Coldstream Merges with Arnerich Massena, Raises AUM to $10B 

Coldstream Capital Management, Inc. has added to its Pacific Northwest footprint after announcing a merger with Arnerich Massena, Inc., a Portland-based investment advisory firm managing around $2 billion in client assets. The combined entity will now oversee more than $10 billion in assets.  

“We are delighted to merge with Reegan, Bryan, and the rest of the Arnerich Massena team,” said Kevin Fitzwilson, Seattle-based Coldstream’s managing shareholder. “Joining forces with them is consistent with our longtime mergers and acquisitions strategy, which is laser-focused on aligning ourselves with partners who not only share our values and approach to service but are committed to remaining independent and employee-owned.”   

Arnerich Massena, led by co-CEOs Reegan Rae and Bryan Shipley, will operate as Team Rae within Coldstream, with all employees becoming shareholders. This move follows Coldstream’s recent expansion, including the launch of Coldstream Risk Management and mergers with Seidman Capital Group and Hersman Serles Almond, LLC. (Photo: Reegan Rae)