FLX Networks, a Bernardsville, NJ-based provider of a technology platform focused on engagement between asset managers, wealth management firms, and financial advisors, acquired Focus Partners, a practice management firm.
The amount of the deal was not disclosed.
With the acquisition, FLX Networks will expand its offerings. Focus Partners will retain its company name in the near term, with plans to transition to “FLX Networks” by the end of 2023. The division will be led by Focus Partners founders Eric Sheikowitz and Michael Silver.
Founded by Eric Sheikowitz and Michael Silver, Focus Partners is a practice management firm who coach and consult financial advisors, wealth management firms, and asset managers.
Led by Brian Moran, Founder and CEO, FLX Networks is focused on engagement for asset and wealth management firms and financial advisors. Its community members access thought leadership, investment ideas, business resources, and industry connectivity in one centralized destination, delivering productivity, savings, and growth.
FinSMEs
11/05/2023