First Republic Signs $17-Million Mega Producer from Morgan Stanley in California – AdvisorHub

Cheryl L. Young, whose team is based in Los Gatos, gave notice on Monday and is expected to officially join First Republic following a 90-day “garden leave” transition period that had been required by her employment agreements, the sources said. She had been generating around $17 million in annual revenue with a $2 billion book focused on wealthy Silicon Valley clients, according to two sources familiar with her practice.

Source: First Republic Signs $17-Million Mega Producer from Morgan Stanley in California – AdvisorHub