Focus Financial Partners’ Acquisition of Ancora Holdings

Kramer Levin represented Focus Financial Partners in the transaction.

Focus Financial Partners Inc., a leading partnership of independent fiduciary wealth management firms, announced its acquisition of Ancora Holdings Inc., a premier wealth management firm based in Cleveland. The purchase is expected to significantly expand Focus’ presence in the Midwest high net worth market.

The Kramer Levin team was led by Corporate partners Ernie S. Wechsler (Picture) and Colin Bumby and included associates Mark Denton and Nicholas Tarnowski; Investment Management partners Kevin P. Scanlan and George M. Silfen; Tax partner Barry Herzog; Employment Law partner Robert N. Holtzman, associate Jordan Fisher and law clerk Kelly Schreiber; and Executive Compensation and Employee Benefits partner Marissa J. Holob and special counsel Avram J. Cahn.

Involved fees earner: Colin Bumby – Kramer Levin Naftalis & Frankel; Avram Cahn – Kramer Levin Naftalis & Frankel; Mark Denton – Kramer Levin Naftalis & Frankel; Jordan Fisher – Kramer Levin Naftalis & Frankel; Barry Herzog – Kramer Levin Naftalis & Frankel; Marissa Holob – Kramer Levin Naftalis & Frankel; Robert Holtzman – Kramer Levin Naftalis & Frankel; Kevin Scanlan – Kramer Levin Naftalis & Frankel; George Silfen – Kramer Levin Naftalis & Frankel; Nicholas Tarnowski – Kramer Levin Naftalis & Frankel; Ernest Wechsler – Kramer Levin Naftalis & Frankel;

Law Firms: Kramer Levin Naftalis & Frankel;

Clients: Focus Financial Partners;