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June 3, 2024 at 5:14 AM PDT

Cardinal Point Teams Up with GAVIN Hockey Wealth Specialists

NEW YORK – June 3, 2024 – Focus Financial Partners Inc., a leading partnership of fiduciary wealth management and related financial services firms, announced today that the GAVIN Hockey Wealth Specialists group, including GMG Private Counsel ULC, has combined with Cardinal Point, effective June 1, 2024, to provide expanded financial planning, wealth management, investment, and related services to active and retired professional athletes. GAVIN Wealth & Wellness ULC, which was also part of the GAVIN group and is being renamed Cardinal Point Athlete Advisors as part of this transaction, and Cardinal Point’s professional athlete management team each provide multifamily office and related services to active and retired professional athletes.

The GAVIN team provides customized financial planning, investment, insurance, and business management services to both active and retired professional hockey players. “For more than twenty years, we have been committed to continuously enhancing our customer experience and improving financial outcomes for our clients,” said Stew Gavin, who was the Chairman and Co-Founder of GAVIN Hockey Wealth Specialists and is now a Business Advisor at Cardinal Point. “This transaction brings more tax expertise and broader investment capabilities to our clients, while deepening our leadership in the hockey market.”

Grant Skinner of Cardinal Point remarked, “The business affairs of professional athletes are always evolving and becoming more complex, not only during their careers, but when they transition away from the game. I am thrilled that our clients will be able to benefit from the combined experience of our two firms. The founders of each legacy business have been advising active and retired players in the hockey community since the 1990s.”

The combined firm services approximately 200 active and retired professional hockey players. In addition, Cardinal Point Athlete Advisors clients will be able to utilize Cardinal Point Wealth Management’s portfolio management team. The combined firm oversees almost $2.9 billion of private client assets. Additionally, the leadership team of Cardinal Point Athlete Advisors now includes Matthew Bacchiochi, who was the President and Co-Founder of GAVIN, as Managing Director, and Chris Slawson, who was a Vice President at GAVIN, along with Tyler Skinner, who manages Cardinal Point professional athlete management team.

“We have seen firsthand the benefits of building resources tailored to a dedicated client segment,” said Sukanya Kuruganti, Managing Director, Co-Head of Partnerships and Business Development for Focus. “We are excited to have played a role in this transaction and believe that the collective talent base of Cardinal Point Athlete Advisors positions the firm as a distinct leader in the wealth advisory space for athletes.”

“By combining these two firms, we possess specialized skills, the proper structure and systems, and expanded resources to expand and enhance our services to our clients,” said Matthew Bacchiochi. “We have a steadfast focus on developing and nurturing quality relationships and improving the well-being of professional athletes and their families. This union is purposefully designed to help our clients achieve their goals.”

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About Focus Financial Partners Inc.
Focus is a leading partnership of fiduciary wealth management and related financial services firms. Focus provides access to best practices, greater resources and continuity planning for its affiliated advisory firms, which serve individuals, families, employers and institutions with comprehensive financial services. Focus firms and their clients benefit from the solutions, synergies, scale, economics and best practices offered by Focus to achieve their business objectives. For more information about Focus, please visit www.focusfinancialpartners.com.

About Cardinal Point Capital Management ULC
Cardinal Point is an independent cross-border wealth and business management firm with offices in the United States and Canada. Cardinal Point provides personalized investment, estate, tax, business management and cross-border financial planning solutions to affluent individuals and families located in both the United States and Canada. For more information about Cardinal Point, please visit https://cardinalpointwealth.com/.

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