SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Focus Financial
Minneapolis, MN
Focus Financial Network, Inc., CRD 116140
Firm filing updated August 26, 2026 ·
- $6.8BAssets
- 114Advisory staff
- 27,510Accounts
Fees and minimums
- Hourly feesAsk the firm for the rate
All fee types on the form
- Percentage of assets under managementYes
- Hourly chargesYes
- Fixed feesYes
- OtherYes
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
Who the firm serves
- Individuals11,863
- High net worth individuals1,697
- Corporations or other businesses88
- Pension and profit sharing plans33
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 11,863 | $2.8 billion |
| High net worth individuals | 1,697 | $3.9 billion |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 33 | $52.7 million |
| Charitable organizations | Fewer than 5 clients | $2.0 million |
| Corporations or other businesses not listed above | 88 | $68.0 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
See all 6 services
- Pension consulting services
- Selection of other advisors (including private fund managers)
- Educational seminars/workshops
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisors (including private fund managers)
- Educational seminars/workshops
Assets and accounts
- Regulatory assets$6.8 billion
- Accounts27,510
- Discretionary$6.6 billion · 26,512 accounts
- Non-discretionary$249.9 million · 998 accounts
People
- Employees189
- Advisory staff114
- Broker-dealer reps124
- Licensed insurance agents95
- Planning clients101 to 250
Advisors
76 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- Legal name: Focus Financial Network, Inc. SEC-registered investment advisor. CRD 116140, SEC file 801-71117.
- Registered with the SEC as an investment advisor (status date on record: March 2, 2010).
Is Focus Financial a fiduciary?
Short answer: Focus Financial is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
Some of the firm's people may also act for a broker-dealer: 124 staff are broker-dealer representatives and the firm is itself a registered representative of a broker-dealer. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.
95 staff are licensed insurance agents and the firm is itself an insurance broker or agent.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.