SOURCE: Crest Investment Partners, LLC.

Crest Investment Partners, LLC.

March 05, 2012 10:50 ET

Massimo Santicchia and Katherine Gallagher, Formerly of a Major New York-Based Investment Advisory, Collaborate to Form Crest Investment Partners LLC in Palm Beach, Florida

PALM BEACH, FL--(Marketwire - Mar 5, 2012) - Cypress Capital Group (CCG) announced today that portfolio managers Massimo Santicchia and Katherine Gallagher joined Cypress Capital Group to become principal co-founders of Crest Investment Partners LLC, a newly-formed subsidiary of CCG. Crest is a boutique equity and multi-asset portfolio management firm. Massimo Santicchia and Katherine Gallagher collectively, bring nearly three decades of global institutional investment expertise advising on multi-billion dollar investment programs, and worked together at Standard & Poor's (S&P) Investment Advisory Services LLC, for over five years.

Massimo Santicchia is co-founder and portfolio manager of Crest Investment Partners and Chief Investment Officer of Cypress Capital Group, managing innovative equity portfolios and directing research and investment strategy across both entities.

Katherine Gallagher is co-founder and portfolio manager of Crest Investment Partners. Gallagher designs and manages multi-asset portfolios that combine Crest equity strategies with mutual funds, ETFs, and alternative investment strategies.

Crest Investment Partners, LLC aims to be an emerging leader in the South Florida financial community, focusing on both high-net-worth and institutional investors by providing unique investment and advisory solutions. This independent, boutique investment firm will offer clients the opportunity to engage with a talented team that is committed to investment excellence by placing client needs first. At Crest, Santicchia and Gallagher will create and manage institutional-quality investments and innovative products through an open-architecture approach that combines ETFs, third-party funds and proprietary equity strategies. All of Crest's investment services emphasize transparency, efficient cost structure, and risk management.

Massimo Santicchia commented on the firm's investment strategies, "Crest's unique investment strategies are built to exploit market inefficiencies through focused portfolios with distinctive characteristics, rather than attempt to mimic a benchmark or style-boxes."

Gallagher added, "We believe that an independent organization with employee ownership best aligns Crest with our clients. Employee ownership provides for long-term incentive and stability."

Mr. Santicchia has 16 years of experience, most recently as Vice President of Standard & Poor's (S&P) Investment Advisory Services where he led the investment team and developed and co-managed top-decile Morningstar-ranked equity funds. Mr. Santicchia's prior positions include being a consultant with the investment banking divisions of both Goldman Sachs and Credit Suisse First Boston, and an international equity analyst at Nicholas-Applegate Capital Management.

Ms. Gallagher brings 12 years of investment expertise. Most recently she held a Senior Portfolio Officer position at Standard & Poor's (S&P) Investment Advisory Services where she managed multi-asset portfolios and led the fund manager research effort.

Crest Investment Partners, LLC is proud to bring global institutional investment expertise and accessibility to its local Palm Beach clientele. This fusion is rare in the South Florida investment community where many investors' needs are often overlooked or bundled into market trends, rather than a transparent customized approach to each investor's needs.

Crest Investment Partners, LLC, a subsidiary of Cypress Capital Group, is a SEC registered investment advisor. This boutique investment management firm provides clients with institutional-quality investments and customized portfolios to meet investors' demand. Crest offers two main product types: equity strategies and multi-asset portfolios including mutual funds, ETFs, and alternative investments. Crest is headquartered in Palm Beach, Florida.

Crest's parent company, Cypress Capital Group has approximately $830 million in assets under management as of December 31, 2011. Cypress Capital Group concentrates on customized trust and investment services through a subsidiary, Cypress Trust Company. Founded in 1996, Cypress Trust Company's clients include high-net-worth individuals, endowments, foundations and charities. Cypress Trust Company is also headquartered in Palm Beach, Florida.

Contact Information