Billion-Dollar RIA Boosts Focus Financial's Footprint

"Expect more announcements in the future from Focus and others," Furey says, citing strong advisory firm growth and breakaway transitions.

"The market for deals may be on a nice ascent, [which] makes sense given the market demographics. The Focus deals are a testimony to Focus' ability to provide capital," Furey says, and the fact that "their affiliate firms are getting better at acquisitions."

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