Article: Santa Monica draws plethora of financial tenants. (Banking & Finance Special Report)

Oceanside community becoming 'Wall Street West'

"The People's Republic of Santa Monica is old hat...Santa Monica is quietly becoming a financial center in Southern California."

So declares Joseph Di Lillo, chairman and CEO of Drake Capital, a Santa Monica-based investment advisory firm. And a quick address check supports that assertion. Several heavy hitters in the financial community -- Strome, Suskind & Co., Wilshire Associates, Geico Funds, Dimensional Fund Advisors and others -- have set up shop within the eight square miles of oceanside real estate known as Santa Monica.

"It's not the day when the big banks need big towers for their corporate ...

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