On July 9, 2024, Coldstream Capital Management, Inc., announced that it merged with Arnerich Massena, Inc.
Coldstream Capital Management, Inc. (“Coldstream”) announced on July 9, 2024, that it had merged with Arnerich Massena, Inc. (“Arnerich Massena”). Arnerich Massena’s seven advisors and staff of 19 will be incorporated into Coldstream as Team Rae, and all employees will become shareholders of Coldstream as part of the partnership arrangement. Further terms of the transaction were not disclosed.
Coldstream, based in Seattle, is a registered investment advisor serving high-net-worth individuals. As of December 31, 2023, Coldstream had approximately $7.5 billion in assets under management.
Arnerich Massena, based in Portland, Oregon, is an investment advisory firm serving individuals and endowments. As of July 2024, Arnerich Massena had approximately $2 billion in assets under management. DeVoe & Company served as financial advisor to Arnerich Massena in the transaction.
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