Coldstream Capital Management Inc (Bellevue)

Name: Coldstream Capital Management Inc
Address: One 100 Th Avenue Ne, Bellevue, WA, 98004
Telephone: 425-283-1600

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. The adviser charges an additional fee when a set benchmark is outperformed. 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.