Kirby Hamilton
Focus Financial takes $1.3 billion stake in The Colony GroupPosted by RJ and Makay on Sep 21, 2011 |
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Focus Financial Partners said Tuesday that it has added RIA firm The Colony Group, with its $1.3 billion in assets, to its partnership. The deal, which becomes effective on October 1, marks the fourth such transaction this year for Focus Financial and 19th since the firm’s inception. It will bring Focus’ assets under management up to $45 billion.
