Crescent Grove Advisors Elevates Andrew Krei to Chief Investment Officer to Lead Ongoing Growth & Evolution in Firm’s Second Decade
Crescent Grove Advisors, an employee-owned boutique wealth management firm serving ultra-high-net-worth individuals, families, institutions, foundations, and endowments, has promoted Andrew Krei, CFA, to Chief Investment Officer. The move marks a significant milestone in the firm’s second decade and underscores its long-standing commitment to cultivating leadership and investment expertise from within.
In his new role, Krei will guide Crescent Grove’s investment philosophy and lead the investment team, with responsibility for portfolio construction, asset allocation, and investment research. He previously served as Co-Chief Investment Officer and has been instrumental in shaping the firm’s investment outlook and communicating perspectives on markets and the economy.
As part of the firm’s leadership evolution, Founder, Managing Director, and Senior Client Advisor Dave Keevins, MBA, will serve as Chairman of the Crescent Grove Investment Committee while continuing in his client-facing and leadership roles. He will remain actively involved in investment oversight and strategic guidance.
“Our growth has always come from building talent internally—investing in our people, expanding capabilities, and creating opportunities to lead,” said Gregg George, J.D., LL.M., Founder, Managing Director, and Senior Client Advisor. “Andrew’s promotion reflects the strength of our investment platform and our commitment to preserving the culture, collaboration, and client focus that define Crescent Grove.”
“I’m grateful for the trust the firm has placed in me,” said Andrew Krei, CFA. “Since our founding, we’ve aimed to deliver a best-in-class, open-architecture investment platform. Maintaining that standard is essential as we help clients navigate growing complexity in both their wealth and the broader marketplace.”
Krei has been a frequent contributor to financial media, offering insights on market trends, monetary policy, and global asset allocation. Before joining Crescent Grove Advisors, he led investment research at Cedar Street Advisors, supporting manager due diligence and portfolio construction. He holds a BA from the University of California, Los Angeles, and is a member of the CFA Society in Milwaukee.
“I’m incredibly proud to see Andrew step into the CIO role,” said Dave Keevins, MBA. “We’ve worked together for nearly two decades, and now is the right time for him to manage the day-to-day operations of the Investment Committee while I focus on oversight and strategic direction. Crescent Grove is well-positioned in our second decade to deepen our investment in both our people and our clients.”
Keevins specializes in comprehensive investment and financial planning for business owners and senior executives, emphasizing disciplined processes to grow, protect, and manage wealth. Prior to co-founding Crescent Grove, he worked with and mentored Krei at Cedar Street Advisors. Earlier in his career, he served as a Senior Partner at a Goldman Sachs subsidiary, advising C-suite executives on personal finance matters.
The elevation of Krei to CIO is the latest step in Crescent Grove’s broader organic growth strategy. The firm has prioritized building capabilities from within—developing professionals, expanding specialized expertise, and enhancing infrastructure—to meet increasingly sophisticated client needs. This approach has broadened the firm’s holistic wealth and investment resources while preserving the personalized, family-centric model at its core.
About Crescent Grove Advisors
Crescent Grove Advisors is an employee-owned boutique wealth management firm serving ultra-high-net-worth individuals and families, as well as institutions, foundations, and endowments. The firm forges deep, multi-generational relationships and acts as a holistic steward of clients’ financial lives. Its team brings extensive expertise across investment selection and allocation, tax planning and preparation, compensation and benefits reviews, estate and trust planning, philanthropic guidance, insurance reviews, and multi-generational education.
Advisors at Crescent Grove partner closely with clients and their external professionals to set strategy, coordinate execution, and respond proactively as needs evolve. Based in Lake Forest, Illinois, with additional offices in Milwaukee and Atlanta, Crescent Grove Advisors oversees more than $5 billion in assets under management.
