Cresset Announces Reshuffling of Executive Staff Positions
Cresset, a leading multi-family office, has made significant changes to its C-suite, aiming to further accelerate its growth and position itself for long-term success.
Susie Cranston, President of Cresset, announced these changes, stating that they reflect the firm's growth and are a strategic move towards a prosperous future.
One of the key appointments is Mike Silverman, who has been promoted to the role of Chief Investment Officer (CIO). Silverman, who joined Cresset in 2024 following the acquisition of CH Investment Partners, brings over 25 years of experience in the investment management industry to the table. He is committed to executing Cresset's vision to reinvent the way clients experience wealth, with a focus on both public and private solutions.
In his new role, Silverman will lead the investment strategies at Cresset, working closely with the Cresset team to deliver highly sophisticated public and private investment solutions.
Jack Ablin, a founding partner of Cresset, has also been elevated within the firm. He has been appointed as the Chief Investment Strategist, where he will concentrate on analyzing macroeconomic trends that impact Cresset's investment strategies. Ablin is impressed with the sophistication and depth of talent on the Cresset Investment Team and is looking forward to leveraging this to guide dynamic investment decisions.
The leadership structure at Cresset reflects a strategy centered on leveraging informed macroeconomic insights to guide dynamic investment decisions, maintaining a strong presence in both public and private markets. The firm's investment department thus emphasizes advanced, multi-asset class solutions tailored to complex client needs, combining deep market analysis with execution expertise.
Amy Hong, who previously held the role of Chief Compliance Officer, has taken on the additional role of Chief Operating Officer at Cresset. Hong has leadership roles at JPMorgan Chase and First Republic Bank in her past.
The creativity and innovative approach at Cresset sets them apart from the industry in bringing the best investments to clients from private and public markets. With these key appointments, Cresset is poised to continue delivering sophisticated, client-focused investment solutions rooted in economic insight and growth opportunities.
In line with Cresset's growth strategy and vision to reinvent wealth management, Susie Cranston, the firm's President, announced significant changes in the C-suite. These changes, she stated, reflect the firm's growth and are a strategic move towards a prosperous future. Key appointments include Mike Silverman, who has been promoted to the role of Chief Investment Officer (CIO), focusing on delivering public and private investment solutions, and Jack Ablin, who has been appointed as the Chief Investment Strategist, where he will analyze macroeconomic trends to guide investment decisions.
