Madison Wealth Advisors to Join Focus Partners Team

Through client-centered advising and evidence-based investing, Managing Member Douglas F. Clark, PFS, William R. Smith, CFP® and Judy K. Mathews have been strategically and purposefully protecting clients’ investments for over 20 years. Since its inception, the firm has drawn upon Focus’s affiliated turnkey asset management platform, Focus Strategic Partners, LLC (including its predecessors), for back-office support to grow and maintain a thriving business. Always striving to be their clients’ trusted advisor, the team’s approach to wealth management emphasizes evidence over emotion. They rely on decades of academic research rather than opinions that sometimes dominate financial news cycles.

“Since the creation of Madison Wealth Advisors, we have utilized the expansive resources of Focus’s sister firm, Focus Strategic Partners (including its predecessors), to handle the behind-the-scenes legwork so my staff and I can focus on providing strong financial advice to our clients,” shared Doug Clark. “Because of our long-standing relationship and the resulting confidence we have in Focus, the next logical step in expanding the services and offerings of our firm was to join forces with Focus Partners. During what we believe will be a seamless transition, while the name on our door will change, there will be no change in our commitment to serve our clients.”

“As a longtime partner with Madison Wealth, we are excited to take our relationship to the next level,” added Adam Birenbaum, CEO of Focus Partners. “Their focus on helping clients meet their financial goals by enhancing, protecting, transferring and donating wealth aligns with our deepest values and strongest commitments. We look forward to further supporting Doug, Bill and Judy for many more years as they serve their clients in western Missouri.”

Madison Wealth Advisors will become part of Focus Partners upon closing of the transaction, which is expected to be completed in the third quarter of 2023, subject to customary closing conditions.

About Focus Partners, LLC

Focus Partners, LLC, is an SEC registered investment advisor providing an extensive range of fiduciary financial advisory services that support individuals, families, nonprofits and other organizations. With a passion to progress, serve and do the right thing for clients at all times, Focus Partners helps to fulfill their clients’ financial dreams using the organization’s proprietary Design | Build | Protect^® methodology and an array of evidence-driven investment and planning strategies.

Headquartered in St. Louis, MO, Focus Partners has over 50 offices in 26 states. As of December 31, 2022, the firm managed $22.08 billion in regulatory assets under management. For more information, visit buckinghamstrategicwealth.com.

About Madison Wealth Advisors, LLC

Based in Lee’s Summit, MO, Madison Wealth Advisors pride themselves on developing relationships built on personal trust and integrity. They serve as a registered investment adviser providing fee-only investment management support to individuals, families, corporations, qualified retirement plans, partnerships, not-for-profits and anyone with a desire to pursue long-term financial objectives. For more information, visit https://www.madisonwealth.com/.

Cautionary Note Concerning Forward-Looking Statements

This release contains certain forward-looking statements that reflect Focus’s current views with respect to certain current and future events. These forward-looking statements are, and will be, subject to many risks, uncertainties and factors relating to Focus’s operations and business environment, including the impact of the conflict in Ukraine, which may cause future events to be materially different from these forward-looking statements or anything implied therein. Any forward-looking statements in this release are based upon information available to Focus on the date of this release. Focus does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any statements expressed or implied therein will not be realized. Additional information on risk factors that could affect Focus may be found in the filings with the Securities and Exchange Commission made by Focus Financial Partners Inc. (of which Focus is a partner firm).