Neuberger Berman Hires Money Manager For Private Asset Management Group
NEW YORK, Jan. 9 /PRNewswire-FirstCall/ -- Neuberger Berman (NYSE: NEU) announced today that Steven C. Guggenheimer joined Neuberger Berman, LLC as a Managing Director. Mr. Guggenheimer advises assets for high net worth individuals and small to mid-sized institutions. Most recently, he was employed by Merrill Lynch as a Financial Advisor and First Vice President of Investments. "We are very pleased about Steven Guggenheimer joining Neuberger Berman," said Heidi L. Schneider, Executive Vice President of Neuberger Berman and head of the Private Asset Management Group. "Steven's experience with private clients and his focus on long-term relationships complement Neuberger Berman's commitment to outstanding customer service and investment excellence." "Neuberger Berman is a well-known, well-respected money management firm with the talent and resources essential to managing clients' assets," said Mr. Guggenheimer. "I'm very excited to be here." Neuberger Berman Inc. through its subsidiaries is an investment advisory company with $52.1 billion in assets under management, as of September 30, 2001. For more than 60 years, the firm has provided clients with a broad range of investment products, services and strategies. Neuberger Berman Inc. engages in private asset management, wealth management services, tax planning and personal and institutional trust services, mutual funds and institutional management, and professional securities services for individuals, institutions, corporations, pension funds, foundations and endowments. Its website, and this news release, can be accessed at http://www.nb.com. The firm is headquartered in New York with offices in major cities throughout the United States. Statements made in this release that look forward in time involve risks and uncertainties and are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Company's products' performance, a general downturn in the economy, competition from other companies, changes in government policy or regulation, inability of the Company to attract or retain key employees, inability of the Company to implement its operating strategy and acquisition strategy, inability of the Company to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations. MAKE YOUR OPINION COUNT - Click Here http://tbutton.prnewswire.com/prn/11690X46695337
SOURCE Neuberger Berman
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