Deals & People September 20, 2011

Focus Financial Expands Network with Boston-based RIA

The Colony Group, a registered investment advisory firm (RIA) with approximately $1.3 billion in assets under management, will join Focus Financial Partners.  
Reported by

This is Focus Financial’s fourth transaction in 2011; the partnership will become effective October 1, 2011. With its investment in Colony, Focus will grow to $45 billion in assets.

In addition to the firm’s Boston headquarters, Colony has offices in Naples and West Palm Beach, Florida, as well as Washington D.C. By leveraging Focus’ practice and business management expertise, Colony plans to continue to aggressively grow the firm and continue its success into other regions.

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Colony provides comprehensive wealth management services, including investment management, tax planning and preparation, as well as corporate advisory services. The firm serves over 800 clients including high-net worth individuals, families, and institutions.

“With over 25 years in the wealth advisory business, Colony is one of the best managed RIAs in the industry, and we are very pleased to welcome them into the Focus partnership. We look forward to working alongside the stellar team at Colony to further scale the firm’s already exceptional wealth management services,” said Michael Paley, Senior Vice President at Focus.

 

Deals & People September 20, 2011

Eagle Asset Management Names Director of Institutional Sales

Eagle Asset Management, Inc. has hired Donald J. Pepin as Director of Institutional Sales. 
Reported by

In his new position, Pepin will focus on strategic initiatives targeting domestic and international consultants, as well as direct new business development.

Pepin has nearly 30 years of industry experience in institutional sales and consultant relations.  He previously held senior positions with DuPont Capital Management, Gartmore Global Partners, and Pilgrim Baxter. He is based in the firm’s St. Petersburg, Florida, home office.

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