Focused Alpha provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers. Financial planning was provided to 251–500 clients last fiscal year.
Focused Alpha reports 553 clients. They include 413 individual clients, 128 high-net-worth individuals, and 12 corporations and other businesses. Of its assets, 97.9% ($650M across 1,506 accounts) are managed with discretion; $13.7M across 8 accounts are not. A wrap fee program the firm both sponsors and manages holds $664M. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 75% | 27% |
| High-net-worth individuals | 23% | 48% |
| State or municipal government entities | Fewer than 5 | 23% |
| Corporations and other businesses | 2% | 3% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 413 | $176M | 26.5% | $426K |
| High-net-worth individuals | 128 | $317M | 47.7% | $2.47M |
| State or municipal government entities | Fewer than 5 | $151M | 22.7% | — |
| Corporations and other businesses | 12 | $20.6M | 3.1% | $1.72M |
| Total | 553 | $664M | 100% | — |
- Clients
- 413
- Regulatory AUM
- $176M
- AUM share
- 26.5%
- Avg. per client
- $426K
- Clients
- 128
- Regulatory AUM
- $317M
- AUM share
- 47.7%
- Avg. per client
- $2.47M
- Clients
- Fewer than 5
- Regulatory AUM
- $151M
- AUM share
- 22.7%
- Avg. per client
- —
- Clients
- 12
- Regulatory AUM
- $20.6M
- AUM share
- 3.1%
- Avg. per client
- $1.72M
Total
- Clients
- 553
- Regulatory AUM
- $664M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Focused Alpha charges up to 2.50% for its Portfolio Management Services. The brochure does not state whether the rate is annual. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- 401(k) and Retirement Plan Services
- Individually negotiated for each plan sponsor; fees vary with the scope of services and the assets to be managed.
- Financial Planning
- Fixed fees of $500 to $25,000, or hourly at $350 an hour; a reduced asset-based fee is also offered, billed quarterly in advance.
Daniel Barotz owns 75% or more of Focused Alpha. The leadership team of Focused Alpha includes Chief Compliance Officer Gery Sadzewicz. It has 8 employees, 5 of them in advisory roles.
Leadership
- Gery SadzewiczChief Compliance Officer
- Daniel BarotzManaging Member
Investment adviser representatives
6 representatives listed in the SEC register as of 9 October 2026.
Staff
- 8 employees
- 5 in advisory functions
- 5 state-registered reps
- 5 insurance agents
- Owns 75% or more of Focused Alpha, LLC
Daniel Barotz
Control person · since August 2020
Focused Alpha’s regulatory assets grew 2.7× from $249M (May 2021) to $664M (September 2026); clients rose from 123 to 553 and employees from 5 to 8.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $664M | 553 | 8 | 6 |
| March 2025 | $562M | 518 | 9 | 3 |
| April 2024 | $307M | 215 | 4 | 2 |
| April 2023 | $258M | 212 | 4 | 1 |
| April 2022 | $284M | 152 | 5 | 1 |
| May 2021 | $249M | 123 | 5 | 1 |
Besides its headquarters, Focused Alpha has 5 offices (5 private residences, listed without an address), with 1 listed address in Colorado.
Colorado · 1 listed address
- 5680 Greenwood Plaza BLVD, Suite 120, Greenwood VillageHQ
Other business names
Focused Alpha has reported 2 other business names to the SEC.
- Four Corners Wealth Partners
- Goldin Wealth Management
Contact and registration details
- Legal name
- Focused Alpha, LLC
- Headquarters
- 5680 Greenwood Plaza BLVD, Suite 120, Greenwood Village, CO 80111
- Website
- goldinwealthmanagement.com
- Phone
- 303-529-5100
- @focused-alpha
- SEC file
- 801-121367
- Structure
- Delaware LLC
- Fiscal year end
- December
Focused Alpha uses Fidelity ($482M, 73%) and Charles Schwab ($178M, 27%) as custodians for its separately managed accounts. Focused Alpha has custody of $243M in client assets for 50 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Smithfield, RI · $178M27%
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $482M73%
At year end, Focused Alpha’s separately managed accounts were mostly in funds (57%) and stocks (28%). Its reported 13F holdings for the quarter ended 30 June 2026 total $390M across 264 positions; the largest are iShares TR (5.3%), Vanguard Index Fds (4.5%) and Microsoft Corp. (3.3%).
What the accounts hold
- Stocks28%
- Funds57%
- Registered funds56%
- Pooled vehicles1%
- Bonds5%
- Investment grade corporate bonds3%
- State and local bonds2%
- Cash10%
Reported 13F holdings
- $390M
- Reported 13F value
- 264
- Positions
- 30.5%
- In the 10 largest
- +20.5%
- Value vs. prior quarter
- iShares TR · Core S&P500 ETF5.3%
- Vanguard Index Fds · Total Stk Mkt4.5%
- Microsoft Corp.3.3%
- Alphabet Inc. · Cap Stk CL A3.3%
- AB Active ETFS Inc. · Shor DU Yiel ETF2.7%
- Apple Inc.2.5%
- Zacks Trust · Focus Growth ETF2.4%
- Amazon Com Inc.2.4%
- Pgim ETF TR · Pgim Ultra SH BD2.1%
- Vanguard Index Fds · Value ETF2.1%
Together, the ten largest are 30.5% of reported value.
How many clients does Focused Alpha have?
Focused Alpha has 553 clients and manages $664 million for them, as of September 2026. They include 413 individual clients, 128 high-net-worth individuals, and 12 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 September 2026
What services does Focused Alpha offer?
Focused Alpha provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Focused Alpha charge?
Focused Alpha charges up to 2.50% for its Portfolio Management Services. The brochure does not state whether the rate is annual. The fee is billed in advance and is negotiable.
Source: FOCUSED ALPHA WRAP BROCHURE, filed 30 September 2026
Which custodians does Focused Alpha use?
Focused Alpha’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $482M and Charles Schwab & Co., Inc. (Smithfield, RI), with $178M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 September 2026
How many financial advisors does Focused Alpha have?
Focused Alpha has 5 investment adviser representatives registered with state securities authorities, out of 8 employees, and 5 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 5 employees 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 Focused Alpha invest in?
At the end of its last fiscal year, Focused Alpha’s separately managed accounts held 56% registered funds (mutual funds, ETFs, BDCs), 28% exchange-traded equities, 10% cash and equivalents, 3% investment grade corporate bonds, 2% state and local bonds and 1% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Focused Alpha?
Focused Alpha’s direct owner is Daniel Barotz (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 September 2026
How does Focused Alpha get paid?
Focused Alpha is paid through a percentage of assets under management, hourly charges, fixed fees and commissions. Its Form ADV lists no 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
Is Focused Alpha registered with the SEC?
Yes, Focused Alpha has been registered with the SEC as an investment adviser since 2 June 2021. Its CRD number is 310591 and its SEC file number is 801-121367.
Source: Form ADV Part 1A, Item 1, filed 30 September 2026; IAPD firm record
How do I contact Focused Alpha?
Focused Alpha’s main office is at 5680 Greenwood Plaza BLVD, Suite 120, Greenwood Village, CO 80111. Its phone number is 303-529-5100. Its website is goldinwealthmanagement.com.