A new investment management shop has opened in Palm Beach, Fla., dubbed Crest Investment Partners LLC.

The partnership is a subsidiary of Cypress Capital Group, itself a $830 million boutique trust and investment services firm.

Co-founders Massimo Santicchia and Katherine Gallagher head the new firm, which will launch equity and multi-asset products including equity mutual funds, exchange-traded funds, and alternative investment strategies, for high-net-worth and institutional investors.

Santicchia most recently served as a vice president of Standard & Poor’s Investment Advisory Services where he led the investment team and developed and co-managed equity funds.

Gallagher, too, hails from Standard & Poor’s where she served as a senior portfolio officer in the firm’s investment advisory services unit, managing multi-asset portfolios and leading the fund manager research effort.

“Crest’s unique investment strategies are built to exploit market inefficiencies through focused portfolios with distinctive characteristics, rather than attempt to mimic a benchmark or style-boxes,” stated Santicchia.

Gallagher added that: “We believe that an independent organization with employee ownership best aligns Crest with our clients. Employee ownership provides for long-term incentive and stability.”

Hung Tran writes for Money Management Executive.


Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access