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Family Offices Seek New Blood - Los Angeles Business Journal

Shielded by privacy and exclusivity, the offices of America’s most top 1% families, as ranked by wealth, historically barred any financial or investment disclosures. But recently, this trend has shifted dramatically, as a number of family offices have begun allowing their army of investment professionals to be hired by the next generation of ultrawealthy in Los Angeles. ....

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1st Century Hires Former First Republic Bankers - Los Angeles Business Journal

Another bank has moved in on the clientele left shaken by the regional banking crisis. 1st Century Bancorp Inc., a division of Midland Financial Co., the holding company for the largest private bank in the country, MidFirst Bank, is expanding into new markets by hiring 22 former First Republic bankers.  ....

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