NEW YORK, NY / ACCESSWIRE / June 28, 2021 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of fiduciary wealth management firms, announced today that Connectus Wealth Advisers ("Connectus") has entered into a definitive agreement under which the George Ferizis Group ("Ferizis") will join Connectus. This transaction is expected to close in the third quarter of 2021, subject to customary closing conditions.

Ferizis is a comprehensive wealth management and accounting firm located in Bankstown, New South Wales. Since 1979, Ferizis has specialized in being a trusted advisor to small businesses and their owners, delivering integrated advice through a team-based approach. Ferizis provides its clients a broad range of wealth management services, including financial planning, investment management and lending solutions, as well as accounting and tax compliance services, business structuring and advice.

"Connectus is an ideal strategic partner that will enable us to maintain our boutique, high-touch approach with clients while locking in long-term continuity and succession planning for the business," said George Ferizis, Founder and Director of Ferizis. "Joining such a highly collaborative consortium is an exciting new phase for our firm. We look forward to leveraging Connectus' value-added resources to drive growth and achieve enhanced outcomes for our clients."

"We are very happy to welcome Ferizis to the Connectus family," said Rajini Kodialam, Co-Founder and Chief Operating Officer of Focus. "As the fifth firm to join Connectus since it entered the Australian market late last year, and Connectus' eighth firm globally, Ferizis is highly respected for its specialized expertise and has a strong track record of growth and exceptional client service. It will offer Connectus meaningful depth in its tax and accounting capabilities, while expanding its presence in the Sydney metropolitan area."

Colin Simkin of ATL Network acted as corporate advisor to Ferizis.

About Focus Financial Partners Inc.

Focus Financial Partners Inc. is a leading partnership of fiduciary wealth management firms. Focus provides access to best practices, resources and continuity planning for its partner firms who serve individuals, families, employers and institutions with comprehensive wealth management services. Focus partner firms maintain their operational autonomy, while they benefit from the 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 Connectus

Connectus is a Focus partner firm with an innovative model for client-centric financial advisers who deliver comprehensive wealth management advice. Connectus is designed for founders and teams who want to continue managing their client relationships and maintaining their boutique cultures while gaining the operational efficiencies of shared services. As a consortium, Connectus offers integrated technology, investment support and centralized services, including compliance, accounting and talent management. Connectus also provides marketing capabilities to support business expansion through robust lead generation and organic growth programs. Connectus exemplifies the spirit of partnership and collaboration yet celebrates the entrepreneurial mind-set of its advisers.

Through Focus, Connectus advisers gain a strategic growth partner with specialized capabilities. They benefit from Focus' global scale and extensive network of partner firms, continuity planning expertise and client solutions. Focus is also a source of permanent capital to accelerate growth. For more information, please visit www.connectuswealth.com.

Cautionary Note Concerning Forward-Looking Statements

This release contains certain forward-looking statements that reflect Focus' current views with respect to certain current and future events. These forward-looking statements are and will be, subject to many risks, uncertainties and factors relating to Focus' operations and business environment, including, without limitation, uncertainty surrounding the current COVID-19 pandemic, which may cause future events to be materially different from these forward-looking statements or anything implied therein. Any forward-looking statements in this release are based upon information available to Focus on the date of this release. Focus does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any statements expressed or implied therein will not be realized. Additional information on risk factors that could affect Focus may be found in Focus' filings with the Securities and Exchange Commission.

Investor and Media Contact

Tina Madon
Senior Vice President
Head of Investor Relations & Corporate Communications
Focus Financial Partners
P: +1-646-813-2909
tmadon@focuspartners.com

SOURCE: Focus Financial Partners Inc.