People Moves

Cresset Appoints Senior Trio For Southeast Region

Tom Burroughes Group Editor 4 March 2020

Cresset Appoints Senior Trio For Southeast Region

The wealth management house, formed three years ago, has expanded rapidly over that period.

Cresset, the US wealth management group, has added three financial advisors to serve the Atlanta region. 

The joiners, who come from Wilmington Trust, are Jack Sawyer, JD, Michael Mohr and Todd Tautfest. The team will be based in Atlanta and will serve local clientele in addition to clients across the country, Cresset said in a statement yesterday. 

Sawyer, named as a managing director, most recently served as Southeast region president for Wilmington Trust and was responsible for leading wealth advisory services in Georgia, including planning, trusts, investment management, family office and private banking services. He has  extensive experience in charitable planning, trusts, estates, and private foundations, and is also a fiduciary attorney. He serves on the boards of directors for several organizations, including Andee’s Army, Nsoro Foundation, High Museum of Art, and the Georgia Museum of Art. 

Mohr has also been made an MD. He previously held the same title in the Southeast region for Wilmington Trust, where he was responsible for leading investment advisory services for high net worth clients and managed the firm’s advisors in Georgia. He has more than 25 years of experience in portfolio management and is a CFA charter holder and member of the CFA Institute. He is also a member of the Finance Council of the Roman Catholic Archdiocese of Atlanta, where he chairs the investment committee.

Tautfest, who is the third MD to be appointed by Cresset, was also an MD in Wilmington’s Southeast region. He worked with high net worth clients, business owners, foundations, and endowments.

Tautfest has nearly 30 years of experience in wealth management. In addition to being a member of the Atlanta Estate Planning Council, he is a board member of The NAMES Project Foundation, which is the custodian of The AIDS Memorial Quilt, and Open Hand. He is a past board member of the Atlanta Botanical Garden and the Museum of Contemporary Art of Georgia. 

Since its founding less than three years ago, Cresset now has more than $6 billion in assets under management and seven offices across the US. The business was created by private equity entrepreneurs Eric Becker and Avy Stein.

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