First Republic to Acquire Luminous Capital

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First Republic Bank
FRC
and Luminous Capital Holdings, LLC, one of the nation's leading independent wealth advisors, today announced that Luminous Capital will become part of First Republic Investment Management, Inc., a wholly-owned subsidiary of the Bank. Based in Los Angeles, Luminous Capital provides high net worth individuals, family offices, and family foundations with strategic investment advice and asset allocation, including alternative investments. As of September 30, 2012, Luminous Capital had wealth management assets of $5.5 billion. The six partners of the firm will sign long-term employment contracts as part of the transaction, which is expected to close by
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