Connectus Wealth Advisers, a registered investment advisory firm owned by Focus Financial Partners, has agreed to acquire a British independent firm, Watterson Financial Planning, that's based in Knutsford, Cheshire.
The deal, which is expected to close this quarter, is the first Focus acquisition in the United Kingdom. The firm currently operates in the U.S. and Australia.
Connectus is a Focus unit that acts as an umbrella RIA for advisers who wish to continue managing client relationships and maintain their boutique cultures, but not handle the operational and infrastructure needs of running an independent RIA firm.
Meanwhile, DPL Financial Partners adds two annuity executives and Prime Capital Financial hires a Mid-Atlantic retirement plan consultant
Andrew Komarow pleaded guilty Thursday in federal court in Hartford to defrauding three financial services companies of close to $3.3 million.
Elsewhere, Cetera picks up a $210 million Connecticut team from MML, while Wells Fargo FiNet adds a San Diego family practice from LPL
Celebrity endorsements, $500M in claimed assets, and a state regulator stepping in.
“We needed to become a more agile and efficient organization,” said American Express CEO Stephen Squeri.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
