Two Senior Wealth Managers From Merrill Lynch Join First Republic

First Republic Bank (NYSE: FRC), a leading private bank and wealth management company, today announced that Danielle Ambrose and Diane Hirschhorn, two wealth managers from Merrill Lynch, have joined First Republic Private Wealth Management in Century City.

Ambrose has 23 years of wealth management experience and Hirschhorn has 20 years of wealth management experience. Both were named Managing Director and Wealth Manager and will work with clients to provide portfolio management, retirement planning and other wealth management services to individuals, families, nonprofits and foundations. Ambrose and Hirschhorn have been on Barron’s Top 1,000 Advisors list, Barron's Top 100 Women Financial Advisors list, and the list of Top 40 Leading Wealth Advisors in Los Angeles.

“Danielle and Diane are two very successful wealth management professionals with a long history of helping clients achieve their financial objectives,” said Bob Thornton, President of First Republic Private Wealth Management. “They share First Republic’s commitment to providing exceptional client service and being active participants in their communities.”

Prior to First Republic, Ambrose was Senior Vice President and wealth advisor for Merrill Lynch. Earlier in her career, she worked in the Private Client Services Division of Goldman Sachs and was an actuarial consultant. Ambrose earned a Bachelor of Science degree in Economics from the University of California, San Diego and an MBA from the Stanford Graduate School of Business.

Before joining First Republic, Hirschhorn was a Senior Vice President and wealth advisor for Merrill Lynch. Prior to joining Merrill Lynch, she worked for Goldman Sachs as a Private Client Advisor. Hirschhorn earned a Bachelor of Arts degree in Economics from Cornell University and an MBA from the Anderson School at UCLA.

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, with a solid commitment to responsiveness and action. 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; and New York, New York. First Republic offers a complete line of banking products for individuals and businesses, including deposit services, as well as residential, commercial and personal loans. For more information, visit firstrepublic.com.

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