Family Offices in Minneapolis

Cresset Capital is an independent, award-winning multi-family office and private wealth management firm that serves ultra-high-net-worth (UHNW) families, entrepreneurs, and executives across the United States. The firm offers a comprehensive suite of services designed to optimize wealth and life, including holistic financial planning, sophisticated investment solutions, tax and estate strategies, and trust services. Cresset aims to provide clients with the insights, access, and innovation traditionally reserved for leading single-family offices and institutions.The firm's offerings extend to private investment opportunities, encompassing private equity, real estate, and private credit. They also provide specialized services such as pre-transaction planning, liquidity and exit planning for business owners, private banking services, insurance advisory, CFO services, estate planning, philanthropic planning, family governance, education, and lifestyle solutions. Cresset emphasizes a client-first, fiduciary approach, ensuring transparency and accountability in its wealth management strategies.Cresset was founded in 2017 by private equity investors Eric Becker and Avy Stein. Their motivation stemmed from their own experiences with existing wealth management approaches, which they felt lacked the comprehensive, personalized services and access to institutional-quality private investment opportunities that UHNW individuals and families deserved. The founders envisioned creating a firm that was client and employee-owned, built to endure for over a century, and rooted in excellence, transparency, and partnership.The leadership team at Cresset includes founders Eric Becker and Avy Stein, along with key executives such as Susie Cranston (CEO effective April 15, 2026), Doug Regan (Founding Partner and Co-Chairman), Mike Silverman (Chief Investment Officer), Jack Ablin (Chief Investment Strategist), Paul Algreen (Chief Technology Officer), Michael Costabile (Chief Financial Officer), and Amy Hong (Chief Operating Officer). This team brings extensive experience in investment management, financial planning, and operational leadership, enabling Cresset to deliver sophisticated and integrated wealth management solutions to its diverse clientele.

Hunter Trust is a private, family investment office based in Minneapolis, MN, established in 2000 by Andrew M. Hunter III. The firm primarily invests on behalf of the Hunter Family, focusing on private equity, operating businesses, and search funds. They partner with entrepreneurs, business owners, and management teams to build and grow businesses over a long-term horizon, emphasizing value creation through majority buyouts and growth equity in lower-middle-market U.S. companies.The firm is sector-agnostic but has a particular interest in a diverse range of industries. Their investment focus includes healthcare services, energy, business services, niche manufacturing, value-added distribution, outsourced utility services, telecom infrastructure, and security monitoring. Hunter Trust typically seeks businesses with $1 million to $5 million of EBITDA and an enterprise value up to $25 million, often requiring a controlling stake in the companies they acquire.Hunter Trust's portfolio includes companies such as Shattuck Labs, Chronus, Warning Lites, MST Services, Circle Surrogacy, SuperSalon, and ZTrim.com. The firm's team comprises experienced professionals, including Andrew M. Hunter III as Chairman, Lacey Wismer as Managing Director, and Robert Horstman as CFO, alongside other advisors.

Spell Capital Partners, LLC is an established investment firm specializing in private equity, with a focus on acquiring controlling interests in well-managed, historically profitable industrial manufacturing businesses. The firm targets companies within the lower middle market, emphasizing sectors such as plastics, capital equipment, packaging, precision metal fabrications, and various commercial products and services. Spell Capital collaborates closely with management teams, leveraging its expertise in acquisitions and financing to foster both internal growth and expansion through add-on acquisitions.Founded in 1988 by William "Bill" Spell, the firm has accumulated over 35 years of successful private equity investment experience. Initially managing both private equity and mezzanine capital, Spell Capital's mezzanine lending and secondary-investment business was sold in the summer of 2022 and subsequently renamed NorthCoast Mezzanine as part of Mr. Spell's succession planning strategy. Currently, new control equity deals are primarily funded by the Spell Family Office, following the investment of its fifth private equity buyout fund, Spell Capital Partners Fund V.Spell Capital Partners has a track record of strategic acquisitions and divestitures. Recent activities include the acquisition of MacDonald & Owen in March 2026 and All Star Corrugated in June 2024. Notable sales include Norshield Security Products in December 2024 and Complete Packaging in March 2024. The firm's portfolio has included diverse industrial companies such as Precision Production, Atlas Wire, LLC, Diamond Graphics, Durocolour, Northwood Foods, and Patriot Armor.The firm's investment professionals are recognized for their diverse backgrounds, successful investment track records, and extensive business networks. They bring long-standing experience in investing in lower middle market companies across various economic cycles. The team, led by Founder and President Bill Spell, includes key members such as Andrea Nelson (Chief Operating Officer/CFO), Jim Rikkers (Senior Managing Director), and Harry Spell (Managing Director), among others. They are committed to open communication, timely feedback, and a flexible approach to structuring transactions to meet the needs of sellers and drive long-term value creation.