Independent · Fee-only · Fiduciary

Wealth, managed for the long arc of a life.

Calderwood is an independent registered investment advisor serving 1,240 families across the Mountain West. We plan, invest, and coordinate tax — together, in one conversation, with no commissions and nothing to sell.

$4.7B
Assets under management
as of March 31, 2026
1,240+
Client households
across four states
6
Offices
in the Mountain West
27
Years independent
founded in 1998

Why Calderwood

The structure of advice shapes the advice itself.

We are an independent, fee-only fiduciary. We earn nothing from commissions, product sales, or referral arrangements — only a transparent fee paid directly by the families we serve. That single structural choice removes the conflicts that quietly shape most financial advice, and it lets us build plans around one question: what is genuinely right for you.

Fee-only, never commissioned

No product sales, no commissions, no hidden revenue-sharing. Our only compensation comes directly from clients, so our advice answers to you and no one else.

Planning and investing under one roof

Your financial plan and your portfolio are managed by the same team, in the same conversation. Strategy never gets lost in the handoff between a planner and a money manager.

Tax woven into every decision

An in-house CPA reviews the tax consequence of every meaningful move — withdrawals, gifting, equity comp, Roth conversions — before it happens, not the following April.

A real advisor, a real phone number

Every household is served by a named lead advisor and a dedicated planning associate. You will not navigate a call center or meet a new face each year.

The advisors

Credentialed professionals you will actually know by name.

Meet the team
EC
Eleanor Calderwood
CFP®, MBA
Founder & Chief Executive Officer

Eleanor founded the firm in 1998 after a decade at a national brokerage convinced her that families deserved advice free of sales quotas. She leads the firm’s planning philosophy and still personally advises a small group of long-tenured households.

MD
Marcus Devlin
CFA
Chief Investment Officer

Marcus chairs the investment committee and oversees portfolio strategy across every client relationship. He spent twelve years managing institutional fixed-income mandates before joining Calderwood to bring that discipline to individual investors.

PR
Priya Raman
CFP®
Senior Wealth Advisor

Priya leads complex planning for executives and multigenerational families, with a particular focus on equity compensation and charitable strategy. She joined the firm in 2009 and mentors the next generation of Calderwood advisors.

Our footprint

Six offices. Four states. One Mountain West.

We meet clients where they are — in Colorado, Arizona, New Mexico, Utah — and serve households nationwide by video and phone.

View all locations
Denver
Colorado
Headquarters
Boulder
Colorado
Scottsdale
Arizona
Santa Fe
New Mexico
Park City
Utah
Salt Lake City
Utah

A standing invitation

Let’s talk about what your money is for.

Every relationship begins with an unhurried, no-obligation conversation. Bring your questions; we’ll bring three decades of independent perspective.

Schedule an introduction