# Cresset Asset Management, LLC

> Cresset Asset Management, LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 2017, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 13, 2026.

- CRD: 288566
- Filed as: CRESSET ASSET MANAGEMENT, LLC
- Also doing business as: CH INVESTMENT PARTNERS, CRESSET, CRESSET CAPITAL, CRESSET SPORTS + ENTERTAINMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chicago, IL
- Filing period: October 2026
- Form ADV filing dated: August 13, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/288566
- AdvisorCensus page: https://advisorcensus.com/firm/cresset-asset-management-llc-chicago-il-288566

## Quick answers

**How is Cresset Asset Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Cresset Asset Management, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees.

**Where is Cresset Asset Management, LLC located?**
Cresset Asset Management, LLC's principal office is in Chicago, IL, according to its Form ADV; the September 2026 filing also lists 16 other offices (Schedule D, Section 1.F).

**Is Cresset Asset Management, LLC registered with the SEC or a state?**
Cresset Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 288566.

**How much does Cresset Asset Management, LLC manage?**
Cresset Asset Management, LLC reports $78,936,263,960 in regulatory assets under management in its Form ADV filing dated August 13, 2026 (98% discretionary).

**How have Cresset Asset Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Cresset Asset Management, LLC: Regulatory assets under management: $13,976,429,233 in the October 2021 data and $78,936,263,960 in the October 2026 data, up 465%. Total employees: 146 in October 2021 and 496 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Cresset Asset Management, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (3,667); individuals (other than high net worth individuals) (1,079); pooled investment vehicles (other than investment companies and business development companies) (145).

**Which custodians does Cresset Asset Management, LLC use?**
Cresset Asset Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Fidelity Brokerage Services LLC and Pershing LLC as custodians holding 10% or more of its separately managed account assets.

**Does Cresset Asset Management, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/288566

**Does Cresset Asset Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 27, 2026 says: "Cresset generally does not impose a minimum size for establishing a relationship although it may impose a minimum annual fee as stated above."

**What changed in Cresset Asset Management, LLC's recent Form ADV filings?**
In the June 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated March 27, 2026)

- Account minimum: None

> Cresset generally does not impose a minimum size for establishing a relationship although it may impose a minimum annual fee as stated above.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Brokerage Services LLC
- Pershing LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $78,936,263,960
- Discretionary: $77,154,210,754
- Non-discretionary: $1,782,053,206

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1,079 | $156,407,428 |
| High net worth individuals | 3,667 | $69,765,063,468 |
| Pooled investment vehicles (other than investment companies and business development companies) | 145 | $7,978,383,110 |
| Charitable organizations | 17 | $440,867,630 |
| Corporations or other businesses not listed above | 3 | $595,542,324 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops

### Firm details
- Registered since: 2017 (9 years)
- Employees: 496 total, 187 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Atlanta, GA
- Charlotte, NC
- Dallas, TX
- Denver, CO
- Greenwich, CT
- Houston, TX
- Los Angeles, CA
- Menlo Park, CA
- Minnetonka, MN
- Naples, FL
- New York, NY
- Reston, VA
- San Francisco, CA
- Santa Barbara, CA
- Scottsdale, AZ
- West Palm Beach, FL

### Websites listed on Form ADV (Item 1.I)
- barrons.com/advisor/finder/cresset
- bsky.app/profile/cressetcapital.com
- chinvestments.com
- cressetcapital.com
- forbes.com/companies/cresset
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- launch-generation.com
- longgamebook.com
- membershipprogram.cressetcapital.com
- monticelloassociates.com
- quora.com/profile/Cresset-2
- reddit.com/user/Cresset_wealth
- rfallp.com
- Facebook @cressetcapital
- Facebook @p
- Instagram @cressetwealth
- Instagram @ericbeckerofficial
- LinkedIn @berman-capital-advisors-llc
- LinkedIn @ch-investment-partners
- LinkedIn @cresset-capital
- LinkedIn @meristemfamilywealth
- LinkedIn @monticello-associates
- LinkedIn @pagnatokarp
- LinkedIn @the-connable-office-inc
- LinkedIn @true-capital-management
- X @Cresset_
- YouTube @cressetwealth

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $13,976,429,233 | 146 | October 1, 2021 |
| October 2022 | $22,967,857,515 | 298 | August 11, 2022 |
| October 2023 | $40,730,067,238 | 383 | September 26, 2023 |
| October 2024 | $52,506,642,484 | 402 | September 11, 2024 |
| October 2025 | $70,378,422,406 | 468 | July 16, 2025 |
| October 2026 | $78,936,263,960 | 496 | August 13, 2026 |

Regulatory assets under management: $13,976,429,233 in the October 2021 data and $78,936,263,960 in the October 2026 data, up 465%.
Total employees: 146 in October 2021 and 496 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Added the business name Cresset Capital.
- Employees performing advisory functions went from 191 to 187.
- Changed its office addresses in Charlotte, NC.
- Changed its office addresses in New York, NY.
- Changed its office addresses in Santa Barbara, CA.
- Changed its office addresses in Scottsdale, AZ.
- No longer lists an office in Nashville, TN.
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Registered or notice-filed in PR.

### November 2025
- Changed its office addresses in San Francisco, CA.
- Changed its office addresses in Santa Barbara, CA.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Cresset Asset Management, LLC (CRD 288566): Form ADV filing data as of October 2026.