This is the firm's fifth operation across the US.

Cresset Wealth Advisors, part of the US group that recently launched a family office business, has opened a new office in Seattle to serve the Pacific Northwest region. This is the firm’s fifth office: it also has offices in Chicago, Florida, San Francisco and Denver.

Joining the office are Paul Meyer, Jaimi Dennehy, and Chris Kalafatis, who each serve as a partner and managing director.

Cresset will offer investment advisory, planning and family office services. Also, Cresset offers direct access to an array of private investment opportunities in real estate, private companies, and private equity secondaries.

Meyer was formerly a senior banker and executive director with JP Morgan’s private bank. Dennehy was an investor with JP Morgan’s private bank, and Kalafatis was an executive director at JP Morgan’s private bank.

“We are excited to work with these accomplished leaders to support Cresset’s vision to provide our clients with the comprehensive, highly personalized approach to wealth management they deserve,” said Eric Becker, Cresset founder and co-chairman. “Their talent, experience and entrepreneurial mindset will serve Cresset's clients extremely well in the Pacific Northwest.”

The wealth management business is part of Cresset Capital Management. In June, the organization launched Cresset Family Office, led by industry luminary Michael Cole.