HighTower has welcomed its second team this month in the shape of the Rand Group.

The Rand Group has joined HighTower from Morgan Stanley, focused on serving small business owners in Hawaii and California.

The team manages $200 million and is dually located in Newport Beach, CA, and Maui, HI.

The team consists of managing directors and partners Paul Rand, Joel Rand and Sarah Minakary, as well as Christina Wolfe, director of client service and operations, and Karie Haider, manager of client service.

The group is HighTower’s first team in Hawaii. Earlier this month, the Florida-based Otto Group joined from SunTrust, bringing $320 million in AuM.