Key Takeaways
- Dheeraj Soni appointed Chief Technology Officer of Cresset, bringing nearly three decades of leadership in wealth‑management‑focused technology and trading.
- Prior roles include CTO at J.P. Morgan Advisors and Head of Wealth Management Technology at First Republic Bank, where he helped grow assets from $35 B to over $350 B.
- As CTO, Soni will oversee Cresset’s technology strategy, infrastructure, trading platform, and cybersecurity, aiming to build scalable, secure, and innovative solutions.
- He holds an MBA, Wharton executive leadership credentials, multiple FINRA registrations, and is actively involved in community service as a Boy Scouts troop chair.
- Cresset describes itself as a client‑owned, multi‑family office dedicated to optimizing wealth and life for long‑term success, recognized by Barron’s and Forbes.
Announcement of New CTO
Cresset announced on July 14, 2026 that Dheeraj Soni has been named Chief Technology Officer (CTO). The press release, disseminated via PRNewswire, highlighted Soni’s extensive background in financial‑services technology and his most recent role as Managing Director and Head of Trading at Cresset. The appointment underscores the firm’s commitment to strengthening its technological capabilities to better serve clients. Soni’s elevation to C‑suite leadership reflects confidence in his ability to drive innovation while maintaining operational excellence across the organization.
Professional Background Overview
Soni possesses nearly 30 years of progressive leadership experience spanning wealth management, private banking, prime brokerage, asset management, institutional trading, and investment banking. This breadth equips him with a holistic view of the financial ecosystem, enabling him to align technology initiatives with business objectives across multiple asset classes and client segments. His career trajectory demonstrates a pattern of ascending responsibility, consistently delivering modernization and growth‑focused outcomes in complex, regulated environments.
Expertise in Wealth Management and Private Banking
Throughout his career, Soni has concentrated on the technology needs of wealth‑management and private‑banking businesses. He has designed and implemented platforms that support advisory services, portfolio construction, and client reporting, always emphasizing security, scalability, and user experience. His deep familiarity with the regulatory landscape governing these segments allows him to anticipate compliance requirements and embed them into technology roadmaps from the outset.
Leadership at J.P. Morgan Advisors
Before joining Cresset, Soni served as Chief Technology Officer of J.P. Morgan Advisors, where he directed enterprise‑wide trading modernization and platform integration projects. In this role, he coordinated cross‑functional teams to replace legacy systems with resilient, cloud‑native solutions that improved trade execution speed and reduced operational risk. His leadership helped the firm achieve greater straight‑through processing rates and positioned it to adapt swiftly to evolving market structures.
Tenure at First Republic Bank
Earlier, Soni spent more than a decade as Head of Wealth Management Technology at First Republic Bank. During his tenure, he architected and deployed end‑to‑end wealth‑management platforms that underpinned the firm’s remarkable growth from $35 billion to over $350 billion in assets under management. His initiatives included unified client‑view dashboards, automated rebalancing tools, and enhanced cybersecurity controls, all of which contributed to improved client satisfaction and operational efficiency.
Responsibilities as Cresset CTO
As Cresset’s CTO, Soni leads the technology organization and is charged with advancing the firm’s technology strategy and infrastructure. His purview encompasses the trading platform, cybersecurity framework, and overall execution capabilities. He aims to build scalable, secure, and technology‑driven infrastructures that support Cresset’s multi‑family‑office model while enabling rapid innovation in response to client needs and market dynamics.
Soni’s Vision and Quote
Soni expressed enthusiasm about his new role, stating, “I am honored to lead such an incredible team and further solidify Cresset’s reputation as an innovative technology leader in the wealth management space. A secure, scalable, and innovative technology platform is key to our success and allows us to provide our clients with the high level of service and bespoke solutions they’ve come to know from Cresset. I look forward to building on the foundation as we continue to grow.” His remarks highlight a focus on platform reliability, client‑centric service, and sustained expansion.
Endorsement from Cresset CEO
Cresset CEO Susie Cranston praised Soni’s appointment, remarking, “Soni is an incredible technology leader who has dedicated his career to creating technology and trading organizations that seamlessly balance innovation and operational excellence. He is exactly the type of leader our clients and team expect and deserve.” This endorsement underscores the confidence that senior leadership places in Soni’s ability to deliver both cutting‑edge technology and steadfast operational discipline.
Education, Certifications, and Professional Credentials
Soni holds an MBA in finance and completed an executive leadership degree from the Wharton School of Business. He maintains multiple FINRA registrations, including Series 7, 24, 63, and 99, reflecting his qualifications to engage in securities trading, supervision, and advisory activities. These academic and regulatory credentials complement his hands‑on experience, providing a robust foundation for strategic technology decision‑making in a heavily regulated industry.
Community Involvement and Personal Life
Beyond his professional achievements, Soni is deeply engaged in his community, serving as Chair of his local Boy Scouts troop. He resides in the San Francisco Bay area with his wife and is the proud father of twin sons. His commitment to mentorship and youth development mirrors the leadership qualities he brings to Cresset, emphasizing service, integrity, and long‑term relationship building.
About Cresset
Cresset is a firm built by clients, for clients. As an independent, award‑winning* multi‑family office and private investment firm, it reimagines the way wealth is experienced. Its purpose is to help ensure that both wealth and life are fully optimized**—integrated, intentional, and aligned with each client’s vision of success. Cresset provides access to the caliber of talent, ideas, and investment opportunities typically available to the largest single‑family offices and institutions, employing a personalized, entrepreneurial, and client‑first approach. Proudly owned by its clients and employees, Cresset was built to endure, aspiring to be a 100+‑year firm focused on delivering an exceptional experience for the families it serves and the team that serves them. Recognized by Barron’s and Forbes among the nation’s top multi‑family offices, Cresset is guided by long‑term relationships, shared success, and a belief that wealth should serve a life well lived.
Disclosures and Contact Information
*Disclosures related to awards, recognitions, and rankings are available here. **Wealth Optimized, Life Elevated refers to the firm’s philosophy and process in providing advisory and planning services and is not intended to convey a guarantee of results. Cresset refers to Cresset Capital Management, LLC and its respective direct and indirect subsidiaries and controlled affiliates. For a full list of Cresset subsidiaries and controlled affiliates, please see cressetcapital.com/disclosures. Media inquiries may be directed to Michael Walsh at [email protected].
Word count: approximately 1,020 words.