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NEW YORK, NY / ACCESSWIRE / June 28, 2021 / Focus Financial Partners inc. (NASDAQ: FOCS) (“Focus”), a leading partnership of trust management companies, today announced that Connectus Wealth Advisors (“Connectus”) has entered into a definitive agreement under which the George Ferizis Group (“Ferizis”) will join Connectus. This transaction is expected to be finalized in the third quarter of 2021, subject to customary closing conditions.

Ferizis is a full service wealth management and accounting firm located in Bankstown, New South Wales. Since 1979 Ferizis has specialized as a trusted advisor to small businesses and their owners, providing integrated advice through a team approach. Ferizis offers its clients a wide range of wealth management services, including financial planning, investment and credit management solutions, as well as accounting and tax compliance, business structuring and advisory services.

“Connectus is an ideal strategic partner that will allow us to maintain our close approach to customers while ensuring long-term continuity and succession planning for the company,” said George Ferizis, Founder and Director of Ferizis. “Joining such a highly collaborative consortium is an exciting new phase for our company. We look forward to leveraging Connectus’ value-added resources to drive growth and deliver better results for our customers. “

“We are very happy to welcome Ferizis to the Connectus family,” said Rajini Kodialam, co-founder and COO of Focus. “As the fifth company to join Connectus since entering the Australian market at the end of last year, and the eighth Connectus company globally, Ferizis is highly respected for its specialist expertise and has a solid track record in growth and exceptional customer service. It will offer Connectus significant depth in its fiscal and accounting capabilities, while expanding its presence in the Sydney metropolitan area. “

Colin Simkin of ATL Network acted as corporate advisor to Ferizis.

About Focus Partenaires Financiers inc.

Focus Financial Partners Inc. is a leading partnership of trust management companies. Focus provides access to best practices, resources and continuity planning for its partner firms that provide individuals, families, employers and institutions with comprehensive wealth management services. Focus’s partner companies maintain their operational autonomy, while benefiting from the synergies, scale, economy and best practices offered by Focus to achieve their business objectives. For more information on Focus, please visit www.focusfinancialpartners.com.

About Connectus

Connectus is a Focus partner company with an innovative model for client-centric financial advisers who provide comprehensive wealth management advice. Connectus is designed for founders and teams who want to continue to manage their customer relationships and maintain their store cultures while gaining the operational efficiency of shared services. As a consortium, Connectus offers integrated technology, investment support and centralized services, including compliance, accounting and talent management. Connectus also provides marketing capabilities to support business expansion through strong lead generation and organic growth programs. Connectus illustrates the spirit of partnership and collaboration while celebrating the entrepreneurial spirit of its advisors.

Through Focus, Connectus advisors obtain a strategic growth partner with specialized capabilities. They benefit from Focus’s global reach and extensive network of partner companies, expertise in business continuity planning and customer solutions. Focus is also a source of permanent capital to accelerate growth. For more information, please visit www.connectuswealth.com.

Caution regarding forward-looking statements

This press release contains certain forward-looking statements that reflect Focus’s current views regarding certain current and future events. These forward-looking statements are and will be subject to numerous risks, uncertainties and factors relating to Focus’s operations and business environment, including, without limitation, the uncertainty surrounding the current COVID-19 pandemic, which may lead to significantly different future events. of these forward-looking statements or anything implied therein. All forward-looking statements contained in this press release are based on information available to Focus as of the date of this press release. Focus does not undertake to publicly update or revise its forward-looking statements, even if experience or future changes clearly indicate that the statements expressed or implied will not be made. Additional information on risk factors that could affect Focus can be found in the documents filed by Focus with the Securities and Exchange Commission.

Investor and media contact

Tina Madon
Senior Vice President
Head of Investor Relations & Corporate Communication
Focus Financial Partners
Phone. : + 1-646-813-2909
[email protected]

SOURCE: Focus Financial Partners inc.

See the source version on accesswire.com:
https://www.accesswire.com/653366/George-Ferizis-Group-to-Join-Focus-Partner-Connectus-Wealth-Advisors-Further-Accelerating-Connectus-International-Growth-and-Expansion-in-Australia