Sattar will be based in First Republic's offices in Newport Beach and in San Diego, where she will manage the firm’s private banking and wealth management services to high net worth individuals, foundations and endowments.

Sattar was most recently a wealth management regional director for Union Bank in Los Angeles, and a private banking regional director for Wells Fargo/Wachovia in Orange County, San Diego and Los Angeles, CA.

Aside from private banking, First Republic offers trust, investment consulting and advisory services from its offices in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach, San Diego, Portland, Boston, Greenwich, Palm Beach and New York City.

In other recent news, total wealth management assets at First Republic soared 61 per cent from $23.3 billion in the second quarter of 2012 to $37.4 billion at end-June 2013, when the firm revealed its quarterly results for the second quarter of 2013.