Blockchain Registration Transaction Record

Cresset and Monticello Merge in $200B Wealth Management Power Move

Cresset partners with Monticello Associates in $200B strategic combination, creating powerhouse wealth management firm with enhanced institutional advisory capabilities and investment access.

This partnership represents a significant consolidation in the wealth management industry that could reshape how high-net-worth individuals, families, and institutions access investment opportunities. For clients of both firms, the combination means enhanced research capabilities, broader access to premier investment managers across public and private markets, and strengthened advisory services. The creation of a $200 billion entity provides scale advantages typically only available to the largest institutions, potentially offering better investment terms, more sophisticated strategies, and improved risk management. For the broader financial services landscape, this merger signals continued consolidation in the family office and institutional advisory space, potentially setting new standards for client service and investment access. The emphasis on maintaining independence and client-first values while achieving significant scale could influence how other wealth management firms approach growth and client service in an increasingly competitive market.