Cresset Asset Management to merge with Meristem Family Wealth.

Cresset Asset Management, a multi-family office and private investment firm, agreed to merge with Meristem Family Wealth, a wealth management firm. Financial terms were not disclosed. “Cresset and Meristem are a strong cultural fit for many reasons. Both firms started as shared family offices serving a limited number of families, quickly growing into leading multi-family offices. Today, we use our scale to offer an enviable array of talent, services, and investment opportunities to our clients without ever losing our boutique focus on our clients. We share a client-first mentality and employ a holistic, team-based approach to client service. We are both proudly independent, entrepreneurial, and driven by innovation. Our values could not be more aligned,” Avy Stein, Cresset Chairman and Co-Founder.