Crestone Wealth Management

What Crestone Wealth Management does

Crestone Wealth Management, now operating as LGT Wealth Management Australia, is a Sydney-based private wealth advisory firm that serves ultra high net worth families, family offices, and for-purpose organisations across Australia. The firm is wholly owned by LGT, a Liechtenstein-based family-owned wealth management group with more than 100 years of global heritage in private wealth management. The Australian legal entity, LGT Wealth Management Limited (ABN 50 005 311 937), operates under Australian Financial Services Licence 231127 and is led by CEO Michael Chisholm, with Leigh Clifford as Chairman and Kevin Wan Lum as Deputy Chief Investment Officer.

The firm delivers an integrated private wealth platform built around five core service lines: Investment Advisory, Family Advisory, Alternative Investments, Philanthropy Advisory, and Sustainable Investing. Service is delivered through a network of dedicated private wealth advisers operating under a deliberately low client-to-adviser ratio, supported by a secure client portal for existing clients. The alternative investments capability is sourced through the LGT network, providing access to hedge funds, private equity, venture capital, and real assets that would typically be unavailable to a standalone Australian boutique.

The business operates on recurring fee-based revenue typical of private wealth management, most likely AUM-based and advisory fees, with no public pricing disclosure and eligibility criteria gating new client engagement. Distribution is direct and consultative: prospective clients engage through private wealth advisers via referrals and direct enquiry, with no digital self-service acquisition channel. The parent group's over half a trillion Australian dollars in assets under management provides institutional scale, buying power, and global market presence that materially strengthens the Australian franchise's competitive position.

Name

Crestone Wealth Management

Legal name

LGT Wealth Management Limited

Website

https://crestone.com.au

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

251–500 employees

Short description

Crestone Wealth Management (now LGT Wealth Management Australia) is a Sydney-based private wealth advisory firm serving ultra high net worth families, family offices, and for-purpose organisations across Australia. It is wholly owned by Liechtenstein-based LGT, a family-owned wealth management group with over 100 years of global heritage.

Ownership category

akta.pro rank

Product category

Private Wealth Management

NAICS

Portfolio Management and Investment Advice (523940), Trust, Fiduciary, and Custody Activities (523991), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282)

akta.pro primary industry

Private Banking & UHNW Wealth Advisory (FSAEABAC)

akta.pro secondary industries

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA), Family Wealth & Multi-Generational Planning RIAs (HNW/UHNW-lite) (FSAAACAH), Family Office Advisory & Outsourced CIO (OCIO) (FSAAADAC)

Keywords

• Private wealth management
• Investment advisory services
• Family office advisory
• Alternative investments
• Philanthropy advisory

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Private Wealth Management Fees: Wealth management services provided to high net worth clients, likely structured as AUM-based fees or advisory fees typical of private wealth management firms.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Crestone Wealth Management (operating as LGT Wealth Management Australia) provides private wealth advice services to high net worth and ultra high net worth families, family offices, and for purpose organisations. The company delivers integrated advisory solutions spanning investment advisory, family advisory (wealth transfer and legacy planning), alternative investments, philanthropy advisory, and sustainable investing, supported by a client portal for portfolio access.

Product overview

LGT Wealth Management Australia is a unified private wealth management platform offering integrated advisory services for high net worth and ultra high net worth families, family offices, and for purpose organisations. The core offering consists of five integrated service lines: Investment Advisory, Family Advisory, Alternative Investments, Philanthropy Advisory, and Sustainable Investing. These services are supported by a Client Portal providing digital access for existing clients. The platform is delivered through a network of dedicated investment advisers and is wholly owned by LGT, one of the largest family-owned wealth management firms globally.

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Advisory
• Family Advisory Wealth transfer and legacy planning services helping families structure and protect generational wealth through structured frameworks.
• Alternative Investments Access to hedge funds, private equity, venture capital and real assets through the LGT network, enabling portfolio diversification beyond traditional asset classes.
• Philanthropy Advisory Advisory services helping clients structure philanthropic activities to generate social and financial returns aligned with their values.
• Sustainable Investing Bespoke sustainability tools and ESG-focused investment strategies enabling clients to align investments with environmental and social considerations.
• Client Portal Secure online portal for existing clients to access and manage their wealth management accounts and portfolios.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Macquarie Private Bank: Macquarie's private banking division provides bespoke wealth management to UHNW Australian clients, competing head-on with LGT/Crestone on investment advisory, alternatives access, and family-office-style services. It is one of the most entrenched domestic private wealth platforms.
• ANZ Private Bank: ANZ Private Bank serves HNW and UHNW Australian families with investment advisory, wealth structuring, and family office services. It is a direct competitor on client segment, product breadth, and adviser-led distribution.
• Westpac Private Bank: Westpac Private Bank delivers personalised wealth management to UHNW clients across Australia, with offerings in investment advice, estate planning, and intergenerational wealth transfer, directly overlapping Crestone/LGT's service mix.
• NAB Private Wealth: NAB's private wealth division serves UHNW Australian families with investment advisory, wealth structuring, and trustee services. It is a direct peer on client segment and service lines including family advisory.
• Ord Minnett: Ord Minnett is one of Australia's largest independent private wealth managers, offering investment advisory, portfolio management, and superannuation services to HNW and UHNW clients, directly comparable on model and segment.
• Shaw and Partners: Shaw and Partners is an Australian independent wealth and investment firm providing advice, portfolio management, and private wealth services to HNW individuals, family offices, and institutions, overlapping the Crestone/LGT client base.
• Morgans Wealth: Morgans is an Australian full-service stockbroking and wealth management firm with adviser-led private wealth services to HNW clients across states, providing direct competition on investment advisory and portfolio management.
• JBWere: JBWere (part of NAB group) is a leading Australian private wealth manager focused on UHNW families, providing investment advice, wealth structuring, and philanthropy services, directly mirroring Crestone/LGT's UHNW positioning.
• Gresham Partners: Gresham Partners is an independent Australian advisory and private wealth firm serving UHNW families, family offices, and foundations with bespoke investment and strategic advice, competing most directly on segment and service depth.

Broad incumbents

• UBS Wealth Management Australia: UBS's Australian wealth management arm is part of a global private wealth franchise serving UHNW clients with investment advisory, alternatives, and cross-border services, competing on the same client segment with broader global product set.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/lgt-wealth-management-australia

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Crestone Wealth Management