Cresset Asset Management, LLC

RIASEC RegisteredEst. 2017

Total AUM

$78.9B

Discretionary

$77.2B

98% of AUM

Avg account

$2.4M

Accounts

32,894

Employees

496

Advisory reps

223

Firm details

Headquarters: Chicago, Illinois
CRD number: 288566
Registered since: July 10, 2017
Website: cressetcapital.com
Custodians: FIDELITY DISTRIBUTORS COMPANY LLC, PERSHING LLC, CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees
Client types: HNWI88.38%
Pooled Investment Vehicles10.11%
Corporations / Businesses0.75%
Charitable Organizations0.56%
Individuals0.2%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Cresset Asset Management, LLC is an independent, SEC-registered registered investment adviser formed as an LLC in 2017 that positions itself as a capital allocator for both individual/family and institutional clients. The firm combines financial planning and multi-client portfolio management services with pooled-vehicle advisory roles and selection-of-adviser capabilities. It also operates in commodity programs as a CPO/CTA and runs educational seminars. Fee arrangements include percentage-of-AUM, fixed fees and performance-based fees. Cresset identifies as an active ESG investor. The firm has received multiple industry recognitions across recent years, including mentions in FA Magazine (2020), Barron’s (2022 and 2025), Forbes (2022–2024), Citywire (2022 and 2024), AdvisorHub (2026) and CNBC (2026).

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Read the full firm profile in FINTRX →

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Exchange Traded Equities30%
Public Funds/Mutual Funds30%
Cash & Cash Equivalents11%
Private Funds10%
State & Local Bonds9%

Owners & executives

3 of 5

Joseph Park
Managing Director, Chief Operating OfficerCRD 5761466
Patrick Regan
Managing Director, Chief Investment OfficerCRD 2515605
Michael Costabile
Executive Managing Director, Chief Financial OfficerCRD 6938100