Longtime DLA Piper Partner Becomes First General Counsel of Chicago Wealth Management Firm
Cresset Capital Management has tapped longtime partner at DLA Piper Bill Rudnick to be general counsel.
February 05, 2019 at 03:29 PM
2 minute read
Bill Rudnick, general counsel of Cresset Capital Management.
A Chicago-based wealth management company announced Tuesday that a longtime partner at DLA Piper has been made the company's first general counsel.
Cresset Capital Management has tapped Bill Rudnick to be general counsel. A spokesperson said Rudnick started his role with the company Feb. 1.
Rudnick did not immediately respond to request for comment beyond the press release.
“It is a privilege to be partnering with Cresset's entrepreneurial team to build a truly differentiated wealth management, multi-family office and private investing platform,” Rudnick said in the press release. “I am also pleased to maintain my relationship with DLA Piper, which has been an important piece of my life and family legacy.”
Rudnick graduated from Northwestern University Pritzker School of Law in 1989 and since then has worked at DLA Piper, according to his Linkedin profile. At DLA Piper, he has served as the managing partner of the Chicago office and as the leader of the firm's strategic planning and real estate strategy committees. He will continue to serve at DLA Piper as senior counsel.
“Bill has been a critical part of the fabric and heritage of our Chicago office for many years, so it is with a mixture of sadness and pride that we wish him all the best in this new endeavor,” Rick Chesley, co-managing partner of DLA Piper's Chicago office, said in the press release. “We look forward to not only working with him in his new role as senior counsel at the firm, but with our friends at Cresset.”
Cresset co-founder, Eric Becker, said he looks forward to having Rudnick join the team.
“When Cresset was founded, we had a simple yet powerful vision: to reinvent the way people experience wealth by expanding access to a proven ecosystem of ideas, solutions and talent,” Becker said in the press release. “Bill has played a critical role in helping Cresset achieve that vision since our beginning, and we are thrilled to have him formally join our independent, employee- and client-owned firm.”
Cresset is a wealth management company which, in 2018, surpassed $3 billion in assets under management, according to the press release.
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