Cresset, a multi-family office and private investment firm, has hired Amy Hong as chief compliance officer and executive managing director.
Hong succeeds Bob Pagliuco, who is retiring after serving as Cresset’s chief compliance officer since 2018. Hong, who will serve as a member of Cresset’s management committee, is a c-suite executive with 25 years of financial services experience, most recently as managing director, asset and wealth management operations, with JPMorgan (NYSE: JPM), and before that First Republic Bank, where she was responsible for an operations team of approximately 150 employees for a wealth management business with more than $250 billion in assets under management. Hong will be based out of Cresset’s San Francisco office.