FourThought Private Wealth to Join Focus as a New Partner Firm, Deepening Focus' Presence in the Florida Wealth Management Market

NEW YORK, NY / ACCESSWIRE / September 22, 2022 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that FourThought Financial, LLC ("FourThought"), a registered investment adviser headquartered in Venice, FL, has entered into an agreement to join the Focus partnership. The transaction is expected to close in the fourth quarter of 2022, subject to customary closing conditions.

Tracing its roots back to 1968, FourThought utilizes a highly disciplined approach to wealth planning and is guided by a core set of values and principles in serving clients. FourThought provides customized, comprehensive, planning-centric solutions and services to high net worth individuals, families and business owners to help them plan for a secure financial future.

"Helping our clients define their individual objectives and translate those into detailed goals, and ultimately peace of mind, are central to our approach," said Scott Pinkerton, Senior Planner and Managing Partner of FourThought. "Peace of mind can only be obtained through diligent, holistic planning which we believe is an iterative and ongoing process. As we thought about how best to continue FourThought's evolution, it became clear that Focus was the premier strategic partner. We believe Focus is best positioned to help us enhance our client service capabilities and grow our business, while allowing us to retain the independent thought leadership that has been so central to our success as a firm."

"We are very pleased that FourThought will be joining the Focus partnership," said Rudy Adolf, Founder, CEO and Chairman of Focus. "Over its history, FourThought has achieved an impressive track record of client asset growth while remaining committed to the firm's guiding values and principles. FourThought's strong team is well positioned to continue providing differentiated planning to clients, while benefitting from the impressive demographic trends in southwest Florida. We believe that with access to our broad range of value-added programs, in particular our client solutions, the FourThought team will be able to accelerate their growth while further enhancing their approach to client service. We believe our value-added programs are an important differentiator as clients demands for highly personalized advice and services are becoming increasingly complex."

About Focus Financial Partners Inc.

Focus Financial Partners Inc. is a leading partnership of independent, 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 independence, 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 focusfinancialpartners.com.

About FourThought Financial, LLC

FourThought Financial, LLC is a Venice, FL based registered investment adviser with a long history of helping clients achieve peace of mind through holistic planning guided by a consistent set of values and principles. FourThought offers traditional and non-traditional investment opportunities to build customized client portfolios, as well as tax and estate planning for high net worth clients. For more information about FourThought, please visit https://fourthought.com/

Cautionary Statement 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 the impact of the conflict in Ukraine, 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 Contacts

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

Charlie Arestia
Vice President
Investor Relations & Corporate Communications
Focus Financial Partners
P: +1-646-560-3999
carestia@focuspartners.com

SOURCE: Focus Financial Partners Inc.