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First Republic, FiNet Grab Reps From Rivals: Recruiting Roundup

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First Republic Bank said it recruited a UBS advisor in Los Angeles: Paul Feinstein, who had worked for UBS Private Wealth Management for the past 14 years.

The advisor will now be based in the Century City office of First Republic and works with about $450 million in assets.

“Paul Feinstein has more than 20 years of wealth management experience helping individuals and families successfully grow and preserve their wealth,” said Bob Thornton, president of First Republic Private Wealth Management, in a statement.

“Paul shares First Republic’s commitment to delivering exceptional service to every client and to serving our local communities. We are very pleased to welcome him to our growing team of wealth professionals in Southern California,” Thornton added.

Wells Fargo Advisors Financial Network, the group’s independent channel, says two advisors recently joined one of its teams in Lafayette, Indiana.

Ken Williams of Lansing, Michigan, left LPL Financial-affiliated First Merit; Williams has over 14 years of industry experience and $60 million in client assets. 

Also moving to FiNet is Rob Rollins, of Cincinnati, who used to work for Edwards Jones; Williams has spent over 12 years in the business and has about $7 million in client assets.

FiNet is led by Kent Christian.

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RIA Samara Capital, which has about $480 million, says it is now working on the tru Independence platform. The Portland, Oregon-based team includes Managing Director Tasha Winkler and Senior Portfolio Manager Mike Kaiser, CFA, both formerly of Union Bank.

“We established Samara Capital as an independent business so that we would have the freedom to make investment recommendations and decisions for the sole benefit of our clients,” said Winkler in a statement. “Our partnership with tru Independence enables us to focus our full attention and energy on serving our clients’ needs.”

Winkler has nearly a decade of financial advisory experience, while Kaiser has 30 years of investment management and portfolio construction experience.

“At Samara Capital, we work with clients to develop investment strategies and construct portfolios that reflect their long-term goals,” Kaiser stated. “Our fundamental principles counter the casino-like portrayal of the markets that investors often see in the media—we help our clients achieve peace of mind for the long run.”

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