Sapient Private Wealth Management, an independent fee-based Registered Investment Advisor (RIA), with over US$500 million in asset management, has become a Focus Financial Partner.
Sapient is the fourth partner to join Focus and the eighth deal (including sub-acquisitions) made by the firm in 2011.
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Under the leadership team of Greg Erwin, Alan Rexius, and King Martin, who previously worked together at Morgan Stanley Smith Barney, Sapient was launched last year.
Specializing in serving high-net-worth individuals, families, and institutions throughout the Pacific Northwest, Sapient brought over almost 95% of its former clients when it ventured out.
Comprising of 23 independent wealth management firms in the US and UK, Focus Financial Partners manage over US$45 billion in assets.
