Ileana Musa Invests in Latino Financial Empowerment
Wealth is more than just finances. It’s about securing a legacy. Building a rich and fulfilling life.
And Ileana Musa wants to make sure Latinos have every opportunity to build their wealth.
She knows firsthand the challenges that come with building wealth. Musa was raised by a single mother, who brought her and her siblings over from Cuba at a young age. She saw her mother in action as an entrepreneur to take care of her family and build a brighter future.
Through her work as head of sales at Morgan Stanley Private Bank and in the wealth management space, Musa focuses on the Latino community to provide financial empowerment.
This mission culminates in The Latino Wealth Journey study, conducted in collaboration with the Morgan Stanley Institute for Inclusion, Hispanic Executive, and Semilla Multicultural. The report provides rich insights into the Latino financial journey and how they can build multigenerational wealth sooner rather than later.
For Musa, it’s an exciting catalyst to move beyond achieving stability and secure financial independence and future for generations.
Not tomorrow. Today.
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About Our Guest
Ileana Musa is the Head of Sales for Morgan Stanley Private Bank. In her role she leads a large-scale sales organization of Private Bankers, Lenders and Product Specialists who partner strategically with Financial Advisors to advise clients on both sides of the balance sheet. Most recently she lent her talent to co-heading Morgan Stanley’s International Wealth Management business. Ileana is a member of Morgan Stanley’s Wealth Management Committee, Wealth Management Operating Committee, Latin America Management Committee, and the U.S. Banks Management Committee. Ileana co-chairs the Enterprise Latino Employee Network and is the Executive Sponsor of the WM LatinX forum. Additionally, she serves as a trustee on the Morgan Stanley Foundation Board.
Prior to joining Morgan Stanley, Ileana was the Global Client Segment and Strategy Executive for Merrill Lynch Wealth Management. In this capacity, she focused on helping international financial advisors ensure the delivery of a consistent, goals-based wealth management experience for international high net worth and ultra-high net worth clients. Prior to this role, Ileana was head of International Credit and Banking within Bank of America’s Global Wealth & Investment Management (GWIM) Banking group. In this role, she led the teams that supported and delivered integrated liquidity, cash management and lending solutions and services to financial advisors and high net worth clients in Latin America, Asia, and Europe.
Ileana held several leadership roles in the domestic, international, and affluent banking platforms at Bank of America and JPMorgan Chase, where she lent her talent to growing their cross-border wealth management businesses.
Ileana received her BBA, with a concentration in finance, from the University of Miami and an MBA in finance from Florida International University. Ileana is fluent in Spanish, is FINRA-registered and is Six-Sigma Greenbelt certified.
Ileana was recently appointed to the Smithsonian National Museum of the American Latino Board of Trustees and sits on the Girl Scouts National Board (GSUSA) and the corporate advisory board of the Association of Latino Professionals for America (ALPFA).
Ileana is the recipient of the 2023 Lifetime Achievement Award from the Association of Latino Professionals for America (ALPFA). She was named to the 100 Latinas by Latino Leaders in 2023 for the second year in a row and was the recipient of the 2022 Latino Leaders Maestro Award in the Category of Professional Achievement. She was recognized by Bloomberg in 2022 among the 500 most influential Latinos in Latin America and has been named by ALPFA as one of the Most Powerful Latinas for four years in a row. Ileana was also named to the Red Shoe Movement 2021 Hall of Fame for leading transformational change that impacts diverse communities. She was named one of the Top 20 U.S. Offshore Women Leaders 2020 by Citywire and one of the Top 100 Most Influential Latinas in 2020 by Latino Leaders. She was selected to the 2019 MAKERS class of Morgan Stanley Wealth Management and given the 2019 Latina Trailblazer Award by Latino Justice in honor of her professional and personal achievements in opening doors and new opportunities for other professionals. In 2015, Ileana was named one of the Top 10 Corporate Executives by Latina Style magazine.
