On December 19, 2024, Focus Financial Partners Inc. announced the merger of Focus Financial Partners partner firms Coastal Bridge Advisors and TrinityPoint Wealth.
Focus Financial Partners Inc. (“Focus”) announced on December 19, 2024, the merger of Focus partner firms Coastal Bridge Advisors (“Coastal Bridge”) and TrinityPoint Wealth, LLC (“TrinityPoint”). Both firms will operate under the Coastal Bridge name following the transaction. The transaction is expected to close in the first quarter of 2025. 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 approximately $360 billion assets under management.
Coastal Bridge, based in Westport, Connecticut is a registered investment advisor offering financial planning, retirement planning, and institutional consulting services. As of January 2025, Coastal Bridge had approximately $2.81 billion in assets under management.
TrinityPoint, based in Milford, Connecticut, is a registered investment advisor and wealth management firm offering financial planning and investment advisory services to individuals, families and institutions. As of October 2024, TrinityPoint had approximately $1.42 billion in assets under management.
To read the press release: please click here.