NEW YORK & ATLANTA--(BUSINESS WIRE)--Focus Financial Partners, LLC, the largest partnership of independent wealth management firms, today announced that Gratus Capital Management, an independent RIA based in Atlanta has joined the Focus partnership as of October 1st. With over $800 million in client assets, Gratus provides investment and wealth management services to clients in Atlanta, and Palm Beach, Sarasota, and Naples, Fla.
“Gratus’ high-touch client-centric service model and entrepreneurial spirit makes them a natural addition to our partnership,” said Rajini Kodialam, co-founder and managing director of Focus. “Focus has successfully supported more than 40 mergers for our partner firms and we plan to do the same for Gratus as they look to acquire new talent to further establish a regional presence in Georgia and Florida.”
Founded in 2006 and based in Atlanta, Gratus Capital Management, has grown to become one of the most successful RIAs in the greater Atlanta region through providing comprehensive wealth management services to its predominantly high net worth clients. Hank McLarty founded the firm in early 2006, after departing from Morgan Stanley where his practice was one of the most successful in the nation, earning him the recognition of a Barron’s Top 100 Advisor.
“Our decision to join Focus was influenced by their entrepreneurial business model and the depth and quality of the partnership providing capabilities and resources in satisfying our growth objectives,” said Hank McLarty, founder and president at Gratus. “As a partner firm, Focus provides us with the capital and deal expertise to grow through strategic acquisitions, while still allowing us to maintain our boutique service model and focus on our clients.”
Since founding Gratus, Hank has been part of the “Best of Best” Financial Advisors at Barron’s Winners Circle Summit and he has led Gratus to be recognized as one of the Top Ten Wealth Managers in Atlanta, and Top 10 NAPFA Fee-Only Advisors in Atlanta (2011, 2012). Hank has been quoted in several industry publications and has been featured as an “expert on the markets” on the CNN Saturday Morning Show with Randi Kaye.
Gratus has ten total employees, which includes Hank and three other advisors, who bring more than 100 years of combined investment and wealth management experience to their client base. In 2013, InvestmentNews magazine recognized the team as one of the Top RIAs – Largest Fee-Only Registered Investment Advisory Firms in the U.S.
About Focus Financial Partners
Founded in 2006, Focus Financial Partners, LLC is the leading international partnership of independent, fiduciary wealth management firms. With more than $300 million in annual run rate revenues, Focus provides unrivaled access to best practices, resources, and continuity planning for its partner firms who serve individuals, families, employers and institutions with wealth management, benefit and investment consulting services. Focus partner firms maintain their entrepreneurial independence, while they benefit from the synergies, scale, economics and best practices of the market leader to achieve their business objectives. Focus was included on Inc. magazine’s 5000 ranking of the nation’s fastest-growing private companies in 2011 and 2010. In 2012, Focus was named a Crain’s New York Business “Fast 50” growth firm in New York City. For more information about Focus Financial Partners, please visit www.focusfinancialpartners.com.
About Gratus Capital Management
Based in Atlanta, Georgia, Gratus manages more than $800 million in client assets. Hank McLarty founded Gratus in 2006. The firm provides investment management and wealth management services to high-net-worth clients. For more information, please visit www.gratuscapital.com.