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Cresset Asset Management acquires Evanston Advisors

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Cresset Asset Management acquires Evanston Advisors

Chicago-based Cresset Asset Management LLC acquired Evanston Advisors, an investment adviser with more than $500 million in client assets under management.

Evanston Advisors' 11 team members have joined the Cresset team.

Following the acquisition, Cresset has nearly $4 billion in assets under management.