Clients
Focus Partners Wealth serves 62,466 clients, 30,177 of them high-net-worth individuals. The average client has about $2.9 million with the firm, and high-net-worth clients hold 78% of its $181.9 billion in assets.
- Individuals30,825 clients7%
- High-net-worth individuals30,177 clients78%
- Pension and profit-sharing plans535 clients5%
- Charitable organizations388 clients2%
- OtherInvestment companies, Pooled investment vehicles, State or municipal government entities, Other investment advisers, Insurance companies, Corporations and other businesses7%
What it does
Focus Partners Wealth provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, educational seminars and other activities. It is paid through a percentage of assets, hourly charges, fixed fees, performance-based fees and other arrangements.
Focus Partners Wealth provided financial planning to 11,000 clients last fiscal year and advises 26 private funds.
81.5% of assets ($148.24B across 197,404 accounts) are managed with discretion; $33.62B across 23,181 accounts are not. $1.12B sits in a wrap fee program the firm both sponsors and manages. 0% of clients are outside the U.S., and 1,500 clients received advice without assets under management last fiscal year.
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| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 30,825 | $13,521,000,000 | 7.4% | $439K |
| High-net-worth individuals | 30,177 | $142,518,000,000 | 78.4% | $4.72M |
| Investment companies | 4 | $1,535,000,000 | 0.8% | $383.8M |
| Pooled investment vehicles | 25 | $2,971,000,000 | 1.6% | $118.8M |
| Pension and profit-sharing plans | 535 | $9,308,000,000 | 5.1% | $17.4M |
| Charitable organizations | 388 | $4,457,000,000 | 2.5% | $11.5M |
| State or municipal government entities | 42 | $3,614,000,000 | 2.0% | $86.0M |
| Other investment advisers | 12 | $699,000,000 | 0.4% | $58.3M |
| Insurance companies | 2 | $8,000,000 | 0.0% | $4.00M |
| Corporations and other businesses | 456 | $3,231,000,000 | 1.8% | $7.09M |
| Total | 62,466 | $181,862,000,000 | 100% | $2.91M |
- Regulatory AUM
- $13,521,000,000
- Share
- 7.4%
- Avg. per client
- $439K
- Regulatory AUM
- $142,518,000,000
- Share
- 78.4%
- Avg. per client
- $4.72M
- Regulatory AUM
- $1,535,000,000
- Share
- 0.8%
- Avg. per client
- $383.8M
- Regulatory AUM
- $2,971,000,000
- Share
- 1.6%
- Avg. per client
- $118.8M
- Regulatory AUM
- $9,308,000,000
- Share
- 5.1%
- Avg. per client
- $17.4M
- Regulatory AUM
- $4,457,000,000
- Share
- 2.5%
- Avg. per client
- $11.5M
- Regulatory AUM
- $3,614,000,000
- Share
- 2.0%
- Avg. per client
- $86.0M
- Regulatory AUM
- $699,000,000
- Share
- 0.4%
- Avg. per client
- $58.3M
- Regulatory AUM
- $8,000,000
- Share
- 0.0%
- Avg. per client
- $4.00M
- Regulatory AUM
- $3,231,000,000
- Share
- 1.8%
- Avg. per client
- $7.09M
What the accounts hold
- Stocks38%
- Exchange-traded equities37%
- Non-exchange-traded equities1%
- Funds42%
- Registered funds38%
- Pooled vehicles4%
- Bonds9%
- U.S. government and agency bonds3%
- State and local bonds3%
- Investment grade corporate bonds3%
- Cash7%
- Other4%
- Various other assets, including charitable gift fund pools, individual retirement plan assets, annuities, etc.4%
Custodians
Focus Partners Wealth’s client accounts are held mainly at Charles Schwab, with 50% of managed assets, and Fidelity, with 30%. Focus Partners Wealth has custody of $65.00B for 24,000 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $55.12B30%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $90.63B50%
- All other custodians$36.11B20%
Ownership and leadership
Focus Operating, LLC owns 75% or more of Focus Partners Wealth, and Adam Birenbaum is its CEO.
- Owns 75% or more of Focus Partners Wealth, LLC
Focus Operating, LLC
Control person · since October 2011
- Owns 75% or more of Focus Operating, LLC
Focus Financial Partners, LLC
Control person · since January 2007
- Owns 50% to 75% of Focus Financial Partners, LLC
Focus Financial Partners Inc.
Control person · since July 2018
- Owns 75% or more of Focus Financial Partners Inc.
Ferdinand FFP Acquisition, LLC
Control person · since August 2023
- Owns 75% or more of Ferdinand FFP Acquisition, LLC
Ferdinand FFP Intermediate Holdings, LLC
Control person · since August 2023
- Owns 75% or more of Ferdinand FFP Intermediate Holdings, LLC
Ferdinand FFP Parent, Inc.
Control person · since August 2023
- Owns 75% or more of Focus Financial Partners Inc.
Ferdinand FFP Ultimate Holdings, LP
Control person · since August 2023
- Owns 50% to 75% of Ferdinand FFP Ultimate Holdings, LP
CD&R Ferdinand Holdings, L.P.
Control person · since August 2023
- Owns 50% to 75% of CD&R Ferdinand Holdings, L.P.
Clayton, Dubilier & Rice Fund Xii, L.P.
Control person · since August 2023
- Owns 25% to 50% of CD&R Ferdinand Holdings, L.P.
CD&R Ferdinand Co-Investor, L.P.
Control person · since August 2023
CD&R Associates Xii, L.P.
General partner · Control person · since August 2023
CD&R Investment Associates Xii, LTD.
General partner · Control person · since August 2023
Leadership
- Adam BirenbaumChief Executive Officer
- Dhruv GuptaChief Financial Officer
- Justin FerriChief Operating Officer
- John StelleyChief Compliance Officer
- Gina BradleyChief Administrative Officer
- Vincent GratchDeputy Chief Comp. Officer
- Joel HirshChief Investment Officer
- Karla SullivanSenior VP, Segment General Counsel
Staff
- 1,915 employees
- 1,025 in advisory functions
- 800 state-registered reps
- 2 insurance agents
- 100 soliciting firms
Reported holdings
Focus Partners Wealth’s reported 13F holdings total $97.63B across 2,759 positions, and the ten largest make up 20.4% of it.
- $97.63B
- Reported 13F value
- 2,759
- Positions
- 20.4%
- In the 10 largest
- +8.6%
- Value vs. prior quarter
- Apple Inc.3.0%
- Nvidia Corporation2.5%
- Select Sector SPDR TR · ST Str Techn ETF2.5%
- Microsoft Corp.1.9%
- Dimensional ETF Trust · US Cor Equ 2 ETF1.9%
- Vanguard Index Fds · S&P 500 ETF Shs1.9%
- iShares TR · Core S&P500 ETF1.9%
- State Str SPDR S&P 500 ETF T · TR Unit1.7%
- Amazon Com Inc.1.7%
- Alphabet Inc. · Cap Stk CL A1.5%
Together, the ten largest are 20.4% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $97.63B is not its $181.86B in regulatory assets and does not represent any individual client's portfolio.
Fees
Focus Partners Wealth charges up to 1.25% a year for investment advisory services.
| Service | Stated range | How it is charged |
|---|---|---|
| Investment advisory services | Up to 1.25% a year | Percentage of assets; negotiable, billed in advance. |
- Stated range
- Up to 1.25% a year
- How it is charged
- Percentage of assets; negotiable, billed in advance.
Offices and registrations
Besides its headquarters, Focus Partners Wealth has 112 offices, with 26 listed addresses across 17 states.
California · 4 listed addresses
- 2120 Colorado Avenue, Santa Monica
- 1550 El Camino Real, Menlo Park
- 350 Camino De La Reina, San Diego
- 4500 Park Granada, Calabasas
Massachusetts · 3 listed addresses
- One Boston Place, 11th Floor, Boston
- 50 Derby Street, Hingham
- 140 Kendrick Street, Needom
Connecticut · 2 listed addresses
- 55 Post Road West, Westport
- 75 Isham Road, West Hartford
Illinois · 2 listed addresses
- 10 S. Wacker Drive, Chicago
- 520 Lake Cook Road, Deerfield
New York · 2 listed addresses
- 599 Lexington Ave, New York
- 3 Atrium Drive, Albany
Washington · 2 listed addresses
- 3015 112th Avenue Ne, Bellevue
- 920 5th Avenue, Seattle
Arizona · 1 listed address
- 2423 E. Broadway BLVD., Tuscon
Colorado · 1 listed address
- 6400 S. Fiddlers Green Circle, Greenwood Village
Florida · 1 listed address
- 5100 Town Center Circle, Boca Raton
Georgia · 1 listed address
- 3535 Piedmont Road Ne, Atlanta
Indiana · 1 listed address
- 8555 N River Road, Indianapoilis
Maryland · 1 listed address
- 7475 Wisconsin Avenue, Bethesda
Michigan · 1 listed address
- Two Towne Square, Southfield
Missouri · 1 listed address
- 190 Carondelet Plaza, Suite 600, ST. LouisHQ
Oregon · 1 listed address
- 1211 SW 5th Avenue, Portland
Pennsylvania · 1 listed address
- 680 Anderson Drive, Pittsburg
Tennessee · 1 listed address
- 150 4th Ave North, Nashville
Other business names
Focus Partners Wealth has reported 2 other business names to the SEC.
- Churchill Management Group
- D. K. Brede Investment Management Company, A Focus Partners Wealth Company
Registration details
- Legal name
- Focus Partners Wealth, LLC
- Headquarters
- 190 Carondelet Plaza, Suite 600, ST. Louis, MO 63105
- Phone
- 314-725-0455
- Website
- focuspartners.com
- SEC file
- 801-72862
- 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 Partners Wealth have?
Focus Partners Wealth has 62,466 clients and manages $181.9 billion for them, as of September 2026. They include 30,825 other individuals, 30,177 high-net-worth individuals and 535 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 29 September 2026
What services does Focus Partners Wealth offer?
Focus Partners Wealth provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, educational seminars and other activities. Its services also include business succession planning, divorce planning, education planning, estate planning, family office services, insurance, philanthropic planning, tax planning and tax preparation.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Focus Partners Wealth charge?
Focus Partners Wealth charges up to 1.25% a year for investment advisory services.
Source: Part 2A brochure, Item 5
Which custodians does Focus Partners Wealth use?
Focus Partners Wealth’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $90,633,196,522 and Fidelity Brokerage Services LLC (Smithfield, RI), with $55,122,918,851. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 29 September 2026
How many financial advisors does Focus Partners Wealth have?
Focus Partners Wealth has 800 investment adviser representatives registered with state securities authorities, out of 1,915 employees, and 1,025 perform investment advisory functions. 0 are registered representatives of a broker-dealer and 2 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 Partners Wealth invest in?
At the end of its last fiscal year, Focus Partners Wealth’s separately managed accounts held 38% registered funds (mutual funds, ETFs, BDCs), 37% exchange-traded equities, 7% cash and equivalents, 4% pooled vehicles (private funds and similar), 4% various other assets, including charitable gift fund pools, individual retirement plan assets, annuities, etc., 3% U.S. government and agency bonds, 3% state and local bonds, 3% investment grade corporate bonds and 1% non-exchange-traded equities. It advises 26 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Focus Partners Wealth?
Focus Partners Wealth is owned through a chain of holding companies by Ferdinand FFP Parent, Inc. 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 29 September 2026
How does Focus Partners Wealth get paid?
Focus Partners Wealth is paid through a percentage of assets under management, hourly charges, fixed fees, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file