First Republic offers private banking and wealth management services tailored to high net worth individuals and families. Clients typically seek personalized investment guidance, coordinated trust services, and streamlined banking from a single relationship manager.
The following summary outlines core dimensions of working with First Republic at the high net worth level, including account features, advisory capabilities, and eligibility expectations.
| Client Segment | Typical Balance Range | Primary Services | Advisor Access |
|---|---|---|---|
| High Net Worth Individuals | $5–25 million | Investment management, private banking, credit solutions | Dedicated relationship team |
| Affluent Families | $10–50 million | Family office capabilities, custody, advisory oversight | Senior portfolio managers |
| Business Owners | $5–30 million | Business banking, cash management, financing | Relationship specialists |
| Founding Executives | $10–100+ million | Holistic wealth planning, concentrated equity guidance | Senior wealth advisors |
Eligibility Criteria for High Net Worth Clients
First Republic focuses on clients with substantial investable assets and consistent income. Meeting minimum balance and income thresholds is central to qualifying for priority services and specialized solutions.
Asset and Income Requirements
Prospective clients are reviewed based on liquid investable assets, primary deposit balances, and verified annual income. Documentation of income sources and asset history supports a thorough assessment.
Account Structures for Concentrated Wealth
High net worth clients can choose from single accounts, joint arrangements, trust structures, and retirement vehicles. The design of each structure can affect liquidity, income options, reporting, and long-term planning.
Investment and Advisory Services
Investment offerings generally include separately managed accounts, model portfolios, and direct security selection. Advisory services may integrate tax-aware strategies, estate planning coordination, and ongoing portfolio monitoring.
Key Takeaways for High Net Worth Engagement
- Maintain transparent communication with your relationship team about objectives and constraints.
- Regularly review account structures to ensure they align with evolving financial and estate plans.
- Verify fee arrangements and service inclusions at each stage of onboarding.
- Leverage specialized offerings such as concentrated equity guidance and integrated trust services.
- Document assumptions and decisions to support long-term portfolio review and family governance.
FAQ
Reader questions
What documentation is required for high net worth onboarding?
You will typically need proof of identity, address, income sources, and detailed statements for existing accounts. Additional documents may be requested based on the complexity of your holdings or business arrangements.
How are fees structured for high net worth advisory services?
Fees are often tiered and may include a percentage of assets under management, transaction-based charges, and hourly rates for specialized planning. Pricing tiers can vary by balance level and service package.
What level of personalized service can I expect?
Many clients receive a dedicated relationship team with access to senior advisors, structured check-ins, and proactive updates. Service scope is often aligned with account complexity and the scope of the advisory mandate.
Can First Republic accommodate concentrated equity positions in my portfolio?
Yes, strategies such as concentrated stock management, deferred compensation planning, and targeted diversification are commonly supported. The team can coordinate with tax and legal specialists to implement structured solutions.