Crestone Announces Strategic Partnerships

Crestone is pleased to announce strategic partnerships with world leading international and domestic financial institutions: Commonwealth Bank of Australia; Credit Suisse; Northern Trust; UBS—as well as market leading technology partner Avaloq.

The announcement of Crestone’s strategic partners is another key milestone in Crestone’s progress towards being one of the leading providers of wealth management services to high net worth clients in the Australian market. These strategic partnerships will enable Crestone to offer clients wealth management advice and portfolio management solutions that are both agile and scalable, covering a wide range of asset classes both locally and internationally.

Mike Chisholm, Chief Executive Officer, Crestone said “Starting a new advisory business with the acquisition of a company with more than 75 years of wealth management experience gives us the ability to build and deliver a world-class investment experience for our clients. It was important that we selected strategic partners that support our vision and continue to evolve with us and our clients.”

Mr Chisholm adds: “Our partners were selected based on their leading market position, financial strength and specific expertise to support our offering to clients. We will have one of the most comprehensive wealth management service offerings in the market. Our partnership with Avaloq, will provide a platform for our client advisers that we believe is without equal in Australian wealth management. Securing Northern Trust as our custodian means our clients assets will be held by one of the leading global custodians.”