Coldstream Merges with Rosenbaum Financial

INVESTMENT MANAGEMENT DEALS BLOG

October 14, 2021

On September 22, 2021, Coldstream Wealth Management announced that it will merge with Rosenbaum Financial.

Under the terms of the transaction, Coldstream Wealth Management (“Coldstream”) and Rosenbaum Financial (“Rosenbaum”) will merge. The transaction was completed without private equity or other outside equity capital. Rosenbaum will operate under the Coldstream brand and all Rosenbaum employees will remain in place. Further terms of the deal were not disclosed.

Coldstream, based in Seattle, Washington, is an independently operated, employee-owned wealth management firm. Coldstream has approximately $4.3 billion in assets under management.

Rosenbaum, based in Portland, Oregon, is an investment advisor specializing in serving high-net worth families and individuals, business owners, widowed or divorced women, and institutions. Rosenbaum has approximately $463 million in assets under management.

To read the press release: please click here.