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CRESSET ASSET MANAGEMENT, LLC
CRD 288566File 801-110753
APPROVED
Retail clients
Custody
Filing as of Aug 13, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$78.94B
Top 10% of cohort (national)
Discretionary AUM
$77.15B
Non-discretionary $1.78B
Clients
4,911
32,894 accounts
Employees
496
Top 10% of cohort in IL
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- CHRO
- Registration date
- Jul 10, 2017
- Principal office
- 444 W. LAKE STREET, SUITE 4700, CHICAGO, IL, 60606
- Phone
- 312-429-2400
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $78.94B
- Discretionary AUM
- $77.15B
- Non-discretionary AUM
- $1.78B
- Discretionary accounts
- 31,788
- Non-discretionary accounts
- 1,106
- Total accounts
- 32,894
- AUM per client
- $16.1M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | 3 | $595.5M |
| Charitable organizations | 17 | $440.9M |
| High net worth individuals | 3,667 | $69.77B |
| Pooled investment vehicles | 145 | $7.98B |
| Individuals (other than high net worth individuals) | 1,079 | $156.4M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Fixed fees
- Performance-based fees
- A percentage of assets under your management
Advisory activities
- Other
- Financial planning services
- Selection of other advisers
- Portfolio management for other
- Portfolio management for businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- Yes
- Firm Custody Clients
- Yes
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- Yes
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Apr 1, 2026 | Employees | 468 | 496 | increased by28 |
| Apr 1, 2026 | Clients | 4,631 | 4,911 | increased by280 |
| Apr 1, 2026 | AUM | $71,864,303,961 | $78,936,263,960 | increased by$7,071,959,999 |
| Apr 1, 2026 | Accounts | 42,546 | 32,894 | decreased by9,652 |
| Dec 1, 2025 vs May 1, 2025 | Clients | 4,540 | 4,631 | increased by91 |
| Dec 1, 2025 vs May 1, 2025 | AUM | $62,017,355,005 | $71,864,303,961 | increased by$9,846,948,956 |
| Dec 1, 2025 vs May 1, 2025 | Accounts | 37,202 | 42,546 | increased by5,344 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 298 | 468 | increased by170 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 1,573 | 4,540 | increased by2,967 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $22,967,857,515 | $62,017,355,005 | increased by$39,049,497,490 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 13,727 | 37,202 | increased by23,475 |
| Apr 1, 2022 | Employees | 255 | 298 | increased by43 |
| Apr 1, 2022 | Clients | 1,521 | 1,573 | increased by52 |
| Apr 1, 2022 | AUM | $20,553,466,547 | $22,967,857,515 | increased by$2,414,390,968 |
| Apr 1, 2022 | Accounts | 12,473 | 13,727 | increased by1,254 |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “CRESSET ASSET” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“CRESSET ASSET” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.