Greg S. Morganroth, MD Joins Focus Financial Partners Board of Directors

Rhea-AI Summary

Focus Financial Partners Inc. (NASDAQ:FOCS) announced the election of Greg S. Morganroth, MD to its board of directors, where he will also serve on the audit and risk committee. Morganroth, founder of the California Skin Institute, transformed the practice into California's largest dermatology group through over 50 acquisitions, expanding to around 40 offices and 400 employees. His entrepreneurial expertise aligns with Focus's mission, and his inclusion is expected to enhance the board's perspectives.

Positive

• Greg S. Morganroth brings significant entrepreneurial and medical experience.
• His leadership at the California Skin Institute showcases his skills in business development through acquisitions.

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• None.

NEW YORK, NY / ACCESSWIRE / September 25, 2020 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that Greg S. Morganroth, MD, the Chief Executive Officer and founder of the California Skin Institute and a nationally recognized dermatologic surgeon, has been elected to Focus' board of directors and will serve on its audit and risk committee.

Dr. Morganroth started the California Skin Institute as a solo dermatologic surgery practice in 2007. Since that time, he has built it into the largest private practice dermatology group in California, in part through over 50 acquisitions of outstanding dermatology and cosmetic surgery practices. The California Skin Institute now consists of approximately 40 offices and 400 employees throughout California.

"Greg is a successful entrepreneur, business leader and medical professional," said Rudy Adolf, Founder, CEO and Chairman of Focus. "We are proud to have someone with these talents and perspectives joining our Board at this time. In getting to know Greg, I have been struck by the many parallels between his development of the California Skin Institute and the Focus story, and we look forward to learning and benefiting from his contributions as we continue on our journey."

Dr. Morganroth graduated with a B.S from the University of Michigan and an M.D. from the University of Michigan School of Medicine. He completed his internship at the University of Pennsylvania, a dermatology residency at Yale University and a Mohs laser and dermatologic surgery fellowship at the Skin and Mohs Surgery Center at the Baptist Medical Center.

About Focus Financial Partners Inc.

Focus Financial Partners Inc. is a leading partnership of independent, fiduciary wealth management firms. Focus provides access to best practices, resources and continuity planning for its partner firms who serve individuals, families, employers and institutions with comprehensive wealth management services. Focus partner firms maintain their operational independence, while they benefit from the synergies, scale, economics and best practices offered by Focus to achieve their business objectives. For more information about Focus, please visit www.focusfinancialpartners.com.

Cautionary Note Concerning Forward-Looking Statements

This release contains certain forward-looking statements that reflect Focus' 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' operations and business environment, including, without limitation, uncertainty surrounding the current COVID-19 pandemic, 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 Focus' filings with the Securities and Exchange Commission.

Investor and Media Contact

Tina Madon
Senior Vice President
Head of Investor Relations & Corporate Communications
Focus Financial Partners
P: +1-646-813-2909
tmadon@focuspartners.com

SOURCE: Focus Financial Partners Inc.

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FAQ

What is the significance of Greg S. Morganroth joining Focus Financial Partners' board?

Greg S. Morganroth's election is significant as he brings extensive experience in managing a large dermatology group, which aligns with Focus's growth-oriented strategy.

What experience does Greg S. Morganroth have?

Dr. Morganroth founded the California Skin Institute and expanded it through over 50 acquisitions, establishing it as California's largest dermatology group.

How might Morganroth's addition to the board impact Focus Financial Partners?

Morganroth's entrepreneurial background is expected to provide fresh perspectives and contribute to the strategic direction of Focus Financial Partners.