Cresset acquires $500 million Cypress Wealth Advisors

Acquisition brings two-year-old Cresset's AUM to $4.5 billion

May 2, 2019 @ 11:44 am

By InvestmentNews

Cresset Asset Management has acquired Cypress Wealth Advisors, a San Francisco-based RIA with more than $500 million in assets under management. With the acquisition, Cresset, which also is based in San Francisco, now manages $4.5 billion in assets.

(More:Bronfman Rothschild acquisition creates $10 billion RIA)

Cypress was founded in 2004. Its entire staff is joining Cresset, which was founded in 2017. In addition to San Francisco, the firm has offices in Chicago, Seattle, Denver, Minneapolis and West Palm Beach, Fla.


What do you think?

View comments

Recommended next


Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting It'll help us continue to serve you.

Yes, show me how to whitelist

Ad blocker detected. Please whitelist us or give premium a try.


Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print