Focus Financial Adds On

Focus Financial Partners, a New York-based wealth management and consulting group, has acquired five new wealth management firms with an aggregate of $8 billion in client assets. They are: GW & Wade (Mass.), Dion Money Management (Mass.), Lara, Shull & May (Washington DC), Benefit Funding Services Group (Calif.) and JFS Wealth Advisors (Penn.). No financial terms were disclosed. Focus Financial is backed by Summit Partners.