Family Office

Los Angeles wealth manager expands advisory team

FWR Staff September 24, 2008

Los Angeles wealth manager expands advisory team

Bel Air taps Goldman Sachs, local law boutique to augment consulting force. Bel Air Investment Advisors has added two new advisors: Michael Miller, formerly with his own law firm, and ex-Goldman Sachs investment advisor Josh Markman. As usual for Bel Air, the two will be responsible for client prospecting as well as on-going client service in a trusted-advisor capacity.

"Michael and Josh both exemplify our high standards and core principles, and come from highly competitive backgrounds," says Bel Air's senior managing director Todd Morgan. "We are pleased to have [them] on board as part of our first-class team."

Independent perspective

Bel Air is a Los Angeles-based investment advisory to wealthy individuals, families, and foundations with $20 million or more in investable assets.

Before joining Bel Air as a managing director, Miller represented and advised high-net-worth clients on legal and business matters as the founding partner of Miller Law, a Beverly Hills, Calif.-based law boutique. Earlier in his career, he was a partner at Alschuler Grossman Stein and Kahan (now part of Bingham McCutchen. Before that, he held associate positions at Skadden Arps Slate Meagher & Flom and Willkie Farr & Gallagher.

Markman specialized in providing fixed-income, equity and alternative investments to high-net-worth families, institutions and foundations when he was at Goldman. Before joining that firm he worked at the talent agency William Morris.

"Being part of this highly regarded team, and working with some of the most notable industry veterans, is a privilege," says Bel Air v.p. Markman. "The entire firm has a distinct reputation in its dedication to client services and offers much sought after independent and sole-focused perspective."

Rockville, Md.-based multifamily office Convergent Wealth Advisors recently hired former Bel Air advisor Duncan Rolph as a managing director for business development in its Los Angeles office.

Eleven-year-old Bel Air oversees more than $5 billion in assets. -FWR

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