Focus Financial Partners, the US partnership of independent wealth management firms, has taken on board Summit Financial, an independent RIA based in Lafayette, LA.

Focus Financial Partners, the US partnership of independent wealth management firms, has taken on board Summit Financial, an independent RIA based in Lafayette, LA.

Summit was previously affiliated with Wells Fargo Advisors Financial Network for nearly eight years. The firm has some $600 million in client assets and provides investment and wealth management services to clients in Louisiana and the surrounding areas.

Summit Financial was founded in 2003 by Fred Werner and David Daniel - both former Legg Mason advisors who have worked together for more than 15 years. In addition to Werner and Daniel, Todd Lambert and Michael Pharr are partners at the firm.

Summit has eight employees and four advisors representing over 180 years of combined investment and wealth management experience.

The addition of Summit represents Focus Financial's ninth transaction this year.