Former
National Basketball Association player John Lambert has been appointed to head
upNeuberger Berman’s West Coast high net worth business, according to Dow
Jones. Based in San Francisco Lambert reports to Kenneth Rende head of the
Wealth Management division. He replaces Scott Marantz who has left the firm.

Lambert
joined Neuberger in 2008 as a senior wealth advisor, the news service reports.
His professional basketball career spanned seven years with stints at the
Cleveland Cavaliers, Kansas City Kings and the San Antonio Spurs.

A
Neuberger spokesman could not immediately be reached for comment.