First Republic increased number of teams it added in 2021
The bank's wealth management group also started 2022 in hiring mode, reporting this month that it had recruited two longtime Merrill advisers in New York.
First Republic Bank's wealth management unit reeled in 11 wealth management teams in 2021, the firm reported Friday, compared to eight in 2020, which was a particularly difficult year in which to recruit and hire financial advisers given the onset of the Covid-19 pandemic.
First Republic's total
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