The Fiduciary Group LLC, an independent registered investment advisory firm based in Savannah, Ga., is partnering with Focus Financial Partners LLC, a partnership of independent wealth management firms, The Fiduciary Group announced Monday.
With more than $600 million in assets under management, the Fiduciary Group provides wealth management, investment management and financial planning services to clients in the Georgia coastal and southeast region. The new partnership will help the Fiduciary Group expand geographically, the firm said.
Malcolm Butler, president and CEO of the Fiduciary Group, said, “Focus has the proven ability to help family-owned firms like ours move forward into the next stage of evolution and realize their full growth potential. As a Focus partner firm, we now have unparalleled access to capital and strategic expertise, while still maintaining our independence and focus on the client experience.”
The Fiduciary Group plans to leverage Focus’s acquisition expertise in order to add new talent. It now has nine employees and three principal owners.