Crescent Grove Advisors Promoted Andrew Krei
The wealth management firm appointed Andrew Krei as its new chief investment officer.
Updated on Sept. 21, 2026 in People
Crescent Grove Advisors has promoted Andrew Krei to the position of chief investment officer. Krei previously served the employee-owned wealth management firm as co-chief investment officer.
Why it matters
The promotion is intended to support the firm's ongoing organic growth. It also highlights the company's strategic commitment to developing leadership talent from within its existing ranks.
Crescent Grove Advisors has operated as an employee-owned firm for 11 years. The company continues to maintain its independent wealth management business model.
The players
Andrew Krei
He is the newly appointed chief investment officer at Crescent Grove Advisors.
Dave Keevins
He is the founder, managing director, and senior client adviser who remains chairman of the firm's Investment Committee.
Crescent Grove Advisors
It is an 11-year-old, employee-owned wealth management firm based in the United States.
The details
Andrew Krei moves into the chief investment officer role after previously holding the co-chief investment officer position at the firm. Dave Keevins continues to lead as founder, managing director, senior client adviser, and chairman of the Investment Committee.
Timeline
Crescent Grove Advisors announced the promotion on September 21, 2026.
Market Landscape
This appointment aligns with a broader industry shift where independent wealth management firms prioritize internal talent pipelines over external hiring. Such moves are designed to ensure cultural continuity as these businesses scale.
Clients of the firm will continue to be served under the leadership of current management, including Dave Keevins. There are no changes to existing investment accounts or firm-wide service offerings resulting from this executive transition.
The takeaway
Firms that prioritize internal promotions often aim to maintain investment stability and consistent long-term strategy for their clients. Investors should consider how leadership continuity affects the personalized service model of their wealth management partners.
Further reading
For more news on executive leadership changes, visit the People section.
Source note: This article includes information reported by Institutional Real Estate, Inc..
