Coldstream Acquires HBCG and HBC

INVESTMENT MANAGEMENT DEALS BLOG

February 19, 2025

On January 9, 2025, Coldstream Wealth Management announced that it acquired Harrison Berkman Claypool & Guard and HBC Financial Services.

Coldstream Wealth Management (“Coldstream”) announced, on January 9, 2025, that it acquired Harrison Berkman Claypool & Guard (“HBCG”) and HBC Financial Services (“HBC”). Under the terms of the transaction, HBCG’s employees will become a new team of advisors within Coldstream and form a new team within Coldstream’s tax & consulting practice. Further terms of the transaction were not disclosed.

Coldstream, based in Seattle, is a registered investment advisor offering wealth management, risk management, tax, endowment and fund management services. As of January 2025, Coldstream had approximately $11.1 billion in assets under advisement.

HBCG, based in Seattle, is an accounting firm providing financial and tax-related services, including tax preparation, estate planning, stock option planning and business succession planning.

HBC, based in Seattle, is a registered investment advisor and a branch of HBCG that provides retirement planning and portfolio management services. As of the date of the transaction, HBC had approximately $500 million in assets under advisement.

To read the press release: please click here.

The opinions expressed are those of the author(s) and do not necessarily reflect the views of the firm or its clients, or any of its or their respective affiliates. This article is for general information purposes and is not intended to be and should not be taken as legal advice.