On March 3, 2025, Focus Financial Partners announced that Cardinal Point Capital Management acquired its partner firm, Dorchester Wealth Management.
Focus Financial Partners Inc. (“Focus”) announced, on March 3, 2025, that Cardinal Point Capital Management ULC (“Cardinal Point”), acquired Focus network firm, Dorchester Wealth Management (“Dorchester”). The transaction was completed on March 1, 2025 and Dorchester’s President, Robert Bard, joined Cardinal Point as President, Wealth Management, Montreal Operations. Further terms of the deal were not disclosed.
Focus (Nasdaq: FOCS), based in New York, is a financial firm specializing in investments in registered investment advisors. Focus Financial has over $350 billion in assets under management.
Cardinal Point, based in Toronto, is a wealth and business-management firm offering investment, estate, tax, business-management, and financial planning solutions. Upon completion of the transaction on March 3, 2025, Cardinal Point had approximately $5.1 billion CAD in assets under management.
Dorchester, based in Montreal, is a registered investment advisor providing investment counsel and wealth management services. As of March 2025, Dorchester had approximately $2 billion CAD in assets under management.
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