First Republic Bank, founded in 1985, provides private banking, private business banking, and private wealth management, including investment, trust, and brokerage services. Targeting high-net-worth individuals, First Republic specializes in delivering exceptional, relationship-based service through preferred banking and wealth management offices in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach, San Diego, Portland, Boston, Greenwich, and New York City

In June, 2010, Calera Capital and other private investors invested alongside First Republic's management team to acquire the company from Bank of America Merrill Lynch.