Cresset Reveals New C-Suite Leadership Changes

By Amit Chowdhry • Aug 4, 2025

Cresset, one of the nation’s most prominent multi-family offices, has announced several key appointments to its C-suite. The changes reflect the firm’s significant growth and its strategic focus on investment leadership.

Mike Silverman has been promoted to Chief Investment Officer. Silverman, who joined Cresset in 2024 following the acquisition of CH Investment Partners, will lead the firm’s investment strategies, focusing on both public and private solutions.

Jack Ablin, the former CIO, has been elevated to Chief Investment Strategist. A founding partner of Cresset, Ablin will now concentrate on analyzing macroeconomic trends that impact the firm’s investment strategies.

Amy Hong, the current Chief Compliance Officer, will take on the additional role of Chief Operating Officer. Hong joined Cresset in 2024 with over 25 years of experience in the investment management industry, including leadership roles at JPMorgan Chase and First Republic Bank.

KEY QUOTES:

“Amy, Mike, and Jack are exceptional leaders with a long and distinguished track record of helping to lead growing financial firms. Our team and clients are incredibly fortunate to have such strong and visionary leaders serving on their behalf. These changes reflect Cresset’s growth, and we believe will further position us for long-term success.” 

Susie Cranston, President of Cresset

“I’m excited to take on this new role and will continue to work closely with Mike and the rest of the Cresset team to further accelerate Cresset’s growth and build upon our reputation as an industry-leading multi-family office.”

Jack Ablin

“I am honored to step into the role of Chief Investment Officer for Cresset. Since joining the firm last year, I’ve been impressed with the sophistication and depth of talent on the Cresset Investment Team. The creativity and innovative approach we take to bring the best investments to our clients from private and public markets sets us apart from the industry.”

Mike Silverman

“I look forward to continuing to work with the Cresset leadership team as we execute on our vision to reinvent the way our clients experience wealth.”

Amy Hong