Six Wealth Managers Join First Republic in New York

First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that Adam Zipper, Joseph Duarte, Christopher Gates, John Mulligan, Andrew Damato, and Andrew Gallagher have joined First Republic Investment Management in New York.

Zipper, Duarte, Gates, Mulligan, and Damato were named Managing Director and Wealth Manager, and Gallagher was named Vice President and Wealth Manager. They will provide investment management, retirement planning, investment consulting and other wealth management services to individuals, families, nonprofits and private family foundations.

“First Republic is very pleased to welcome these talented wealth managers to our growing team of professionals in the New York area,” said Bob Thornton, President of First Republic Private Wealth Management. “Adam Zipper, Joseph Duarte, Christopher Gates, John Mulligan, Andrew Damato and Andrew Gallagher share First Republic’s commitment to exceptional client service.”

Zipper was previously a Managing Director at J.P. Morgan Securities. Before that, Zipper worked at Smith Barney and was a member of the firm’s Director’s Council. He began his career at Bear Stearns. Zipper creates tailored portfolios for high net worth individuals, families, entertainers and professional athletes. He earned a Bachelor of Business Administration degree from Emory University’s Goizueta Business School and holds the professional designation of Accredited Investment Fiduciary. Zipper has been recognized in a number of industry rankings, including Forbes Top 250 Wealth Advisors, Forbes Best-In-State Wealth Advisors and Financial Times 400 Top Financial Advisers.

Duarte was previously a Managing Director at J.P. Morgan Securities. Before that, he was a Managing Director at Bear Stearns and previously was a co-founder and owner of a boutique investment firm and broker-dealer in New York. Duarte specializes in providing comprehensive wealth management for individuals and families. He is an alumni board member of Port Washington Youth Activities, a nonprofit that instills the values of teamwork, dedication and community through youth sports. He holds the professional designation of Accredited Investment Fiduciary.