstream Wealth Management also added Cable Hill Partners later that year. The deal marked CWM’s third major expansion in Portland and added about $2 billion in client assets.
AUA had grown to more than $14 billion in total client assets as of September 30, 2025. Coldstream also opened its ninth office in Bend in February 2026.
The firm has more than tripled its AUA since the 2021 Paracle merger. All of that growth came without private equity or outside capital.
Coldstream provides fiduciary wealth management and institutional advisory with no proprietary products to sell:
The firm backs its advisory work with a team of CFPs, CFA charterholders, and CPAs. Clients can also access tax consulting, investment banking, and insurance through Coldstream Wealth Management’s affiliated entities.
Coldstream describes its culture as collaborative and shaped by employee ownership, with around 170 of its 230 employees holding equity. The company says it operates around six core values:
Coldstream Wealth Management also offers flexible hybrid work across nine offices in four states. The firm’s benefits package includes:
Coldstream Wealth Management describes its community efforts as 100 percent employee-driven. The firm offers one paid volunteer day per year but does not name specific charities or giving totals.
Kevin Fitzwilson became CEO of Coldstream in 2025 and brings more than 30 years of wealth advisory experience. Before CWM, he was a VP at a Silicon Valley-based wealth management company. Fitzwilson also has a BS in civil engineering from Santa Clara University.
Fitzwilson leads Coldstream Wealth Management alongside:
Coldstream Wealth Management’s leadership team spans financial planning, compliance, M&A, and legal expertise. Several members, including Stonich and Harris, also joined through the 2021 Paracle Advisors merger.
Coldstream gained industry attention at the InvestmentNews Women to Watch Excellence Awards in October 2025. The firm’s wealth advisor Larissa Vidal earned a finalist spot in the Allyship Champion of the Year category. The nomination supports Coldstream Wealth Management’s inclusion goals as it continues to expand its team.
Hover or tap to flipCWM also said that it closed 2025 with record growth and met its three-year targets ahead of schedule since the Paracle merger. Josh Harris, president of M&A, said Coldstream will keep finding firms that “prioritize their employees’ and clients’ needs.”
Ameriprise data shows 75% of single adults expect to remain unpartnered long term, but many still lack long-term health care plans, estate planning, and tax strategies tailored to solo retirement.
Why tax law changes give advisors another reason to start the philanthropy conversation.
Advisors are expecting a big year for charitable giving after the stock market's phenomenal rise this year.
Relax advisors! AI can't do everything you do. Here's what advisors say cannot be replaced by AI.
There is more to the OBBBA than merely a continuation of the Trump tax cuts. And that's got financial advisors hard at work.
Wealth managers are using the Tesla CEO's multi-billion dollar package to educate clients on windfalls and option-based pay strategies.
Wealth managers weigh in on the impact of investing during international military conflicts.
Wealth managers comment on recent studies regarding the oft overlooked demand for LGBTQ+ specific financial advice.
Also in the West Coast, San Francisco-headquartered Parallel Advisors has bolstered its leadership with two executive hires.
The latest additions, a CPA practice and its sister RIA, boosts Coldstream's to $11.1 billion in advised assets while bolstering its tax capabilities.
The new unit’s risk and insurance capabilities will be integrated with the Seattle-based independents tax and wealth management services.
InvestmentNews flies into the financial universe to find out what skills companies are looking for in young advisors and where they're finding them.
We are living in a golden age for our industry, but challenges lie in wait and we must proudly tout the value of our services.
A host of new rules and regulations impacting high-net-worth individuals take effect this year, not to mention a significant old one that’s expiring at the end of 2025.
The two Kirkland, Washington-based firms will expand Coldstream’s business in the Pacific Northwest.
