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January 11, 2023

West Hartford investment firm acquires NYC company

PHOTO | COSTAR GYL Financial Synergies nearly doubled the size of its office space when it moves to a newly-renovated 9,000-square-foot space in the Lexicon building in West Hartford’s Blue Back Square.

A West Hartford-based investment firm, GYL Financial Synergies, has acquired a New York City company, expanding its market reach into the northeast.

Financial Partners Capital Management will join GYL, according to Focus Financial Partners Inc., a partnership of independent, fiduciary wealth management firms, which announced the agreement Tuesday.

Headquartered in Blue Back Square, GYL has offices in Westport and Parsippany, N.J. Financial Partners’ Midtown office will be rebranded under the GYL name.

The transaction is expected to close in the first quarter of 2023.

GYL provides financial planning and investment management advice for high-net-worth individuals, families, institutions, foundations and endowments in 38 states. It has more than 50 employees.

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