Eric Becker: How Tragedy Changed Cresset’s Co-Founder

“This is a powerful piece that includes Eric’s personal story and professional background, as well as the impetus that led us to establish Cresset. We are incredibly grateful that Eric was willing to share his personal story, which provides more insight into our core values and priorities as a firm. There is nothing more important to us than family – yours and ours.” Avy Stein, Cresset Co-Founder

Barron's Q&A with Eric Becker

BARRON’S, by Steve Garmhausen May 20, 2022

Having a successful career in finance can make one feel privileged and powerful. But the death of his 21-year-old daughter 10 years ago taught Eric Becker, the co-founder and co-chairman of Cresset Asset Management, that personal tragedy can strike anyone. “It was a kind of crushing, bone-breaking disappointment that no parent should ever have to experience,” he says.

Speaking with Barron’s Advisor, Becker, a former private-equity entrepreneur whose current multi-family office business manages $23 billion of client assets, explains how the loss changed the direction of his life. He reveals why Cresset doesn’t have private-equity backing even though it was founded by two private-equity veterans, invests heavily in private opportunities, and serves a number of private-equity executives. And he explains why it was so important to connect his clients with the likes of Mark Cuban, Ray Dalio, and Walter Isaacson…


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About Cresset

Cresset is an independent, award-winning multi-family office and private investment firm with more than $45 billion in assets under management (as of 04/01/2024). Cresset serves the unique needs of entrepreneurs, CEO founders, wealth creators, executives, and partners, as well as high-net-worth and multi-generational families. Our goal is to deliver a new paradigm for wealth management, giving you time to pursue what matters to you most.

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