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Top-Ranked LVW Advisors Expands Team and Deepens Service Offering with Addition of Wells Fargo Advisors

May 27, 2014

~ LVW Broadens Offering to Affluent Families with Veteran Advisors ~

ROCHESTER, N.Y.--(BUSINESS WIRE)-- Focus Financial Partners, LLC, the largest partnership of independent wealth management firms, today announced that Rochester, NY-based Partner firm, LVW Advisors (“LVW”), has expanded its offering with the addition of Joseph Zappia, CIMA®. Mr. Zappia is the former Managing Director and Senior Portfolio Manager of the Zappia Investment Group at Wells Fargo Advisors, where he managed approximately $400 million in private client assets. Mr. Zappia is joining LVW to form LVW Family Wealth; a platform focused exclusively on providing wealth management and integrated financial planning services to affluent families and family offices. LVW was launched in 2011 through Focus Connections, a Focus-led program aimed at helping wirehouse teams make successful transitions into independent firms.

“Joe has been an industry peer for years and I am delighted to have someone with such deep investment and financial planning expertise as part of our team,” says Lori Van Dusen, CEO of LVW who has been named nine times on Barron’s ‘Top 100 Advisor’ ranking. “We are in the business of providing solutions to the complex needs our private and institutional clients have today. This partnership is a collaboration between two talented and experienced teams, joined together with a common goal - our clients. With the ongoing support and counsel of Focus, we continue to look for like-minded partners, like Joe, as we expand our offering and add talent.”

Ted Garofola, CFP® will also join Mr. Zappia at LVW, where they will continue providing financial planning, investment advisory, trust and estate planning, tax planning and insurance solutions to private clients. Messrs. Zappia and Garofola have nearly 50 years of combined experience in serving private clients.

“As our industry evolves, we felt strongly that becoming fiduciaries and partnering with LVW Advisors would allow us to best serve our clients’ interests,” says Mr. Zappia, Principal and Co-CIO at LVW. “I am excited about leveraging this partnership and using our combined experience to serve the needs of high-net-worth families, who will benefit from the firm’s state-of-the-art infrastructure that supports sophisticated investments typically unavailable to private clients.”

LVW will continue to develop customized investment management solutions and comprehensive wealth plans for institutional investors, ultra-high-net-worth individuals and family offices.

“Lori Van Dusen and the team at LVW are truly among the very best in the country and we are thrilled to support this noteworthy firm achieve their growth objectives through high caliber transactions,” said Rudy Adolf, CEO of Focus Financial Partners. “We remain committed to supporting the transition of advisors, like Lori and Joseph, out of the wirehouses as RIAs continue to gain market share. Our track record with transitions and mergers speaks for itself and we are proud to support this continuing trend.”

This year, Focus has completed six Connections deal and twelve transactions overall. In January IFM Capital Advisors, founded by advisors Tim Kneen and Clayton Hartman who managed approximately $1 billion in client assets, left UBS and created a multi-office registered investment advisory firm. Summit Financial left Wells Fargo and joined the Focus Partnership in April. Quadrant Private Wealth, founded by Herman Rij who managed approximately $800 million in client assets, launched a registered investment advisory firm in Pennsylvania. Beirne Wealth Consulting and Sapient Private Wealth Management have also added advisory teams to their practice since the beginning of 2014.

About LVW Advisors

Based in Rochester, New York, LVW Advisors is an independent Registered Investment Advisor, managing approximately $2 billion in client assets. Led by a team of experienced financial advisors, the firm specializes in providing customized investment management solutions and comprehensive wealth management plans for institutional investors, individuals and family offices. For more information about LVW Advisors please visit www.LVWAdvisors.com.

About Focus Financial Partners

Founded in 2006, Focus Financial Partners, LLC, is the leading international partnership of independent, fiduciary wealth management firms. With approximately $300 million in annual run rate revenues, Focus provides unrivaled access to best practices, resources, and continuity planning for its partner firms who serve individuals, families, employers and institutions with wealth management, benefit and investment consulting services. Focus partner firms maintain their entrepreneurial independence, while they benefit from the synergies, scale, economics and best practices of the market leader to achieve their business objectives. Focus was included on Inc. magazine’s 5000 ranking of the nation’s fastest-growing private companies in 2011 and 2010. In 2012, Focus was named a Crain’s New York Business “Fast 50” growth firm in New York City. For more information about Focus Financial Partners, please visit www.focusfinancialpartners.com.




FTI Consulting

Raina Gajjar, +1 (212) 850-5724

Raina.Gajjar@fticonsulting.com

or

Courtney Chennells, +1 (212) 850-5629

Courtney.Chennells@fticonsulting.com

Source: Focus Financial Partners, LLC


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