IFA Greystone acquired by US firm

Focus is the largest partnership of independent wealth management firms in the US with over $26bn of client assets. Greystone has offices in London and Manchester and manages over $1.6bn of client assets. Focus says the acquisition is part of its bid to create the first global network of independent wealth management firms. It adds Greystone will benefit from “access to value-added resources, scope and expertise”, but pledges it can keep its current business model. Rudy Adolf, Focus Financial Partners’ founder and CEO, says: “Greystone is one of the most successful entrepreneurial wealt...