This is Focus Financial’s fourth transaction in 2011; the partnership will become effective October 1, 2011. With its investment in Colony, Focus will grow to $45 billion in assets.
In addition to the firm’s Boston headquarters, Colony has offices in Naples and West Palm Beach, Florida, as well as Washington D.C. By leveraging Focus’ practice and business management expertise, Colony plans to continue to aggressively grow the firm and continue its success into other regions.
Colony provides comprehensive wealth management services, including investment management, tax planning and preparation, as well as corporate advisory services. The firm serves over 800 clients including high-net worth individuals, families, and institutions.
“With over 25 years in the wealth advisory business, Colony is one of the best managed RIAs in the industry, and we are very pleased to welcome them into the Focus partnership. We look forward to working alongside the stellar team at Colony to further scale the firm’s already exceptional wealth management services,” said Michael Paley, Senior Vice President at Focus.