Coldstream Names Kevin Fitzwilson CEO, Refines Leadership Team
By Staff
Coldstream Wealth Management, an employee-owned registered investment adviser, announced a number of leadership changes in an effort to improve processes and refine roles and responsibilities. The company also announced that it has successfully reached its three-year growth goals ahead of schedule.
Kevin Fitzwilson, formerly the managing shareholder, has been named the company’s chief executive officer. In this role, Fitzwilson will continue to be accountable to the shareholders and board of directors, oversee the implementation of the firm’s long-term strategy, and work directly with the firm’s leadership and complementary business line teams.
“Coldstream has more than doubled in size in every area of our business over the past three years, and with that growth comes the need to evolve how we operate,” Fitzwilson said. “To capitalize on this continued growth while remaining independent and free of private equity influence, we must provide greater clarity in ownership, decision-making, communication, and how we work across teams.”
Beyond Fitzwilson’s promotion, Coldstream further streamlined its senior leadership team and developed new roles.
Natalie Straub was named president of wealth management & team experience. Continuing to collaborate with wealth management team leaders as the firm’s accountability partner, Straub will oversee team member experience and the human resources team.
Josh Harris was named president of mergers & acquisitions. As president of M&A, Harris will continue to lead the firm’s marketing and business development teams.
David Christian was named chief growth officer. As chief growth officer, Christian will partner closely with Straub, Harris, and wealth management team leads on organic growth initiatives, wealth management team coaching, and development. He will also lead annual growth initiatives and strategic projects for these teams.
Anne Marie Stonich was named chief client experience officer. Stonich will focus on service delivery and overall client experience by developing a more consistent process for client engagement, wealth management practices, and the “Coldstream Way” with regard to client experience.
Matt Sonnen was named chief operating officer. Sonnen will continue to lead the operations, centralized client services, business integration, IT and data, and compliance teams.
These leadership changes follow closely on Coldstream’s recent acquisition of the $2 billion Portland, Oregon-based RIA, Cable Hill Partners. In January of this year, the company merged with Seattle-based Harrison Berkman Claypool & Guard and its RIA with $500 million in assets under management, HBC Financial Services.
Click here to visit the AltsWire directory page.
