FLX Networks to Acquire Focus Partners
Industry-leading platform and premier practice management firm join forces
BERNARDSVILLE, N.J., May 10, 2023 /PRNewswire/ -- FLX Networks, the technology platform dedicated to modernizing, simplifying, and revolutionizing engagement between asset managers, wealth management firms, and financial advisors, today announced they have signed a letter of intent to acquire Focus Partners, a nationally recognized practice management firm.
Focus Partners' extensive practice management capabilities are an industry-leading solution and a proven partner to many of the largest and fastest growing advisor teams. "As a compound company, this acquisition represents a natural vertical integration of an existing partner on the FLX Solutions Exchange. Additionally, it provides a valuable and scalable resource to the wealth management firms and their financial advisors joining FLX Networks," said Brian Moran, FLX founder & CEO.