IFAM Capital & Focus Financial Partners Prove Going Independent and Growing 25% in the Same Year is Possible

Former UBS Team hits its stride during its first year of operations as an independent RIA

DENVER & NEW YORK--()--IFAM Capital Advisors, LLC (“IFAM”), an Independent Registered Investment Advisor (RIA), today announced the successful completion of its transition process. The group has now joined Focus Financial Partners (“Focus”) as a full partner. As evidence of the team’s successful transition, they increased revenues by 25% compared with their prior year’s production, a tremendous accomplishment during the transition year.

“With Focus as our partner, we maintain our independence and control of the business, while having the benefit of an experienced larger financial partner who can help fuel our growth through mergers and acquisitions”

Founding partners Timothy Kneen and Clayton Hartman are accompanied by 17 team members, which include four additional partners, Daniel Gamache, Brian Sullivan, Alan Beugg, and Wayne Jamerson. They have also added two new practices to their business, led by Don Graubart and Bryce Sowitch. Mr. Graubart brings deep industry experience to the IFAM team and primarily serves high-net-worth clients in the Houston area. Mr. Sowitch principally works with institutional clients and their 401(k) offerings.

“With Focus as our partner, we maintain our independence and control of the business, while having the benefit of an experienced larger financial partner who can help fuel our growth through mergers and acquisitions,” says Mr. Kneen, IFAM’s Co-Founder and Co-Chief Investment Officer.

IFAM will continue to provide comprehensive wealth and investment management solutions to their institutional and high-net-worth clients.

”IFAM’s business was designed around our clients – they always come, first, second, and last,” says Mr. Hartman, IFAM’s other Co-Founder and Co-Chief Investment Officer.

This “client-centric” approach is evidenced by the strategic investments IFAM has already made to their business, designed to enhance the client experience. Another example is the recent addition of Mr. Sowitch, who specializes in the management of defined contribution plans. These additional capabilities have proven to be a perfect compliment to IFAM’s already robust institutional and private client offerings.

IFAM was launched with the support of Focus Connections – a consulting service with a proven record of partnering with independent RIAs formed from leading wirehouse teams. Firms launched under the program benefit from the collective experience of the Focus management team as well as the broader network of independent fiduciary firms that already comprise the Focus partnership. Additionally, the Connections team provides support and consultation during the transition of elite advisors from wirehouses, banks and trusts to existing partner firms.

Launched in 2008, Focus Connections has provided support to numerous leading RIA firms, such as LVW Advisors, LLBH Private Wealth Management, Sapient Private Wealth Management, Beirne Wealth Consulting, Quadrant Private Wealth and several smaller teams and individuals in their move towards independence. As part of Focus Connections’ offering, IFAM worked with an interim COO and an experienced team that provided guidance on a range of start-up issues, including administration, small business infrastructure and, best practices for running an independent RIA.

Chris Dupuy, Managing Director and President of Focus Connections said, “The founders of IFAM represent the true entrepreneurial spirit that Focus looks for in advisors emerging from the wirehouse environment. This team was able to make a smooth transition to independence and take full advantage of the growth potential that comes with running your own RIA.”

“Over the last year, we’ve seen an accelerating trend of sophisticated advisor teams looking to make the move toward an independent, fiduciary-based business model,” said Rudy Adolf, Founder and CEO of Focus Financial Partners. “The IFAM deal further demonstrates this trend, as well as the value of the Focus model for select entrepreneurs. We have a great deal of momentum as we continue into 2015, and are looking forward to another year of growth for the Focus partnership.”

About IFAM Capital

IFAM Capital is an independent Registered Investment Advisor located in Denver, Colorado, Fort Collins, CO and Sioux Falls, SD. Founded in January 2014, a team of experienced financial advisors with 100 years of collective investment experience leads IFAM Capital. IFAM Capital offers financial planning, portfolio management, asset allocation, retirement planning, tax, estate and philanthropic planning, risk management, and multi-generational wealth transfer services to individual and institutional clients. For more information, please visit www.ifamcapital.com.

About Focus Financial Partners

Founded in 2006, Focus Financial Partners, LLC is the leading international partnership of independent, fiduciary wealth management firms. With more than $325 million in annual run rate 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 on Inc. magazine’s 5000 ranking of the nation’s fastest-growing private companies in 2011 and 2010. 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.


FTI Consulting
Courtney Chennells, 212-850-5629