IRVINE, Calif.--(BUSINESS WIRE)--First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, which collectively provide investment management, wealth planning, consulting, insurance, trust, and banking services primarily to high-net-worth individuals and businesses, today announced the opening of its newest bank branch in Oakland.
First Foundation’s growth in the Bay Area confirms its commitment to the region. The opening of the Oakland branch comes after the firm opened its wealth management office there in September of last year. The new bank branch will be well positioned to provide banking services to meet the region’s expanding local economy.
“As a vibrant center of enterprise and culture, the city of Oakland offers incredible opportunity for growth,” said Scott F. Kavanaugh, CEO of First Foundation. “At First Foundation, we couldn’t be more excited to call Oakland our home.”
The firm has quickly established itself by bringing on some of California’s most experienced bankers and continues to see strong demand for its services.
“Our banking team’s knowledge of Oakland’s business community is unmatched,” remarked recently-appointed Oakland branch manager, Andrew Winner of First Foundation Bank. “We pride ourselves on our ability to translate our in-depth skills into comprehensive solutions for our clients.”
To further demonstrate the firm’s dedication to the community, First Foundation launched its “Supporting Our Communities” initiative in the Bay Area for 2016. The initial recipients of the awarded grants and in-kind services for the region were Chinatown Community Health Center, Harbor House Ministries, and Youth Radio.
The new bank branch is located at 323 20th Street, Oakland, California 94612.
About First Foundation
First Foundation, a financial institution founded in 1990, provides integrated investment management, wealth planning, consulting, insurance, trust, and banking services. The Company has offices in California, Nevada, and Hawaii with headquarters in Irvine, California. For more information, please visit www.ff-inc.com.