- People Moves
- January 31, 2019
Cresset hires Jason Mussetter as Managing Director and Investment Strategist for the Midwest Region
Cresset recently announced the launch of its Minneapolis office, led by Michael Deasey
MINNEAPOLIS – January 31, 2019 — Cresset announced today that it has hired Jason Mussetter, CFA, as Managing Director, Investment Strategist for the Midwest Region. He joins the Minneapolis-based office recently announced by Cresset and led by Michael Deasey, JD, Regional Managing Director of the Midwest Region.
In his new role, Mussetter will be a key component of the business development team reporting to Deasey. He will also design, construct, and manage customized investment strategies on behalf of Cresset’s clients. He previously was Vice President, Senior Portfolio Manager with Abbot Downing of Wells Fargo, where he managed institutional-quality assets for the Minneapolis and Houston multi-family offices. Prior to that he was a Portfolio Manager with Evergreen Investments.
“It’s an honor to join an organization like Cresset that is so singularly focused on providing personalized, comprehensive services to its clients,” Mussetter said. “To be able to work on behalf of clients in an independent environment with a firm that has innovation in its DNA is a once-in-a-career opportunity.”
Mussetter earned a Bachelor of Science degree from the University of North Carolina at Chapel Hill and a Master of Business Administration in Finance from the University of North Carolina at Charlotte. He is also a CFA charter holder.
“We are thrilled to welcome Jason to our new Minneapolis-based office,” Deasey said. “He embodies the top talent that Cresset is attracting to execute on our vision to reinvent wealth management and how people experience their wealth and the impact it can have.”
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 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 other 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 United States with the goal of creating positive and measurable social impact and the potential for risk-adjusted, tax-advantaged returns.* Since Cresset’s inception in 2017, the firm has recruited more than 90 team members across six offices.
*The contents hereof are not to be used as the basis for making any investment decision and are not a recommendation of, or solicitation for, the subscription, purchase or sale of any security, including the fund mentioned herein.