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Despite JPMorgan’s recount, dozens of advisors have fled First Republic

JPMorgan first

JPMorgan now says there were 229 financial advisors in First Republic's wealth management unit when it acquired the bank earlier this week, up from the 150 total its CFO cited Monday.

JPMorgan Chase & Co.'s revised advisor head count for its First Republic Bank acquisition — 229 financial advisors on May 1, up from the previously reported 150 — is out of step with industry information about the wealth management unit of the defunct bank, which was acquired Monday by JPMor

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