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Raft Of Executive Hires At Focus Financial Partners

Eliane Chavagnon Editor - Family Wealth Report May 19, 2015

Raft Of Executive Hires At Focus Financial Partners

Focus Financial Partners yesterday said it has made five new hires, bringing the total number of additions at the holding company level to ten since 2014.

Focus Financial Partners, the international partnership of independent wealth management firms, said it has made ten new hires at the holding company level since 2014 – five of which were announced yesterday.

The newest executives leading M&A efforts for RIAs and breakaway teams include Justin Ferri as managing director of Focus Connections, which is aimed at advisors transitioning into the independent space. Ferri was most recently a co-founding principal at Principium Ventures, a boutique private equity firm specializing in impact-oriented businesses. Before that, he was managing director and global head of Merrill Lynch’s alternative investments division.

Meanwhile, Eric Amar, Molly Bennard, Scott Holsopple and Sukanya Kuruganti have been brought in as vice presidents of business development.

Amar was formerly head of strategy and innovation at The Guardian Life Insurance Company and before that an associate principal at McKinsey & Company.

Bennard joins from AXA US, where she was head of strategic initiatives and, before that, was an associate at the investment banking arm of Morgan Stanley.

Holsopple was latterly head of product and business development at The Mutual Fund Store while Kuruganti was most recently director of corporate development and M&A at Barclays in the US, UK, Western Europe and South Africa. Earlier, Kuruganti was a vice president at Citigroup in New York, covering the US and Asia-Pacific.

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