Focus Financial Partners has agreed to acquire Homan Wealth Advisors, an Omaha, Neb.-based registered investment advisor.
Homan Wealth Advisors will be brought into Focus’s Buckingham Strategic Wealth business, which is itself now part of that parent company’s The Colony Group. This is Colony’s first external deal since it merged with Buckingham in May.
As of June, the combined Buckingham/Colony firm had $95 billion in assets. It has 90 locations across 31 states and the District of Columbia.
Last year, Focus was taken private in a sale to private equity firm Clayton, Dubilier & Rice. Since then, executives have been busy cleaning up its sprawling operation, consolidating its 90 independently operated subsidiary practices into a handful of its largest branded firms, including Colony and Kovitz.
Homan, which was founded in 2003 by Richard “Rick” Homan, is not a Focus partner firm. According to its most recent Form ADV, the RIA managed about $271 million in client assets and advised on $120.5 million in retirement plans.
The firm has long partnered with Buckingham, operating on its affiliated wealth management platform, Buckingham Strategic Partners, since its inception.
“As our clients know, for over 20 years, we have leveraged the BSP team’s resources, experience and knowledge to handle our back-office duties,” Homan said in a statement. “This alliance has allowed us the time and space to serve our clients and their unique needs in a personalized manner. As we considered the future of the firm, joining Buckingham Strategic Wealth was a natural next step.”
“This transaction is yet another step in a new era of opportunity for our company,” said Michael Nathanson, the former head of Colony who was named Focus CEO in April. “We believe the combined Buckingham/Colony business presents a differentiated, leading opportunity for both clients and advisors and expect it to achieve rapid growth going forward.”
Terms of the deal, expected to close in the fourth quarter, were not disclosed.
This means, you take one article, and you use the article distribution system. It will generate thousands of unique versions of your article, and publish those unique articles to hundreds of websites that are related to your niche.
Take a look at our comprehensive guide to the best and most popular information ebooks and products available today on Detoxing, Colon Cleansing, Weight Loss and Dating and Romance. They are all in one spot, easy to find and compere to make a quick selection for the product that best fits your needs or wants.
So browse through a category and make your preferred selection and come back here to read more choice articles and get a few more helpful tips on ways to help your enhancement.
As an Amazon Associate I earn from qualifying purchases. “saubiosaubiosuccess.com is a participant in third party affiliate and advertising programs; The Amazon Services LLC Associates Program, Awin network, and other affiliate advertising programs are designed to provide a means for sites to earn advertising fees and commissions by advertising and linking to products on other sites and on Amazon.com. Amazon and the Amazon logo are trademarks of Amazon.com, Inc, or its affiliates.”
We use anonymous cookies and various 3rd-party services to optimise and to offer you a better, more personalised, browsing experience with advanced accessibility enhancements.
Dismiss
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
