Cresset Asset Management has acquired Evanston Advisors, a Chicago-area SEC registered investment adviser.
Evanston was founded in 1982 and has more than $500 million in client assets under management. Evanston is led by Keith Cantrell, co-founder, and Nathan Snodgrass and Dave Jackson, principals. The firm has 11 team members in total, all of whom have joined the Cresset team to continue serving existing clients and to be part of Cresset’s growth.
Cresset anticipates continuing to pursue other similar partnership and investment opportunities in various markets across the country. Cresset’s growth initiatives focus on organic investments in its core markets along with targeted complementary acquisitions of other independent registered investment advisers.
