UPTIQ, a leading provider of holistic wealth management solutions, announced today that it has acquired Focus Treasury and Credit Solutions, LLC (FTCS), a subsidiary of Focus Financial Partners Inc., a partnership of independent wealth management firms.
The deal will enhance UPTIQ’s AI-enabled technology by integrating FTCS’s client-centric approach to offering cash and credit solutions to financial advisors. FTCS will be rebranded as UPTIQ Treasury and Credit Solutions, LLC (UTCS), and Focus will become a shareholder in UPTIQ.
The acquisition will benefit UPTIQ’s clients by combining high-tech and high touch, expanding its product offering, and increasing its distribution. UPTIQ’s founder and CEO, Snehal Fulzele, and Focus’s chief growth officer, Eric Amar, expressed their excitement and confidence in the merger, which will create a differentiated and powerful solution for the industry. The leadership teams of both companies are committed to a smooth transition and continuity of service for all existing clients.
Founded in 2022, UPTIQ modernizes holistic wealth management for financial advisors by expanding services beyond traditional investments. A client’s financial life consists of more than just their assets. UPTIQ gives financial advisors the ability to manage liabilities as strategically as assets and preserve their clients’ wealth while maintaining liquidity for life’s biggest goals.