Focus Financial Partners, LLC, the largest partnership of independent wealth management firms, today announced that its Milford, CT-based Partner firm, Beirne Wealth Consulting ("BWC"), has expanded its team with the addition of Allentown, PA-based advisors, Christopher Englebert and Daniel Reitz, formerly with Morgan Stanley. In just two years, BWC has doubled its assets since it was launched through Focus Connections, a Focus-led program aimed at helping wirehouse teams make successful transitions into independent firms, and now manages approximately $2 billion in client assets.

"We are proud to have Chris, Dan and their team join the firm," stated John Beirne, founding partner of BWC. "There is a natural synergy between our investment philosophies and client base as both practices have a long history in serving institutional and private clients. Through the ongoing support and counsel of Focus, we have been able to expand our presence on the Eastern seaboard and look forward to continue adding national talent in the years ahead."

Elizabeth Garnto and Jamie Englebert will also join Messrs. Englebert and Reitz at BWC, where they will continue to provide consulting services on defined benefit public pensions and defined contributions and on retirement, estate, educational, tax and estate planning issues. The team brings with them over 20 years in advising institutional and private clients.

"Joining the BWC team will give us more flexibility and access to deeper resources in managing investments for our clients," says Daniel Reitz, managing director of BWC. "We look forward to upholding a strict fiduciary standard to which clients of BWC are accustomed and to bringing extended capabilities to our client base."

Focus Financial Partners recently closed on a $550 million dollar credit facility, further fortifying its ability to support the successful growth of entrepreneurial, independent advisors.

"Our partners have deep access to the capital they need to grow and enhance their fiduciary offerings through high caliber transactions," said Rudy Adolf, CEO of Focus Financial Partners. "We continue to support the transitions of teams like Chris and Dan as they strengthen their client service capabilities."

This is the third office that BWC has opened in two years. The firm has expanded from seven to 19 employees and grown to eight financial advisors since 2012. BWC is headquartered in Milford, CT, with satellite offices in Allentown and Miami.

About Beirne Wealth Consulting

Based in Milford, Connecticut, Beirne Wealth Consulting is an independent Registered Investment Advisor. Led by a team of experienced financial advisors, the firm specializes in providing customized investment management solutions and comprehensive wealth management plans for institutional investors, individuals and families. For more information, go to www.BeirneWealth.com.

About Focus Financial Partners

Founded in 2006, Focus Financial Partners, LLC, is the leading international partnership of independent, fiduciary wealth management firms. With approximately $70 billion in total client assets and 27 partners, Focus provides unrivaled access to best practices, resources, and continuity planning for its partner firms who serve individuals, families, employers and institutions with wealth management, benefit and investment consulting services. Focus partner firms maintain their entrepreneurial independence, while they benefit from the synergies, scale, economics and best practices of the market leader to achieve their business objectives. Focus was included on Inc. magazine's 5000 ranking of the nation's fastest-growing private companies in 2011 and 2010. In 2012, Focus was named a Crain's New York Business "Fast 50" growth firm in New York City. For more information, please visit www.focusfinancialpartners.com.

FTI Consulting
Raina Gajjar, +1 212-850-5724
Raina.Gajjar@fticonsulting.com