Crescent Grove Advisors, a wealth management firm with $5 billion in assets under management, has relocated its corporate headquarters in Lake Forest to a nearby office to support the company’s continued growth.

The new office space spans 7,020 square feet of space and is located at 100 South Saunders Road. The firm has 15 employees based locally in Lake Forest, with others on the nearly 40-person team working in offices in Milwaukee and Atlanta.

Crescent signed an eight-year lease earlier this month, moving from a previous 4,400-square-foot space at 100 N. Field Drive, which was located less than a mile away. “This move reflects our long-term vision to support Crescent Grove Advisors’ continued organic growth, a journey which began 10 years ago, positioning us to better serve our expanding team and client base for years to come,” said Adam Lieb, Chief Business Development Officer at Crescent.