Sapient was launched as an independent RIA last year, and has more than $500 million assets under management. The firm’s leadership team, Greg Erwin, Alan Rexius, and King Martin, previously worked together at Morgan Stanley Smith Barney; the group reports it has transitioned over 95% of its former clients. Their clients include high-net-worth individuals, families, and institutions throughout the Pacific Northwest.
Sapient is the fourth partner to join Focus and the 8th deal (including sub-acquisitions) made by the firm in 2011 (see “New RIA Firm Opens in Rochester, N.Y.”).
Sapient Private Wealth Management is located in Eugene, Oregon.