Focus Financial Partners LLC announced moves by four of its partner firms have added $450 million in assets under management to its network.

The bulk of the assets were picked up by JFS Wealth Advisors of Hermitage, Pa., when it acquired H.L. Zeve Associates, a Pittsburgh-based advisory firm with $325 million in assets under management.
The deal, which closed Dec. 31, brings JFS Wealth Advisors’ assets under management to over $1.2 billion and increases its footprint in the Pittsburgh market. JFS provides integrated financial planning and investment strategies to over 1,000 clients across 30 states. As part of the deal, Harvey Zeve, founder and CEO of H.L. Zeve, joins JFS as a consultant and Steve Lee, president of H.L. Zeve, will stay on as managing principal.

Three other Focus Financial partners made strategic moves within the past two months:

• Westport, Conn.-based LLBH Private Wealth Management appointed Haley Rockwell as managing director on Dec.1. Rockwell joined LLBH through a partnership agreement with Greenwich, Conn.-based Chronogram, a private wealth management firm, where she managed $110 million in client assets and served as owner and CEO.

• Richmond-based CapGroup Advisors hired Jeremy Kuhlen as managing director effective Jan 1. Kuhlen previously co-founded Richmond-based Mentor Wealth Management with about $35 million in assets under management. CapGroup will merge Mentor’s clients into its private client practice.

• The Buckingham Family of Financial Services appointed author/blogger Dan Solin as wealth advisor at Buckingham Asset Management and director of investor advocacy at BAM Alliance, a community of more than 130 independent wealth management firms.

Focus Financial Partners is a partnership of independent, fiduciary wealth management firms with almost $60 billion in client assets and over 800 employees, including over 100 partners.




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