The team is based in New York and Florida.

US-listed First Republic Bank has appointed a four-person team led by Eric Yamin and Keith Caparelli to join its investment arm. The team is based in Florida and New York.

Yamin and Caparelli were each named managing director and wealth manager of First Republic Investment Management. 

With more than 35 years’ wealth management sector experience, Yamin was previously an MD at Morgan Stanley. Previously, he worked in the distressed high yield department at Oppenheimer & Co and was a real estate investment banker at Eastdil Secured. Yamin received a bachelor of arts degree in international relations from Tufts University. He has also completed the Private Wealth Executive Education Program sponsored by the Wharton Business School.

Caparelli has more than 10 years of wealth management experience. Before joining First Republic, he was a vice president and director of business strategy at Morgan Stanley. Prior to that, he was a wealth strategy associate at UBS. Caparelli, who received a bachelor of science degree in finance from Fordham University, is a Certified Financial Planner™ professional.