Focus Financial nabs $800M, former-LPL team
January 18, 2018
By Sean Allocca
Focus Financial inked another big-figure deal after a blockbuster 2017 that netted more than two dozen RIAs, according to the firm.
The Cornerstone Wealth Group, formerly with LPL Financial, advises on $1.3 billion in client assets and manages $800 million, according to CEO and managing partner Craig Rubrecht. The firm serves mass-affluent and high-net-worth clients with 15 financial advisors on staff and eight offices in North and South Carolina and San Francisco.