Fiduciary Response to Investment Consulting Acquisition
Anna Dunn Tabke, founder of Leita Advisory, was featured in FundFire’s coverage of the Cresset Monticello merger by Sabiq Shahidullah.
The article explores how Cresset Capital, a $70 billion multi-family office and investment manager, is expanding its institutional advisory capabilities through a merger with Monticello Associates — a boutique investment consultant specializing in non-profits and sophisticated family offices.
From the client side, Anna emphasized the governance lens fiduciaries should apply when their advisor is acquired:
“Fiduciaries need to go a layer deeper and evaluate whether the original reasons for hiring their investment advisor — be that alignment, access, service model or culture — still hold under new ownership.”
The piece highlights a broader trend: boutique institutional investment consultants and OCIOs being absorbed into larger platforms. For fiduciaries, that means preparing to evaluate whether the characteristics that mattered most in selecting an advisor remain intact after a transaction.
This is a theme Leita explored further in Your OCIO Got Acquired? Next Steps for Fiduciaries.
Read the full story in FundFire by Sabiq Shahidullah.
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