Cincinnati shuffle: Mark Man jumps from Reds to MSSB

When it comes to providing financial advice to athletes, Morgan Stanley Smith Barney is relying on a little inside baseball to gain an edge in this ultra-competitive sector of the wealth management market.
NOV 17, 2009
When it comes to providing financial advice to athletes, Morgan Stanley Smith Barney is relying on a little inside baseball to gain an edge in this ultra-competitive sector of the wealth management market. The head athletic trainer with the Cincinnati Reds, Mark Mann, is leaving his job to join Morgan Stanley Smith Barney as a financial adviser. Mr. Mann, who's been the head trainer with the Reds since 2003, will train as a financial adviser for three years and get his license. He'll then work with Morgan Stanley clients who are current and former Major League players, according to an article on the Major League Baseball website. “They felt like I was a very good conduit to future business,” Mann told MLB.com “They brought me here because of my relationships in baseball.” Mr. Mann said the move will allow him to spend more time with his wife and two sons. He will remain with the Reds to help with the off-season transition through the end of this year, the article noted. A spokeswoman for Morgan Stanley confirmed that Mr. Mann will join one of Morgan Stanley's regional offices in Cincinnati, and said that the training period is 36 months, but would not comment further. Mr. Mann was not immediately available for an interview.

Latest News

LPL building out alts, banking services to chase wirehouse advisors, new CEO says
LPL building out alts, banking services to chase wirehouse advisors, new CEO says

New chief executive Rich Steinmeier replaced Dan Arnold on October 1.

Franklin Templeton CEO vows to "do what's right" amid record outflows
Franklin Templeton CEO vows to "do what's right" amid record outflows

The global firm is navigating a crisis of confidence as an SEC and DOJ probe into its Western Asset Management business sparked a historic $37B exodus.

For asset managers, easy experience is key to winning advisors' businesses
For asset managers, easy experience is key to winning advisors' businesses

Beyond returns, asset managers have to elevate their relationship with digital applications and a multichannel strategy, says JD Power.

Why retaining HNW clients ultimately comes down to one basic thing
Why retaining HNW clients ultimately comes down to one basic thing

New survey finds varied levels of loyalty to advisors by generation.

Stocks drop as investors digest Microsoft, Meta earnings
Stocks drop as investors digest Microsoft, Meta earnings

Busy day for results, key data give markets concerns.

SPONSORED Out with the old and in with the new: a 50% private markets portfolio

A great man died recently, but this did not make headlines. In fact, it barely even made the news. Maybe it’s because many have already mourned the departure of his greatest legacy: the 60/40 portfolio.

SPONSORED Destiny Wealth Partners: RIA Team of the Year shares keys to success

Discover the award-winning strategies behind Destiny Wealth Partners' client-centric approach.