LOS ANGELES--(BUSINESS WIRE)--Cresset Asset Management (“Cresset”) has expanded its presence to the Los Angeles market with the hire of Goldman Sachs Advisor Sarah Marriott, who will serve as Managing Director, Wealth Advisor for Cresset in Los Angeles. Cresset now manages more than $13 billion in client assets across 10 locations around the nation, including Chicago, Houston, West Palm Beach, Atlanta, Minneapolis, Denver, San Francisco, and Reston, Virginia.
In her role at Cresset, Marriott will partner with media and entertainment executives, entrepreneurs, corporate executives, and select foundations and endowments to help them maximize their balance sheets, achieve their goals, and plan for their legacy.
“I am excited to help build Cresset’s presence in the L.A. region and introduce more CEO Founders, entrepreneurs, and executives to the vast ecosystem of talent and capabilities that Cresset has to offer,” Marriott said.
Founded in 2017, Cresset has quickly grown to more than $13 billion in AUM by offering individuals and families access to a comprehensive suite of family office services, institutional-quality private investments, deeply personalized wealth management, investment advisory, and goals-based planning.
Prior to Cresset, Marriott worked with private clients and family offices at Goldman Sachs, where she provided comprehensive wealth management services, including investment management, lending, philanthropy, financial education and literacy for the next generation, as well as alternative investment due diligence. Prior to Goldman Sachs, she was an advisor with Coastal Bridge Advisors, where she worked closely with current Cresset Managing Director and Wealth Advisor Sarah Simon. Simon and Marriott will continue to serve clients together on behalf of Cresset.
“Cresset continues to attract outstanding talent like Sarah because of our commitment to equip advisors with the tools, resources, and flexibility they need to truly act in the best interests of their clients,” said Avy Stein, Cresset Founder and Co-Chairman. “Sarah will be instrumental in building out Cresset’s presence in the L.A. region, which is a high-priority growth market for us. We are excited to welcome many more client families in the region to Cresset and share with them our unique vision to reinvent the way people experience wealth.”
Marriott graduated cum laude from Skidmore College with a B.A. in Neuroscience and Psychology.
Cresset offers access to a comprehensive suite of family office services, deeply personalized wealth management, investment advisory, planning, and other services through Cresset Asset Management, LLC. Cresset Partners, LLC, Cresset’s private investing group, offers clients direct access to institutional-quality real estate, private equity, private credit, and other investment opportunities. Cresset Asset Management, LLC, and Cresset Partners, LLC are SEC registered investment advisors. To learn more, visit https://cressetcapital.com.