Beverly Hills Wealth Management has named Anita Brown as senior vice president and wealth management advisor. 

Brown joins from Morgan Stanley Smith Barney, where she served as a VP and financial advisor. She also previously worked for Citigroup Trust and Wells Fargo Bank as a high net worth portfolio manager. 

Her new role takes effect immediately. 

According to the latest World Wealth Report by Capgemini and Merrill Lynch, Los Angeles is the second largest market for wealth management clients in the US, with 256,500 individuals having at least $1 million in investible assets. This number is up by nearly 9 per cent from 2010.

Beverly Hills Wealth Management is a registered investment advisor that specializes in high net worth clients and their families.