Arrowhead homeowner charged with felony |

Arrowhead homeowner charged with felony

Lauren Glendenning
Vail, CO Colorado

EAGLE COUNTY, Colorado – District Attorney Mark Hurlbert has filed charges against prominent Denver financial advisor Marty Erzinger for a July 3 hit-and-run accident on Highway 6 near Arrowhead.

Hurlbert said Wednesday that Erzinger is charged with leaving the scene of an accident, a felony, one count of careless driving and one count of failure to report an accident, both traffic misdemeanors.

Hurlbert said it took more than three months to file charges because the district attorney’s office has been talking with the victim, Steven Milo, and his attorney, as well as Erzinger and his attorney, about “issues related to the defendant,” Hurlbert said.

The issues are related to the potential impacts on Erzinger’s job as a financial advisor and investment banker – impacts that are typically considered in cases that involve high restitution, or payments to victims for harm caused.

Milo suffered serious injuries in the accident.

“In a case where there’s a lot of restitution, that certainly is a consideration,” Hurlbert said. “Generally not a consideration for charging, but for plea bargains.”

If Erzinger had a long history of careless driving or other criminal behavior, such considerations wouldn’t be made, Hurlbert said.

Erzinger, an Arrowhead homeowner, is a director in private wealth management at Morgan Stanley Smith Barney in Denver. His biography on states that Erzinger is “dedicated to ultra high net worth individuals, their families and foundations.

Erzinger manages more than $1 billion in assets.

Erzinger or his attorney, Richard Tegtmeier, could not be reached for comment Wednesday.

An Eagle County District Court plea and sentencing hearing is scheduled for next week.

Community Editor Lauren Glendenning can be reached at 970-748-2983 or

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