Our team regularly reads articles from industry peers and trusted resources to stay up to date on financial markets. We enjoy reading about topics related to economics, investments, current events, and financial planning.
In addition to circulating some of the best pieces internally, we thought our clients, partners, and friends might enjoy reading some of the same articles as us.
Here are 9 recent pieces that our team members have read, along with some commentary on why we found the respective articles interesting.
Focus Strengthens Presence in the Chicago Area with Addition of $1.4 Billion RIA
November 10, 2014
NEW YORK / CHICAGO — Focus Financial Partners, LLC, the largest partnership of independent wealth management firms, today announced that Strategic Wealth Partners, an independent RIA based in Deerfield, Illinois, has joined the Focus partnership as of November 1st. With over $1.4 billion in assets under advisement, Strategic Wealth Partners is one of the largest and most successful RIAs in the greater Chicagoland area, providing highly customized investment management and financial planning services to clients.
“We are thrilled to welcome Strategic Wealth Partners to our partnership. Their dedication to client-centric service and their desire to grow make them an excellent fit for our growing partnership of entrepreneurial firms,” said Rudy Adolf, founder and CEO of Focus. “Focus has successfully completed 17 merger transactions on behalf of our partner firms this year, adding billions in new assets; given the highly fragmented nature of the Chicago RIA market, we see tremendous potential for Strategic Wealth Partners to further establish a regional presence in and around Chicago,” said Vamsi Yadlapati, Managing Director at Focus.
Founded in 2008, Principals David J. Copeland and Neal H. Price each have over 25 years of financial planning and investment advisory experience. Strategic Wealth Partners has grown to become one of the most successful RIAs in the greater Chicago area by focusing on comprehensive wealth management services to high net worth clients and small institutions and today includes 14 other employees. In 2014 the firm was named a Financial Times Top 300 RIA and has been recognized by Financial Advisor Magazine’s RIA Survey & Ranking six years in a row.
“We are delighted to partner with a firm that can help us maintain our acute focus on client service, while simultaneously deploying capital and deal expertise to grow through strategic acquisitions,” said Neal Price Co-Founder of Strategic Wealth. “We ultimately decided that Focus was the right partner for us based upon their stellar track record of providing unparalleled access to capital and growth support, particularly on their ability to attract additional bench strength to our firm,” said David Copeland, Co- Founder of Strategic Wealth.
About Focus Financial Partners
Founded in 2006, Focus Financial Partners, LLC is the leading international partnership of independent, fiduciary wealth management firms. With more than $300 million in annual run rate revenues, Focus provides unrivaled access to best practices, resources, and continuity planning for its partner firms who serve individuals, families, employers and institutions with wealth management, benefit and investment consulting services. Focus partner firms maintain their entrepreneurial independence, while they benefit from the synergies, scale, economics and best practices of the market leader to achieve their business objectives. Focus was included on Inc. magazine’s 5000 ranking of the nation’s fastest-growing private companies in 2011 and 2010. In 2012, Focus was named a Crain’s New York Business “Fast 50” growth firm in New York City. For more information about Focus Financial Partners, please visit www.focusfinancialpartners.com.
About Strategic Wealth Partners
Based in Deerfield, Illinois, Strategic Wealth Partners advises on more than $1.4 billion in client assets for high net worth individuals and institutions. David Copeland and Neal Price founded Strategic Wealth Partners in 2008 from their passion to eliminate conflicts and provide their clients with the highest quality of independent advice. The firm provides customized financial planning and investment advisory services to their clientele. In 2014 the firm was named a Financial Times Top 300 RIA and has been recognized by Financial Advisor Magazine’s RIA Survey & Ranking six years in a row. For more information, please visit https://www.stratwealth.com/.
