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Coldstream Capital Management

SEC-registered adviser since 1991Bellevue, WACRD 108805

$13.9B
AUM
4,386
Clients
See fees
Fee
166
Advisory staff

From Form ADV filed 19 August 2026 · data retrieved 15 October 2026SEC record

Coldstream Capital Management is an investment adviser headquartered in Bellevue, Washington, and registered with the SEC since 1991. Its clients include high-net-worth individuals, corporations and other businesses, and other individuals. High-net-worth individuals account for 81% of its regulatory assets under management.

Its services include financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers, and educational seminars. Fee arrangements include a percentage of assets under management, hourly charges, fixed fees, performance-based fees and other arrangements. Kevin Fitzwilson is CEO of Coldstream Capital Management.

Clients

Coldstream Capital Management serves 4,386 clients, 2,393 of them high-net-worth individuals. The average client has about $3.2 million with the firm, and high-net-worth clients hold 81% of its $13.9 billion in assets.

Regulatory assets by client type
  • Individuals1,806 clients6%
  • High-net-worth individuals2,393 clients81%
  • Charitable organizations39 clients4%
  • Corporations and other businesses131 clients8%
  • Pension and profit-sharing plans17 clients1%
Show client breakdown
Individuals (other than HNW)
Clients
1,806
Regulatory AUM
$774,952,864
Share
5.6%
Avg. per client
$429K
High-net-worth individuals
Clients
2,393
Regulatory AUM
$11,334,296,733
Share
81.4%
Avg. per client
$4.74M
Pension and profit-sharing plans
Clients
17
Regulatory AUM
$133,137,996
Share
1.0%
Avg. per client
$7.83M
Charitable organizations
Clients
39
Regulatory AUM
$588,515,718
Share
4.2%
Avg. per client
$15.1M
Corporations and other businesses
Clients
131
Regulatory AUM
$1,094,332,394
Share
7.9%
Avg. per client
$8.35M

Total

Clients
4,386
Regulatory AUM
$13,925,235,705
Share
100%
Avg. per client
$3.17M

What it does

Coldstream Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers and educational seminars. It is paid through a percentage of assets, hourly charges, fixed fees, performance-based fees and other arrangements.

Coldstream Capital Management provided financial planning to 1,500 clients last fiscal year and advises 1 private funds.

97.8% of assets ($13.62B across 4,097 accounts) are managed with discretion; $301.5M across 289 accounts are not. 1% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end
  • Stocks18%
  • Funds75%
    • Registered funds73%
    • Pooled vehicles2%
  • Bonds6%
    • State and local bonds4%
    • U.S. government and agency bonds1%
    • Investment grade corporate bonds1%
  • Cash1%

Custodians

Coldstream Capital Management’s client accounts are held mainly at Fidelity, with 53% of managed assets, and Charles Schwab, with 40%. Coldstream Capital Management has custody of $7.52B for 2,802 clients.

Managed account assets by custodian
  • FidelityFidelity Brokerage Services LLC · Smithfield, RI · $7.43B53%
  • Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $5.59B40%
  • All other custodians$905.3M7%

Ownership and leadership

Kevin Fitzwilson is CEO of Coldstream Capital Management.

Who owns the firm
Coldstream Capital Management Inc· the adviser

  • Kevin Fitzwilson

    Control person · since October 1997

    Owns 10% to 25% of Coldstream Capital Management Inc

  • Fitzwilson Family 2016 Trust,scott Fitzwilson, Ttee

    since April 2021

    Owns 10% to 25% of Coldstream Capital Management Inc

  • Fitzwilson Family Irrevocable Trust,scott Fitzwilson, Ttee

    since April 2021

    Owns 10% to 25% of Coldstream Capital Management Inc

  • Fitzwilson, Scott, Richard

    since April 2021

    Owns 10% to 25% of Coldstream Capital Management Inc

  • Roger Reynolds

    since April 1996

    Owns 5% to 10% of Coldstream Capital Management Inc

Leadership

  • Kevin Fitzwilson
    Chief Executive Officer; Chairman of Board
  • Matthew Sonnen
    Chief Operating Officer
  • Erika Yelle
    Chief Compliance Officer
  • Marvin Benton
    Board Director
  • Joshua Harris
    Board Director
  • Reegan Rae
    Board Director
  • Heather Redman
    Board Director
  • David Roberts
    Board Director
  • Bryan Shipley
    Chief Investment Officer
  • Anne Marie Stonich
    Board Director
  • Natalie Straub
    Chief Revenue Officer
  • Roger Reynolds
    Shareholder

Staff

  • 207 employees
  • 166 in advisory functions
  • 131 state-registered reps
  • 13 broker-dealer reps
  • 7 insurance agents
  • 2 soliciting firms

Reported holdings

Coldstream Capital Management’s reported 13F holdings total $7.99B across 1,219 positions, and the ten largest make up 37.0% of it.

$7.99B
Reported 13F value
1,219
Positions
37.0%
In the 10 largest
−1.6%
Value vs. prior quarter
Ten largest positions, share of reported value
  1. iShares TR · Core S&P500 ETF8.5%
  2. Microsoft Corp.6.2%
  3. Vanguard Index Fds · S&P 500 ETF Shs3.1%
  4. Vanguard Index Fds · Value ETF3.1%
  5. Dimensional ETF Trust · Intl Core EQT MK2.9%
  6. Vanguard Tax-managed Fds · Van FTSE Dev Mkt2.9%
  7. Vanguard Index Fds · Growth ETF2.9%
  8. iShares TR · Hdg MSCI Eafe2.7%
  9. Apple Inc.2.4%
  10. iShares TR · 0-5 YR Tips ETF2.4%

Together, the ten largest are 37.0% of reported value.

The 50 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 14 August 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $7.99B is not its $13.93B in regulatory assets and does not represent any individual client's portfolio.

Fees

Coldstream Capital Management is paid through a percentage of assets under management, hourly charges, fixed fees (other than subscription fees), performance-based fees and other.

Coldstream Capital Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Coldstream Capital Management has 9 offices, with 10 listed addresses across 4 states.

Listed office addresses by state

Washington · 5 listed addresses

  • One - 100th Avenue Ne, Suite 102, BellevueHQ
  • 1200 Westlake Ave. N, Seattle
  • 7900 Se 28th ST, Mercer Island
  • 520 Kirkland Way, Kirkland
  • 1200 Westlake Ave. N, Seattle

Other business names

Coldstream Capital Management has reported 2 other business names to the SEC.

  • Coldstream
  • Coldstream Wealth Management

Registration details

Legal name
Coldstream Capital Management Inc
Headquarters
One - 100th Avenue Ne, Suite 102, Bellevue, WA 98004
Phone
425-283-1600
Website
www.coldstream.com
SEC file
801-39379
Structure
Delaware corporation
Fiscal year end
December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Coldstream Capital Management have?

Coldstream Capital Management has 4,386 clients and manages $13.9 billion for them, as of August 2026. They include 2,393 high-net-worth individuals, 1,806 other individuals and 131 corporations and other businesses.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 19 August 2026

What services does Coldstream Capital Management offer?

Coldstream Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers and educational seminars.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

Which custodians does Coldstream Capital Management use?

Coldstream Capital Management’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $7,428,668,233 and Charles Schwab & Co., Inc. (San Francisco, CA), with $5,591,274,980. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 19 August 2026

How many financial advisors does Coldstream Capital Management have?

Coldstream Capital Management has 131 investment adviser representatives registered with state securities authorities, out of 207 employees, and 166 perform investment advisory functions. 13 are registered representatives of a broker-dealer and 7 are licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

What does Coldstream Capital Management invest in?

At the end of its last fiscal year, Coldstream Capital Management’s separately managed accounts held 73% registered funds (mutual funds, ETFs, BDCs), 18% exchange-traded equities, 4% state and local bonds, 2% pooled vehicles (private funds and similar), 1% U.S. government and agency bonds, 1% investment grade corporate bonds and 1% cash and equivalents. It advises 1 private funds.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Coldstream Capital Management?

Coldstream Capital Management’s direct owners are Roger Reynolds, Kevin Fitzwilson, Fitzwilson Family 2016 Trust,scott Fitzwilson, Ttee, Fitzwilson Family Irrevocable Trust,scott Fitzwilson, Ttee and Fitzwilson, Scott, Richard, each holding 25% or less.

Source: Form ADV Part 1A, Schedules A and B, filed 19 August 2026

How does Coldstream Capital Management get paid?

Coldstream Capital Management is paid through a percentage of assets under management, hourly charges, fixed fees, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file

Sources

  1. Form ADV Part 1A, amendment filed 19 August 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 108805.
  3. Form 13F-HR, filed 14 August 2026 for the quarter ended 30 June 2026.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Coldstream Capital Management Inc and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.