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First Republic Advisor Exodus Leads Mainly to Morgan Stanley   Featured

Since the turmoil that seized the banking sector with the mid-March failure of Silicon Valley Bank, at least 21 advisors have left First Republic Bank, with 13 heading to Morgan Stanley. So reports AdvisorHub.

Morgan Stanley2Among the latest departures, a $9 million-producing team departed from First Republic Private Wealth Management for RBC Wealth Management-US.

First Republic told the news service in a statement that Private Wealth Management remains key to the bank’s strategy.

Read the full article from AdvisorHub.

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