First Republic Expands Wealth Management Team in New York
Senior Portfolio Manager and Senior Trust Officer Join Rockefeller Center Office
SAN FRANCISCO--(BUSINESS WIRE)-- First Republic Bank (FRC), a leading private bank and wealth management company, today announced the appointment of James Dempsey as Managing Director and Portfolio Manager and Richard Chalifoux as Managing Director and Senior Trust Officer.
Dempsey works for First Republic Investment Management and has more than 25 years of portfolio management experience. Most recently, he was Managing Director and Portfolio Manager for U.S. Trust. Earlier in his career, he worked for JP Morgan Chase and Bank of New York. Dempsey has a Bachelor of Arts degree in Economics from State University of New York at Buffalo and an MBA from the New York Institute of Technology. He is a member of the New York Society of Security Analysts and the Association for Investment Management and Research.
Chalifoux works for First Republic Trust Company and has more than 15 years of experience. Prior to joining First Republic, he was Senior Vice President and Senior Trust Officer for U.S. Trust. Chalifoux earned a Bachelor of Arts degree from the College of Holy Cross and a Juris Doctorate from Albany Law School of Union University. He is an Accredited Estate Planner®.
First Republic Investment Management and First Republic Trust Company are part of First Republic Private Wealth Management, the investment management, trust and brokerage group of First Republic Bank. Banking and wealth management services are integrated through a single relationship manager with access to team of First Republic professionals who manage both sides of a clients balance sheet.
Dempsey and Chalifoux work at First Republics office at 1230 Avenue of the Americas. First Republic also has New York offices at 80 Broad, 320 Park Avenue, the Time Warner Center, 148 East 79th Street and 2160 Broadway. First Republic has a Greenwich, Connecticut office at 56 Mason Street.
About First Republic Bank
First Republic Bank and its subsidiaries provide private banking, private business banking and private wealth management. Founded in 1985, First Republic specializes in exceptional, relationship-based service offered through preferred banking or wealth management offices primarily in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach, San Diego, Portland, Boston, Greenwich and New York City. First Republic offers a complete line of banking products for individuals and businesses, including deposit services, as well as residential, commercial and personal loans. First Republic is a component of the S&P Total Market Index, the Wilshire 5000 Total Market IndexSM, the Russell 1000®, Russell 3000® and Russell Global indices and six Dow Jones indices.
About First Republic Private Wealth Management
First Republic Private Wealth Management is the investment management, trust and brokerage group of First Republic Bank. First Republic Private Wealth Management offers objective advice and fully customized solutions with the same level of exceptional client service that has been the hallmark of First Republic Bank for more than 25 years. First Republic has the flexibility to provide individuals, families, businesses, endowments, schools and non-profit organizations with appropriate choices that responsibly meet a clients specific investment objectives. Securities Products and Services are offered by First Republic Securities Company, LLC - Member FINRA/SIPC. First Republic Securities Company and First Republic Investment Management are wholly owned subsidiaries of First Republic Bank. Unless otherwise disclosed, investments through First Republic Investment Management and First Republic Securities Company, LLC are not FDIC-insured, not bank guaranteed and may lose value.
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Greg Berardi, 415-239-7826
Source: First Republic BankCopyright Business Wire 2012