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Doug Raetz

Co-President for the Sports & Entertainment division of Cresset

Doug Raetz is the Co-President for the Sports & Entertainment division of Cresset, a role he assumed as part of the TRUE Cresset Sports + Entertainment division within Cresset Asset Management. He has over 25 years of experience in the financial services industry, specializing in wealth management for professional athletes, entertainers, and entrepreneurs.

Background and Experience

  • Education: Doug Raetz holds a Bachelor of Science in Finance and Strategic Analysis from Boston College.1
  • Professional Career: Before joining Cresset, Raetz co-founded TRUE Capital Management in 2006 (though it was initially mentioned as 2007 in some sources), where he served as CEO. Under his leadership, TRUE grew into a $2 billion wealth management firm focused on high-profile clients across sports and entertainment.2
  • Previous Roles: He has held positions as Vice President at Citigroup Global Markets and Financial Advisor at Prudential Securities.1

Achievements and Current Role

  • Cresset Merger: In 2023, Cresset merged with TRUE Capital Management, expanding Cresset's presence in the sports and entertainment industry. This merger created a multi-family office with nearly $33 billion in assets under management.23
  • Leadership Style: Raetz is known for his expertise in creating tailored investment strategies and fostering successful partnerships. He emphasizes financial literacy and responsibility for his clients.3
  • Mentorship and Advisory Roles: Beyond his executive position, Doug mentors entrepreneurial companies on corporate strategy and financial management. He also sits on advisory boards such as the Positive Coaching Alliance and Proto.4

LinkedIn Profile

Doug Raetz's LinkedIn profile highlights his role as Co-President at TRUE Cresset | Sports + Entertainment, a division of Cresset Asset Management. However, the specific LinkedIn username provided in the query does not match the publicly available information about his profile.1

Highlights

May 10 · Barron's
Cresset Merges With True Capital, Advisor to Albert Pujols, Marshawn Lynch - Barron's
Cresset Merges With True Capital, Advisor to Albert Pujols, Marshawn Lynch - Barron's
May 9 · PR Newswire
Cresset Merges with TRUE Capital Management, Establishes ... - PR Newswire
Cresset Merges with TRUE Capital Management, Establishes ... - PR Newswire

Related Questions

What are some notable clients Doug Raetz has worked with at TRUE Capital Management?
How did Doug Raetz's role at Citigroup Global Markets prepare him for his current position?
What specific strategies does Doug Raetz use to create tailored investment plans for athletes and entertainers?
How has the merger with Cresset impacted TRUE Capital Management's services and client base?
What are some examples of successful partnerships Doug Raetz has fostered in the sports and entertainment industry?
Doug Raetz
Doug Raetz, photo 1
Doug Raetz, photo 2
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Location

Manhattan Beach, California, United States