Focus Financial Partners Helps Former Wells Fargo Advisors Launch GYL Financial Synergies
New York, NY- August 1, 2016 – Focus Financial Partners (‘Focus’), a leading partnership of independent, fiduciary wealth management firms, today announced the launch of GYL Financial Synergies (‘GYL,’), formerly Goldberg, Yolles & Lepore, a registered investment advisor based in West Hartford, Connecticut. GYL is led by former Wells Fargo advisors Gerald B. Goldberg, Jonathan S. Yolles, Michael J. Lepore and Claire F. McDonald. Joining Focus as a partner firm on August 1, 2016, GYL was launched with the help of Focus Independence, a program designed to help advisory teams successfully launch their independent wealth management businesses.
The principals spent over 15 years working together at Wells Fargo and its predecessors. In 2014, they formed Goldberg Yolles and Lepore, LLC and became part of Wells Fargo Advisors Financial Network (‘FiNet’), an independent brokerage arm of Wells Fargo Advisors. During this time, the team established its reputation as one of the top-tier wealth advisors for high net-worth clientele.
Following its move to independence with the help of Focus, GYL will continue to offer a comprehensive suite of wealth management services and highly customized solutions with expanded access to investment managers and multiple platforms for both institutional and private clients. Mr. Goldberg will serve as CEO, Mr. Yolles as CIO, and Mr. Lepore and Ms. McDonald as Senior Managing Directors.
“Our guiding principle has always been to put our clients’ interests first. Establishing GYL as an independent RIA puts us in the best position to provide objective advice, expanded access to best-in-class investment options and excellent service to our clients,” said Gerald Goldberg, CEO and Co-Founder of GYL. “We are very excited to work with Focus, a firm known for supporting entrepreneurial RIA firms. The access to resources and capital we will have as a part of the Focus partnership will enable us to grow our new firm, both organically and through M&A transactions.”
“The founding mission of the Focus Independence program is to help elite advisors fully realize their entrepreneurial potential and serve in the clients’ best interests,” said Chris Dupuy, President of Focus Independence. “GYL’s long standing commitment to excellent client services and their drive to grow makes them a natural fit for Focus.”
About Focus Financial Partners
Focus Financial Partners is a leading partnership of independent, fiduciary wealth management firms. 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 operational independence, while they benefit from the synergies, scale, economics and best practices of the market leader to achieve their business objectives. For more information about Focus Financial Partners, please visit www.focusfinancialpartners.com.
About GYL Financial Synergies
Based in West Hartford, Connecticut, GYL Financial Synergies is an independent fiduciary registered investment advisor firm. The firm offers comprehensive wealth management services for individuals, families and institutions. For more information, please visit www.gylfinsyn.com.
Focus Financial Partners
Daijing Lin, email@example.com/+1 646 775 6412