Cresset hires Mark Guinney for California Region

Cresset announced today the addition of another industry veteran to its San Francisco office with the hiring of Mark Guinney, CFA, as Managing Director of Investment Strategies for the California Region.

With more than 25 years of investment management experience, Guinney brings deep expertise in working with ultra-high-net-worth families and family offices, with a focus on impact investing related to environmental sustainability and financial wellness. Prior to joining Cresset, Guinney most recently served as the Co-Head of the Investment Group at Tiedemann Advisors, where he had responsibility for market strategy, manager selection, risk management and asset allocation for both traditional and impact investments. He was also a member of the firm’s internal Investment Committee. Prior to that role Guinney was the Chief Investment Officer at the Presidio Group, which later became Tiedemann Advisors.

“I could not be more excited to be joining a firm like Cresset with its vision to fundamentally reinvent how wealth management services are offered,” Guinney said. “The team in California is extraordinary, as is the entire family of Cresset across its seven offices. Cresset is offering something very special to its clients, and I look forward to adding my expertise.”

Guinney is a frequent speaker at industry conferences and events and is the author of multiple papers on topics related to investing and wealth management. In 2018, he co-authored the CFA level III required reading on “Asset Allocation to Alternative Strategies”.  He is a member of the CFA Institute and CFA Society of San Francisco. Guinney earned a bachelor’s degree in economics from Pomona College, and an MBA in finance from the Haas School of Business at the University of California, Berkeley.

Born and raised in California, Guinney lives in Mill Valley just north of San Francisco with his family.

“Mark is such a fantastic addition to the Cresset team and simply a stellar and deeply seasoned investment professional,” said Martim de Arantes Oliveira, Regional Managing Director, Northern California for Cresset.

Cresset has expected assets under management of more than $4.5 billion in combination with Cypress Wealth Advisors. Since its founding two years ago, Cresset has recruited more than 100 team members across six offices.

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, with expected assets under management to be more than $4.5 billion in combination with Cypress Wealth Advisors. 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 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.*

*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 $40 billion in assets under management (as of 7/13/2023). 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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