Cresset has announced the following updates to its C-suite team: current executive managing director Mike Silverman has been named CIO. Current CIO Jack Ablin is being promoted to the role of chief investment strategist. Current chief compliance officer Amy Hong will take on the additional role of COO.
In his new role, Ablin will focus on analyzing and distilling macroeconomic trends impacting Cresset's investment strategies. As CIO, Silverman will apply those insights to Cresset's investment strategies and lead the investment team in providing clients with highly sophisticated public and private investment solutions.
Ablin is one of the founding partners of Cresset and has been with the firm since 2018. He has more than three decades of experience in money management and was formerly the CIO of BMO Harris Bank.
Silverman joined Cresset in 2024 following Cresset's acquisition of CH Investment Partners, where he served as co-president and CIO. After finishing a 1
