- People Moves
- January 30, 2019
Cresset hires Whitney Webb as Director of Family Wealth Education
Webb is the founder of Launch Generation, an innovative program that supports financial literacy, leadership and entrepreneurship in teens
Chicago – January 30, 2019 — Cresset announced today that it has hired Whitney Webb as Director of Family Wealth Education. In her role, Webb will lead the development of family wealth education initiatives, which will include curriculum and programming around topics such as financial literacy, multi-generational engagement, leadership development, and money and relationships.
“I am thrilled to be joining the amazingly talented team at Cresset and to contribute to their mission of continuously improving the way people experience wealth,” Webb said. “Helping families learn together and bond around a shared vision for their resources has been a passion of mine throughout my career, and I couldn’t be happier to bring that expertise to Cresset,”
Webb recently served as Director of Operations for Independent Means, educating and preparing families for the responsibilities and challenges of wealth transfer.
Webb is also the founder of Launch Generation, a leading summer program for teenagers that is focused on financial literacy, leadership, and entrepreneurship. Designed for teens ages 14-18, Launch Generation is structured as a hybrid of a conference and a summer camp and introduces the skills teens need to think like, and eventually be, entrepreneurs. Launch Generation is offering two camps in 2019, one in San Diego and the other in Cambridge, UK.
Prior to her work in financial education, Webb served as a Kiva Fellow in Kigali, Rwanda, where she worked to strengthen partnerships and increase the reach of microfinance through employee training and industry research. She began her career with Porter Orlin hedge fund in New York City, where she performed investment research for the managing director.
Webb is the co-chair of the Nexus Working Group on Family Prosperity, a board member of Youth Interactive, which provides entrepreneurial and financial education for at-risk teens, and an advisor for the Ruth and Hal Launders Charitable Trust. She graduated from the University of Florida with a Bachelor of Arts in Business Administration.
“Whitney is a fantastic addition to the Cresset team who truly understands and appreciates our vision as a firm that was built by clients, for clients,” said Jill Shipley, Cresset’s Senior Managing Director of Family Culture, Impact and Governance. “We are excited to share her expertise with our client families to help them achieve the impact they want to have with their wealth.”
Private equity entrepreneurs Eric Becker and Avy Stein founded Cresset with a vision to reinvent wealth management and with a firm belief that clients deserve better. Cresset offers individuals and families access to a comprehensive suite of family office services, deeply personalized wealth management, investment advisory, planning and other services through Cresset Asset Management, an SEC registered Investment Advisor, which in 2018 surpassed $3 billion in assets under management. Cresset Partners, our private investing group, offers clients direct access to real estate, private equity and other investment opportunities. Alongside Diversified Real Estate Capital, which was founded and is led by Larry Levy, Cresset Partners launched the Cresset-Diversified QOZ Fund, which will invest in Qualified Opportunity Zones across the United States with the goal of creating positive and measurable social impact and the potential for risk-adjusted, tax-advantaged returns.* Since Cresset’s inception in 2017, the firm has recruited more than 80 team members across six offices.
*The contents hereof are not to be used as the basis for making any investment decision and are not a recommendation of, or solicitation for, the subscription, purchase or sale of any security, including the fund mentioned herein.