Focus Financial Partners

Focus Financial Partners, Inc. is a holding company, which engages in the provision of wealth management services. It also offers practices, resources, and continuity planning for its partner firms who serve individuals, families, employers, and institutions with comprehensive wealth management services. The company was founded by Leonard R. Chang, Ruediger Adolf and Rajini Sundar Kodialam on July 29, 2015 and is headquartered in New York, NY.

Earnings data Q2 2024

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Focus Financial Partners is a partnership of independent, fiduciary wealth management firms, they provide access to best practices, resources, and continuity planning for its partner firms who serve individuals, families, employers, and institutions with comprehensive wealth management services. It uses its M&A expertise and capital to assist partner firms in identifying attractive expansion prospects of its own and has continued to expand its suite of value-added services to include technology, talent acquisition, business development and marketing, operations, and regulatory advice.

Focus Financial Partners Inc. (FOCS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Focus Financial Partners Inc. (FOCS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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NEW YORK, NY / ACCESSWIRE / July 21, 2022 / Focus Financial Partners Inc. (Nasdaq:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, today announced that it will report its results for the second quarter ended June 30, 2022 on the morning of Thursday, August 4, 2022. Focus will simultaneously post a slide presentation with respect to these results under Events in the Investor Relations section of its website www.focusfinancialpartners.com.

Focus Financial Partners to Release 2022 Second Quarter Results on August 4

NEW YORK, NY / ACCESSWIRE / July 20, 2022 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which Strategic Capital Advisers, Inc. ("SCA"), an SEC registered investment adviser located in Denver, Colorado, will join Focus partner firm Transform Wealth, LLC ("Transform Wealth"). This transaction is expected to close in the second half of 2022, subject to customary closing conditions.

Strategic Capital Advisers to Join Focus Partner Transform Wealth, Strengthening Transform's Capabilities and Presence in Colorado

NEW YORK, NY / ACCESSWIRE / July 1, 2022 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which Ross Bennet Smith ("RBS"), a boutique family office services firm based in London, will join with Focus partner firm NKSFB, LLC ("NKSFB"), one of the premier multifamily office and business management firms in the United States. This transaction is expected to close in the third quarter of 2022, subject to customary closing conditions.

Ross Bennet Smith to Join Focus Partner Firm NKSFB, Expanding NKSFB's Presence into the United Kingdom

NEW YORK, NY / ACCESSWIRE / July 1, 2022 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that the team from Pro Ice Management Group Inc. ("Pro Ice") will join Cardinal Point Capital Management ULC ("Cardinal Point"). The Pro Ice team is expected to join Cardinal Point in the third quarter of 2022.

Pro Ice Management Group Team to Join Focus Partner Firm Cardinal Point, Enhancing Cardinal Point's U.S. - Canadian Cross-Border Expertise & Establishing Its Presence in Professional Athlete Market

Focus Financial Partners Inc. (FOCS) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

Strength Seen in Focus Financial Partners Inc. (FOCS): Can Its 8.3% Jump Turn into More Strength?

NEW YORK, NY / ACCESSWIRE / June 15, 2022 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that Icon Wealth Partners, LLC ("Icon Wealth Partners"), a registered investment adviser headquartered in Houston, Texas, has entered into an agreement to join the Focus partnership. The transaction is expected to close in the third quarter of 2022, subject to customary closing conditions.

Icon Wealth Partners to Join Focus as a New Partner Firm, Broadening Focus Presence in the Texas Wealth Management Market

NEW YORK, NY / ACCESSWIRE / June 8, 2022 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that Rudy Adolf, Founder, CEO and Chairman, and Jim Shanahan, Chief Financial Officer, are scheduled to present at the Morgan Stanley 2022 US Financials, Payments & CRE Conference on Monday, June 13, beginning at approximately 8:00 a.m. ET. Their remarks will include comments on Focus' business strategy, financial performance and outlook.

Focus Financial Partners to Present at the Morgan Stanley 2022 US Financials, Payments & CRE Conference

NEW YORK, NY / ACCESSWIRE / May 31, 2022 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which Grecu Capital Management ("Grecu"), a registered investment adviser located in Bend, Oregon, will join Focus partner firm Buckingham Strategic Wealth, LLC ("Buckingham" or "Buckingham Strategic Wealth"). This transaction is expected to close in the third quarter of 2022, subject to customary closing conditions.

Grecu Capital Management Will Join Focus Partner Firm Buckingham Strategic Wealth, Further Expanding Buckingham's West Coast Presence

The business is in a fast-growing part of the wealth management industry.

This Fast-Growing Company Could Be a Great Value at Today's Prices

NEW YORK, NY / ACCESSWIRE / May 18, 2022 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which Samson Wealth Management Group ("Samson Wealth Management"), a wealth management practice in Fort Washington, Pennsylvania, will join Rockville, Maryland-based Focus partner firm XML Financial Group ("XML"). The transaction is expected to close in the third quarter of 2022, subject to customary closing conditions.

Samson Wealth Management Group to Join Focus Partner Firm XML Financial Group, Expanding XML's Presence in the Mid-Atlantic Region

Focus Financial (FOCS) announces a new $200-million share repurchase program of Class A common stock, as approved by its board of directors.

Focus Financial (FOCS) Authorizes $200M Share Repurchase Plan

NEW YORK, NY / ACCESSWIRE / May 16, 2022 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which Bergman Investment Management ("Bergman" or "Bergman Investment Management") will join Focus partner firm Buckingham Strategic Wealth, LLC ("Buckingham" or "Buckingham Strategic Wealth"). This transaction is expected to close in the third quarter of 2022, subject to customary closing conditions.

Bergman Investment Management To Join Focus Partner Firm Buckingham Strategic Wealth, Further Expanding Buckingham's Presence in the San Francisco Bay Area

Reinforces Confidence of Management and Board of Directors in Focus' Business Model and Long-Term Growth Opportunities NEW YORK, NY / ACCESSWIRE / May 12, 2022 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus" or the "Company"), a leading partnership of independent, fiduciary wealth management firms, announced today that its Board of Directors approved a share repurchase program to repurchase up to $200 million of the Company's Class A common stock from time to time in the open market, in privately negotiated transactons, or by such other means as will comply with applicable state and federal securities laws. "The authorization of this share repurchase program reinforces our confidence in the continued success of the Focus business model and its ability to create long-term shareholder value," said Rudy Adolf, Founder, CEO and Chairman of Focus.

Focus Financial Partners Announces $200 Million Share Repurchase Authorization

Focus Financial Partners Inc. (NASDAQ:FOCS ) Q1 2022 Earnings Conference Call May 5, 2022 8:30 AM ET Company Participants Rudy Adolf - Chairman, CEO & Co-Founder Jim Shanahan - CFO Rusty McGranahan - General Counsel Conference Call Participants Craig Siegenthaler - Bank of America Matt Moon - KBW Michael Young - Truist Securities Rusty McGranahan Good morning, everyone. Before we begin, let me remind you that during the course of this call, we may make a number of forward-looking statements.

Focus Financial Partners Inc. (FOCS) CEO Rudy Adolf on Q1 2022 Results - Earnings Call Transcript

Focus Financial Partners Inc. (FOCS) delivered earnings and revenue surprises of 7.41% and 4.38%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Focus Financial Partners Inc. (FOCS) Beats Q1 Earnings Estimates (Revised)

Focus Financial Partners Inc. (FOCS) delivered earnings and revenue surprises of -9.26% and 4.38%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Focus Financial Partners Inc. (FOCS) Misses Q1 Earnings Estimates

Excellent Performance Reflects Resiliency, Stability and Diversification of Business NEW YORK, NY / ACCESSWIRE / May 5, 2022 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus Inc.", "Focus", the "Company", "we", "us" or "our"), a leading partnership of independent, fiduciary wealth management firms, today reported results for its first quarter ended March 31, 2022. First Quarter 2022 Highlights Total revenues of $536.6 million, 36.1% growth year over year Organic revenue growth(1) rate of 22.0% year over year GAAP net income of $39.1 million GAAP basic and diluted net income per share attributable to common shareholders of $0.45 and $0.44, respectively Adjusted Net Income Excluding Tax Adjustments(2) of $83.1 million and Tax Adjustments(3) of $14.8 million Adjusted Net Income Excluding Tax Adjustments Per Share(2) of $0.98 and Tax Adjustments(3) Per Share(2) of $0.18 Net Leverage Ratio(4) of 3.84x Extended First Lien Revolver maturity to June 2024 and replaced LIBOR benchmark interest rate with SOFR Signed first Swiss partner firm, representing an important evolution in our international growth strategy, which focuses on expanding into independent wealth management markets with secular dynamics that are similar to the U.S., regulatory changes or other discontinuities Please see footnote 2 under "How We Evaluate Our Business" later in this press release.

Focus Financial Partners Reports First Quarter 2022 Results

NEW YORK, NY / ACCESSWIRE / April 30, 2022 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which Wealth Management, LLC, d/b/a Henry+Horne Wealth Management ("Henry+Horne WM"), a registered investment adviser located in Scottsdale, Arizona, will join Focus partner firm InterOcean Capital Group, LLC ("InterOcean"). This transaction is expected to close in the second quarter of this year, subject to customary closing conditions.

Henry + Horne Wealth Management Will Join Focus Partner Firm InterOcean Capital Group, Strengthening InterOcean's Presence in the Southwest

Octogone is a Leading Independent Wealth and Investment Management Firm With a Substantial and Growing Footprint NEW YORK, NY / ACCESSWIRE / April 29, 2022 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which Octogone Holding SA (together with its subsidiaries, "Octogone"), a leading wealth and investment management firm based in Geneva, Switzerland, will join the Focus partnership. The transaction is expected to close in the third quarter of 2022, subject to customary closing conditions.

Focus Expands Global Presence to Switzerland Octogone Holding to Join Focus as a New Partner Firm

NEW YORK, NY / ACCESSWIRE / April 21, 2022 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, today announced that it will report its results for the first quarter ended March 31, 2022 on the morning of Thursday, May 5, 2022. Focus will simultaneously post a slide presentation with respect to these results under Events in the Investor Relations section of its website www.focusfinancialpartners.com.

Focus Financial Partners to Release 2022 First Quarter Results on May 5

NEW YORK, NY / ACCESSWIRE / March 29, 2022 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which Holloway Wealth Management, LLC ("Holloway"), a registered investment advisor based in Gainesville, FL, will join Focus partner firm ARS Wealth Advisors Group, LLC ("ARS Wealth"), located in St Petersburg, FL. The transaction is expected to close in the second quarter of this year, subject to customary closing conditions.

Holloway Wealth Management Will Join ARS Wealth Advisors, Expanding ARS' Presence in the Florida Wealth Management Market

NEW YORK, NY / ACCESSWIRE / March 8, 2022 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that Elizabeth R. Neuhoff and George S.

Elizabeth R. Neuhoff and George S.

NEW YORK, NY / ACCESSWIRE / March 2, 2022 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which Lumia Wealth, LLC ("Lumia"), a registered investment adviser located in Overland Park, Kansas, will join Focus partner firm Buckingham Strategic Wealth, LLC ("Buckingham" or "Buckingham Strategic Wealth"). This transaction is expected to close in the second quarter of 2022, subject to customary closing conditions.

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