Deutsche Takes Morgan Stanley Exec to Head Southern US Push

Matt Smith

15 November 2007

Deutsche Bank’s US Private Client Services business in the US poached a Morgan Stanley wealth management executive to head the firm’s Southern region. Cynthia Norville joined the firm’s private client services business, Deutsche Bank Alex Brown, as a managing director, replacing Don Milich, who returned to the role of client advisor after holding the regional executive position for the past nine-years, the firm said. The Southern region of Deutsche Bank Alex Brown is comprised of US states including Georgia, Tennessee, Alabama, North Carolina and South Carolina. Ms Norville will be responsible for expanding the firm’s operations and cultivating relationships with high net worth individuals and families. She will report to Michael Burke, managing director and head of US Private Client Services, and will be based in Atlanta. Ms Norville was with Morgan Stanley for 21 years, according to a Deutsche statement, where she held a variety of positions in Memphis, Winston-Salem and Atlanta including most recently, as a senior vice president and branch manager for the Southern Ohio Complex. Alex Brown is a division of Deutsche Bank's Private Wealth Management business and has branch offices in 14 cities across the US but does not disclose the amount of client assets it manages.