First Republic acquires a $10 million group, Sal Tiano and team in Florida. Sal leaves JP Morgan after 29 years. The team was managing approximately $2 billion + in assets at JPM. A great win for First Republic.
ABOUT FIRST REPUBLIC
First Republic has been on a major recruiting binge, recruiting top teams nationally. In 2019, FRB lured two teams from UBS in LA producing about $5 million and $11 million, and another $3.6 million UBS team in New Jersey. They also hired a $16-million group of producers in Washington, DC from Merrill, a $2.5-million team in Palo Alto, Calif., and Wells Fargo Advisor teams in New York and San Diego producing $5.5 million and $4.7 million, respectively.
Would you would like to learn more about this specific deal structure? Might you care for a confidential call with Senior Management to learn more about First Republic’s platform?
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As the Editor of The Gershman Group, a boutique financial services consulting firm, TGG brings expertise in financial analysis, strategic planning, and market research. With a keen eye for detail and a passion for helping businesses navigate complex financial landscapes, TGG delivers insightful, high-quality content to empower informed decisions. Backed by years of industry experience, TGG makes complex topics accessible through clear and compelling communication, shaping the firm’s thought leadership and commitment to excellence in financial services.
