IRVINE, CA--(Marketwire - January 3, 2011) -  First Foundation announced today it has opened a third office in La Quinta, Calif., to provide a full range of business and personal lending and other non-deposit services for residents living in the greater desert area who appreciate one-on-one service provided by a "Private Banker." First Foundation's private bankers are highly trained and experienced local citizens who provide a single point of contact in accessing First Foundation's extensive financial service offerings. 

 "The opening of this office continues the firm's goal to provide businesses and individuals high quality banking and financial services delivered with the personal touch that First Foundation is known for in the greater Orange and Los Angeles areas," said Scott Kavanaugh, chief executive officer of First Foundation, which also has offices in Irvine and Pasadena, Calif.

The La Quinta office will be managed by Haddon Libby, senior vice president, director-desert region. As a resident of the desert for over 10 years, Libby is an integral part of the community having previously worked at El Paseo Bank and Bank of America's Private Bank. He also serves on the Board of Directors for The Living Desert and the La Quinta Arts Foundation. Previously, he has served on the Palm Springs Film Festival and Palm Springs Women in Film and Television Boards of Directors. 

The office provides Coachella Valley businesses and individuals seeking personalized relationship oriented services access to First Foundation's investment management, wealth planning, consulting, trust and lending services. This new office will also serve as a comfortable private meeting place for other First Foundation relationship managers and private bankers from other locations to meet and discuss with their financial needs with their clients maintaining second homes in the desert.

The office is located in Old Town La Quinta at 78-100 Main Street, Suite 202, La Quinta, California, 92235. Libby can be reached at (760) 777-1700.

About First Foundation Inc. 

First Foundation is a 20-year-old financial institution that provides integrated investment management, wealth planning, consulting, trust and banking services. For more information, visit

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