IM Deals Blog

Coldstream Acquires HBCG and HBC

Written by admin | Feb 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.