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Colony Group buying Aurora Financial, Gelfand Rennert & Feldman buying WG&S

Aurora Financial Advisors LLC will be joining The Colony Group LLC, and WG&S LLP will join Gelfand Rennert & Feldman LLC, according to a press release from Focus Financial Partners Inc., a partnership of independent fiduciary wealth management firms.

The terms of the deals were not disclosed. Both transactions are expected to close in the first quarter of 2019.

Aurora is an independent wealth management firm, which will join Colony, an independent, fee-only financial advisory firm.

WG&S is a multifamily office and business management company, which will join Gelfand Rennert & Feldman, a full-service multifamily office and business management company.