- People Moves
- October 23, 2018
Cresset names Jennifer Miara as Director of Banking and Credit Consulting for Cresset Family Office
Cresset Family Office has named Jennifer Miara as Director of Banking and Credit Consulting. Cresset Capital Management, founded by private equity entrepreneurs Eric Becker and Avy Stein, announced plans to launch Cresset Family Office in June to build upon the independent wealth management platform provided by Cresset Wealth Advisors.
Miara has worked in the financial services field for almost 20 years, delivering banking, lending, and investment services to both individual and commercial clients, with a specific focus on families of significant wealth. She has experience in credit and credit risk management, focused on structuring, negotiations, risk approval, and documentation.
In her role at Cresset, Miara will work closely with Cresset Family Office and Cresset Wealth Advisors clients to determine their specific credit and banking needs and then research the marketplace to match them with the appropriate parties for individualized lending and credit solutions.
“I am thrilled to be joining Cresset as I believe what we are building is truly differentiated in the wealth management industry,” Miara said. “I am not aware of any other firms that are offering the approach to banking and credit solutions that we are developing.”
Previously, Miara served as Director of Credit Management at Ascent Private Capital Management of U.S. Bank, where she managed the commercial and consumer lending portfolios for Ascent’s clients. Prior to that, she served as an Investment Finance and Portfolio Manager with various institutions, including more than a decade with Citi Private Bank in Chicago.
“All of us at Cresset are excited to welcome Jennifer to the team,” said Mark Foster, Senior Managing Director for Banking and Credit Consulting for Cresset Family Office. “I am confident she will provide our clients with the highly personalized credit and lending solutions they deserve.”
Miara earned a Master of Business Administration (MBA) from DePaul University with a focus in Financial Analysis, as well as a Bachelor of Business Administration (B.B.A.) from Loyola University with a double major in Finance and Operations Management. She has earned Series 6, 7, 63, and 65 securities licenses, and is a current CFP applicant. Miara is also active in philanthropy and is a member of the Make-A-Wish Foundation of Illinois, as well as the Ann and Robert H. Lurie Children’s Hospital Legacy Group. Jennifer lives in the Chicago area with her husband and two children.
Private equity entrepreneurs Eric Becker and Avy Stein founded Cresset Capital Management with a vision to reinvent wealth management and with a firm belief that clients deserve better. Within the Cresset affiliates’ suite of offerings, Cresset Wealth Advisors provides individuals and families with access to deeply personalized, comprehensive wealth management services. Cresset Partners, its private investing arm, offers clients direct, often exclusive access to real estate, private equity and secondaries investment opportunities. Most recently, Cresset announced plans to launch Cresset Family Office, offering access to a multi-family office for clients whose business is managing their wealth. Investment advisory, family office, and other services are provided through Cresset Asset Management LLC, an investment advisor registered with the U.S. Securities and Exchange Commission.