Family Office
First Republic Bk adds to wealth-management teams
Private bank adds investment-consulting specialists in NYC, San
Diego. First Republic Bank has hired Rajesh Nakadi, formerly head
of advisory services at Quinlan Private, as a New York-based
managing director of First Republic Wealth Advisors.
Nakadi reports to Bob Thornton, president of First Republic
Investment Management.
Expansion
First Republic Wealth Advisors collaborate with the bank's
relationship-management teams to help clients -- individuals,
families, foundations and non-profits -- identify their
wealth-management objectives and then recommend strategies to
help them achieve these goals.
"Rajesh Nakadi is a terrific addition to the expanding team of
First Republic Wealth Advisors in New York, and his experience
will help First Republic meet the expanding needs of its
wealth-management clients," says First Republic's president and
COO Katherine August-deWilde. "[He] shares our commitment to
delivering exceptional service to every client."
Prior to Quinlan, a New York- and London-based private-equity
real-estate firm, Nakadi spent a decade at Merrill Lynch where,
among other things, he was CIO of its Private Banking and
Investment Group.
San Francisco-based has also hired First Republic Mark Gerardi as
a First Republic Wealth Advisors managing director in San Diego.
He starts on Monday.
In addition, First Republic has a new relationship manager in
Jose Marquez, previously a wealth manager with San
Francisco-based Union Bank of California. He works with the First
Republic's private-banking team in Los Angeles.
Earlier this year Dante Tosetti left San Francisco-based Borel
Private Bank & Trust, where she was a commercial loan officer, to
become a managing director of First Republic's business-banking
unit. Tosetti is based in San Francisco.
First Republic is a subsidiary of Merrill. Aside from San
Francisco, New York and Los Angeles, it has offices in Santa
Barbara, Calif., Newport Beach, Calif., San Diego, Las Vegas,
Portland, Ore., Seattle and Boston. -FWR
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