DJIA38904.04 307.06
S&P 5005204.34 57.13
NASDAQ16248.52 199.44
Russell 20002060.10 8.70
German DAX18163.94 -238.49
FTSE 1007911.16 -64.73
CAC 408061.31 -90.24
EuroStoxx 505013.35 -57.20
Nikkei 22538992.08 -781.06
Hang Seng16723.92 -1.18
Shanghai Comp3069.30 -5.66
KOSPI2714.21 -27.79
Bloomberg Comm IDX102.90 0.64
WTI Crude-fut91.17 0.01
Brent Crude-fut86.57 1.15
Natural Gas1.79 0.00
Gasoline-fut2.79 -0.01
Gold-fut2345.40 33.50
Silver-fut27.50 0.46
Platinum-fut940.60 -5.50
Palladium-fut1007.40 -23.60
Copper-fut423.60 1.85
Aluminum-spot1815.00 0.00
Coffee-fut212.50 5.75
Soybeans-fut1185.00 5.00
Wheat-fut567.25 11.00
Bitcoin67976.00 304.00
Ethereum USD3328.10 56.27
Litecoin98.71 0.69
Dogecoin0.18 0.00
EUR/USD1.0862 0.0007
USD/JPY151.72 -0.02
GBP/USD1.2678 0.0016
USD/CHF0.9044 -0.0014
USD IDX104.28 0.08
US 10-Yr TR4.4 0.091
GER 10-Yr TR2.406 0.007
UK 10-Yr TR4.064 -0.005
JAP 10-Yr TR0.771 -0.004
Fed Funds5.5 0
SOFR5.32 0

Sub Markets

Topics

Direct Investment  + Financial Advisory  + M&As  + RIAs & Financial Advisors  + Wealth Management  | 
Focus Facilitates Executive Wealth Group Acquisition of Bordeaux

Focus Facilitates Executive Wealth Group Acquisition of Bordeaux 

Focus Financial Partners Inc., a registered investment advisor aggregator, announced the acquisition of Kirkland, WA-based Executive Wealth Group, LLC by Bordeaux Wealth Advisors, boosting the firm’s already strong position within the Seattle market. 

The transaction is expected to close in the second quarter of 2024. 

Executive Wealth Group, led by CEO and founder Sam Maxwell, provides financial services tailored for senior executives in the aerospace sector. The firm’s clients will gain access to Bordeaux’s investment platform, tax and wealth planning capabilities, and operations. 

“Partnering with Bordeaux solidifies a succession solution for our clients, and it will also allow us to draw from the substantial resources, top notch talent and knowledge of a great firm,” said Maxwell. 

Earlier this month, Focus completed its second intra-partnership merger under its new “hub” strategy. The transaction, which is expected to close in the first quarter, will combine $10.4 billion GW & Wade and $21.1 billion Colony Group. 

Last December, the firm facilitated a merger between Sutton Wealth Advisors, Inc. and Focus’ partner firm Cornerstone Wealth Group, LLC.   

Connect

Inside The Story

Focus Financial Partners Inc.Bordeaux Wealth AdvisorsExecutive Wealth Group

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

New call-to-action