IRVINE, Calif.--(BUSINESS WIRE)--Scott F. Kavanaugh, CEO of First Foundation Inc, a California based financial services company that provides investment management, wealth planning, consulting, trust, banking and insurance services primarily to high net-worth individuals and businesses, today announced that the Company has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed initial public offering of its common stock. First Foundation has applied to list its common stock on The NASDAQ Global Select Market under the ticker symbol "FFWM.” The number of shares of common stock to be offered and the price range for the offering have not yet been determined.
Sandler O’Neill + Partners, L.P. and Keefe, Bruyette & Woods will be the joint book-running managers for the offering. Sterne Agee will serve as co-manager for the offering. The offering will be made only by means of a prospectus. A copy of the preliminary prospectus relating to the offering, when available, may be obtained from: Sandler O’Neill + Partners, L.P., Attention: Prospectus Department, 1251 Avenue of the Americas, 6th Floor, New York, NY 10020, telephone: 1-866-805-4128, email: syndicate@sandleroneill.com; or Keefe, Bruyette & Woods, Inc., Attention: Equity Capital Markets, 787 Seventh Avenue, 4th Floor, New York, NY 10019, telephone: 1-800-966-1559. The preliminary prospectus is subject to change.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. These securities are neither insured nor approved by the Federal Deposit Insurance Corporation, the California Department of Business Oversight—Division of Financial Institutions or any other governmental agency.
About First Foundation
First Foundation, a financial institution since 1990, provides integrated investment management, wealth planning, consulting, trust, banking and insurance services. The company is headquartered in Irvine with offices in Irvine, Newport Beach, Pasadena, West Los Angeles, San Diego, Palm Desert, El Centro in California, and Las Vegas, Nevada. For more information, please visit our website at www.ff-inc.com.