Transaction Details

The Connable Office, founded in 1890 in Kalamazoo, Michigan, is one of the oldest multi-family offices in the United States, organized as a private trust company and specializing in services for high-net-worth and ultra-high-net-worth families. The firm has served clients for more than 130 years, including seven generations of its founding family, and is led by four partners: CEO James Melvin, COO Loyal Eldridge III, CIO Kenneth Larason, and Chief Fiduciary Officer Bradley Weller.

Cresset Asset Management, headquartered in Chicago, Illinois, provides wealth management, multi-family office, and endowment and institutional services. With the addition of The Connable Office, the combined firm oversees approximately $52 billion in assets and will expand its in-house trust administration capabilities.