RCS - Focus Financial - Footprint in Australia

Focus Financial PartnersAnnouncement

01/10/2021 07:00

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RNS Number : 6969N  Focus Financial Partners  01 October 2021

MISSO Wealth Management To Join Focus Partner Firm Connectus Wealth Advisers,
Continuing Connectus' Momentum and the Expansion of its Ultra-High Net Worth
Footprint in Australia

 New York, 09/30/2021 / 16:05, EST/EDT - EQS Newswire - Focus Financial
 Partners

 NEW YORK, NY / ACCESSWIRE / September 30, 2021 / Focus Financial Partners Inc.
 (https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=80e598a8af92f9b3a8443a935c0dd14b&application_id=1237380&site_id=news_data&application_name=news)
 (NASDAQ:FOCS) ("Focus"), a leading partnership of fiduciary wealth management
 firms, announced today that it has entered into a definitive agreement under
 which MISSO Wealth Management
 (https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=a13f1957a8fed6c16c909770e7a65bc3&application_id=1237380&site_id=news_data&application_name=news)
 ("MISSO"), a boutique wealth management firm headquartered in Brisbane,
 Queensland, will join Connectus Wealth Advisers
 (https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=b10eaad878063299851a342e9b09f6ff&application_id=1237380&site_id=news_data&application_name=news)
 ("Connectus"). This transaction is expected to close in the fourth quarter of
 2021, subject to customary closing conditions.

 Founded in 2001 by Jason Misso, MISSO serves high and ultra-high net worth
 individuals in Queensland and throughout Australia, with a specific focus on
 executives, business owners and self-employed professionals. Through a core
 emphasis on quality advice and transparency, MISSO delivers strategic advice
 through a holistic approach that is tailored to each client's specific needs
 and objectives. Key services include financial advice and planning, investment
 management, family office services, superannuation, estate and family
 succession planning, insurance advice and liability management.

 "Joining Connectus will position us to expand the value proposition we offer
 our clients while maintaining our approach to providing unconflicted advice
 and our boutique culture," said Jason Misso, Founder of MISSO. "The array of
 client service tools and resources that Connectus provides will enable us to
 create a much richer client experience. Leveraging Connectus' shared resources
 will allow us to not only devote more time to our passion, which is serving
 our clients, but also to accelerating the growth of our business. We are
 excited by the prospect of Connectus helping our business evolve in a way that
 we could not have achieved on our own."

 "We extend a very warm welcome to the MISSO team as the sixth addition to the
 Connectus family in Australia and the third addition in Brisbane since
 Connectus entered the Australian market late last year," said Rajini Kodialam,
 Co-Founder and Chief Operating Officer of Focus. "MISSO further deepens
 Connectus' presence in the ultra-high net worth client segment in Australia
 and will bring differentiated expertise in serving this clientele to the
 Connectus consortium. We are thrilled with Connectus' continued growth and
 momentum in Australia, which reinforce the benefits of Connectus' growing
 scale and the value of the sophisticated resources it offers its firms, while
 enabling them to maintain the boutique cultures that made each of them so
 successful prior to joining Connectus."

 About Focus Financial Partners Inc.

 Focus Financial Partners Inc. is a leading partnership of fiduciary wealth
 management firms. Focus provides access to best practices, resources and
 continuity planning for its partner firms who serve individuals, families,
 employers and institutions with comprehensive wealth management services.
 Focus partner firms maintain their operational autonomy, while they benefit
 from the synergies, scale, economics and best practices offered by Focus to
 achieve their business objectives. For more information about Focus, please
 visit www.focusfinancialpartners.com
 (https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=16141d62a0811af3e58877bcdcab3f66&application_id=1237380&site_id=news_data&application_name=news)
 .

 About Connectus Wealth Advisers

 Connectus is a Focus partner firm with an innovative model for client-centric
 financial advisers who deliver comprehensive wealth management advice.
 Connectus is designed for founders and teams who want to continue managing
 their client relationships and maintaining their boutique cultures while
 gaining the operational efficiencies 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
 robust lead generation and organic growth programs. Connectus exemplifies the
 spirit of partnership and collaboration yet celebrates the entrepreneurial
 mind-set of its advisers.

 Through Focus, Connectus advisers gain a strategic growth partner with
 specialized capabilities. They benefit from Focus' global scale and extensive
 network of partner firms, continuity planning expertise and client solutions.
 Focus is also a source of permanent capital to accelerate growth. For more
 information, please visit www.connectuswealth.com
 (https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=4592c7966a898c74c8e2dd7672db93c6&application_id=1237380&site_id=news_data&application_name=news)
 .

 Cautionary Note Concerning Forward-Looking Statements

 This release contains certain forward-looking statements that reflect Focus'
 current views with respect to certain current and future events. These
 forward-looking statements are and will be, subject to many risks,
 uncertainties and factors relating to Focus' operations and business
 environment, including, without limitation, uncertainty surrounding the
 current COVID-19 pandemic, which may cause future events to be materially
 different from these forward-looking statements or anything implied therein.
 Any forward-looking statements in this release are based upon information
 available to Focus on the date of this release. Focus does not undertake to
 publicly update or revise its forward-looking statements even if experience or
 future changes make it clear that any statements expressed or implied therein
 will not be realized. Additional information on risk factors that could affect
 Focus may be found in Focus' filings with the Securities and Exchange
 Commission.

 Investor and Media Contacts

 Tina Madon

Senior Vice President

Head of Investor Relations & Corporate Communications

Focus Financial Partners

P: +1-646-813-2909
 tmadon@focuspartners.com (mailto:tmadon@focuspartners.com)

 Charlie Arestia

Vice President

Investor Relations & Corporate Communications

Focus Financial Partners

P: +1-646-560-3999
 carestia@focuspartners.com (mailto:carestia@focuspartners.com)

 SOURCE: Focus Financial Partners

 09/30/2021 EQS Newswire / EQS Group AG

 

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