Beth Grosshans’ Husband: Meet Dennis Stattman, the Former BlackRock Manager
Beth Grosshans is a well-known author, psychologist, and parenting expert who has written several books and articles on child development and family dynamics. She is also the wife of Dennis Stattman, a former BlackRock manager who retired in 2017 after 28 years of service. But who is Dennis Stattman, and what is his story? In this article, we will explore the life and career of Beth Grosshans’ husband, and how he became one of the most influential figures in the global investment industry.
Birth, Parents, and Education
Beth Grosshan’s husband, Dennis Stattman was born in 1953 in Washington, D.C. However, there is no information about his parents or siblings in the results. In 1973, he obtained a degree in commerce from the University of Virginia. In 1980, he graduated with honors from the University of Chicago, earning an MBA degree. He also holds the CFA designation.
Beginning of Career
He began his career as a consultant at McKinsey & Company, where he worked for seven years. He then joined Merrill Lynch as a portfolio manager, and in 1989, he co-founded the Global Allocation Fund, one of the first and largest diversified global asset allocation funds in the world.
In 2009, Stattman joined BlackRock, the world’s largest asset manager, as a senior portfolio manager and head of the Global Allocation team. He oversaw more than $80 billion in assets across equities, fixed income, commodities, and currencies. He was known for his long-term, value-oriented, and contrarian approach to investing, as well as his ability to adapt to changing market conditions and identify opportunities across the globe. Dennis was also a mentor and leader to many young professionals in the industry and a frequent speaker and commentator on global economic and financial issues.
Stattman retired from BlackRock in 2017, after a successful and distinguished career that spanned nearly four decades. In 2015, Morningstar honored him with several awards and recognitions, naming him one of the “Best Fund Managers of All Time.” Additionally, in 2011, Treasury & Risk magazine recognized him as one of the “Top 100 Most Influential People in Finance. He also received the Graham & Dodd Award from the CFA Institute in 1993 for his article “The Asset Allocation Decision in a Downside Risk Framework”.
Love Story of Beth Grosshans and Dennis Stattman
Beth Grosshans and Dennis Stattman first crossed paths in 1999 at a field in Princeton, New Jersey, as they were both spectating their 9-year-old children’s soccer games. They share a common background of being raised in Ohio and attending Ohio State University. They both had prosperous careers in the fields of finance and psychology and were previously divorced. Each of them also had two children. They shared a mutual love for music, art, and traveling.
Their relationship quickly blossomed, leading to them falling deeply in love. In 2001, they decided to live together and later got married in 2003. Throughout the years, they have lived in several places including Manhattan, Bucks County (Pennsylvania), and Vero Beach (Florida). They take pleasure in spending time with their children and grandchildren, participating in cultural activities, and supporting charitable causes.
Children
Beth Grosshans and Dennis Stattman each have four children from their previous marriages. Their home is a loving, caring, and close-knit environment where everyone is valued. Quality time spent together is a priority for this family, whether it be on vacations or at home. Beth and Dennis prioritize fostering meaningful connections within their family, rather than simply spending time together.
A key aspect of the family’s values is giving back to the community. The children of Beth and Dennis are taught the importance of kindness and generosity through their parents’ example. They often engage in joint community service projects and make donations to various causes related to environmental preservation, healthcare, and education.
In addition to these activities, the family also enjoys visiting museums, art galleries, and natural areas together. These outings provide opportunities for them to bond and share experiences as a family.
Family Residence
Beth Grosshans and Dennis Stattman reside in different locations. They have a house in New York City, where they participate in various charitable activities, such as environmental, health, and education groups. They also own a house in Vero Beach, Florida, where they admire the sea view and the architecture inspired by the Mediterranean. In 2019, they bought the house after being attracted by the place and the style. The family also enjoys traveling, skiing, and golfing together. They are a content and prosperous couple who have many common interests and passions.
Net Worth
Bottom Line
Dennis Stattman, Beth Grosshan’s husband, has had a successful and influential career in the global investment industry, particularly during his time at BlackRock. Alongside his wife, they have built a loving and close-knit family, emphasizing the values of quality time, meaningful connections, and giving back to the community.
