Cold Creek Capital Inc. (Braintree)


Cold Creek Capital Inc. is an investment adviser to an investment company based in Braintree. It manages $22.93 million of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Massachusetts.

Cold Creek Capital provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Cold Creek Capital: assets under management

The assets under management (AUM) of Cold Creek Capital Inc. is $22.93 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -31% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $22.93 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.64 million each.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Cold Creek Capital Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Robert William Norton serves?

The firm provides services to investment companies and high net worth individuals. The largest group of clients of Robert William Norton is investment companies with 1 clients and $16.42 million of assets under management. Among the 4 most similar advisory firms, Cold Creek Capital has the 2nd lowest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $22.93 million for 14 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Cold Creek Capital doesn't advise any private funds.

Careers at Cold Creek Capital Inc.

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Robert William Norton has been acting as President since 1 Feb 2014. John C Driscoll joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Thomas Patrick Norton Director, president, treasurer 1 Feb 2014 25% - 50% 4578842
Alan Edward Norton Director, secretary, chief compliance officer 1 Feb 2014 25% - 50% 1584844
Robert William Norton Director 1 Feb 2014 25% - 50% 6308015
John C Driscoll Director 1 May 2014 Other 6472510

Based in Braintree

The principal office where Cold Creek Capital Inc. performs its advisory services is located at 67 Storrs Ave, Braintree, MA 02184 The mailing address of the firm is 25 Recreation Park Drive, Hingham, MA 02043. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-699-9241. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at coldcreekcapital.com.