Advice technology business Focus Business Solutions (Focus), trading as Focus Advice Technology, has completed its management buyout (MBO) from Abrdn.
The buyout was led by Dave Upton, who has been with the business since 2007, and will assume the role of CEO with immediate effect. Founded in 1993 and acquired by Standard Life in 2011, Focus' technology aims to provide advice firms, consolidators, building societies and platforms with ‘Advice Engine' automation to minimise the time spent on each advice case. Focus said it has team has invested heavily to build a native Azure advice platform and deploys an in-house customer led design practice focused "entirely on the experience of the end user". The advice tech firm has an establ...
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