Focus Financial Partners has announced a merger between two of its partner firms, GW & Wade and The Colony Group.
GW & Wade, which managed about $10.4 billion in assets as of December 2023, became part of Focus in 2007. The firm is led by principals Roger Wade and Tim Pinch and will continue to operate under the name GW & Wade at The Colony Group after the merger.
This merger represents Focus Financial Partners' second intra-partnership merger under its new hub strategy. The financial details of the transaction, slated to close in the first quarter of 2024, were not disclosed. The combination of these firms underlines Focus Financial Partners' strategy to consolidate its network of partner firms for enhanced operational efficiency and growth.
To view the press release, click here.
