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.
Faulty Forms 1099 and account statements reportedly left some Vanguard brokerage customers overpaying or underpaying taxes for over a decade.
The democratization of ETFs cuts both ways
Independent broker-dealers snap up experienced advisors as competition for established practices intensifies.
Derek Flowers, a nearly 30-year veteran, is set to retire in mid-January, handing the reins to the executive who helped lead the bank's regulatory turnaround.
The campaign spans broadcast TV and streaming, as the brokerage faces slowing client net flows and an $8.1 billion advisor team that left to launch an RIA this month.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
