Focus Partner Buckingham Boosts Its National Presence
New York, NY – July 26, 2017 – Focus Financial Partners (‘Focus’), a leading international partnership of independent, fiduciary wealth management firms, today announced that its St. Louis-headquartered partner firm Buckingham Strategic Wealth (‘Buckingham’) merged with two independent registered investment advisory firms, Focus Wealth Management and WIN Wealth Management. The deals, which closed on July 1, 2017, will grow Buckingham’s national footprint and geographic reach, extending to a total number of 17 office locations. Following the close of the transactions, both firms will assume the Buckingham name.
Focus Wealth Management (Fairfax and Middleburg, Virginia)[*]: Founded in 2001, the firm is led by Helen Modly, CFP®, CPWA®, who has over 35 years of experience in the investment industry. Similar to Buckingham, Focus Wealth Management provides academically rooted, evidence-based investment management and comprehensive financial planning services to individuals, families and businesses.
WIN Wealth Management (Denver, Colorado): Co-founded in 2003 by Mark Autterson and Mike Winterscheidt, CPA/PFS, and, like Buckingham, WIN Wealth Management provides investment management and comprehensive financial planning services to individuals, families and businesses. Winterscheidt and his team have been associated with Buckingham for 14 years as members of The BAM ALLIANCE, a nationwide community of independent advisory firms that engage BAM Advisor Services, Buckingham’s sister company. Following this transaction, co-founder Mr. Autterson will begin the retirement process, though he will continue to be available for clients during the transition to Buckingham.
“These transactions represent another step in our firm’s strategic efforts to provide ever stronger and more evolved comprehensive wealth management solutions to clients across the country. We are grateful for Focus’ support throughout the various transactions we have completed since 2010,” said David Levin, President at Buckingham. “As a result, our team is positioned to devote more time focusing on what’s important to our clients — their goals and plans for the future — in a way that truly connects their wealth to their values.”
“Buckingham has grown to more than five times its size in a period of seven years – an extraordinary feat. Buckingham demonstrates exemplary efforts in M&A activities that maximize combined resources to strengthen their wealth management capabilities continuously,” said Rudy Adolf, Founder and CEO of Focus. “Seeing our firms grow exponentially through our provision of capital, M&A resources and value-add programs is what the Focus team finds most rewarding in our day-to-day responsibilities.”
About Focus Financial Partners
Focus Financial Partners is a leading partnership of independent, fiduciary wealth management firms. Focus provides superior access to best practices, resources, and continuity planning for its partner firms who serve individuals, families, employers and institutions with wealth management, benefits consulting and investment consulting services. Focus partner firms maintain their operational independence, while they benefit from the synergies, scale, economics and best practices of a market leader to achieve their business objectives. For more information about Focus Financial Partners, please visit www.focusfinancialpartners.com.
About Buckingham Strategic Wealth
Founded in 1994, Buckingham Strategic Wealth helps individuals, businesses, trusts, nonprofits, retirement plans and medical practice owners achieve their most important goals by creating customized, comprehensive, evidence-based financial plans. Its investment philosophy is rooted in an academic approach tailored to address each client’s distinct willingness, ability and need to accept market risk. As a registered investment advisory firm, Buckingham operates under a fiduciary obligation to its clients. The firm’s investment approach centers on modern portfolio theory implemented through passively managed mutual funds and the firm’s fixed income portfolio design and execution capabilities. Headquartered in St. Louis, Buckingham has offices in Dallas, Denver, Houston and Indianapolis, as well as Bourbonnais, Illinois; Burlington, Iowa; Casper, Wyoming; Lincoln, Nebraska; Scottsdale, Arizona; Short Hills, New Jersey; Wyomissing, Pennsylvania; Fairfax and Middleburg, Virginia; and Irvine, Palo Alto and Santa Rosa, California. Additional information can be found at www.buckinghamadvisor.com.
[*] Focus Wealth Management had no prior relationship with Focus Financial Partners before the merger with Buckingham.
Phone: +1 646-775-6412