First Foundation Opens New Wealth Management Office in Bay Area

IRVINE, Calif.--()--First Foundation Inc. (NASDAQ: FFWM), a financial services company that provides investment management, wealth planning, consulting, trust, insurance, and banking services primarily to high-net-worth individuals and businesses through its two subsidiaries, First Foundation Bank and First Foundation Advisors, today announced that it has opened a new wealth management office in Oakland. The office is First Foundation Advisors’ first in Northern California.

“The Bay Area presents a very attractive opportunity for our wealth management offering as evidenced by our existing client base in the region”

First Foundation Managing Director Stasia Washington will serve as a regional director of wealth management services in Northern California. Ms. Washington is moving from First Foundation’s West Los Angeles office back to the Bay Area, where she spent several years serving as Head of Sales for Union Bank’s Private Bank, which included offices in the East Bay, Palo Alto, San Jose, and San Francisco.

"The Bay Area presents a very attractive opportunity for our wealth management offering as evidenced by our existing client base in the region," John Hakopian, President of First Foundation Advisors said. "We now have a physical office from which to better serve the firm’s clients and attract new ones. That, along with the leadership and network contacts that Stasia brings to the team, positions us well for growth.”

Stasia Washington has over 25 years experience in the financial services industry advising high-net-worth individuals and their families, business owners, corporate executives and socially responsible entrepreneurs on the management of their liquid assets, financial planning, estate and tax planning.

Ms. Washington adds: “In addition to expanding the reach of our wealth management offering, we will be supporting the region through our philanthropic initiative, Supporting Our Communities, as well as running our Focus on Women programs for financial literacy and empowerment. We are very excited about the opportunity to provide the resources our clients need to succeed in their financial and personal lives.”

About First Foundation

First Foundation, a financial institution founded in 1990, provides integrated investment management, wealth planning, consulting, trust, insurance, and banking services. The Company is headquartered in Irvine, California with offices in Newport Beach, Pasadena, West Los Angeles, San Diego, Palm Desert and the Imperial Valley in California, in Las Vegas, Nevada and in Honolulu, Hawaii. For more information, please visit our website at www.ff-inc.com.

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