F.L. Putnam acquires Financial Focus and $275 million in AUM
M&A or Merger and Acquisition text on black block
Acquisition adds presence in Wolfeboro, N.H., to firm's New England footprint.
F.L. Putnam Investment Management has acquired Financial Focus, a financial planning and wealth management firm in Wolfeboro, N.H., that manages $275 million in assets.
The entire Financial Focus team will join F.L. Putnam, the company said in a release. The firm has four offices across New England, 47 employees and $2.1 billion in assets under management. The combined business will be headquartered in Wellesley, Mass.
(More: Bonhill Group completes acquisition of InvestmentNews)
Financial Focus was founded in 1995 by Susan MacMichael John, who was recently named one of the Top 20 Women to Watch by InvestmentNews.
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