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Focus Financial takes stake in $677 million Missouri RIA

Focus-financial-takes-stake-in-$677-million-RIA

Hill Investment Group in St. Louis, which was founded in 2005, becomes its latest partner firm.

New York-based Focus Financial Partners is taking an undisclosed equity stake in Hill Investment Group, a registered investment adviser managing $677 million.

[More: Focus unit to acquire British planning firm]

Hill, founded in 2005 by Rick Hill and Matt Hall, is headquartered in St. Louis. The transaction is expected to close later in the first quarter.

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