Focus Financial Partners has struck another deal, adding a $675.5 million RIA with a focus on environmental, social and governance investing — Seasons of Advice Wealth Management of New York.
The news follows the RIA aggregator’s announcement on Friday that it was buying InterOcean, a $2.5 billion RIA in Chicago.
Seasons of Advice is the 12th deal for Focus Financial this year. The group now includes 66 partner firms working in four countries with over $200 billion in combined client assets.
“This young firm will expand our presence in the important New York City wealth management market, and is led by an innovative management team with a strong and diverse group of next generation leaders,” according to Focus Chairman and CEO Rudy Adolf.