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Coldstream Wealth Management Review

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This review was produced by SmartAsset based on publicly available information. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s reviews. This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the firm mentioned in this review or its financial professionals.

Coldstream Wealth Management is a financial advisor firm headquartered in Bellevue, Washington. This fee-based firm works mostly with individual clients but also has a large pool of insititutional clients, including retirement plans, charitable organizations and corporations.

Coldstream operates multiple offices in the Pacific Northwest, offering portfolio management, financial and tax planning, as well as estate and consulting services to its clients.

Coldstream Wealth Management Background

Coldstream Wealth Management was founded in 1996 by Roger Reynolds and Don Gher. The firm, which is owned by its employees, is led by managing shareholder Kevin Fitzwilson. In addition to its headquarters in Bellevue, the firm has other offices throughout Washington, Oregon, Idaho and Alaska. 

Coldstream Wealth Management Client Types and Minimum Account Sizes

Coldstream Wealth Management works with individuals, high-net-worth individuals, pension and profit-sharing plans, charitable organizations, corporations and other businesses. 

Coldstream Wealth Management requires a minimum account size of $2 million for portfolio management services. For corporate pension or retirement plans seeking services from Coldstream, the minimum size is $5 million. Coldstream Wealth Management may choose to waive these minimums at its discretion.

Services Offered by Coldstream Wealth Management

Coldstream Wealth Management offers a standard range of services to its clients, including the following:

  • Investment advisory services
  • General financial planning
  • Retirement planning
  • Tax planning
  • Estate design
  • Risk management and insurance solutions
  • Private client services
  • Ultra-affluent services

Due to the firm's high account minimum of $2 million, it places a special emphasis on tax and financial planning services for the very wealthy, listed above as "ultra-affluent services."

Coldstream Wealth Management Investment Philosophy

Coldstream Wealth Management seeks to build portfolios that combine non-correlated assets to balance and minimize risk without sacrificing returns. The firm frequently uses large- and small-cap stocks, a range of fixed-income instruments, alternative investments and tangible assets, like real estate and commodities.

The firm relies on fundamental, technical and cyclical methods of analysis when analyzing securities, and portfolio managers at the firm also meet regularly to review and discuss the financial and economic trends affecting portfolios.

Fees Under Coldstream Wealth Management

For portfolio management services, Coldstream Wealth Management follows this basic fee schedule:

Coldstream Wealth Management Fee Schedule
Assets Under Management Fee Rate
$0 - $5,000,000 1.00%
$5,000,001 - $15,000,000 0.85%
$15,000,001 - $25,000,000 0.75%
$25,000,000 and above Negotiable

These fees will be paid quarterly, in advance, based on the market value of your account of the last day of the prior quarter. The table below shows how Coldstream Wealth Management's fees might look for a potential client.

*Estimated investment management fees do not include brokerage, custodial, third-party manager or other fees, which can vary in amount.
Estimated Investment Management Fees at Coldstream Wealth Management*
Your Assets Coldstream Wealth Management Fee Amounts
$500K $5,000
$1MM $10,000
$5MM $50,000
$10MM $92,500

For clients with more than $2 million in assets under management and clients who are paying at least $20,000 in annual fees, financial planning services are included in addition to the standard investment services. For clients looking solely for financial planning services, fees are negotiable based on the complexity and scope of the plan being requested.

What to Watch Out For

Coldstream Wealth Management doesn’t have any disclosures on its legal and regulatory record, according to its Form ADV.

Some advisors at Coldstream Wealth Management are also registered representatives of Coldstream Securities, Inc., which is a registered securities broker-dealer. These advisors may receive commissions when conducting certain securities transactions in their capacity as Coldstream Securities representatives. The receipt of these commissions generates a potential conflict of interest, although the firm is bound by fiduciary duty. This means that it’s required, by law, to always act in the best interest of its clients. 

Opening an Account With Coldstream Wealth Management

If you’d like to get in touch with Coldstream Wealth Management, the easiest way is to fill out the contact form on the firm’s website. The form will ask for your name, email address, phone number, company, asset range, area of interest and a brief message. If you’d like to contact a specific office, the respective phone numbers are listed on the contact page of the firm’s website as well.

All information is accurate as of the writing of this article.

Tips for Finding a Financial Advisor

  • If you’re new to the investing world but you want to make sure your portfolio is on the right track, it may be worth speaking with a financial advisor. Finding a financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three vetted financial advisors who serve your area, and you can have a free introductory call with your advisor matches to decide which one you feel is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
  • If you have a lot of money invested in taxable accounts, then capital gains can have a big impact on your taxes. SmartAsset’s capital gains tax calculator can help you calculate how much you'll need pay so you can plan ahead.

How Long $1mm Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We analyzed data on average expenditures for seniors, cost of living and investment returns to determine how many years of retirement a $1 million nest egg would cover in cities across America.

First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. We then applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in the largest U.S. cities.

We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.

Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research