Focus Partner Firm FFO Expands with Two Mergers

- FFO Opens New Office in California and Strengthens Tax Expertise -

NEW YORK--()--Focus Financial Partners, LLC (‘Focus’), the leading international partnership of independent, fiduciary wealth management firms, today announces that its partner firm FFO, a premier multi-family office and business management firm serving ultra-wealthy individuals, families and their advisors, completed two merger deals as of September 1, 2015. These mergers, the first deals for FFO since its launch in 2014, will almost double the firm’s size and enhance its ability to serve its clients, making it a premier bi-coastal multi-family office and business management firm in the United States.

“From the very beginning we have had tremendous confidence in the success of the family office model and we believe these mergers will help FFO further enhance its offering to ultra-high-net-worth clients and accelerate its growth to fully benefit from the market opportunity”

“We have known both firms for several years and our shared entrepreneurial spirit and dedication to client services made this a natural decision on all sides,” said Rick Flynn, managing partner at FFO. “Our partnership with Focus has been instrumental to our success over the past year and the growth we’ve achieved made possible by the strong foundations they have helped us put in place, along with access to capital and M&A expertise they’ve provided us. We are proud to work alongside an entrepreneurial, growth-focused firm like Focus.”

“From the very beginning we have had tremendous confidence in the success of the family office model and we believe these mergers will help FFO further enhance its offering to ultra-high-net-worth clients and accelerate its growth to fully benefit from the market opportunity,” said Rudy Adolf, founder and CEO of Focus.

Joseph McNulty joins FFO as Partner, from The McNulty Group, a New York-based family office that specializes in tax advisory services and accounting. Mr. McNulty and his team will advise FFO clients on strategic tax solutions while continuing to serve their existing clients, who will in turn benefit from expanded services offered by FFO. The merger will not only strengthen FFO’s tax offering, but will also continue to expand the firm’s brand among professional sports players, owners and teams.

Lawrence Rudolph joins FFO as Executive Director, from Capell Rudolph, a renowned business management firm in Los Angeles. In his new role, Mr. Rudolph will lead FFO’s operations and business development activity in California, driving the firm’s efforts to grow its existing footprint in California. Mr. Rudolph provides a wide range of business management and family office services to a select group of high net worth individuals in the entertainment industry. Additionally, this merger fortifies Mr. Rudolph’s ability to best serve his clients by adding additional resources and expertise.

About Focus Financial Partners, LLC

Focus Financial Partners, LLC, is the leading international partnership of independent, fiduciary wealth management firms. With well over $325 million in annual revenues, Focus provides unrivaled access to best practices, resources, and continuity planning for its partner firms who serve individuals, families, employers and institutions with wealth management, benefit and investment consulting services. Focus partner firms maintain their entrepreneurial independence, while they benefit from the synergies, scale, economics and best practices of the market leader to achieve their business objectives. Focus was included four times on Inc. magazine’s Top 500/5000 ranking of the nation’s fastest-growing private companies in 2010, 2011, 2014 and 2015. In 2012, Focus was named a Crain’s New York Business “Fast 50” growth firm in New York City. For more information about Focus Financial Partners, please visit www.focusfinancialpartners.com.

About FFO

FFO is a premier multi-family office serving ultra-wealthy individuals, families and their advisors. Its award-winning team of dedicated family office, accounting and advanced planning specialists puts the family in focus to create adaptable and scalable solutions that allow clients to more fully enjoy the benefits of exceptional wealth. FFO family office solutions and services align financial and lifestyle objectives, allowing all major decisions to be made with respect to defined family values.

As pioneers of the Outsourced Single-Family Office, Outsourced Multi-family Office, Celebrity Family Office, Virtual Family Office and Outpost Family Office models, the FFO team has been at the forefront of sector innovation for more than a decade. Core capabilities are supported by proprietary systems and technologies and are enhanced by an extensive network of elite service provider relationships. Customized solutions and an unmatched reputation for privacy and discretion allow FFO to partner with dynamic and sophisticated segments of the ultra-wealthy community, including billionaires, entrepreneurs, athletes, artists and entertainers. FFO was the recipient of the “Best New Entrant” and “Best Brand Launch/Re-Launch” for 2015 by Family Wealth Report, a leading industry publication in the family office space. For more information about the firm please visit http://ffollc.com/.

Contacts

Media:
FTI Consulting
Danielle Fornabaio, 212-850-5731
danielle.fornabaio@fticonsulting.com