Focus Financial exercises ‘option’ to buy breakaway-broker firm
Focus Financial Partners, which recently completed a $50 million recapitalization to meet debt obligations and revive its business of buying interests in wealth management firms, has agreed to acquire LLBH Group Private Wealth Management as a full partner firm.
Focus Financial Partners, which recently completed a $50 million recapitalization to meet debt obligations and revive its business of buying interests in wealth management firms, has agreed to acquire LLBH Group Private Wealth Management as a full partner firm.
LLBH, founded in October 2008 by four
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