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Austin Firm Acquired by Columbia Pacific Wealth Management

Expanding our reach into a new market, we’re delighted to announce that we’ve acquired the assets and employees of Mission Hill Advisors, LLC, an independent private wealth management firm founded by veteran investment advisor Hal Peterson.

We recognized the significant growth of the Austin market and felt we needed to establish a presence within the greater community. Austin’s combination of entrepreneurship, innovation, a premier university, and a vibrant arts and entertainment culture are similar to the places where we already have a strong footprint — Seattle and San Francisco. It just made sense to explore expansion in Austin and we couldn’t have found a better firm to acquire.

Peterson will lead the Austin office and sit on the investment committee at the firm level. Relationship Manager Kira Scott and Research Associate Josh De Freitas will round out the current Austin team, which will continue to seek to provide an exceptionally high level of service and advice to affluent entrepreneurs, families, family offices, endowments, and foundations.

“I enjoyed every aspect of operating Mission Hill,” Hal said, “but the opportunity to partner with the right people and provide significant resources to clients and employees of the firm made the sale an easy decision. I’m enthusiastic about building something very special with a great group of clients and colleagues. The depth of financial resources, intellectual capital, business experience, and remarkable professional network at Columbia Pacific will all be available for clients to tap into as we navigate the challenges of wealth management together.”

We’re extremely enthusiastic about the opportunity to extend our presence into Texas with our Austin office. With his experience in the industry, his professional network and his extensive community service, Hal is the perfect person to lead our Texas business.

We currently employ 37 people across our three offices, and our affiliates, Columbia Pacific Advisors and Columbia Pacific Management, collectively employ approximately another 110. The Austin office is located at 1303 San Antonio Street, Suite 840. Hal can be reached at 512-829-0622 or halp@columbiapacificwm.com.

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