First Republic Bank says that it recruiting six veteran advisors in New York and San Francisco from Bank of America-Merrill Lynch in January.
The five wealth managers joining First Republic in New York are Larry Rothenberg, Shaun Van Vliet, David Farber, Schuyler Perry and Timothy Deygoo.
“First Republic is very pleased to welcome this team of exceptional wealth managers to First Republic,” said Bob Thornton, president of First Republic Private Wealth Management, in a statement. “They share First Republic’s commitment to providing exceptional client service and being active participants in their communities.”
The New York-based advisors have between nine and 30 years of experience in financial services.
In Northern California, Hank Holland moved to Republic from Merrill after nine years as part of Bank of America’s Thundering Herd. He has two decades of industry experience.
Meanwhile in Southern California, Raymond recruited advisor Suzanne LaTour, CFP, CIMA, to the San Diego office of its employee channel, Raymond James & Associates. She comes on board with about $100 million in client assets and roughly $850,000 in yearly fees and commissions.
“I was drawn to Raymond James’ genuine client-first culture,” said LaTour, in a statement.
LaTour began her career in the industry in 1988 in sales before joining Morgan Stanley Smith Barney as a financial advisor in 1993. She moved to Merrill Lynch in 2009.