LIBERTY STEIN ROE ADVISOR TRUST
485BPOS, EX-99.(I)(4), 2000-10-26
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October 24, 2000


As counsel for Liberty-Stein Roe Advisor Trust (the "Trust"),  we consent to the
incorporation by reference of our opinions  relating to the respective series of
the  Trust  filed as the  following  exhibits  to the  following  post-effective
amendments  ("PEAs")  to  the  Trust's  registration  statement  on  Form  N-1A,
Securities Act File No. 33-17255:
                                                                 Exhibit
                              Date of             Date of             to PEA
        Series                Opinion             Filing         No.   No.
Stein Roe Advisor High-Yield    11/17/97        11/17/97        10(b)   5
        Municipals Fund
Stein Roe Advisor Intermediate  11/17/97        11/17/97        10(b)   5
        Bond Fund
In giving  this  consent we do not admit that we are in the  category of persons
whose consent is required under Section 7 of the  Securities  Act of 1933.  Very
truly yours,

BELL, BOYD & LLOYD LLC


By      /s/     Cameron S. Avery
                Cameron S. Avery







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