Cresset Asset Management is acquiring CH Investment Partners, a Dallas-based RIA firm that serves high-net-worth families, adding $6.2 billion in assets under management.
The transaction, set to close at month’s end, will integrate CH’s team of 37 advisors and support staff into Cresset, boosting Cresset’s total AUM to over $62 billion.
CH operates as a multifamily office, delivering comprehensive wealth management services, including a strong focus on alternative investments tailored to ultra-high-net-worth clients.
Mike Silverman, CH’s co-president and CIO, describes Cresset as a “cultural fit” that will enhance the firm’s ability to offer broader services and investment opportunities to its clients. “This partnership allows us to extend our family office services and investment expertise to Cresset’s families,” Silverman says.
Silverman and CH’s other co-president, Kirk Rimer, will continue to lead the practice, with all team members joining Cresset as partners under its employee-ownership model. CH’s footprint includes offices in Tulsa, Oklahoma, and Charlotte, North Carolina, in addition to its Dallas headquarters.
Cresset co-founder and co-chairman Avy Stein emphasizes the alignment between the two firms, noting their shared commitment to family-first, high-touch service that drives meaningful outcomes for clients.
This acquisition marks Cresset’s second this year, following its purchase of The Connable Office, a Michigan-based family office with a legacy spanning more than 130 years.
