Peter Lacaillade

And then it was delisted around Labor Day of 23, so about 18 months ago.

And of the $400 billion of assets, they've now consolidated from a balance sheet perspective, aligned over half of that, including myself.

So I had independent shares in SCS.

So we had a revenue share with Focus, traded those partner shares to be part of the one Focus situation.

And as have the majority of the assets within focus.

So we're all growing aligned, rowing in the same boat.

I believe that we'll be able to solve our clients issues in much better ways.

And it's been a shot of adrenaline.

Also, just it's locked people in.

It's inspired people and it's enabled us to bring in really great talent we couldn't have otherwise brought in.

Yeah.

Lane McDonald, our new CIO, who had previously run the family office for the Johnson family from Fidelity, Harvard Management Company before that, and then a career in private equity at three different firms.

And actually, you're in the Boston area.

He's a bit of a celebrity from his Harvard and USA hockey days.

But literally the best CIO partner I could possibly imagine.

Prior to the focus, take private by CD&R, there's no way we get Lane.

And we also brought in a head of client service, Adrian Penta, who just started a few months ago, and three or four other really senior awesome hires at SCS.

We wouldn't have been able to do that otherwise because they're definitely incentivized and inspired by the vision that we're trying to do, which is to really be the best firm in wealth management, period.

This is the ultra high net worth end that we serve.

the high net worth that the other firms have focused.