First Republic
First Republic Puts Big California Producer on Leave
Paul Feinstein, a $5 million-dollar producer who joined First Republic three years ago from UBS, was known for leveraged options strategies for some wealthy clients.
First Republic Hooks $2.5Bln-Asset J.P. Morgan Team in Florida
Six-broker team is led by Sal Tiano, who has worked for almost three decades at J.P. Morgan and its Bear Stearns predecessor.
First Republic’s 2019 Wealth Tally: Ten New Teams
The San Francisco-based bank ended 2019 with about 195 financial advisors, including a healthy round of recruits from wirehouses.
First Republic Hires $5-Million UBS Team in Los Angeles
Two wirehouse brokers who were managing $325 million in client assets are the second team in two months to have left UBS in southern California for the San Francisco-based bank.
J.P. Morgan Securities Taps New Regional Manager in New York
Company veteran James Lansing replaces Mike Lee, the former New York regional director who left for West Coast rival First Republic in March.
Merrill Wealth Team Producing $10 Mln Joins First Republic
Private Wealth group advisors, led by a pair of 30-year Merrill veteran, are relocating to Palm Beach, Fla., from Chicago.
$11-Mln UBS Team Joins First Republic, $2.5-Mln Morgan Stanley Pair Go to Wells
Friday departures deprived UBS of four California advisors with 64 years’ experience at the firm, while Morgan Stanley lost a nine-year veteran.
$3.6 Million UBS Team Joins First Republic in New Jersey
Paramus team opened West Coast bank’s first wealth branch in the Garden State on Friday, the same day UBS hired a $1-million, 29-year industry veteran in Ohio from Morgan Stanley.
First Republic Nabs California Merrill Team, Rockefeller Signs Wells Duo
Merrill pair in Silicon Valley and Wells team in San Francisco were each overseeing about $300 million of customer assets before moving on Friday.
‘Luminous’ Advisors Who Bolted First Republic Keep 88% of Assets
Bank says it expects to retain just $2 billion of the $16 billion managed by flagship wealth team that broker away last month, but will gain relief from reduced compensation costs.
Top Stories of the Week: SEC Approves Reg BI, First Republic Stars Exit, And More TRO Battles
Most popular stories from June 2 to June 8.
