Crescent Grove Advisors

Crescent Grove Advisors, LLC, established in 2015, offers integrated wealth management and family office services to high-net-worth, institutional, and retail clients. The firm, headquartered in Lake Forest, IL, with additional offices in Milwaukee, WI, and Atlanta, GA, manages approximately $4.99 billion in assets under management as of December 31, 2024. Services include family office services, financial planning, and portfolio management on a discretionary or non-discretionary basis. Investment strategies primarily involve allocating client assets among mutual funds, ETFs, independent investment managers, and alternative investments. Clients have discretion over decisions and are not obligated to act on recommendations. The firm faces conflicts of interest, which are disclosed transparently to clients. Fees are negotiable and based on assets under management, with management fees ranging from 10 to 125 basis points. Crescent Grove Advisors acts as a fiduciary and strives to ensure clients' investments align with their objectives. The firm does not engage in soft dollar arrangements and receives benefits from Fidelity for custody services. Clients receive regular account reviews, statements, and reports, and the firm does not vote on client securities. Crescent Grove Advisors maintains controls for transferring client funds and does not disclose financial information due to financial stability. Employees may serve dual roles, creating potential conflicts of interest, which the firm manages through processes and controls.