Focus Advisor Solutions: AUM & Ownership

Clients

Focus Advisor Solutions serves 35,101 clients, 9,302 of them high-net-worth individuals. The average client has about $1.2 million with the firm, and high-net-worth clients hold 65% of its $41.5 billion in assets.

Regulatory assets by client type

Individuals23,933 clients18%
High-net-worth individuals9,302 clients65%
Other investment advisers62 clients14%
OtherInvestment companies, Pension and profit-sharing plans, Charitable organizations, Corporations and other businesses, Other3%

Show client breakdown

Client type	Clients	Regulatory AUM	Share	Avg. per client
Individuals (other than HNW)	23,933	$7,606,655,641	18.3%	$318K
High-net-worth individuals	9,302	$26,956,336,391	65.0%	$2.90M
Investment companies	3	$679,465	0.0%	$226K
Pension and profit-sharing plans	1,380	$122,505,690	0.3%	$89K
Charitable organizations	192	$331,008,175	0.8%	$1.72M
Other investment advisers	62	$5,870,131,088	14.2%	$94.7M
Corporations and other businesses	217	$582,312,681	1.4%	$2.68M
Other	12	$14,251,490	0.0%	$1.19M
Total	35,101	$41,483,880,621	100%	$1.18M

Individuals (other than HNW)

Clients: 23,933
Regulatory AUM: $7,606,655,641
Share: 18.3%
Avg. per client: $318K

High-net-worth individuals

Clients: 9,302
Regulatory AUM: $26,956,336,391
Share: 65.0%
Avg. per client: $2.90M

Investment companies

Clients: 3
Regulatory AUM: $679,465
Share: 0.0%
Avg. per client: $226K

Pension and profit-sharing plans

Clients: 1,380
Regulatory AUM: $122,505,690
Share: 0.3%
Avg. per client: $89K

Charitable organizations

Clients: 192
Regulatory AUM: $331,008,175
Share: 0.8%
Avg. per client: $1.72M

Other investment advisers

Clients: 62
Regulatory AUM: $5,870,131,088
Share: 14.2%
Avg. per client: $94.7M

Corporations and other businesses

Clients: 217
Regulatory AUM: $582,312,681
Share: 1.4%
Avg. per client: $2.68M

Other

Clients: 12
Regulatory AUM: $14,251,490
Share: 0.0%
Avg. per client: $1.19M

Total

Clients: 35,101
Regulatory AUM: $41,483,880,621
Share: 100%
Avg. per client: $1.18M

What it does

Focus Advisor Solutions provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, educational seminars and other activities. It is paid through a percentage of assets, fixed fees and other arrangements.

Focus Advisor Solutions provided financial planning to 0 clients last fiscal year and advises no private funds.

56.0% of assets ($23.21B across 42,909 accounts) are managed with discretion; $18.27B across 48,450 accounts are not. 0% of clients are outside the U.S., and 1,716 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end

Stocks6%
Funds75%
- Registered funds74%
- Pooled vehicles1%
Bonds11%
- State and local bonds6%
- U.S. government and agency bonds5%
Cash7%

Filed values cover 99%. The neutral 1% gap has no reported category.

Custodians

Focus Advisor Solutions’ client accounts are held mainly at Charles Schwab, with 70% of managed assets, and Fidelity, with 22%. Focus Advisor Solutions has custody of $14.13B for 25,678 clients.

Managed account assets by custodian

Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $29.17B70%
PershingPershing LLC · Jersey City, NJ · $3.24B8%
FidelityNational Financial Services LLC · Boston, MA · $9.01B22%
All other custodians$61.5M0%

Ownership and leadership

Focus Operating, LLC owns 75% or more of Focus Advisor Solutions, and Adam Birenbaum is its CEO.

Who owns the firm

Focus Advisor Solutions, LLC· the adviser

Focus Operating, LLC
Control person · since February 2007
Owns 75% or more of Focus Advisor Solutions, LLC
- Focus Financial Partners, LLC
  Control person · since January 2007
  Owns 75% or more of Focus Operating, LLC
  - Focus Financial Partners Inc.
    Control person · since July 2018
    Owns 50% to 75% of Focus Financial Partners, LLC
    - Ferdinand FFP Acquisition, LLC
      Control person · since August 2023
      Owns 75% or more of Focus Financial Partners Inc.
      - Ferdinand FFP Intermediate Holdings, LLC
        Control person · since August 2023
        Owns 75% or more of Ferdinand FFP Acquisition, LLC
    - Ferdinand FFP Ultimate Holdings, LP
      Control person · since August 2023
      Owns 75% or more of Focus Financial Partners Inc.
      - CD&R Ferdinand Holdings, L.P
        Control person · since August 2023
        Owns 50% to 75% of Ferdinand FFP Ultimate Holdings, LP

Leadership

Adam Birenbaum
Chief Executive Officer
Jonathan Scheid
President
Dhruv Gupta
Chief Financial Officer
Gina Bradley
Chief Operating Officer
Jeffery Yorg
Head of Legal and Chief Compliance Officer, Focus Partners Advisor Solutions and Sa Funds
Kevin Grogan
Chief Investment Officer of Systematic Strategies
Howard Lee
Managing Director
Karla Sullivan
Senior VP, Segment General Counsel

Staff

309 employees
46 in advisory functions
46 state-registered reps
16 broker-dealer reps

Reported holdings

Focus Advisor Solutions’ reported 13F holdings total $11.80B across 1,243 positions, and the ten largest make up 44.2% of it.

$11.80B
Reported 13F value: 1,243
Positions: 44.2%
In the 10 largest: +18.9%
Value vs. prior quarter

Ten largest positions, share of reported value

iShares TR · Core S&P Ttl Stk8.2%
Dimensional ETF Trust · US Cor Equ 2 ETF6.6%
EA Series Trust · Brid Omn Sma ETF5.2%
Vanguard Scottsdale Fds · Inter Term Treas4.8%
American Centy ETF TR · Intl Smcp Vlu4.1%
Dimensional ETF Trust · US Targeted Vlu3.3%
American Centy ETF TR · US Sml CP Valu3.2%
Dimensional ETF Trust · Emerging Mkts CO3.0%
iShares TR · Core MSCI Intl3.0%
Dimensional ETF Trust · Internatnal Val2.7%

Together, the ten largest are 44.2% of reported value.

The 50 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 6 August 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $11.80B is not its $41.48B in regulatory assets and does not represent any individual client's portfolio.

Fees

Focus Advisor Solutions is paid through a percentage of assets under management, fixed fees (other than subscription fees) and other.

Focus Advisor Solutions’ fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Focus Advisor Solutions has 0 offices, with 1 listed address in 1 state.

Listed office addresses by state

Missouri · 1 listed address

190 Carondelet Plaza, Suite 600, ST. LouisHQ

Other business names

Focus Advisor Solutions has reported 2 other business names to the SEC.

Focus Partners Advisor Solutions, LLC
Weatherstone Capital Management

Registration details

Legal name: Focus Advisor Solutions, LLC
Headquarters: 190 Carondelet Plaza, Suite 600, ST. Louis, MO 63105
Phone: 314-725-0455
Website: Not reported
SEC file: 801-67641
Structure: Delaware LLC
Fiscal year end: December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Focus Advisor Solutions have?

Focus Advisor Solutions has 35,101 clients and manages $41.5 billion for them, as of August 2026. They include 23,933 other individuals, 9,302 high-net-worth individuals and 1,380 pension and profit-sharing plans.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 5 August 2026

What services does Focus Advisor Solutions offer?

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

Which custodians does Focus Advisor Solutions use?

Focus Advisor Solutions’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $29,166,799,123, National Financial Services LLC (Boston, MA), with $9,011,871,316 and Pershing LLC (Jersey City, NJ), with $3,243,724,634. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 5 August 2026

How many financial advisors does Focus Advisor Solutions have?

Focus Advisor Solutions has 46 investment adviser representatives registered with state securities authorities, out of 309 employees, and 46 perform investment advisory functions. 16 are registered representatives of a broker-dealer and 0 are licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

What does Focus Advisor Solutions invest in?

At the end of its last fiscal year, Focus Advisor Solutions’ separately managed accounts held 74% registered funds (mutual funds, ETFs, BDCs), 7% cash and equivalents, 6% exchange-traded equities, 6% state and local bonds, 5% U.S. government and agency bonds and 1% pooled vehicles (private funds and similar). It advises no private funds of its own.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Focus Advisor Solutions?

Focus Advisor Solutions is owned through a chain of holding companies by Ferdinand FFP Parent, Inc., CD&R Ferdinand Co-Investor, L.P. and Clayton, Dubilier & Rice Fund Xii, L.P. Its direct owner is Focus Operating, LLC (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 5 August 2026

How does Focus Advisor Solutions get paid?

Focus Advisor Solutions is paid through a percentage of assets under management, fixed fees and other arrangements. Its Form ADV lists no commissions or performance-based fees among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file