Crestwood Advisors celebrates 20 years!

We are pleased to celebrate the 20th anniversary of Crestwood Advisors!

Over the last two decades, Crestwood Advisors has grown from a small team crammed into a single office above Quincy Market to a leading wealth advisory firm. We were pleased to be listed on the inaugural Forbes/SHOOK Top 100 RIA Firms List, Best Financial Advisors Firms by USA Today and the perennial Barron’s Top 100 RIA List.

We began with the idea of building a highly client-centric advisory firm that would go beyond what traditional banks, brokerages or other competitors were willing to deliver. This premise has not changed, although we serve many more successful client families than we did 20 years ago, and we have built an organizational culture that has attracted the finest talent in our industry. Our firm began humbly with an emphasis on research and investment management, and we have expanded our expertise to counsel successful individuals and families through comprehensive financial planning, estate, tax, and philanthropic planning, as well as risk management.

None of this would be possible without our extraordinary clients. Thank you for the support and trust you have placed in us. You have welcomed us into your lives, and we are reminded daily what a privilege it is to be included in your family milestones, successes, and challenges. Without you, we would not be the vibrant business we are today. We now engage with more than 600 families in 40 states with combined assets of more than $4.5 billion. Today, we serve our clients out of offices in Boston, MA as well as Darien and Westport, CT.

We are incredibly grateful to have added so many dedicated & insightful partners and colleagues to the firm over these many years. Our partners and colleagues have provided a solid foundation for Crestwood to continue growing year after year – we are grateful for the dedication and enthusiasm you show every day. Your thoughtful and professional work allows Crestwood to continue advancing alongside our clients. Finally, thank you to our team members’ families, who provide the support for all of us to bring integrity and motivation to Crestwood and to spend meaningful time with our clients.

With 20 years of wealth management success comes 20 years of gratitude. Thank you for an amazing journey – we look forward to our shared future with you!

Crestwood Advisors Named to WealthManagement.com’s RIA Edge 100 List for 2023

Crestwood Advisors Named to WealthManagement.com’s RIA Edge 100 List

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Boston advisory firm continues to be recognized as a leading RIA firm

Boston, Mass. (March 13, 2023) – Crestwood Advisors (“Crestwood”), a boutique investment advisory and wealth management firm based in Boston, is pleased to announce it has been recently named to the inaugural WealthMangement.com RIA Edge 100 list for 2023.

The RIA Edge 100 was developed by the Wealth Management IQ team in partnership with Discovery Data. Qualifying firms were limited to those that provide financial planning services, have high-net-worth individuals as more than half of their client base and manage at least $250 million in assets as of June 30, 2022.  RIA Edge 100 firms exemplify the most impressive growth rates combined with the best client ratios and CFP certifications, according to WealthManagement.com. In their judgment, this list represents firms with the greatest success while continuing to provide high-quality, hands-on services to an expanding client base.

“It is an honor to be recognized in new ways for the hard work of our teams spread across New England,” said Crestwood CEO/Managing Partner Michael Eckton. “As an RIA firm that puts in continuous efforts to expand our service offerings and team to help clients achieve their financial goals, it is rewarding to receive industry accolades and validation. Reinvesting in your business takes work and dedication. I am very thankful to our Crestwood team who make recognitions like this possible.”

 

The RIA Edge 100 is not a ranked list. The full methodology can be found here. Crestwood did not pay a fee for obtaining or marketing the award.

Please see Crestwood Advisors important disclosures regarding awards and recognitions here.

Crestwood Advisors Recognized on Inaugural Forbes/Shook Top 100 RIA Firms List 2022

forbes top 100 shook

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Boston advisory firm continues year of growth with prestigious national accolade

Boston, Mass. (October 27, 2022) – Crestwood Advisors (“Crestwood”), a boutique investment advisory and wealth management firm based in Boston, is pleased to announce it has been named to the inaugural Forbes/Shook Top RIA Firms list of the top 100 firms in the nation, ranking at No. 57.

This is the second national list Crestwood has made this fall. In September, the firm was ranked No. 93 on the prestigious Barron’s 2022 Top 100 RIA Firms list.

As a growing advisory firm committed to client success, Crestwood’s nearly 50 financial planning and investment professionals across New England strive to meet clients wherever they are in life, providing guidance, tools and financial solutions to help individuals and families succeed.

“It is an honor to be included in this inaugural Forbes list,” said Crestwood CEO/Managing Partner Michael Eckton. “It confirms what we already know – that the dedication to quality client services by our team of seasoned professionals is a recipe for ongoing success. We are grateful every day for their hard work and the personalized approach they take to managing our clients’ investments.”

This first Forbes/Shook Top RIA list represents firms with assets totaling $730 billion. It was created by Shook Research using quantitative and qualitative data to determine the rankings.

The full methodology can be found here.

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

 

 

Crestwood Advisors Ranked No. 93 in Barron’s Top 100 RIA Firms List 2022

barrons 2022 top ria ranking

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Boston advisory firm caps year of growth with prestigious national accolade

Boston, Mass. (September 20, 2022) – Crestwood Advisors (“Crestwood”), a boutique investment advisory and wealth management firm based in Boston, is thrilled to announce it has been named to the Barron’s 2022 Top 100 RIA Firms list.

Crestwood ranked No. 93 on the prestigious national list.

This year’s list was Barron’s 7th annual ranking of independent advisory companies. The rankings are based on assets managed by the firms, technology spending, staff diversity, succession planning, and other metrics. The goal of this list is to highlight the nation’s best financial advisors with the intention of raising industry standards.

As a growing advisory firm committed to client success, Crestwood’s nearly 50 financial planning and investment professionals across New England strive to meet clients wherever they are in life, providing guidance, tools and financial solutions to help individuals and families succeed.

“We are beyond excited to make this distinguished national list,” said Crestwood CEO/Managing Partner Michael Eckton. “Such recognition is a testament to the hard work and dedication our team gives to our clients and our business every single day. Our goal is to use this continued success to attract quality professionals and invest in our business so that we may continue to best serve clients and be recognized among the ‘best’ RIAs in the country.”

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 Welcomes New Portfolio Manager, Wealth Advisor in Connecticut

Crestwood Advisors Welcomes New Portfolio Manager, Wealth Advisor in Connecticut

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Boutique RIA firm experiencing continued team growth in Fairfield County

Boston, Mass. (August 30, 2022) – Crestwood Advisors (“Crestwood”), a boutique investment advisory and wealth management firm based in Boston, today announced the growth of its Connecticut teams with the recent additions of Alexandra Blake and Jason Hendricks.

Alexandra Blake | Alex joins Crestwood as Director, Wealth Advisor. She brings more than 12 years of experience helping high-net-worth families develop customized asset allocations, wealth planning and strategic investment recommendations. She previously served as a Director at Next Capital Management and a Vice President at BBR Partners, where she provided investment and wealth management advice to multi-generational families. Alex has an undergraduate degree from Lehigh University and a master’s degree from Columbia University.

Jason Hendricks, CFP®, CSRIC™| Jay joins Crestwood as a Portfolio Manager. He brings over 16 years of financial experience as an advisor and portfolio manager in Connecticut. Before joining Crestwood, Jay spent 14 years as a Senior Portfolio Manager at Bank of America Private Bank, formerly U.S. Trust, where he consistently ranked among the top portfolio managers in Fairfield County for the last decade. He graduated from Vassar College with a degree in psychology and is currently pursuing his Chartered Financial Consultant® credential.

As a growing advisory firm committed to client success, our nearly 50 financial planning and investment professionals across New England strive to meet clients wherever they are in life, providing guidance, tools and financial solutions to help individuals and families succeed.

Since the start of 2021, the Crestwood team has expanded by nearly 20 percent, which has played a key role in supporting new client growth in the local market with best-in-class services guided by decades of experience, integrity and wisdom.

“We are thrilled to welcome Alex and Jay to our growing team,” said Crestwood CEO/Managing Partner Michael Eckton. “With their unique industry experiences and perspectives, we’re confident they’ll not only go above and beyond to address our clients’ financial goals but also add depth to the experiences and relationships of current clients while enabling us to comfortably absorb continued growth of new clients.”

 

Crestwood Advisors Names New Partner, Promotes Staff

Crestwood Advisors Names New Partner, Promotes Staff

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New England RIA firm committed to growth from within

Boston, Mass. (January 6, 2022) – Crestwood Advisors (“Crestwood”), a boutique investment advisory and wealth management firm based in Boston, is excited to announce newly-appointed firm Partner Leigh Hurd, CFA, as well as the promotions of three other teammates:

“Our greatest asset is our people. We’re proud to foster an environment that champions growth from within and we are committed to recognizing and rewarding our team’s talent and integrity with opportunities for advancement and self-improvement,” said Crestwood CEO/Managing Partner Michael Eckton.

Hurd joined Crestwood as a Portfolio Manager and Director in 2013. She has spent close to 20 years building relationships with individuals and families to help structure their investment portfolios to meet their life goals. She holds the Chartered Financial Analyst designation and is a member of the CFA Society Boston and the CFA Institute. She earned her bachelor’s and master’s degrees from Boston College’s School of Management.

“Crestwood is extremely pleased to share the news of Leigh’s partnership, as well as the promotions of Kayla, Peter and Brandon. Together and individually, each of our team members are willing to adapt, learn and evolve – all in the name of putting clients first through our recommendations and actions,” said John Morris, Managing Partner and Wealth Manager.

Over the past three years, the firm has doubled to a total of 42 fiduciary professionals who strive to meet clients wherever they are in life and provide guidance, tools and solutions to help them succeed. Strategic hires and opportunities for internal advancement have poised Crestwood for continued growth in years to come.

Crestwood Advisors’ Team Advancing Industry Roles, Skillsets

Crestwood Advisors’ Team Advancing Industry Roles, Skillsets

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Client advisors named director of regional committee, earn CFP® designation

Boston, Mass. (December 20, 2021) – Crestwood Advisors (“Crestwood”), a boutique investment advisory and wealth management firm based in Boston, is proud to announce the recent accomplishments of Client Advisors Kayla Holland and Tiffany So.

Holland was elected Director of the NexGen Committee within the Financial Planning Association (FPA) of New England, while So recently earned the Certified Financial Planner (CFP) designation.

The New England chapter in Massachusetts, which has the second largest NexGen chapter in the country, is dedicated to serving aspiring and early-career financial planners. An organization that prides itself on thought leadership, its members are proud to bring energy, enthusiasm and new perspectives to the forefront of the financial planning industry in an effort to ensure standards are forward-thinking and addressing ever-evolving client needs.

An esteemed credential, the CFP designation has been the standard of excellence for financial planners for 30 years. CFP professionals complete extensive training and commit to the CFP Board’s ethical standards, which require designees to put their clients’ interests first, among other things.

“We’re extremely proud to have Kayla and Tiffany on our team,” said Crestwood CEO/Managing Partner Michael Eckton. “Their contributions to the success of our clients, the firm and our communities are admirable and inspiring. We remain grateful for their talent and their efforts and look forward to the impact they’ll make at Crestwood and in our industry for years to come.”

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.

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.