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December 19, 2018

First Republic Bank expands US presence

Private bank and wealth management firm First Republic Bank has bolstered its US footprint by launching a new branch in Jackson, Wyoming.

Among the services offered by the new location include private banking, wealth management, private business banking, brokerage and trust and real estate lending. The office will tend to individuals, families as well as businesses.

Plans for the Jackson office were first announced by the firm in November last year.

The firm also has offices in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach, San Diego, Portland, Boston, Palm Beach, Greenwich, and New York.

First Republic Bank CEO and chairman Jim Herbert said: “First Republic looks forward to serving the banking and wealth management needs of Jackson and being an active partner in the community.”

The new office will be led by Alex McDougall, who joined First Republic six years ago.

McDougall most recently served as the firm’s assistant manager. His banking career of 11 years also includes a five-year stint as an assistant manager at BB&T.

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