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Columbia Asset Management, L.L.C.

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Client assets under management

$1,020,384,962

Clients

411

51% high-net worth

Advisors

5

of 7 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

82

High

Average account size

$2,482,688

About

Columbia Asset Management provides discretionary wealth management and financial planning to individuals (including high‑net‑worth clients), trusts, estates, corporations, and charitable organizations. Its services include portfolio construction and ongoing investment supervision across individual equities, fixed income, mutual funds and ETFs, and the firm also advises on retirement account rollovers when appropriate.

The firm combines fundamental research with Modern Portfolio Theory to set strategic asset allocations and generally pursues a long‑term investment horizon while permitting shorter‑term trades for rebalancing or cash needs. Columbia serves as a fiduciary, conducts regular monitoring and at least annual reviews, and typically manages assets on a discretionary basis with custody held at a qualified custodian (the firm commonly recommends Charles Schwab).

Founded in 1997 and led by its principal owner, Columbia manages approximately $1.2 billion in client assets across six advisors and 411 clients, a level of assets per advisor that is notably higher than most peer teams. The firm reports no disciplinary history, offers financial planning as either a standalone or bundled service, and discloses an institutional relationship with Schwab that provides technology and operational support (and associated economic benefits).

Client services

Financial planning Portfolio management

Expertise

Wealth management General retirement planning Cash flow / budgeting

Fee options

Fixed

Fixed agreed upon fee for wealth management services (alternative to percentage of AUM)

Percentage

1% annually (no more than 1%)

Project-based

Agreed upon hourly rate for financial planning services and other financial services

Other

Fee-only: Agreed upon hourly rate for financial planning services

Main office location

Columbia Asset Management, L.L.C.

924 N Main Street, Suite 1

Ann Arbor MI 48104, United States

Number of offices

1

Most active in

Michigan

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Linda M

Series 65

Ann Arbor, MI

Columbia Asset Management, L.L.C.

Linda Meadows is a financial advisor at Columbia Asset Management, L.L.C. in Ann Arbor, MI, holding a Series 65 designation with nine years of industry experience. She has been with Columbia Asset Management since 2005. Columbia Asset Management provides wealth management and discretionary portfolio management services to individuals, high-net-worth clients, trusts, estates, corporations, and charitable organizations. The firm customizes portfolios using a mix of equities, fixed-income securities, mutual funds, and ETFs, employing fundamental analysis alongside Modern Portfolio Theory with a long-term orientation.

Wealth management General retirement planning Cash flow / budgeting
user avatar

Chris L

Series 65

Ann Arbor, MI

Columbia Asset Management, L.L.C.

Chris Luong is a financial advisor at Columbia Asset Management, L.L.C. in Ann Arbor, MI, holding a Series 65 designation with three years of industry experience. Prior to his advisory career, he managed Fabulous Nails & Spa LLC for eight years. Columbia Asset Management provides wealth management and discretionary portfolio management services to individuals, high-net-worth clients, trusts, estates, corporations, and charitable organizations. The firm customizes portfolios using a mix of equities, fixed-income securities, mutual funds, and ETFs, applying fundamental analysis alongside Modern Portfolio Theory with a generally long-term approach.

Wealth management General retirement planning Cash flow / budgeting
user avatar

Brian W

CFP®

Ann Arbor, MI

Columbia Asset Management, L.L.C.

Brian Weisman is a CFP® professional at Columbia Asset Management, L.L.C. in Ann Arbor, MI, with 15 years of industry experience. He has been with Columbia Asset Management since 1997. Columbia Asset Management provides wealth management and discretionary portfolio management services to individuals, high-net-worth clients, trusts, estates, corporations, and charitable organizations. The firm customizes portfolios using a mix of equities, fixed-income securities, mutual funds, and ETFs, applying fundamental analysis and Modern Portfolio Theory with a long-term orientation.

Wealth management General retirement planning Cash flow / budgeting
user avatar

Christen S

Series 65

Ann Arbor, MI

Columbia Asset Management, L.L.C.

Christen Sando is a financial advisor at Columbia Asset Management, L.L.C. with seven years of industry experience and holds a Series 65 designation. She is part of a four-person advisory team based in Ann Arbor, MI. Columbia Asset Management provides wealth management and discretionary portfolio management services to individuals, high-net-worth clients, trusts, estates, corporations, and charitable organizations. The firm customizes portfolios using a mix of equities, fixed-income securities, mutual funds, and ETFs, applying fundamental analysis alongside Modern Portfolio Theory with a generally long-term orientation.

Wealth management General retirement planning Cash flow / budgeting
user avatar

Kory S

Series 65

Ann Arbor, MI

Columbia Asset Management, L.L.C.

Kory Salagean is a financial advisor at Columbia Asset Management, L.L.C. with five years of industry experience and a Series 65 credential. His prior work includes four years at Annie's Childrencenter and ten years in education. Columbia Asset Management provides wealth management and discretionary portfolio management services to individuals, high-net-worth clients, trusts, estates, corporations, and charitable organizations. The firm customizes portfolios using a mix of equities, fixed-income securities, mutual funds, and ETFs, applying fundamental analysis and Modern Portfolio Theory with a long-term orientation.

Wealth management General retirement planning Cash flow / budgeting
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