First Foundation Adds to the Strength of Its Investment Team in Los Angeles

IRVINE, Calif.--()--First Foundation Inc. (NASDAQ: FFWM), a financial services company that provides investment management, wealth planning, consulting, trust and banking services primarily to high-net-worth individuals and businesses, and its wholly-owned subsidiary, First Foundation Advisors, today announced the appointment of Andrew Chan to Portfolio Strategist. Mr. Chan will work out of First Foundation’s West Los Angeles office and will serve on the firm’s investment committee.

“We are excited to announce the addition of Andrew to the firm. He brings additional expertise in the areas of manager research and portfolio construction to our team”

“We are excited to announce the addition of Andrew to the firm. He brings additional expertise in the areas of manager research and portfolio construction to our team,” says First Foundation Advisors President John Hakopian. “As we continue to grow in Los Angeles, we are committed to building a team of experts to serve the needs of our clients.”

Mr. Chan has over 10 years of investment experience and has served in a variety of key roles. Prior to joining First Foundation he served as Vice President and Portfolio Manager at U.S. Trust where he was responsible for managing nearly $650 million in assets for individuals, family offices, and foundations. Mr. Chan also served nationally on U.S. Trust’s External Managers Investment Committee, the Investment Models Committee, the Strategic Technology Committee, and the National Associate Advisory Board.

A graduate of the Wharton School Executive Program on Investment Management and the University of California, Riverside, Mr. Chan is a Chartered Alternative Investment Analyst (CAIA).

First Foundation Advisors saw its assets increase by 24% during 2014. The firm manages $3.2 billion, as of December 31, 2014.

About First Foundation

First Foundation, a financial institution founded in 1990, provides integrated investment management, wealth planning, consulting, trust and banking services. The company is headquartered in Irvine with offices in Newport Beach, Pasadena, West Los Angeles, San Diego, Palm Desert and the Imperial Valley in California, and Las Vegas, Nevada. More information is available at

Forward-Looking Statements

Statements in this news release regarding our expectations and beliefs about our future financial performance and financial condition, as well as trends in our business and markets are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements often include words such as "believe," "expect," "anticipate," "intend," "plan," "estimate," "project," or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," or "may." The forward-looking statements in this news release are based on current information and on assumptions that we make about future events and circumstances that are subject to a number of risks and uncertainties that are often difficult to predict and beyond our control. As a result of those risks and uncertainties, our actual financial results in the future could differ, possibly materially, from those expressed in the forward-looking statements contained in this news release and could cause us to make changes to our future plans. Those risks and uncertainties include, but are not limited to, the risk of incurring loan losses, which is an inherent risk of the banking business; the risk that the economic recovery in the United States will stall or will be adversely affected by domestic or international economic conditions and the risk that the Federal Reserve Board will continue to keep interest rates low, any of which could adversely affect our interest income and interest rate margins and, therefore, our future operating results; and the risk that the performance of our investment management business or of the equity and bond markets could lead clients to move their funds from or close their investment accounts with us, which would reduce our assets under management and adversely affect our operating results. Additional information regarding these and other risks and uncertainties to which our business and future financial performance are subject is contained in Item 1A, entitled “Risk Factors” in our 2013 Annual Report on Form 10-K for the fiscal year ended December 31, 2013 that we filed with the SEC on March 25, 2014, and readers of this news release are urged to review that additional information contained in that Annual Report. Due to these and other possible uncertainties and risks, readers are cautioned not to place undue reliance on the forward-looking statements contained in this news release, which speak only as of today's date, or to make predictions based solely on historical financial performance. We also disclaim any obligation to update forward-looking statements contained in this news release or in the above-referenced 2013 Annual Report, whether as a result of new information, future events or otherwise, except as may be required by law or NASDAQ rules.


First Foundation Inc.
John Michel
Chief Financial Officer
Tyler Resh
Director of Marketing and Strategy

Recent Stories

RSS feed for First Foundation Inc.

First Foundation Inc.