First Republic grows wealth assets despite advisor departures
![First Republic departures](https://s32566.pcdn.co/wp-content/uploads/2023/04/FirstRepublic-storefront2-951x634.jpg.optimal.jpg)
The bank's total wealth management assets rose to $289.5 billion in the first quarter, a 6.7% increase from the previous quarter.
Despite several high-profile departures of advisors over the past month, First Republic has retained most of its financial advisors and even more of its assets under management.
In the San Francisco-based bank’s first earnings call since turmoil struck in March, First Republic reported total we
Learn more about reprints and licensing for this article.