Christopher J. DeMonte, CFA, joined Cresset a year ago, drawn to the firm’s commitment to always putting clients’ interests first, while providing access to a sophisticated array of ideas, talent and solutions.
“After working for more than 25 years exclusively within private banking and wealth management, it became abundantly clear to me that a new approach was necessary to provide clients with an experience uniquely tailored to their needs,” said DeMonte, a Partner and Managing Director at Cresset. “Working with supremely talented individuals, who come to work each day committed to and enthusiastic about creating something truly special, has made this past year one of the most enjoyable of my career.”
Cresset was founded by Chicago private equity entrepreneurs Eric Becker and Avy Stein as an independent, privately-held wealth advisory firm.
“I previously worked with Chris and always appreciated his expertise, so it was an exciting day when he chose to join us at Cresset a year ago,” said Doug Regan, CEO of Cresset Wealth Advisors. “As our very first wealth advisory hire, he has been instrumental in helping shape Cresset’s unique capabilities and outstanding culture.”
Private equity entrepreneurs Eric Becker and Avy Stein founded Cresset with a vision to reinvent wealth management and with a firm belief that clients deserve better. Cresset offers individuals and families with access to a comprehensive suite of family office services, deeply personalized wealth management, investment advisory, planning and other services through Cresset Asset Management, an SEC registered Investment Advisor, which in 2018 surpassed $3 billion in assets under management. Cresset Partners, our private investing group, offers clients direct access to real estate, private equity and secondaries investment opportunities. Alongside Diversified Real Estate Capital which was founded and is led by Larry Levy, Cresset Partners launched the Cresset-Diversified QOZ Fund, which will invest in Qualified Opportunity Zones across the US with the goal of creating positive and measurable social impact and the potential for substantial risk-adjusted, tax-advantaged returns. Since Cresset’s inception in 2017, the firm has recruited over 70 team members across six offices.