CHICAGO – March 2, 2021 — Cresset Asset Management (“Cresset”) received the Best High-Net-Worth Investment Platform award at the Private Asset Management Awards on February 10. This award recognizes excellence …
5 Financial Planning Strategies Every PE Partner with Carried Interest Should Consider
By Alex Smith, Partner and Managing Director; and Sarah Simon, Wealth Strategist and Wealth Advisor with Cresset Carried interest represents a powerful financial planning tool for private equity partners. With the Biden administration now …
The Importance of Grit & Resiliency in CEO Founders: A Conversation with Frey Farms CEO Sarah Frey
Cresset recently hosted a conversation with Sarah Frey, Founder and CEO of Frey Farms, as part of our virtual Founder Series. Sarah shared her experiences building her once failing family farm into one of the country’s largest produce suppliers, along with her take on the critical role grit and resiliency play for any CEO Founder to thrive.
The Risks and Rewards of SPAC Investing
Special Purpose Acquisition Vehicles (SPACs), lately have become a popular way for private companies to go public. Also known as “blank-check” companies, SPACs enable sponsors to raise capital through an …
Cresset Ranked In The Forbes 2021 Best-In-State Wealth Advisors List
Paul Pagnato, Janet Dougherty and Chris DeMonte have once again been named to the Forbes Best-In-State Wealth Advisors list. According to Forbes, these “advisors are laser focused on having a …
Family Wealth Report Features Cresset’s Entrance into the Texas Market
Hanley Sayers Family Wealth Report features Cresset’s entrance into the Texas market, along with our hire of senior Goldman Sachs advisor Hanley Sayers. Before joining Cresset, Sayers served as a Vice …
5 Leadership Lessons from Entrepreneur Larry Levy
By Bill Rudnick, Senior Partner and General Counsel for Cresset Most people know Larry Levy as the Co-Founder of Levy Restaurants, the largest provider of sports and entertainment catering in …
Why We Like Energy Infrastructure
Frigid temperatures are gripping the nation, fueling rallies in the energy complex. Brent crude rose 1.4 per cent to $63.30/bbl, a pre-pandemic level. Natural gas, a main source of home …
Cultivating Resilience in Families through History and Stories
By Rachel Gil, Associate Director of Governance and Education at Cresset The year 2021 has become a time of deep reflection and soul-searching for many families. Many of us are …
Cresset Hires Senior Goldman Sachs Advisor Hanley Sayers, Establishes Presence in the Houston Market
HOUSTON – Feb. 10, 2021 — Cresset Asset Management (“Cresset”) announced today that it has hired Hanley Sayers as a Partner, Managing Director, and Wealth Advisor. With this hire, Cresset …
The Side Effects of the COVID-19 ‘Relief’ Plan
President Biden and congressional Democrats, citing economic urgency, are poised to move forward with a $1.9 trillion relief plan, opting not to compromise with Republican negotiators. Included in the package: …
Potential Longer-term Implications of Populist Capitalism
Motivated by profit and the opportunity to inflict financial pain on mega-wealthy hedge fund managers, retail traders – armed with a few thousand dollars in their Robinhood accounts – ganged …
Lessons Learned: Rebuilding the Family Business with Sarah Frey
Sarah Frey decided to stay and invest in the community she dreamed of escaping as a child, and is striving to end food waste in the fresh produce industry. In …
The Revenge of the Retail Investors
Equity markets have staged a dramatic rebound from the depths of the pandemic-induced selloff last March, fueled by an aggressive central bank and the prospect of fiscal relief. From its …
Ideas to Help the Young Adult in Your Life Establish Good Credit
Many young adults graduate high school or college without understanding how credit works or the importance of having a good credit score. Establishing good credit is not just about getting …
Where Do We Go from Here?
We believe one of the best ways to assess current market conditions is through Cresset’s Five Macro Factors: valuation, economic backdrop, liquidity, psychology and momentum. These gauges offer a useful …
Could Higher Interest Rates Upset the Market?
After bottoming out last August at an historical low of 0.5 per cent, the 10-year Treasury yield inched higher, closing the year at a post-pandemic high of 0.91 per cent. …
Making the Transition from Entrepreneur to CEO to Chairman – a Conversation with Larry Levy
Legendary entrepreneur Larry Levy co-founded Levy Restaurants 40 years ago and built it into the largest provider of sports and entertainment catering in the country. He knows a thing or …
Cresset’s Five Themes for 2021
2021_Five_Themes_Jack_Ablin_ from Cresset on Vimeo. Cresset’s Five Themes for 2021 YOLO spending will pressure prices The Fed flinches Valuation is stretched, but opportunities remain Investor optimism could lead to disappointment …
Serving on a Board? What You Need to Know About D&O Insurance Coverage
You’ve been asked to serve on a board of directors. Or maybe you’ve been serving on a board for years. You are passionate about helping the organization accomplish its mission, …
