First Republic announced that it has added 4-person wealth management team, led by Eric Yamin and Keith Caparelli to the Investment Management division. Both Yamin and Caparelli were each named Managing director and Wealth Manager. Based in Florida and New York, the team will provide portfolio management, retirement planning, investment consulting and other wealth management services to individuals, families, nonprofits and private family foundations.

Yamin has more than 35 years of wealth management experience providing comprehensive family office services and highly customised investment strategies for high net worth individuals and multigenerational families. Before joining First Republic, Yamin was a Managing director at Morgan Stanley. Caparelli has more than 10 years of wealth management experience providing customised solutions for individuals, families, executives and business owners.

Before joining First Republic, Caparelli was a vice president and director of Business Strategy at Morgan Stanley.