Focus Financial has taken a stake in a newly formed family office that also aims to provide "customized family wealth strategies" to other teams serving the ultrahigh-net-worth market.

Flynn Family Office, based in New York, was created to serve ultrahigh-net-worth families and individuals and their advisors. Partners Rick Flynn and Evan Jehle founded the firm after leaving their positions as principals at Rothstein Kass Family Office Group, also in New York.

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