Morgan Stanley Wealth Unit Hires Managers to Serve Native Americans

Tom Burroughes

26 August 2008

Morgan Stanley Private Wealth Management said that it has hired a team of three managers from Lehman Brothers to serve high net worth clients in the Native American market.

The team will be based in Los Angeles and includes two investment representatives: Bernard Machlovitch and Hans Maentz, and sales associate Monica Aguilera. They will report to Todd Locicero, regional manager of the private wealth management office in Los Angeles.

Morgan Stanley Private Wealth Management, part of the New York-listed banking group, provides a range of investment and private banking services to ultra-high net worth individuals, families and related institutions in the US , Latin America, Europe, the Middle East and Asia.