Focus Financial Partners, the New York-based RIA aggregator, is continuing to consolidate by merging HoyleCohen, a San Diego-based partnership firm with $3.6 billion in assets under management, into The Colony Group. The deal is expected to close in the third quarter.

HoyleCohen was created in 2001 when Kevin Hoyle and Joe Cohen merged their financial advisor practices. RIA became one Focus partner in 2006. The firm now has over 60 team members and 1,700 client families.

“We have grown significantly since partnering with Focus in 2006,” HoyleCohen CEO and Senior Managing Partner Mark Delfino said in a statement. “As we assessed the resources our team needed to continue our growth momentum, we realized that partnering with a firm like Colony would help us accelerate the achievement of our firm's goals and, more importantly, our clients' life goals. “

Last year, Focus went private in one sale to private equity firm Clayton, Dubilier and Rice. Since CD&R took over, Focus has consolidated its 90 independent operations subsidiary practices in a handful of its larger firms. Previously, Focus acquired the management teams of Colony and Kovitz and converted them into “hub” firms that will acquire other Focus partner RIAs.

Last month, Focus announced it would merge Gratus Capitalan Atlanta-based partnership firm with $3.8 billion in AUM, in the Colony Group.

In March, the Colony announced it joining GW & Wade, a Wellesley, Mass.-based RIA with $10.4 billion in assets. In April, Colony merged with InterOcean Capital Group, a Nashville-based RIA. This was followed by joining Buckingham in May. In June, Focus moved five business lines from Connectus to Colonyincluding Atlas Private Wealth Management, Connectus Private, Hunt Valley Wealth, Mid-Continent Capital and NEIRG Wealth Management.

Colony recently named Daniel Anderson, the former CFO of Buckingham Strategic Wealth, as its new CFO, replacing Terri Feeney, according to public filings. Sal Pope, general counsel and chief compliance officer at Buckingham, will serve as Colony's chief legal and risk officer, while Justin Ferri, president and COO at Buckingham, will serve as co-president alongside Zinovy. Iosovich.

Last week, Focus announced it was promoting Travis Danysh, head of mergers and acquisitions and business development, to chief corporate development officer. He will report to Michael Nathanson, CEO of Focus. Danysh continues to oversee Focus' consolidation strategy.