Cresset Asset Management provides wealth management, investment advisory, financial planning, and family office services to individuals, high-net-worth individuals, trusts, estates, retirement plans, and business entities. The firm offers both discretionary and non-discretionary portfolio management, tailoring strategies to each client's goals, risk tolerance, and time horizon. Cresset's investment approach includes asset allocation, portfolio construction, and supervision across various asset classes, including public equities, fixed income, alternative investments, and private funds. Financial planning covers financial position analysis, investment planning, income tax planning, retirement planning, estate planning, and education planning. Family office services encompass wealth strategy, asset protection, family governance, tax projections, and bill pay. The firm utilizes active and passive management strategies, incorporating both internal research and third-party managers.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $5.0M | 1.25% |
| $5.0M - $10.0M | 1.10% |
| $10.0M - $25.0M | 0.90% |
| $25.0M - $50.0M | 0.80% |
| $50M+ | 0.70% |
Firm offers both a Top-Tier fee schedule and a Waterfall fee schedule. The schedule above reflects the Top-Tier rates; the Waterfall schedule rates are 1.25% up to $5M, 0.90% from $5M-$10M, 0.80% from $10M-$25M, 0.70% from $25M-$50M, and 0.60% for $50M+. Fees are subject to a minimum annual fee of the lesser of $25,000 or 2.00% of managed assets. Fees are negotiable.