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Articles tagged "First Republic Bank"


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First Republic tellers let three or four people wait inside and the rest on the sidewalk.

Biz Briefs: The sorry scene at my local First Republic branch • Schwab launches new (smaller) lay-off round • Schwab hoovers pennies passing FINRA fee to clients • Gensler pleas for funds • Fidelity owner's private equity pres. retires • an Orion-Envestnet staff switcheroo • LPL dumps FutureAdvisor

Range Rovers screeched in and drivers joined a grim queue to get their cash, and cookie • The Schwab-TDA deal cull count now stands at roughly 3.5% of its staff • FMR's hockey star president has stepped down • SEC chief wants more enforcers • An Envestnet executive proves joining a rival is good business • LPL now has an in-house robot.

April 29, 2023 at 1:36 AM

James H. Herbert II still gets paid 100 times more per hour than his bottom-tier workers.

First Republic pays $20 minimum wage in an act of altruistic self-interest

Owner of a $83.6-billion RIA roll-up, the San Francisco-based bank reacts to tightening labor supply, political pressure and its own good cash flow

January 17, 2017 at 8:36 PM

Steve Prostano says he will hire a big team as a first order of business.

BNP Paribas -- dominator of the UHNW market in France -- taps ex-Silver Bridge chief for ultrahigh-net-worth assault on US

Through its Bank of the West subsidiary, Paribas is hiring Prostano to gun for San Francisco rival First Republic -- but questions about the state in which he left Silver Bridge remain

July 22, 2015 at 5:48 PM

Jim Herbert: They align with and complement our existing wealth management capabilities.

First Republic buys an eight-year-old RIA for $115 million

The BoA spin-off gets Paul Tramontano's Constellation Wealth Advisors and its $6.1 billion of assets

June 17, 2015 at 4:12 PM

Jim Herbert: The answer is yes, a little bit.

The hornet's nest that a $25.9-billion AUM RIA owner stepped on and how much it cost

Ex-Merrill Lynch-owned First Republic and buyer of Luminous Capital underestimated the burdens of Dodd-Frank -- and the tolerance of Wall Street analysts

July 17, 2014 at 6:21 PM

David Hou helped lead the biggest-ever Merrill breakaway and now he's part of a long-term deal with First Republic Bank.

A $5.5 billion LA-based RIA is getting purchased by First Republic Bank

Luminous Capital has gone from a 2008 Merrill Lynch breakaway to a big bank puzzle piece in 2012

November 5, 2012 at 7:04 AM

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