Westchester-based investment advisor The Portfolio Strategy Group has joined Focus Financial Partners, a group of independent wealth management firms approaching $60 billion in client assets.
With over $1 billion in client assets, PSG provides investment management solutions to more than 200 clients throughout the U.S.
“We are excited to bring this high quality investment advisor into the Focus partnership and expand our presence in the very attractive and under-penetrated New York market,” said Rudy Adolf, founder and CEO of Focus. “PSG’s investment management expertise will be a resource to other partners and will strengthen our ability to serve clients. Through the addition of such firms as PSG, 2012 has been another successful year for Focus and we look forward to continuing our momentum into 2013.”
In addition to the $1 billion in client assets from PSG, Focus added another $13 billion in client assets in 2012.
Focus provides wealth management, benefit and investment consulting services to individuals, families, employers and institutions.