Crestwood Advisors Named to Barron’s Top RIAs List 2021

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Boston-based firm earns spot on prestigious annual list for second year in a row

Boston, Mass. (September 20, 2021) – Crestwood Advisors (“Crestwood”), a boutique investment advisory and wealth management firm based in Boston, today announced for the second year in a row it has earned a place on Barron’s list of the top 100 RIA firms in the country. The firm ranked 81st on the list, jumping four places ahead of its 2020 ranking.

Experiencing continued growth, Crestwood – a team of 40+ financial planning and investment professionals – currently oversees approximately $4.7 billion in total assets under management. To be considered for Barron’s list, firms are required to have at least $1 billion in assets under management.

Released annually, the Barron’s RIAs list recognizes the top 100 independent wealth management firms across the country. Placements are based on a detailed questionnaire, firm technology spending, staff diversity and succession planning.

“Our team’s grit and determination to provide nothing short of the very best outcomes for our clients has led us to experience exceptional growth opportunities over the last year,” said Michael Eckton, Crestwood CEO and Managing Partner. “Our boutique firm continues to compete and compare to the biggest firms across the country. We’re proud to earn such prestigious recognition for our diligence and commitment to simplifying the complexities of wealth and helping our clients invest with purpose.”

To read more on the methodology of the award please click here.

Please see Crestwood Advisors important disclosures regarding awards and recognition’s here.

 

Crestwood Advisors Expands Portfolio Management Team in Connecticut

Crestwood Advisors Expands Portfolio Management Team in Connecticut

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Boston-based RIA firm adds depth to Westport and Darien offices

Boston, Mass. (August 9, 2021) – Crestwood Advisors (“Crestwood”), a boutique investment advisory and wealth management firm based in Boston, today announced the growth of its Connecticut offices with the recent hires of Chris Auten, CFA, CFP®, and Charlie Tricomi, Jr., CFA, CFP®.

Chris Auten, CFA, CFP® | Chris brings more than a decade of extensive experience in financial analysis, trading, research and constructing and managing portfolios to his role at Crestwood. A Stamford resident, he joins the firm at its Westport office as a Portfolio Manager. He graduated from New Mexico State University, where he was the recipient of the university’s Peter Wichert Award for Outstanding Achievement in Finance as the top graduating finance student.

Charlie Tricomi, Jr., CFA, CFP® | Charlie joins Crestwood as Director, Portfolio Manager, working out of its Darien office. He brings more than seven years of wealth management experience to his role, along with an advanced understanding of constructing and implementing multi-asset class investment portfolios. He currently resides in Greenwich and is a member of the Rising Professional Advisors Council for Fairfield County’s Community Foundation and a member of the Greenwich Chamber of Commerce Golf Outing committee.

Across its network of offices, Crestwood’s team of 40+ financial planning and investment professionals work to provide outstanding client services guided by experience and integrity. As the firm remains committed to helping clients achieve their financial goals, it is working to forge new relationships across Connecticut while also investing in top regional talent.

“We’re elated to welcome Chris and Charlie to our Westport and Darien offices. With their expertise and knowledge of the Stamford and Greenwich markets, we’re confident they’ll achieve stellar outcomes for clients and help Crestwood make inroads in the surrounding communities,” said Crestwood CEO/Managing Partner Michael Eckton.

Susan Brewer Reflects on the Spirit and Will of Darien Community, 200 Years in the Making

Susan Brewer Reflects on the Spirit and Will of Darien Community, 200 Years in the Making

The town of Darien recently celebrated its bicentennial anniversary one year late, due to the pandemic. As festivities ramped up, Crestwood Advisors Managing Director and Portfolio Manager Susan Brewer had a few words of inspiration to share with the regional community about the spirit and will of a community, 200 years in the making.

 

Read Susan’s full thoughts in the CT Examiner here.

Crestwood Participates in Boston-based 2021 Gender/Racial Wage Gap Measurement

Crestwood Participates in Boston-based 2021 Gender/Racial Wage Gap Measurement

As a firm that’s committed to providing equal opportunities for all, Crestwood is proud to announce our participation in the 2021 Gender/Racial Wage Gap Measurement process, sponsored by the Boston Women’s Workforce Council.

As a contributor to this effort, we’re enthusiastic about joining the Boston business community once again in their efforts to measure community progress and gain a better understanding of the path forward to strengthen our city’s economy.

Explore more about the efforts of the Boston Women’s Workforce Council and the 2021 Gender/Racial Wage Gap Measurement process.

 

Crestwood Advisors Expands Team by 25% During Pandemic, AUM Has Doubled in Two Years

Crestwood Advisors Expands Team by 25% During Pandemic, AUM Has Doubled in Two Years

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Boutique RIA firm experiences continued growth with additional hires in Darien and Boston offices, outlines future expansion goals

Boston, Mass. (April 12, 2021) – Crestwood Advisors (“Crestwood”), a boutique investment advisory and wealth management firm based in Boston, today announced it has eclipsed two key milestones in its strategic growth plan.

In two years’ time, Crestwood has more than doubled its assets under management. During the pandemic, the firm has also expanded its team by 25% to support growing client needs.

The newest team additions include Charles W. Tricomi Jr., Hillary Urbancic-Davis and Nathan Gore.

Charles W. Tricomi, Jr., CFA, CFP® | Charles joins Crestwood as a Portfolio Manager, working out of its Darien, Connecticut office. He brings CFA & CFP® designations as well as 7+ years of wealth management experience to his role.

Hillary Urbancic-Davis, CPWA® | Hillary joins Crestwood at its headquarters as a Client Advisor. She possesses 7 years of direct client engagement experience with high-net-worth families. She holds a CPWA designation and is pursuing a CIMA designation.

Nathan Gore | Nathan joins Crestwood at its headquarters as an in-house Technology Specialist. He is a Certified Salesforce Administrator and brings a vast technical background to his role at the firm.

Committed to holding itself to a standard of fiduciary excellence, these strategic additions will aid Crestwood in its mission of developing client strategies that seek to protect, preserve and grow wealth. Now equipped with a team of 41 financial planning and investment professionals across its three offices, Crestwood has hired eight people over the past year.

“We’re thrilled to see our team growing and thriving,” said Crestwood CEO/Managing Partner Michael Eckton. “As we continue stewarding the most advantageous financial solutions for our clients through the growth of our staff, we’re also setting our sights on market growth, with a focus on enhancing Crestwood’s footprint in the Connecticut region and across the New England region.”

In 2019, Crestwood merged with Westport-based Catamount Wealth Management and MacGuire, Cheswick & Tuttle Investment Counsel in Darien to expand its footprint into Connecticut and broaden its team.

The mergers have helped the firm grow to three offices that now manage approximately $4.17 billion in assets, as of March 31, on behalf of high-net-worth individuals and families. Two years ago, Crestwood had approximately $1.99 billion in assets under management.

Crestwood continues to experience increased client growth and greater demand for more holistic financial planning services and investment strategies, which could fuel additional staffing needs.

“We’re optimistic about the significant progress we’ve made over the past two years, and hope to continue in this direction by attracting talent organically and acquiring it,” Eckton said.

Crestwood’s executive team remains active in its recruiting efforts of wealth management professionals from New York to Maine, including financial planners and portfolio managers, to further enhance client support and achieve results that meet current and future objectives.

Crestwood Fosters Talent Expansion – From A Distance

Your Team

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Remote work success allows firm to continue along growth trajectory

Boston, Mass. (January 21, 2021) – Crestwood Advisors (“Crestwood”), a boutique investment and wealth management firm with offices in Massachusetts and Connecticut, today announced recent additions to its team of financial professionals and expansion plans for 2021.

Since switching to a remote work model in 2020, Crestwood has made five hires, including four at the end of the fourth quarter.

The latest team additions include:

“When the pandemic began, we weren’t sure how going virtual would impact team expansion, but we adapted quickly and it has worked in our favor as there has been a dramatic uptick in financial professionals who are looking for added flexibility, including remote work options,” said Crestwood CEO/Managing Partner Michael Eckton.

“Dynamic firms like Crestwood, who have embraced technology and the flexible work environment that will likely remain in place, may continue to have a competitive advantage in the recruitment and retention of employees,” Eckton added. “We’re thrilled to welcome our new teammates to add depth and expand client engagement in 2021.”

Increasing demands from high-net-worth individuals and families for comprehensive financial planning services and investment strategies has allowed Crestwood to continue growing. With its recent additions, the firm has surpassed 40 employees across three regional offices.

Crestwood leaders remain active in their remote recruiting efforts of wealth management professionals, including financial planners and portfolio managers to further enhance client support and achieve results that meet their current and future growth objectives.

 

About Crestwood Advisors
Crestwood Advisors is an independent, fee-only, wealth management firm with approximately $4 billion in assets under management. Founded in 2003, Crestwood Advisors provides investment management with financial planning strategies to help high-net-worth individuals and families identify and prioritize their goals and build sustainable wealth so that they may enjoy more financially secure and purposeful lives. For more information, please visit https://www.crestwoodadvisors.com.

Crestwood CEO Joins Lenny Zakim Fund Board of Directors

Crestwood CEO Joins Lenny Zakim Fund Board of Directors

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Eckton looks to help Boston-based grassroots organization advance mission with further involvement

Boston, Mass. (January 4, 2021) – Crestwood Advisors (“Crestwood”), a boutique investment and wealth management firm based in Boston, today announced that CEO and Managing Partner Michael Eckton has joined the Lenny Zakim Fund (“LZF”) board of directors.

Eckton will serve an initial three-year term on the board of the Boston-based nonprofit organization. Having supported the Lenny Zakim Fund on a personal level for more than a decade, Eckton asserts his involvement stemmed from his strong belief in the organization’s mission of achieving social, racial and economic justice for all.

Over the past 10 years, Eckton has served as a site visitor, bridge builder and volunteer on internal committees with LZF, including those tasked with allocating funds to grantees.

“For 25 years, the Lenny Zakim Fund has played a vital role in grant making to address the countless needs in our local communities, and I’m honored to play a small part in encouraging and highlighting the ongoing work being done by LZF and its leadership team,” Eckton said. “I’m committed to doing my part to uplift our grassroots community organizations who are forever challenged and especially struggling under the current circumstances.”

 Supporting the community is also a central part of Crestwood Advisors’ mission. Under Eckton’s leadership, the firm embraces the opportunity and responsibility to support the communities in which its team works and lives through leadership, volunteer or financial contributions.

“Joining the board of the Lenny Zakim Fund is a wonderful opportunity to help continue acknowledgment and support of social issues, and directly help disadvantaged populations,” Eckton said.