Cresset Announces Chief Experience and Chief Financial Officer Hires

Dave Jackson is named Chief Experience Officer, and Michael Costabile is named Chief Financial Officer

Cresset announced today that Dave Jackson has been named as the firm’s first Chief Experience Officer; and Michael Costabile as Chief Financial Officer.

Dave Jackson, Chief Experience Officer
As Chief Experience Officer, Jackson leads Cresset’s efforts in helping to ensure positive experiences for clients. Prior to joining Cresset, Jackson was a Principal with Evanston Advisors, a multi-family-office wealth management firm that Cresset acquired earlier in 2019.

In addition to his professional work, Jackson serves in volunteer leadership roles with several organizations tackling the issues and challenges facing single mothers, disempowerment in Chicago’s west side communities, HIV/AIDS in Africa, and most recently U.S. prison reform. He earned degrees in Business Administration and Public Policy from Carthage College.

“It is a privilege to take the lead in developing a truly differentiated client experience at Cresset that brings our vision to life of reinventing how our clients experience wealth,” Jackson said.

Michael Costabile, Chief Financial Officer
Costabile joins Cresset as Chief Financial Officer after most recently serving as CFO of Moneta Group, one of the largest RIAs in the United States, with more than $20 billion in assets under management. Prior to that role, he was the CFO and Chief Human Resources Officer of Intalere (formerly Amerinet), a leading national health care supply chain optimization organization. He began his career in the audit division of Arthur Andersen in Pittsburgh.

In addition to his professional work, Costabile serves on the board of Craft Alliance Center of Art + Design, a nonprofit art center with a mission to enrich and empower the community through craft outreach and education. In the past, he served as a board member and volunteer for the Pittsburgh Urban Magnet Project, with the mission to engage and retain young people to bring dynamism, diversity and change to Pittsburgh.

Costabile earned a bachelor’s degree in Accounting with highest honors from Pennsylvania State University and became a CPA in Pennsylvania in 1994. Currently based in St. Louis, Costabile will soon relocate to Cresset’s Chicago headquarters.

“I’m delighted to have joined an amazing team at Cresset. I could not be more excited to contribute to this fast-growing firm that brings a differentiated value proposition to its clients” Costabile said.

“Dave and Michael are amazingly talented professionals who bring a depth of expertise and experience to Cresset and our clients. Under their leadership, we are well positioned to further build upon our story of growth and reinventing wealth management,” said Michael Cole, CEO of Cresset.

About Cresset

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. Cresset Partners, Cresset’s 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 invests in Qualified Opportunity Zones and creates potential for risk-adjusted, tax-advantaged returns.*

*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.

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About Cresset

Cresset is an independent, award-winning multi-family office and private investment firm with more than $45 billion in assets under management (as of 04/01/2024). Cresset serves the unique needs of entrepreneurs, CEO founders, wealth creators, executives, and partners, as well as high-net-worth and multi-generational families. Our goal is to deliver a new paradigm for wealth management, giving you time to pursue what matters to you most.

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