Focus Financial Partners has shored up its position as one of the biggest players in the RIA space by adding a $1.4 billion firm in suburban Chicago.
Terms of the transaction for Strategic Wealth Partners, in Deerfield, Ill., were not disclosed. Focus typically pays a combination of cash and stock for an economic stake in its partner firms, says Rudy Adolf, Focus' founder and chief executive.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access