Cresset has combined with TRUE Capital Management, a San Francisco-based RIA managing $1.7 billion on behalf of high-profile clients in the sports and entertainment industries.
More than $6.6 billion in assets was transacted this week, while two new firms were launched, an investment bank opened, and key positions were created and filled.
Focus Financial Partners posted a net loss and lower-than-expected revenue during the first quarter, as it nears a sale to private equity firm Clayton, Dubilier & Rice.
Amir Monsefi, the co-founder and CEO of AIRE Advisors, describes “conflicts of interest” with the ability to serve clients and grow the business at Merrill. The former resident director shares how building their own RIA allowed them the freedom to...
After a long tenure as the investment banker to RIA deal-makers, Nesvold is jumping to the other side of the table and joining former client Cresset, a fast-growing $30 billion RIA.
