US-based multi-family office and wealth manager Cresset has appointed Susie Cranston as its CEO, with effect from 15 April 2026.

Cranston, who has served as the firm’s president since April 2024, will also join the company’s board of directors.

Co-founders Avy Stein and Eric Becker will remain with Cresset as executive co-chairs.

They plan to stay involved in several areas including company culture, client relations, investment strategy, growth plans, mergers and acquisitions, recruitment efforts, and governance.

Since joining Cresset, Cranston has overseen daily operations alongside Stein, Becker, and other members of the executive team.

The firm noted that during this period, it has focused on supporting families with complex financial requirements and maintaining its operational approach.

Stein commented: “When Eric and I founded Cresset, our goal was to build a firm designed to serve families with care, alignment, and integrity for generations.

“Susie embodies those principles and leads with clarity, sound judgment, and deep respect for the trust families place in our firm. Formalising her role as CEO reflects the leadership she has already been demonstrating and positions Cresset well for the future.”

Cranston’s previous roles include senior positions at First Republic Bank and J.P. Morgan Chase. She also had a stint at McKinsey & Company.

Cranston said: “Cresset is a remarkable firm, entrepreneurial at its core and grounded in stewardship.

“I feel deeply grateful for the trust placed in me and for the opportunity to continue working alongside Avy, Eric, and our extraordinary team as we serve clients and build a firm designed to endure for generations.”