Among the president's areas of activity is that of being an active champion and advocate for women in financial services.

Cresset, the US wealth management group, has appointed Liz Nesvold as president.

In this newly-created role, Nesvold will oversee the firm’s strategy and offerings. She will work alongside co-founders Eric Becker and Avy Stein. 

Nesvold is a founder CEO herself, having launched and built investment bank Silver Lane Advisors with several partners, including her husband, Peter Nesvold.

Under her leadership, Silver Lane became a widely recognized top RIA M&A firm, which she sold to a Fortune 500 company in 2019. 

“Liz's role as president is the culmination of her 30 years of advising and building her own successful advisory business – experience that we will benefit from and will help Cresset enhance our fully-integrated approach,” Stein said. “Liz is one of the most respected and recognized advisors in the wealth management industry and has led the strategy around transformational partnerships and business combinations.”

Nesvold has been an active champion and advocate for women in financial services throughout her career and is a member of CHIEF, 100 Women in Finance, and Young Presidents Organization. Additionally, she serves as the independent director on the board of ClientWise, which she recapitalized with Northwestern Mutual Future Ventures Fund. She has a bachelor of arts from Binghamton University and an MBA in finance from Fordham Gabelli School of Business.

As at January 30, 2023, Cresset had $30 billion in assets under management. It serves entrepreneurs, CEO founders, wealth creators, executives, and partners, as well as high net worth and multi-generational families.