{"id":561052,"date":"2026-07-21T16:48:09","date_gmt":"2026-07-21T16:48:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/561052\/"},"modified":"2026-07-21T16:48:09","modified_gmt":"2026-07-21T16:48:09","slug":"cresset-adds-two-managing-directors-from-lazard-wealth","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/561052\/","title":{"rendered":"Cresset Adds Two Managing Directors From Lazard Wealth"},"content":{"rendered":"<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Cresset Capital Management, a multi-family office based in New York overseeing <a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" href=\"https:\/\/www.wealthmanagement.com\/ria-news\/q-a-cresset-s-new-ceo-on-her-vision-for-the-future\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">more than $250 billion in client assets<\/a>, has hired Chris Tiano and Nick Smith as managing directors and wealth advisors in its Los Angeles and New York offices, the firm announced Tuesday.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Tiano and Smith previously served as directors for Lazard Wealth for about two years, according to BrokerCheck. While there, they oversaw $1.1 billion in client assets.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Before Lazard, Tiano worked at Focus Financial Partners and Glenmede Trust Company, while Smith held positions at Merrill Lynch Wealth Management, Bessemer Trust and Fiduciary Trust Company International.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Tiano works with business owners and entrepreneurs whose wealth is concentrated in their companies, guiding clients through liquidity events, portfolio design across public and private markets, and coordination with trust and estate attorneys on tax planning and wealth transfer.<\/p>\n<p data-component=\"related-article\" class=\"RelatedArticle\">Related:<a class=\"RelatedArticle-RelatedContent\" href=\"https:\/\/www.wealthmanagement.com\/ria-news\/carson-group-creates-ownership-path-for-advisors-and-team-members-with-equity-program\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">Carson Broadens Equity Sharing to W-2 Advisors, Support Staff<\/a><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">\u201cCresset has built a platform that truly understands the complexities entrepreneurs, business owners and multigenerational families face as their wealth evolves,\u201d he said in a statement.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Smith has spent 15 years advising ultra-high-net-worth individuals, families and institutional clients on investment management, estate planning, wealth transfer and tax strategy.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Cresset has been active in recruiting advisors from other RIAs and wealth divisions at banks, including <a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" href=\"https:\/\/www.wealthmanagement.com\/ria-news\/-200b-cresset-poaches-goldman-team\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">Goldman Sachs<\/a> and <a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" href=\"https:\/\/www.wealthmanagement.com\/ria-news\/-1b-j-p-morgan-advisor-breaks-to-cresset-to-expand-denver-footprint\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">J.P.Morgan<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Cresset Capital Management, a multi-family office based in New York overseeing more than $250 billion in client assets,&hellip;\n","protected":false},"author":2,"featured_media":561053,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[72,176,61,60,174,175],"class_list":["post-561052","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-ie","tag-ireland","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/561052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=561052"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/561052\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/561053"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=561052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=561052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=561052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}