Demoff, a sports attorney who has represented star football, basketball and tennis players, will join Neuberger Bermans Private Asset Management Sports Group in February after leaving Mitchell, Silberberg & Knupp, LLP. Demoff will actively recruit new clients and market Neubergers wealth products and services, a company representative said. The firms money management talent "will be highly attractive," to his existing clients, Demoff said, in a statement.
Neuberger Bermans Sports Group was formed in 1999 and provides athletes, their agents and managers discretionary money management in customized portfolios as well as tax, estate and retirement planning. A company representative declined to comment on how many clients the company has or its assets under management.
Demoff makes the third managing director Neuberger has added this month. The other new hires include Steven Brown and Elizabeth Reagan who will head up the firms institutional real estate securities efforts and the sales and marketing of REITs, respectively. Both Brown and Reagan formerly worked for
As of Sept. 30, 2001, Neuberger Berman Inc. and its subsidiaries had $52.1 billion in assets under management.