News Summary

• Credent Wealth Management, a $4 billion registered investment advisor, has sold a minority stake to Crestline Investors.
• 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.Crestline, which has about $20 billion in AUM, will continue to support recruiting and acquisition efforts for the firm.
• The funding will also go toward technology and platform investments.