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New Deal


Announced

Focus Financial Partners to acquire FourThought Private Wealth.

Synopsis

Focus Financial Partners, a partnership of independent, fiduciary wealth management firms, agreed to acquire FourThought Private Wealth, a registered investment adviser firm. Financial terms were not disclosed. "Helping our clients define their individual objectives and translate those into detailed goals, and ultimately peace of mind, are central to our approach. Peace of mind can only be obtained through diligent, holistic planning which we believe is an iterative and ongoing process. As we thought about how best to continue FourThought's evolution, it became clear that Focus was the premier strategic partner. We believe Focus is best positioned to help us enhance our client service capabilities and grow our business, while allowing us to retain the independent thought leadership that has been so central to our success as a firm," Scott Pinkerton, FourThought Senior Planner and Managing Partner.

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