Sapient Private Wealth Management Becomes Focus Partner

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Oregon-based firm manages $500 Million

Deal marks Focus Financial’s 8th transaction for the year

EUGENE, Ore. & NEW YORK--(BUSINESS WIRE)-- Sapient Private Wealth Management (“Sapient”), an independent, fee-based Registered Investment Advisor (RIA), has become a Focus Financial Partner. Sapient, which launched as an independent RIA last year, manages over $500 million.

Sapient’s first year has been a resounding success; after just 7 months in business it was named ‘“Top Up-and-Coming fee-only firm” by InvestmentNews. The firm’s leadership team, Greg Erwin, Alan Rexius, and King Martin, previously worked together serving clients at Morgan Stanley Smith Barney and the group has successfully transitioned over 95% of its former clients. Sapient’s clients include high-net-worth individuals, families, and institutions throughout the Pacific Northwest.

Greg Erwin said: “We are pleased to become a full-fledged Focus Partner. Focus has been with us every step of the way as we built our independent business, and, with Focus’ help we are looking forward to continuing our growth across the region.”

Sapient was launched with the support of Focus Connections – a consulting service with a solid track-record of establishing independent RIAs from wirehouse teams. The team at Sapient has an impressive background, deep community ties and a long history of working together, with a collective 91 years of experience providing private wealth management services to clients.

Rich Gill, Vice President and Head of Focus Connections said: “Sapient has clearly demonstrated the promise of our Connections program – which is designed to move top wirehouse performers to independence. We look for leading teams, that are committed to an entrepreneurial spirit and want to serve their clients on an independent basis and Sapient epitomizes this approach.”

Rudy Adolf, Founder and CEO of Focus Financial Partners said: “2011 has been an outstanding year for Focus, fully demonstrating that our model makes sense for entrepreneurial independent firms. Going forward, we expect many other firms and advisors to benefit from our infrastructure and market expertise, as we continue to build the best independent advisors in the market.”

Sapient is the fourth partner to join Focus and the 8th deal (including sub-acquisitions) made by the firm in 2011.

Sapient Private Wealth Management is located at 101 E. Broadway, Eugene, Oregon 97401.

About Focus Financial Partners

Founded in 2006, Focus Financial Partners, LLC, is the leading international partnership of independent, un-biased and un-conflicted wealth management firms. With over $45 billion in assets and over 750 employees, Focus’ Partners provide wealth management, benefit and investment consulting services to individuals, families, employers and institutions. Clients benefit from Focus’ Partners independence, unrivaled access and continuity. Focus principals maintain their entrepreneurial independence, benefit from the synergies, scale, economics and best practices of the market leader, and achieve an eventual, smooth ownership transition. For more information, please visit www.focusfinancialpartners.com.

About Sapient

Sapient offers clients personalized investment management, wealth management and banking services with an emphasis on prudent, time-tested decision-making geared towards reaching personal goals while actively managing risk and volatility. Additionally, the firm works closely with clients’ tax and legal advisors for a well-rounded, coordinated approach. Sapient works with Fidelity Investments® as their primary custodian. For more information please visit www.sapientprivatewealth.com.

CognitoLoretta Mock/Jessica Kleinman+1 646-395-6300[email protected]

Source: Focus Financial Partners, LLC

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