Cresset Acquires Evanston Advisors

April 19, 2019

On March 19, 2019, Cresset Asset Management, LLC announced its acquisition of Evanston Advisors Inc.Under the terms of the deal, all eleven of the employees of Evanston Advisors Inc. (“Evanston”), including its principals Nathan Snodgrass, Dave Jackson, and Keith Cantrell, will join Cresset Asset Management, LLC (“Cresset”). Further terms of the deal were not disclosed.

Cresset, founded in 2017, is a wealth management firm that provides planning and investment advisory services with approximately $4 billion in assets under management.

Evanston, founded in 1982, is a registered investment adviser firm with more than $500 million in client assets under management.

To read the press release:
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Categories

Investment Manager M&A, Transactions