Private company

Focus Financial Partners Inc.

American investment advice company, incorporated in Delaware1

In its 2023 annual report the company says: “We are a leading partnership of independent, fiduciary wealth management firms operating in the highly fragmented registered investment adviser industry, with a footprint of over 85 partner firms primarily in the United States. We have achieved this market leadership by positioning ourselves as the partner of choice for many firms in an industry where a number of secular trends are driving consolidation.”47 It is headquartered in New York, New York.1

Last updated Oct 20, 2026.

Overview

$2.1BRevenue, fiscal 20222
$91.8MNet income, fiscal 20222
  • IndustryInvestment Advice1
  • HeadquartersNew York, New York1
  • Incorporated inDE3
  • Business address875 Third Avenue, 28Th Floor, New York, Ny 100223
  • Filer categoryLarge accelerated filer3

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

13.7%Operating margin2
4.3%Net margin2
19.2%Revenue growth, 20222
8.7%Return on equity2
$267.6MFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Selling, general and admin18¢$376.4M
  • Other costs76¢$1.6B
  • Income tax2¢$53.1M
  • Profit4¢$91.8M

Out of $2.1B in revenue.2

Where each dollar of operating cash went, fiscal 2022

  • Capital spending7¢$21.0M
  • Kept or used elsewhere93¢$267.6M

Out of $288.6M of cash from operations.2

Financial statements

Revenue45672$2.1B in 2022+342% since 2016
0$1.0B$2.0B$3.0B2016: $485.4M$485.4M20162017: $662.9M$662.9M2017+37%2018: $910.9M$910.9M2018+37%2019: $1.2B$1.2B2019+34%2020: $1.4B$1.4B2020+12%2021: $1.8B$1.8B2021+32%2022: $2.1B$2.1B2022+19%
Operating income45672$294.3M in 2022+669% since 2016
0$100.0M$200.0M$300.0M2016: $38.3M$38.3M20162017: $5.8M$5.8M2017−85%2018: $44.4M$44.4M2018+672%2019: $67.6M$67.6M2019+52%2020: $119.8M$119.8M2020+77%2021: $102.9M$102.9M2021−14%2022: $294.3M$294.3M2022+186%
Net income45672$91.8M in 2022+484% since 2016
-$50.0M0$50.0M$100.0M2016: $15.7M$15.7M20162017: -$48.4M-$48.4M20172018: -$590.0K-$590.0K2018−99%2019: -$12.9M-$12.9M2019+2082%2020: $28.0M$28.0M20202021: $10.4M$10.4M2021−63%2022: $91.8M$91.8M2022+782%
Fiscal year20152016201720182019202020212022
Revenue$485.4M4$662.9M5$910.9M6$1.2B7$1.4B2$1.8B2$2.1B2
Selling, general and admin$98.6M4$134.6M5$170.3M6$232.9M7$236.4M2$297.6M2$376.4M2
Operating expenses$1.7B2$1.8B2
Operating income$38.3M4$5.8M5$44.4M6$67.6M7$119.8M2$102.9M2$294.3M2
Income before tax$44.5M2$178.4M2
Income tax$981.0K4-$1.5M5$9.4M6$7.0M7$20.7M2$20.1M2$53.1M2
Net income$15.7M4-$48.4M5-$590.0K6-$12.9M7$28.0M2$10.4M2$91.8M2

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Corporate structure

Focus Financial Partners Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Focus Financial Partners Inc.

  • Capital World Investors Filed SC 13G/A on Focus Financial Partners Inc., latest Feb 9, 2024 (3 filings since Feb 11, 2022)
  • Trident FFP LP Filed SC 13D/A on Focus Financial Partners Inc., latest Aug 31, 2023 (3 filings since Feb 2, 2023)
  • JPMorgan Chase Filed SC 13G/A on Focus Financial Partners Inc., latest May 5, 2023 (3 filings since Jan 12, 2022)
  • WASATCH ADVISORS LP Filed SC 13G/A on Focus Financial Partners Inc., latest Apr 7, 2023 (4 filings since Feb 9, 2022)
  • VANGUARD GROUP INC Filed SC 13G/A on Focus Financial Partners Inc., latest Feb 9, 2023 (2 filings since Feb 10, 2022)
  • Focus Financial Partners Inc. New York, New York

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Focus Financial Partners Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$121.2M2 Dec 31, 2022$106.2M2 Dec 31, 2021+14.2%
Accumulated depreciation$66.5M2 Dec 31, 2022$59.0M2 Dec 31, 2021+12.8%
Property and equipment, net$54.7M2 Dec 31, 2022$47.2M2 Dec 31, 2021+16.0%
Operating-lease assets (leased space)$258.7M2 Dec 31, 2022$249.8M2 Dec 31, 2021+3.5%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$140.0M2 Dec 31, 2022$310.7M2 Dec 31, 2021−54.9%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$2.2B2 Dec 31, 2022$1.9B2 Dec 31, 2021+12.6%
Intangible assets, net (excluding goodwill)$1.6B2 Dec 31, 2022$1.6B2 Dec 31, 2021+3.6%
Indefinite-lived intangibles (excluding goodwill)$02 Dec 31, 2022$07 Dec 31, 2021
Finite-lived intangibles, gross$2.7B2 Dec 31, 2022$2.4B2 Dec 31, 2021+13.0%
Accumulated amortization$1.1B2 Dec 31, 2022$849.2M2 Dec 31, 2021+30.3%
Finite-lived intangibles, net$1.6B2 Dec 31, 2022$1.6B2 Dec 31, 2021+3.6%

Leadership

Who has led Focus Financial Partners Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Ruediger Adolf2018–2023

Chair

  1. Ruediger Adolf2018–2023

Chief operating officer

  1. Rajini Sundar Kodialam2018–2023
20202025
Board members and other officers (13)

Timeline

  1. Aug 31, 20238-K Entered a material agreement; Completed an acquisition or sale; New debt or obligation26
  2. Aug 4, 20238-K Executive or director change27
  3. Aug 3, 20238-K Results of operations; Regulation FD disclosure28
  4. Jul 14, 20238-K Shareholder vote29
  5. Jul 6, 20238-K Other events30
  6. May 4, 20238-K Results of operations; Regulation FD disclosure31
  7. Feb 28, 20238-K Entered a material agreement32
  8. Feb 27, 20238-K Other events33
  9. Feb 16, 20238-K Results of operations; Regulation FD disclosure34
  10. Nov 29, 20228-K Entered a material agreement; New debt or obligation35
  11. Nov 3, 20228-K Results of operations; Regulation FD disclosure36
  12. Aug 4, 20228-K Results of operations; Regulation FD disclosure37
  13. Jul 25, 2018New chief executive Ruediger Adolf becomes CEO12

Calendar

When it reported results

  1. Aug 3, 2023Reported quarterly or annual results28
  2. May 4, 2023Reported quarterly or annual results31
  3. Feb 16, 2023Reported quarterly or annual results34
  4. Nov 3, 2022Reported quarterly or annual results36
  5. Aug 4, 2022Reported quarterly or annual results37
  6. May 5, 2022Reported quarterly or annual results38
  7. Feb 17, 2022Reported quarterly or annual results39
  8. Nov 4, 2021Reported quarterly or annual results40

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

121 filings to the SEC since October 2021: 3 annual reports, 6 quarterly reports, 21 major events, 50 insider forms, 15 large holders, 26 other. The latest 20:

  1. Feb 9, 2024SC 13G/A SEC SCHEDULE 13G EDGAR
  2. Sep 11, 202315-12G EDGAR
  3. Sep 1, 20234 OWNERSHIP DOCUMENT EDGAR
  4. Sep 1, 20234 OWNERSHIP DOCUMENT EDGAR
  5. Sep 1, 20234 OWNERSHIP DOCUMENT EDGAR
  6. Sep 1, 20234 OWNERSHIP DOCUMENT EDGAR
  7. Sep 1, 20234 OWNERSHIP DOCUMENT EDGAR
  8. Sep 1, 20234 OWNERSHIP DOCUMENT EDGAR
  9. Sep 1, 20234 OWNERSHIP DOCUMENT EDGAR
  10. Sep 1, 20234 OWNERSHIP DOCUMENT EDGAR
  11. Sep 1, 20234 OWNERSHIP DOCUMENT EDGAR
  12. Sep 1, 20234 OWNERSHIP DOCUMENT EDGAR
  13. Aug 31, 2023SC 13D/A EDGAR
  14. Aug 31, 2023POSASR EDGAR
  15. Aug 31, 2023S-8 POS EDGAR
  16. Aug 31, 2023S-8 POS EDGAR
  17. Aug 31, 2023SC 13E3/A EDGAR
  18. Aug 31, 20238-K EDGAR
  19. Aug 31, 20234 FORM 4 SUBMISSION EDGAR
  20. Aug 31, 20234 FORM 4 SUBMISSION EDGAR

The 121 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Focus Financial Partners Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARFocus Financial Partners Inc.1
  • CIK0001651052
  • Employer ID (EIN)47-47808111
  • Filer statusLarge accelerated filer1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)6282 Investment Advice1
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance1
  • Business address875 Third Avenue, 28Th Floor, New York, NY 100221
  • Phone(646)519-24561
  • Public float$2.0B as of Jun 30, 202246
  • On EDGAR sinceOct 30, 20151
  • Filings303 in all: 4 (93), 8-K (58), 3 (18), 10-Q (16), SC 13G/A (14), DEFA14A (12), UPLOAD (11), SC 13G (8)1
    All 39 form types

    CORRESP (7), DRS/A (7), SC 13D/A (7), DRSLTR (6), 10-K (5), 424B7 (4), DEF 14A (4), SC 13E3/A (3), 424B5 (2), 8-K/A (2), S-1/A (2), S-3ASR (2), S-8 (2), S-8 POS (2), SC 13D (2), 10-K/A (1), 15-12G (1), 25-NSE/A (1), 424B4 (1), 8-A12B (1), CERT (1), CT ORDER (1), D (1), DEFM14A (1), DRS (1), EFFECT (1), POSASR (1), PREM14A (1), PRER14A (1), S-1 (1), SC 13E3 (1)

  • Latest filingsAnnual report (10-K) Feb 16, 2023
    Quarterly report (10-Q) Aug 3, 2023
    Proxy statement (DEF 14A) Apr 14, 2022
    Latest 8-K (8-K) Aug 31, 2023

Sources

The numbers on this page point here. Each one links to the record it came from.

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    SEC EDGAROther events
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    SEC EDGAROther events
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