A $525M AUM adviser joins Focus Financial Partners

Twelve-year-old shop becomes third Georgia-based firm to join the rollup, which has its eyes on the Southeast.
AUG 24, 2015
A Georgia-based advisory firm with a reported $525 million in assets under management has joined forces with Focus Financial Partners, making it the third Georgia-based firm to partner with Focus in the past year. Financial advisers Jimmy Patton, Marc Albertson and Bill Miller announced that their firm — known as PAM — began their partnership with Focus on Oct. 1. “The Southeast region will continue to be an important geographic market for Focus and we are thrilled to add another high quality firm to the Focus family,” said Rudy Adolf, founder and CEO of Focus. (More: Focus Financial takes stake in $1 billion wealth adviser) Focus also partnered with Gratus Capital, in Atlanta, in October 2014 and the Savannah-based Fiduciary Group in April 2015. According to its website, PAM is an independent, fee-only wealth management, investment and financial planning firm, founded in 2003 by Mr. Patton, Mr. Albertson and Mr. Miller. The advisers provide services to affluent investors on how to manage daily finances and investments, as well as long-term planning strategies for individuals and families. The three advisers met at SunTrust Bank where they each held executive management positions. Mr. Patton worked for SunTrust Bank for 23 years, Mr. Albertson for 42 years and Mr. Miller for eight.

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