Coldstream Capital Management Inc (Bellevue)


Coldstream Capital Management Inc is a large advisory firm based in Bellevue. It manages $2.77 billion of regulatory assets for 1,046 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alaska, Arizona, California, and 15 other states.

Coldstream Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Coldstream Capital Management: assets under management

The assets under management (AUM) of Coldstream Capital Management Inc is $2.77 billion. The firm's AUM has grown by 803% since the beginning of its operation, and $1.46 million of the total AUM is attributable to clients outside of the United States.

The firm manages $2.6 billion in discretionary accounts and $170.79 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.94 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.05 million.
Coldstream Capital Management has custody of $1.83 billion in cash and securities for 731 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 41% of the total AUM. The second-largest asset type is investment and business development companies, which make up 36% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Coldstream Capital Management Inc for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Roger Clifford Reynolds serves?

The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Roger Clifford Reynolds is high net worth individuals with 556 clients and $2.41 billion of assets under management. Among the 10 most similar advisory firms, Coldstream Capital Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $2.77 billion for 1,046 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Coldstream Capital Management also advises several private funds. Namely, one hedge fund and two real estate funds. The minimum investment commitment required of non-related persons ranges from $50,000 to $200,000.

Careers at Coldstream Capital Management Inc

The company employs 61 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 32 employees are registered as investment adviser representatives with the state securities authorities.

There are 7 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Roger Clifford Reynolds has been acting as President since 1 Apr 1996. Howard A. Coleman has served as the Chief Investment Officer since 1 Aug 2014. Heather Ann Bell Redman joined the executive team most recently as the Board Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Roger Clifford Reynolds Director 1 Apr 1996 Other 3024255
Donald Lee Gher Shareholder 1 Apr 1996 Other 1591048
Robert Hugh Mcnulty Managing director 1 Apr 1996 Other 2831423
David Meredith Hudson Shareholder 1 Apr 1996 Other 851805
Luther Towner Shareholder 1 Apr 1996 Other 3179764
Geoffrey W Holmes Shareholder 1 Jul 1996 Other 3179752
Kevin Michael Fitzwilson President; chairman of board 1 Oct 1997 25% - 50% 2511528
Robert Robbins Richards Director 1 May 1999 Other 1641587
W Thomas Porter Director 1 Apr 2000 Other 1992106
Elaine Heller Relationship manager 1 Feb 2001 Other 2000212
Robert Hugh Mcnulty Director 1 Jul 2002 Other 2831423
Inc. Boston Private Holdings Shareholder 1 Dec 2002 25% - 50% 04-2976299
Inc. Boston Private Financial Holdings Shareholder 1 Dec 2002 25% - 50% 04-2976299
Robert Daniel Frazier Portfolio manager 1 Oct 2003 Other 4500660
Erika Eng Yelle Chief compliance officer 1 Mar 2004 Other 1632625
Robert Daniel Frazier Managing director/cio/coo 1 Dec 2007 Other 4500660
Michael Joseph Butler Director 1 May 2009 Other 1607507
Elaine Heller Managing director 1 Oct 2009 Other 2000212
Matthew Christopher Johnston Director 1 Nov 2010 Other 4118947
Catherine Jollene Williams Chief operating officer 1 Jan 2011 Other 2572155
Robert Clinton James Partner/ director 1 Jul 2012 Other 2463421
Michael Joseph Butler Director 1 Nov 2013 Other 1607507
Philip Thomas Platt Chief operating officer 1 Apr 2014 Other 4811718
Howard A. Coleman Chief investment officer 1 Aug 2014 Other 4637806
Richard Scott Simmonds Director 1 Jan 2015 Other 852362
John Michael Orehek Board director 1 Nov 2015 Other 1030271
Gary Rubens Board director 1 Nov 2015 Other 6652048
David Gordon Roberts Board director 1 Apr 2017 Other 1875134
Heather Ann Bell Redman Board director 1 Nov 2018 Other 6807946

Based in Bellevue

The principal office where Coldstream Capital Management Inc performs its advisory services is located at One 100 Th Avenue Ne, Bellevue, WA 98004 The mailing address of the firm is P.O. Box 1456, Bellevue, WA 98009 1456. An additional office of the firm is in Seattle, WA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 425-283-1600 or by fax 425-283-5100. The normal business hours are 7:00am- 4:00pm on Monday - Friday. You can find more information about the New York firm at coldstream.com.