SAN FRANCISCO--(BUSINESS WIRE)--First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that Mark Beach and Rick DuPont have joined First Republic Investment Management as Managing Directors and Wealth Managers.
Beach has 27 years of wealth management experience and DuPont has 18 years of experience. Both will provide investment management, retirement planning, investment consulting and other wealth management services to individuals, families, nonprofits and private family foundations. Beach and DuPont are based in Silicon Valley on the Peninsula.
“Mark and Rick are accomplished wealth managers who share First Republic’s commitment to delivering exceptional client service,” said Bob Thornton, President of First Republic Private Wealth Management. “Over the course of their careers, Mark and Rick have been successful in helping clients grow and preserve their wealth across generations. They are terrific additions to our growing team of wealth managers.”
Prior to First Republic, Beach was a Senior Vice President at Merrill Lynch/Bank of America, which he joined in 1999 from Lehman Brothers. He has extensive experience in the capital markets and has served as a financial advisor to business owners, executives and their families. Beach earned a Bachelor of Science in Managerial Economics from the University of California, Davis. He is active in the community and supports B Street Boxing in San Mateo, a community-based boxing gym that provides instructional guidance and a safe and supportive environment for neighborhood youth, as well as the Celiac Disease Foundation.
Prior to First Republic, DuPont worked for Merrill Lynch/Bank of America as Senior Vice President for 18 years. DuPont works with clients to develop a wide range of investment strategies, including managing concentrated stock strategies and pre-IPO stock planning and diversification. DuPont earned a Bachelor of Science in Business Administration from the University of San Francisco. He holds the professional designation of Chartered Retirement Planning CounselorSM, CRPC®.
About First Republic Bank
Founded in 1985, First Republic and its subsidiaries offer private banking, private business banking and private wealth management, including investment, trust and brokerage services. First Republic specializes in delivering exceptional, relationship-based service and offers a complete line of products, including residential, commercial and personal loans, deposit services, and wealth management. Services are offered through preferred banking or wealth management offices primarily in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach and San Diego, California; Portland, Oregon; Boston, Massachusetts; Palm Beach, Florida; Greenwich, Connecticut; New York, New York; and Jackson, Wyoming. First Republic is a constituent of the S&P 500 Index and KBW Nasdaq Bank Index. For more information, visit firstrepublic.com.