Focus Financial Partners Acquires Leading UK-Based Financial Advisory Firm Greystone Financial Services, Ltd.

Largest Partnership of Independent Wealth Management Firms Starts International Expansion

NEW YORK NY (FEBRUARY 11, 2008) – Focus Financial Partners, LLC, the largest partnership of independent wealth management firms in the US with over US$26 billion of client assets, today announced its first international acquisition with Greystone Financial Services, Ltd. Greystone is one of the leading financial planning, advisory and wealth management firms in the UK, serving more than 5,000 high-net-worth individuals and corporations with more than US$1.6 billion in assets under advisement.

“Greystone is one of the most successful entrepreneurial wealth management firms we have encountered…anywhere,” said Rudy Adolf, Focus Financial Partners’ founder and CEO. “Greystone represents the future model of successful wealth management firms; combining strong financial expertise with a comprehensive financial planning model. We are truly pleased to welcome them to Focus. We are intent on building a unique international wealth management organization by bringing the most talented, high-performing independent financial advisors, like Greystone, together.”

Focus Financial Partners, already the largest partnership of independent financial advisors in the US, is creating the first global network of independent wealth management firms. The company’s strategy brings together leading firms such as Greystone, giving them access to value-added resources, scope and expertise. Focus helps partners grow, build long-term prosperity and ensure the continuation of their business legacy, benefiting principals, employees and clients. Accordingly, Greystone retains its entrepreneurial business model, operational control, culture and identity; this is the cornerstone for every acquisition of Focus Financial Partners.

“We see this as a great opportunity to further strengthen the Greystone Financial Services and Wealth Management offering, and there is a considerable attraction to being the access point to Europe,” said Paul Heap, Managing Director of Greystone Financial Services. “The quality and professionalism of the Focus firms, and the resources and backing offered by Focus will allow us to expand our recruitment and acquisition programs.”

The deal is significant to the UK wealth management community. Not only does the transaction set the foundation for bringing onboard additional UK advisors to Focus Financial Partners, but it also signals that the demand for independent and objective fee-based advice is accelerating in the UK.

Adolf said, “Focus has been the champion of the independent, entrepreneurial advisor in the US and now has expanded to the UK to reinvigorate the category. We help the best independent advisors get to the next level. The UK market is embracing the model for independent, objective fee-based advice and we are thrilled that Greystone is with Focus at the forefront of this trend. We also continue to see attractive growth opportunities in the US and remained focused on expanding through future acquisitions as well.”

Since its founding in January 2006 with four firms and US$3.5 billion in client assets, Focus Financial Partners has grown to 15 partner firms handling over US$29 billion in client assets. Majority owned by its partners, today the organization has more than 600 employees and over 18,000 clients. Focus was initially funded by Summit Partners, a leading global private equity and venture capital group, with a capital base of nearly US$9 billion.

Upon receiving customary approvals, the transaction is expected to close on April 1, 2008.

About Focus Financial Partners

Focus Financial Partners, LLC, is the leading international partnership of independent, fiduciary wealth management firms. With more than US$26 billion in client assets and more than 600 employees, Focus partners provide wealth management, benefit and investment consulting services to individuals, families, employers, and institutions. Focus is majority owned by its partners. Clients benefit from Focus’ partners independence, unrivaled access and continuity: Focus principals maintain their entrepreneurial independence; benefit from the synergies, scale, economics and best practices of the market leader; and achieve an eventual, smooth ownership transition. For more information, please visit www.focusfinancialpartners.com.

About Greystone Wealth Management Ltd
and Greystone Financial Services Ltd

Founded in 1989, Greystone is one of the leading financial planning, advisory and wealth management firms in the UK, with offices in Manchester and London, approximately US$1.6 billion in client assets under advisement, and over 5,000 clients. The firm provides independent, holistic financial advice to high net worth individuals, company directors, celebrities, and medical professionals across the UK, as well as corporations and trustees. The firm combines an advisory and a wealth management business under one umbrella: Greystone Wealth Management has become a leader in the UK with five funds of funds and a structure which provides investment selection, research, and discretionary fund management. Greystone is regulated by the Financial Services Authority. For more information, please visit www.greystonefs.co.uk.

Contacts

Jennifer Geoghegan, Focus Financial Partners, LLC
646-576-6586 | jgeoghegan@ffpar.com

Maggie Duquin, Makovsky + Company
212-508-9629 | mduquin@makovsky.com