free counter

Alpha Insurance Group Will Join Focus Partner Firm Ancora Holdings, Strengthening Ancora’s Integrated Service Offering

NY, NY / ACCESSWIRE / September 23, 2022 / Focus Financial Partners Inc. (NASDAQ:FOCS) (“Focus”), a respected partnership of independent, fiduciary wealth management firms, announced today that it has entered right into a definitive agreement under which Alpha Property & Casualty, Inc. (“Alpha” or “Alpha Insurance Group”), an authorized insurance company in Westlake, Ohio, will join Focus partner firm Ancora Holdings Group, LLC (“Ancora”). The transaction is likely to close in the fourth quarter of 2022, at the mercy of customary closing conditions. This is Ancora’s first acquisition since joining Focus as somebody firm in October 2021.

Founded in 1999, Alpha Insurance Group is really a private insurance company that provides an array of property and casualty and medical health insurance solutions through its relationships with top industry carriers. Alpha’s Principals, Brian Spear, Kevin Neitzel and Kevin O’Brien, each have significantly more than 20 years of experience dealing with individual and commercial clients in Ohio and over the USA.

“Alpha Insurance Group is really a leading provider of insurance services, and we have been excited to possess them join we, further expanding our service offering to meet up the complex needs of our clients” said Fred DiSanto, Chairman & CEO of Ancora. “Their deep expertise across a variety of insurance solutions will improve the integrated experience we are able to provide within Ancora once we continue to create a firm that attracts both new customers and leading advisors.”

“Our goal is definitely to supply excellent service and products to your clients, while remaining centered on their long-term needs all the time,” said Brian Spear, Principal at Alpha Insurance Group. “Joining forces with Ancora will expand the capabilities we are able to offer our clients and offer additional growth opportunities for the business.”

“We have been happy that the Alpha Insurance Group team will undoubtedly be joining Ancora inside our 17th merger and 22nd transaction year up to now,” said Rudy Adolf, Founder, CEO and Chairman of Focus. “This transaction will broaden the specialties that Ancora can provide its clients within a thorough service offering. To be able to provide in-house expertise across a variety of disciplines is vital to meeting client needs in an extremely personalized way. The addition of Alpha may also further solidify Ancora’s position as a respected wealth manager so when a stylish platform for future M&A.

This transaction is a wonderful example of the effectiveness of our M&A capabilities beyond the original U.S. RIA space. It demonstrates our expertise in sourcing and executing mergers in highly specialized areas, enabling our partners to continually improve the services they provide to meet the requirements of these clients.”

About Focus Financial Partners Inc.

Focus Financial Partners Inc. is really a leading partnership of independent, fiduciary wealth management firms. Focus provides usage of guidelines, resources, and continuity planning its partner firms who serve individuals, families, employers and institutions with comprehensive wealth management services. Focus partner firms maintain their operational independence, while they take advantage of the synergies, scale, economics and guidelines provided by Focus to accomplish their business objectives. To learn more about Focus, please visit

About Ancora Holdings Group, LLC

Ancora Holdings Group, LLC offers integrated investment advisory, wealth management and retirement plan services to individuals and institutions over the USA. The firm’s comprehensive service offering is complemented by way of a dedicated team which has the breadth of expertise and operational structure of a big institution with the responsiveness and flexibility of a boutique firm. To learn more about Ancora, please visit

Cautionary Note Concerning Forward-Looking Statements

This release contains certain forward-looking statements that reflect Focus’ current views regarding certain current and future events. These forward-looking statements are and you will be, at the mercy of many risks, uncertainties and factors associated with Focus’ operations and business environment, like the impact of the conflict in Ukraine, which might cause future events to be materially not the same as these forward-looking statements or anything implied therein. Any forward-looking statements in this release are based on information open to Concentrate on the date of the release. Focus will not undertake to publicly update or revise its forward-looking statements even though experience or future changes inform you that any statements expressed or implied therein will never be realized. More information on risk factors which could affect Focus could be within Focus’ filings with the Securities and Exchange Commission.

Investor and Media Contacts

Tina Madon

Senior Vice President

Head of Investor Relations & Corporate Communications

Focus Financial Partners

P: +1-646-813-2909


Charlie Arestia

Vice President

Investor Relations & Corporate Communications

Focus Financial Partners

P: +1-646-560-3999


SOURCE: Focus Financial Partners

Read More

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker