First Republic grows wealth assets despite advisor departures
The bank's total wealth management assets rose to $289.5 billion in the first quarter, a 6.7% increase from the previous quarter.
Despite several high-profile departures of advisors over the past month, First Republic has retained most of its financial advisors and even more of its assets under management.
In the San Francisco-based bank’s first earnings call since turmoil struck in March, First Republic reported total we
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