Scarcity Partners takes minority stake in Infocus

Scarcity Partners have taken a minority stake in Infocus Wealth Management (Infocus). The financial terms and percentage holding remain undisclosed.

Scarcity Partners notes the deal reflects growing demand for strategic capital among advice businesses as advisers contend with rising compliance obligations, technology costs and increasingly complex client needs.

Infocus said it currently has 270 advisers and  nearly $21 billion in funds under advice, positioning the group among the country's nine largest advisory networks.

Scarcity Partners said its investment would support continued spending across infrastructure, technology, investment capabilities and operational support for advisors operating within the Infocus network.

Adrian Whittingham, founder and managing partner of Scarcity Partners, said the transaction was designed as a long-term strategic partnership rather than a short-term capital event.

"Infocus has built something genuinely differentiated. It is a founder-led business with deep adviser relationships, award winning technology and a three-decade track record of backing independent advice," Whittingham said.

"Our investment is a long-term commitment to ensuring Infocus has the capital and strategic support to keep investing in its advisers and to remain one of the defining players in independently aligned advice in Australia."

The deal comes as the advice sector continues to undergo structural change, with many firms seeking scale and external investments to manage increasing operational complexity while preserving adviser independence.

Industry participants have increasingly pointed to integrated technology platforms and operational support capabilities as key differentiators in attracting advisers and sustaining long term growth.