Cresset Asset Management LLC in Chicago, has named partner and senior managing director Barbara Young a co-head of Family Office Services, serving alongside Bill Rudnick, the company recently announced.

Young is an experienced leader and industry veteran in the field of private wealth management. Before joining Cresset, she was chief executive officer, chief investment officer and founding principal of Cypress Wealth Advisors, which Cresset acquired last year. Prior to leading Cypress, Young was the founding president and CEO of Springcreek Corp., a wealth advisory firm that provided family office services to high-net-worth families.

Young earned a bachelor’s degree in sociology and psychology from the University of California, Santa Barbara; a Master of Arts in spiritual psychology from the University of Santa Monica; and an M.B.A. degree from St. Mary’s College of California.

Founded in 2017 by private equity entrepreneurs Eric Becker and Avy Stein, Cresset Asset Management is a fee-only registered investment advisory serving individuals, families, and institutional clients.