Chris Georgopoulos, who oversaw $400 million at Merrill Lynch in Palm Beach, Florida, and Thomas McKeown, who oversaw $400 million at Fidelity Investments, respectively have joined the West Palm Beach and Chicago offices of Cresset Asset Management.
Cresset, headquartered in Chicago, is a registered investment adviser and multifamily office with more than $23 billion in assets under management.
The independent RIA's new hire, with a decade of M&A experience from his former firm and Raymond James, comes as SEIA logs record growth in 2024.
Bank of America gains strength in NY a veteran UHNW advisor while RayJay welcomes a three-decade industry veteran in Georgia.
A decline in bullishness across Wall Street has not stifled financial innovation in the ETF industry, with scores of new funds minted including leveraged and exotic bets.
China may suspend some tariffs on US goods.
Shares up 5% in premarket trading following stronger results.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
