A recent capital infusion is already paying off with new deals for Focus Financial Partners, which this week added some Louisiana seasoning to its growing national profile.
The New York-based roll-up firm has taken an ownership stake in Summit Financial, a $600 million independent RIA based in Lafayette, La. -- the heart of Cajun country. Neither party disclosed the terms of the deal, which brings the total number of Focus partnerships around the country to just under 30.
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