Focus Financial Partners announced Monday that Michael Nathanson, CEO of The Colony Group, which Focus acquired in 2012, will serve in the newly created role of president of Focus. Mitch Kovitz, founder and co-chief investment officer of Kovitz, another partner firm, will serve as vice chairman of Focus.
Focus said that Nathanson and Kovitz will continue in their current positions with their respective firms.
“These appointments are not just about filling positions; they are about bringing in fresh, dynamic perspectives to our leadership team,” Dan Glaser, chairman and interim CEO at Focus, said in a statement. “We are committed to evolving and embracing new ideas, ensuring that Focus Financial Partners remains at the forefront of the financial services industry.”
Focus has seen some changes in top leadership since it was acquired last August by funds affiliated with private equity firms Clayton Dubilier & Rice and Stone Point Capital.
In October, Rudy Adolf, the company’s founder and CEO, announced he was retiring. He was replaced as interim CEO by Glaser, who in addition to serving as chairman of the company’s board is a partner at Clayton Dubilier & Rice.
Elsewhere in Utah, Raymond James also welcomed another experienced advisor from D.A. Davidson.
A federal appeals court says UBS can’t force arbitration in a trustee lawsuit over alleged fiduciary breaches involving millions in charitable assets.
NorthRock Partners' second deal of 2025 expands its Bay Area presence with a planning practice for tech professionals, entrepreneurs, and business owners.
Rather than big projects and ambitious revamps, a few small but consequential tweaks could make all the difference while still leaving time for well-deserved days off.
Hadley, whose time at Goldman included working with newly appointed CEO Larry Restieri, will lead the firm's efforts at advisor engagement, growth initiatives, and practice management support.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
