Focus Financial Partners Named by Crain’s New York Business a "Fast 50 …


NEW YORK, Jun 28, 2012 (BUSINESS WIRE) —
Focus Financial Partners, LLC (“Focus”), the largest partnership of
independent wealth management firms, with over $50 billion in assets,
today announced that Crain’s New York Business has recognized it
as one of the 50 fastest-growing companies in the New York area.

The “Fast 50” winners are privately held companies with at least $20
million in 2011 revenue ranked by revenue growth from 2008 — 2011. Focus
achieved 36 percent growth over three years, and 2011 revenue of $179.6
million.

“The recognition of our steady and robust growth reflects the success of
our careful stewardship of our partner firms and in turn, their clients’
interests. Our partners provide customized independent wealth management
services in a growing market that seems keen on a new model rather than
that of traditional brokerage wire houses,” said Rudy Adolf, founder and
CEO of Focus Financial Partners. “The partner firms of Focus Financial
should be proud of this award, and I congratulate them for the vital
role they play in our shared growth and success.”

One of the firm’s most notable recent expansion efforts was a $320
million credit facility that it closed on earlier this year. In May,
Focus helped to bring an agreement to fruition for its partner firm, The
Colony Group (“Colony”), and Mintz Levin Financial Advisors (“MLFA”)
under which MLFA merged with and into Colony. Combined, the two firms
have client assets of approximately $2.5 billion.

With 24 Registered Investment Advisor (RIA) partner and affiliate firms,
Focus is the leading partnership of elite, independent RIAs that serve
wealthy individuals, families, employer retirement programs and
institutions.

For more information about the Crain’s New York Business “Fast
50” list, visit
www.crainsnewyork.com .

About Focus Financial Partners

Founded in 2006, Focus Financial Partners, LLC, is the leading
international partnership of independent, fiduciary wealth management
firms. With over $50 billion in assets and 750 employees, including 100
partners, Focus provides wealth management, benefit and investment
consulting services to individuals, families, employers and
institutions. Clients benefit from Focus’s independence, unrivaled
access and continuity. Focus principals maintain their entrepreneurial
independence, benefit from the synergies, scale, economics and best
practices of the market leader and achieve an eventual, smooth ownership
transition. For more information, please visit
www.focusfinancialpartners.com .

SOURCE: Focus Financial Partners, LLC



        
        FTI Consulting 
        Kim O'Halloran, 312.553.6733 
        kim.ohalloran@fticonsulting.com
        


Copyright Business Wire 2012

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Thursday, June 28th, 2012 EN

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