Focus Financial Partners has announced the merger of two of its Chicago-area partner firms. Northbrook-based Relative Value Partners, founded in 2004 and led by CEO Robert "Bob" Huffman, will join forces with Chicago-based Kovitz Investment Group Partners.
Kovitz, a Focus partner since 2016, operates as a "hub" firm. The merged entity will manage over $24 billion in client assets, aiming to serve high-net-worth individuals, families, and institutions in the greater Chicago area. Relative Value Partners will benefit from Kovitz Investment Group's extensive resources, capabilities, and national reach, enhancing their service offerings and operational efficiency.
While the financial terms of the deal have not been disclosed, the transaction is expected to close in the third quarter. This strategic move will bolster Focus Financial Partners' presence in the Chicago market.
To view the press release, click here.
Written By: John Washington, Data Research Analyst
John Washington is the Data Research Analyst at Dakota.
Dakota Marketplace Announces Strategic Partnership with Backstop Solutions to Bring Proprietary Investment Data into Backstop’s Industry-Leading CRM Platform
July 29, 2025
Blackstone Defies Fundraising Drag, Ramps Up Strategy Rollouts, and more...
July 28, 2025
17Capital Locks in Record $5.5B for NAV Finance Fund, and more…
July 24, 2025
Healthcare Deal Flow Holds Strong in June — Dakota Releases New Monthly Healthcare Transactions Report
July 22, 2025
Asia Infrastructure in the Spotlight, and more…
July 21, 2025
925 West Lancaster Ave
Suite 220
Bryn Mawr, PA 19010
Tel: (610) 642-1481
© Dakota 2025 | Terms of Use | Privacy Policy