Focus Financial Partners Inc. has acquired a stake in ARS Wealth Advisors, a registered investment advisory firm managing $704 million in St. Petersburg, Florida.
The transaction, details of which were not disclosed, is expected to close in the third quarter.
ARS Wealth, founded in 1997, is led by CEO Tony Anderson and partners Mike Murray and Drew Swenson.
The Reddit trading community's formal comment letter against the proposal is drawing widespread attention across finance and tech circles.
RIA aggregator adds $4.8 billion in client assets across seven states as demand grows for alternatives to traditional succession models.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Shareholder targets FS KKR Capital's directors over alleged portfolio valuation and dividend missteps.
UBS has a history of costly litigation stemming from the sale of volatile investment products.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
