Key Takeaways
- • Monticello Associates, a boutique institutional consulting firm and part of Cresset, appointed Ralph Blasey as Director, Institutional Consulting, in its Washington, D.C. office, according to a PR Newswire release dated September 10, 2026.
- • Blasey brings more than a decade of institutional investment advisory and economic consulting experience, most recently as Senior Investment Director at Cambridge Associates.
- • Blasey will develop customized investment strategies for Monticello clients, which include foundations, endowments, and family offices.
- • Monticello advises on approximately $132 billion of AUA as of December 31, 2025, and is part of Cresset, which reported more than $264 billion in AUM/AUA as of July 1, 2026.
Summary
Monticello Associates, a boutique institutional consulting firm and part of Cresset, has appointed Ralph Blasey as Director, Institutional Consulting, in its Washington, D.C. office, according to a PR Newswire announcement. Blasey will focus on developing customized investment strategies for Monticello clients. Wes Hays, Managing Director, Institutional Consulting, who leads Monticello's Washington, D.C. office, said Blasey's expertise in advising sophisticated institutional investors and his analytical background make him a strong fit for the firm's clients.
Blasey brings more than a decade of experience in institutional investment advisory and economic consulting. Before joining Monticello, he was a Senior Investment Director at Cambridge Associates, where he advised colleges, universities, and foundations on portfolios spanning global public equities, venture capital, growth equity, buyouts, hedge funds, and fixed income. Earlier, he worked in research roles at Cornerstone Research, focusing on security price research, econometric analysis, and valuation work for large firms in commercial litigation and regulatory matters. He holds an MBA from the University of Virginia Darden School of Business.
Monticello Associates provides non-discretionary investment advisory services to foundations, endowments, and family offices. Founded in 1992, the firm advises on approximately $132 billion of AUA as of December 31, 2025, and is headquartered in Denver with offices in Cleveland, Boston, and Washington, D.C. Monticello formed a strategic partnership with Cresset in 2025. Cresset, a multi-family office and private investment firm, reported more than $264 billion in AUM/AUA as of July 1, 2026, including $88 billion in assets under management by Cresset Asset Management, LLC and approximately $176 billion in assets under advisement across Cresset Asset Management, Monticello Associates, and Connable Office Inc., according to the release's disclosures.
Blasey brings more than a decade of experience in institutional investment advisory and economic consulting. Before joining Monticello, he was a Senior Investment Director at Cambridge Associates, where he advised colleges, universities, and foundations on portfolios spanning global public equities, venture capital, growth equity, buyouts, hedge funds, and fixed income. Earlier, he worked in research roles at Cornerstone Research, focusing on security price research, econometric analysis, and valuation work for large firms in commercial litigation and regulatory matters. He holds an MBA from the University of Virginia Darden School of Business.
Monticello Associates provides non-discretionary investment advisory services to foundations, endowments, and family offices. Founded in 1992, the firm advises on approximately $132 billion of AUA as of December 31, 2025, and is headquartered in Denver with offices in Cleveland, Boston, and Washington, D.C. Monticello formed a strategic partnership with Cresset in 2025. Cresset, a multi-family office and private investment firm, reported more than $264 billion in AUM/AUA as of July 1, 2026, including $88 billion in assets under management by Cresset Asset Management, LLC and approximately $176 billion in assets under advisement across Cresset Asset Management, Monticello Associates, and Connable Office Inc., according to the release's disclosures.
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