Hanley Sayers, who managed $500 million at Goldman Sachs, has joined Cresset Asset Management, a registered investment advisory firm.
Cresset, which is based in Chicago, manages $12 billion in assets and has offices throughout the country.
Sayers will be based in Houston, expanding Cresset's footprint to Texas.
Sayers was with Goldman Sachs for nine years.
Divorce, widowhood, and retirement are events when financial advisors may provide stability and guidance.
The industry group and other financial associations called out risks from premature disclosures, overreporting, and bad actors weaponizing the rule's requirements.
In regards to the new fund, called WVB All Markets Fund, Morningstar analysts wrote that, “despite the brand-name pedigree of the asset managers involved, most of these strategies are untested.”
New Broadridge survey reveals surge in AI investments, with a third of respondents expecting a payoff within six months.
The latest launches in 2025, which include leveraged strategies, cryptocurrency, and active funds, mark a sharp turn from the passive revolution envisioned by Jack Bogle.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
