First Republic Adds Four Wealth Managers in New York

SAN FRANCISCO–(BUSINESS WIRE)–First
Republic Bank
(NYSE:FRC), a leading private bank and wealth
management company, today announced that four wealth managers have
joined First Republic Private Wealth Management in New York City.

George Fuchs and David Schulman were named Managing Director and Wealth
Manager, and Gregory Carafello and Chad Cohen were named Vice President
and Wealth Manager. They will provide investment management, retirement
planning, investment consulting and other wealth management services to
individuals, families, businesses, nonprofits, pensions and foundations.
They will work in First Republic’s office at 1230 Avenue of the Americas.

George Fuchs, David Schulman, Gregory Carafello, and Chad Cohen are a
highly respected team of wealth managers who share First Republic’s
commitment to exceptional client service,” said Bob Thornton, President
of First Republic Private Wealth Management. “They are a terrific
addition to our expanding wealth management capabilities serving the New
York metropolitan area.”

Fuchs has 21 years of wealth management experience. Prior to First
Republic, he was a Managing Director with Wells Fargo. Earlier in his
career, he worked for Citi-Smith Barney and Morgan Stanley Dean Witter.
Fuchs is active as a community service volunteer and teaches beginning
finance to small business owners at the City University of New York’s
Graduate Center. He earned a Bachelor of Science degree in Atmospheric
Science from State University of New York at Albany. He holds the
professional designations of Accredited Investment Fiduciary®,
Chartered Retirement Plans Specialist®, Chartered Life
Underwriter® and Certified Financial Planner® (CFP®).

Schulman has 22 years of wealth management experience. Prior to First
Republic, he was a Managing Director with Wells Fargo. Earlier in his
career, he worked for Morgan Stanley Dean Witter. Schulman is active in
the local community and helps coach and train youth athletes in
baseball, basketball and fitness. He earned a Bachelor of Science degree
in Business Administration from State University of New York at Albany.
He holds the Certified Financial Planner® (CFP®)designation.

Carafello has seven years of wealth management experience. Prior to
First Republic, he was an Associate Vice President with Wells Fargo and
was a senior market strategist at Gain Capital Group. Carafello is
active in the local community and served as a board member and treasurer
of the Rutgers Club of New York City for five years. He earned a
Bachelor of Arts degree in Management, Labor Studies and Employment
Relations from Rutgers College at the State University of New Jersey.

Cohen has five years of wealth management experience. Prior to First
Republic, he was an Associate Vice President with Wells Fargo and was a
financial advisor at Credit Suisse. He is active in the local community
and was a past board member and treasurer of the Israel Cancer Research
Fund’s Visions Board. He earned a Bachelor of Science degree in Business
Administration from the University of Rhode Island and an MBA from
Cornell University’s Johnson Graduate School of Management. He holds the
Certified Financial Planner® (CFP®) designation.

To learn more about First Republic Private Wealth Management, click
here
. To see our growing team of wealth management professionals, click
here
.

About First Republic Bank

Founded in 1985, First Republic and its subsidiaries offer private
banking, private business banking and private wealth management,
including investment, trust and brokerage services. First Republic
specializes in delivering exceptional, relationship-based service and
offers a complete line of products, including residential, commercial
and personal loans, deposit services, and wealth management. Services
are offered through preferred banking or wealth management offices
primarily in San Francisco, Palo Alto, Los Angeles, Santa Barbara,
Newport Beach and San Diego, California; Portland, Oregon; Boston,
Massachusetts; Palm Beach, Florida; Greenwich, Connecticut; New York,
New York; and Jackson, Wyoming. First Republic is a constituent of the
S&P 500 Index and KBW Nasdaq Bank Index. For more information, visit firstrepublic.com.

Contacts

Investors:
Andrew Greenebaum / Lasse Glassen
Addo
Investor Relations
[email protected]
[email protected]
(310)
829-5400

Media:
Greg Berardi
Blue Marlin Partners
[email protected]
(415)
239-7826

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