Focus Partners Wealth Expands with First External Acquisition Since Rebrand
Upon completion of this transaction, Churchill will be the first external firm that Focus Partners Wealth has acquired since its rebrand in January 2025. Churchill is expected to add approximately $9.4 billion, measured as of March 31, 2025, to Focus Partners Wealth's existing regulatory assets under management.
'M&A remains an avenue for us to add high-quality firms that are committed to evolving for the benefit of their clients,' said Michael Nathanson, CEO of Focus Financial Partners. 'Firms like Churchill, with its commitment to outstanding client service and industry-leading success, are ideal for the integrated model we are building. From our first conversation, it was clear that we shared a vision, making this a natural fit and a special opportunity for both firms.'
Founded in 1963, Los Angeles-based Churchill provides investment management and financial planning services to clients nationwide. The firm's employees include a national team of advisors and business development professionals.
This transaction will bring together two businesses with a shared client-first philosophy. The Churchill team will gain access to a more expansive suite of client services, while Focus Partners Wealth will gain a national, growth-oriented team that complements Focus Partners Wealth's presence and service offering. The Churchill business will operate as a division of Focus Partners Wealth for a period of time following completion of the acquisition before transitioning to Focus Partners Wealth in the future.
'As we continue to build Focus Partners, there is nothing that thrills me more than joining forces with a great firm that enhances what we do,' said Adam Birenbaum, CEO of Focus Partners Wealth. 'The Churchill team is highly talented and complementary. They combine a very rare mindset of high growth and progress forward with a high standard of care. I cannot wait to welcome them.'
This alignment of values and complementary strengths sets the stage for a smooth integration—one that benefits Focus Partners Wealth, the Churchill team, and, most importantly, the clients they serve. Leadership from both organizations shared their enthusiasm for what this transaction makes possible.
'Throughout our more than 60 years of serving clients, our core principle has been to meet and exceed our clients' financial goals using a comprehensive, multi-strategy approach to investing,' said Randy Conner, President of Churchill. 'We are excited to begin providing an even greater depth of services to our valued clients with the resources of Focus Partners Wealth.'
Travis Danysh, Chief Corporate Development Officer of Focus Financial Partners, added, 'We view a successful transaction as one that strengthens our business and furthers our capabilities for clients. The addition of Churchill supports our goals to add talented and client-oriented businesses to Focus Partners Wealth.'
Berkshire Global Advisors LP served as the exclusive financial advisor to Churchill. RBC Capital Markets served as the exclusive financial advisors to Focus on the transaction.
About Focus Financial Partners Inc.
Focus is an interdependent partnership of wealth management, business management, and related financial services firms, rooted in a client-first approach and powered by the collective energy and capabilities of its many advisors and professionals. The Focus partnership includes firms operated under the Focus Partners brand that reflect the company's key business lines. Through a blend of innovative solutions, strong capital backing, and deep business expertise, Focus empowers its firms to achieve their business objectives by helping them better serve their clients and advisors. Discover more about how Focus is evolving the wealth and business management landscape by visiting www.focusfinancialpartners.com or by following the company on LinkedIn.
About Focus Partners Wealth, LLC
Focus Partners Wealth is an organization of wealth, asset, and business management resources that brings strength, innovation, and partnership to client relationships. Through a comprehensive range of services, Focus Partners Wealth works with clients at every stage, helping them manage their financial future. Their team of advisors works collectively to deliver personalized wealth planning strategies across local communities, placing clients' values, goals, motivations, and priorities at the heart of what they do. With nearly 100 locations across the country, Focus Partners Wealth serves clients in all 50 states. For more information visit wealth.focuspartners.com.
About Churchill Management Group
Founded in 1963, Churchill Management serves over 7,000 clients with combined regulatory assets under management of over $9.4 billion as of March 31, 2025. The firm credits its success to a combination of its commitment to communication, dedicated service teams, and a blend of tactical and fully invested strategies tailored around comprehensive financial planning.
© 2025 Focus Financial Partners. All rights reserved.
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