|
|||||||||
|
|||||||||
|
 |
Merrill Lynch Launches American Indian Business Development GroupDawson Her Many Horses to Lead Effort
NEW YORK, September 22, 2004 — Merrill Lynch (NYSE: MER) today announced that Dawson Her Many Horses will lead its American Indian Business Development unit, the latest in the firm's initiatives delivering customized wealth management strategies to multicultural clients. Through its Multicultural and Diversified Business Development Group, the firm currently specializes in working with women, African-American, Hispanic and South Asian clients. Mr. Her Many Horses will coordinate the firm's efforts with Native American governments, their enterprises and their members. Coinciding with his appointment, Mr. Her Many Horses, along with several senior Merrill Lynch executives, will host a special reception for Tribal leaders and their delegations, jointly organized by Merrill Lynch and Americans for Indian Opportunity (AIO), as part of the events celebrating the Grand Opening of the Smithsonian Institution's National Museum of the American Indian in Washington, D.C. The Grand Opening is expected to be the most highly attended American Indian event in U.S. history. In his role, Mr. Her Many Horses will manage Merrill Lynch's retail, institutional, and asset management strategy and business efforts for initiating services for American Indians and working closely with the American Indian professionals and Financial Advisors active in Indian Country. Having grown up on South Dakota's Rosebud Reservation, he is an enrolled member of the Rosebud Sioux Tribe. He graduated from Columbia University with a B.A. in political science, and has worked for Merrill Lynch since 2002, where he started as an intern in the Office of Public Policy Analysis. Merrill Lynch has a long history of serving as a trusted advisor to several American Indian Tribal governments and currently has relationships with more than 50 Tribes. Along with the firm's Global Markets and Investment Banking group, Merrill Lynch's Tribal financial services encompasses over $4.5 billion in tribal assets under management and offers: direct lending and credit facilities; private equity and alternative investments; tribal savings accounts; minor's trusts; 401 (k); deferred compensation and qualified benefit plans; and member investment education and services. "The American Indian Business Development group will complement and build upon the strong relationships Merrill Lynch has built with Native American tribes over the last two decades," said Paul Critchlow, Merrill Lynch vice chairman of Public Markets. "Dawson brings unique skills and perspective to his leadership of our efforts in this important and growing market." The American Indian Business Development group also illustrates Merrill Lynch's longstanding commitment to diverse cultures both within and outside the firm. A key objective of the Multicultural and Diversified Business Development group is to collaborate actively with cultural and professional organizations whose goals are important to Merrill Lynch clients. "Merrill Lynch is firmly committed to supporting the diverse needs of our multicultural communities," said Subha Barry, first vice president and head of the Multicultural and Diversified Business Development group. "With the appointment of Dawson Her Many Horses and a new market effort, we look forward to continuing to develop and expand our specialized programs for American Indians." The National Museum of the American Indian will be home to one of the largest and most diverse collections of Indian art and artifacts in the world. The Opening Ceremony will begin on the National Mall as over 10,000 people march in the Native Nations Procession, followed by presentations by Senator Ben Nighthorse Campbell and Senator Dan K. Inouye, among others. Brian Henderson, vice chairman, Merrill Lynch Europe, Middle East and Africa, serves on the board of the museum. The Merrill Lynch-AIO event that evening will honor AIO's most recent initiative, the Advancement of Global Indigineity (AGI) and recognize His Excellency John Wood, New Zealand Ambassador to the United States, for his contribution to AIO.
Merrill Lynch is one of a very few financial services companies with a Native American employee network, the Native American Professional Network. Mr. Henderson serves as the Network's senior advisor and Mr. Her Many Horses serves as the network leader. Merrill Lynch is one of the world's leading financial management and advisory companies, with offices in 35 countries and total client assets of approximately $1.5 trillion. As an investment bank, it is a leading global underwriter of debt and equity securities and strategic advisor to corporations, governments, institutions and individuals worldwide. Through Merrill Lynch Investment Managers, the company is one of the world's largest managers of financial assets, with assets under management of $513 billion. For more information on Merrill Lynch, please visit www.ml.com.
Contact:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
