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First Western Financial Priced, Nasdaq: MYFW

Denver, CO-based bank and wealth manager for high net worth individuals.

Industry: Financials

First Day Return: +3.7%

First Western Financial is a financial holding company founded in 2002 and headquartered in Denver, Colorado. We provide a fully integrated suite of wealth management services including banking, trust and investment management products and services. We target entrepreneurs, professionals and high-net worth individuals, typically with $1.0 million-plus in liquid net worth, and their related philanthropic and business organizations. We offer our services through a branded network of boutique private trust bank offices, strategically located in affluent and high-growth markets across Colorado, Arizona, Wyoming and California. Our profit centers, comprised of private bankers, lenders, wealth planners and portfolio managers, are also supported by teams providing management services such as operations, risk management, credit administration, technology support, human capital and accounting/finance services. As of March 31, 2018, we have expanded our footprint into nine full service profit centers, two mortgage loan production offices, two trust offices, and one registered investment advisor located across four states. As of March 31, 2018, we have $991.6 million in total assets, $14.7 million in gross revenues and provide fiduciary and advisory services on $5.4 billion of AUM.

First Western Financial (MYFW) Performance

Created with Highcharts 10.3.2Chart context menuMYFW vs. IPO Index (IPOUSA)Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 20250%+ 100%+ 200%-100%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index