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Denver wealth manager First Western Financial files for a $25 million IPO

June 19, 2018
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First Western Financial, a Denver, CO-based bank and wealth manager for high net worth individuals, filed on Tuesday with the SEC to raise up to $25 million in an initial public offering.

The company was founded in 2002 and booked $58 million in revenue for the 12 months ended March 31, 2018. It plans to list on the Nasdaq under the symbol MYFW. First Western Financial filed confidentially on April 13, 2018. Keefe Bruyette Woods and Stephens Inc. are the joint bookrunners on the deal. No pricing terms were disclosed.