- In the News
- February 8, 2019
Cresset honored as Best RIA for High-Net-Worth Clients at the 2019 Private Asset Management Awards
CHICAGO – Feb. 8, 2019 — Cresset received the “best RIA for high-net-worth clients” honor at the Private Asset Management (PAM) Awards* held in New York on Feb. 7.
For more than two decades, the PAM awards have recognized the best of the private wealth management industry. They showcase the achievements of top investment professionals, wealth advisors, and other key service providers and are judged using an independent panel of industry experts who use both qualitative and quantitative performance indicators to select the winners.
“It is incredibly meaningful to all of us at Cresset to receive this validation of our vision to reinvent the way people experience wealth,” said Cresset CEO Michael Cole. “From the beginning we’ve developed our model with the belief that wealth management clients deserve better, and this recognition from leaders in the industry is a wonderful affirmation that our mission is resonating.”
Founded by private equity entrepreneurs Eric Becker and Avy Stein with a vision to reinvent wealth management, Cresset serves individuals and families access with a comprehensive suite of family office services, deeply personalized wealth management, investment advisory, financial planning, direct investments and other services. Founded in 2017, Cresset Asset Management recently surpassed $3 billion in assets under management.
To learn more about Cresset, contact us at 312-429-2400.
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.**
*Winners of the PAM awards are comprised of individuals and firms who have been nominated via an online submission process and through recommendations from market participants. Judges use the submitted application material, as well as any uploaded supplemental information, to determine which firm, individual or product they believe to be the most suitable and deserving for each category.
**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.