Cresta Advisors

Cresta Advisors provides portfolio management, financial consulting and retirement-plan advisory services to a mix of individuals and high‑net‑worth clients as well as trusts, estates, corporations, endowments, non‑profits and plan sponsors. The firm offers both non‑discretionary ERISA 3(21) consulting and discretionary 3(38) fiduciary services, operates a Cresta wrap‑fee program, and discloses the sale of insurance products (including indexed and variable annuities) through an affiliated insurance entity.

The firm’s investment process combines fundamental and technical analysis, Modern Portfolio Theory and targeted asset allocation, with daily monitoring of allocation models and preparation of Investment Policy Statements and participant education for retirement plans. For discretionary mandates and wrap accounts Cresta executes portfolio management and recommends custodians (Charles Schwab or Pershing); the brochure reports approximately $786 million in assets under management, with the majority managed on a discretionary basis.

Several features in the brochure distinguish Cresta from many team‑sized peers: it documents relationships with institutional clients such as endowments and public entities and notes a client footprint extending to Mexico, reflecting an unusually broad cross‑border and institutional mix for a firm of its size. The combination of sponsoring a wrap program, offering both 3(21) and 3(38) ERISA services (accepting full discretionary fiduciary responsibility for some plans), and maintaining an affiliated insurance‑sales capability are structural characteristics highlighted in the brochure that are less common among similar advisory teams.