NEW YORK, NY - EQS Newswire - 27 April 2021 - Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of fiduciary wealth management firms, announced today that Connectus Wealth Advisers ("Connectus") has entered into a definitive agreement under which the Aspiri Financial Services Group ("Aspiri") will join Connectus. This transaction is expected to close in the second quarter of 2021, subject to customary closing conditions.

Aspiri is a boutique wealth management firm headquartered in Newstead, Queensland. Founded in 2004 by Gavin Kelly, Aspiri serves high net worth individuals in Queensland and throughout Australia by providing personalized advice, discretionary investment management, superannuation services, estate planning and insurance advice. The firm leverages digital tools and tailored processes to deliver customized, holistic advice and a differentiated client experience.

"In Connectus, we have found a partner that understands our business and is aligned with our customized approach to serving clients," said Gavin Kelly, Founder and Director of Aspiri. "The partnership with Connectus and Focus is the next step in our continued evolution to expand our value proposition. We are excited to join a collaborative community through which we will gain access to additional resources to accelerate growth and support the firm's long-term succession plan."

"We are excited to welcome Aspiri as the fourth firm to join Connectus since its initial expansion into Australia late last year," said Rajini Kodialam, Co-Founder and Chief Operating Officer of Focus. "The addition of Aspiri is further evidence of Connectus' continued strong momentum in Australia and will also increase its footprint in the broader Brisbane market. Through Aspiri, Connectus will gain complementary capabilities in investment management and the delivery of highly personalized client service, further strengthening the synergistic benefits of the consortium to its advisors. Australia is an important strategic market for Focus, and Connectus is a natural extension of our growing presence there."