Cresset has announced that Chris Tiano and Nick Smith have joined the firm as managing directors, wealth advisers in Cresset’s Los Angeles and New York offices, respectively. Tiano and Smith previously served as directors for Lazard Wealth, where they oversaw $1.1 billion in assets under advisement.
Tiano works closely with business owners and entrepreneurs whose wealth is concentrated in the companies they’ve built. He has extensive experience guiding clients through the pivotal moments that define their financial lives, from scaling a business to a liquidity event and the complexity that follows, including designing sophisticated portfolios across public and private markets and coordinating with trust and estate attorneys and CPAs on tax planning, wealth transfer, liquidity needs and long-term preservation of capital.
Before joining Cresset, Tiano advised individuals, families and non-profit institutions at Lazard Wealth, Focus Financial Partners and Glenmede Tru