$4B Credent Sells Minority Stake to Crestline

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Credent Wealth Management, a $4 billion registered investment advisor headquartered in Auburn, Ind., has sold a minority stake to Crestline Investors, an alternative investment manager and lender. The move from Fort Worth, Texas-based Crestline adds to $50 million in debt financing it made in July 2024 to Credent. That financing helped the RIA nearly double its assets under management.  Cr ...