DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Focused Alpha, LLC

Independent wealth managerGreenwood Village, ColoradoCRD 310591SEC 801-121367websiteIAPD
Latest filing Mar 12, 2026
First filing on the tape Aug 18, 2020 · 22 filings
SEC status approved since Jun 2, 2021
RAUM
$664M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
74%
$493M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$111M
derived; firm RAUM over IAPD count
Employees
8
5 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
0
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$664M as of Mar 12, 2026
Feb 16, 2022$284M then
HNW client RAUM$317M as of Mar 12, 2026
Feb 16, 2022$22.5M then
State-registered IARs (5.B.3)5 as of Mar 12, 2026
Feb 16, 20224 then
Employees (5.A)8 as of Mar 12, 2026
Feb 16, 20224 then
Private funds: no history
RAUM +18% over the last fiscal year+37% a year over threeIARs 7 to 5offices 2 to 5
Practice profile
derived from the filing of Mar 12, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$111MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
90derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$438,540derivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
23%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
1.0derived6 offices incl. principal (1.F.5)
RAUM growth, one year
+18%derivedbetween the last two annual amendments
Advisor growth, one year
-29%derivedItem 5.B.3 between annual amendments
Client growth, one year
+6.3%derived
Compensation
percentage of assets, hourly, fixed fees, commissionsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
Wrap fee program
$664MreportedItem 5.I
Custody
$243M, 50 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • is an insurance broker or agent (6.A.6)
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$317M48%
  • Individuals$176M27%
  • State and municipal entities$151M23%
  • Corporations and businesses$20.6M3.1%
Individual clients
413reported
HNW clients
128reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
1,514reported
Financial planning clients
251-500reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$243M for 50 clientsreported
Compensation
% of AUM, fixed, hourly, commissionsreported
Class basis
private_client_share=0.74 fund_share=0.0 institutional_share=0.23 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Daniel I BarotzGreenwood Village, CoMar 12, 202120 y5
Kevin James GoldinGreenwood Village, CoMar 22, 202132 y3
Robert William StrausGreenwood Village, CoJan 9, 202438 y2
Ryan Davis FrebergPhoenix, Az May 6, 202413 y2
Matthew Arthur TariniCertified Financial PlannerPhoenix, Az Oct 30, 202431 y5
Connor James JacksonGreenwood Village, Co Jan 13, 202611 y2
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount2 left over 36 months
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • I Daniel Barotz · Managing Membercontrol
      since 08/2020 · owns 75% or more
    • Joseph Gery Sadzewicz · Chief Compliance Officer
      since 08/2020 · owns less than 5%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Greenwood Village, Co · principal610
    Phoenix, Az200
    Offices
    Schedule D 1.F, the 25 largest
    • Phoenix, AZ2 employees
    • Phoenix, AZ1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 1,481 to 1,514
      Jan 2, 2026 to Mar 12, 2026
    • Advisory employees · 8 to 5
      Jan 2, 2026 to Mar 12, 2026
    • Corporate clients · 9 to 12
      Jan 2, 2026 to Mar 12, 2026
    • HNW clients · 130 to 128
      Jan 2, 2026 to Mar 12, 2026
    • Individual clients · 379 to 413
      Jan 2, 2026 to Mar 12, 2026
    • Assets in custody · $132M to $243M
      Jan 2, 2026 to Mar 12, 2026
    • Employees · 9 to 8
      Jan 2, 2026 to Mar 12, 2026
    • Insurance-licensed employees · 0 to 1
      Jan 2, 2026 to Mar 12, 2026
    • Financial planning clients · 51-100 to 251-500
      Jan 2, 2026 to Mar 12, 2026
    • HQ city · DENVER to GREENWOOD VILLAGE
      Jan 2, 2026 to Mar 12, 2026
    • State-registered IARs · 7 to 5
      Jan 2, 2026 to Mar 12, 2026
    • Other offices · 1 to 5
      Jan 2, 2026 to Mar 12, 2026
    • Discretionary RAUM · $549M to $650M
      Jan 2, 2026 to Mar 12, 2026
    • HNW RAUM · $284M to $317M
      Jan 2, 2026 to Mar 12, 2026
    • Individual RAUM · $127M to $176M
      Jan 2, 2026 to Mar 12, 2026
    • Non-discretionary RAUM · $13.0M to $13.7M
      Jan 2, 2026 to Mar 12, 2026
    • RAUM · $562M to $664M
      Jan 2, 2026 to Mar 12, 2026
    • Other offices · 2 to 1
      Mar 12, 2025 to Jan 2, 2026
    • Accounts · 816 to 1,481
      Dec 23, 2024 to Mar 12, 2025
    • Advisory employees · 3 to 8
      Dec 23, 2024 to Mar 12, 2025
    • Corporate clients · unset to 9.0
      Dec 23, 2024 to Mar 12, 2025
    • HNW clients · 65 to 130
      Dec 23, 2024 to Mar 12, 2025
    • Individual clients · 150 to 379
      Dec 23, 2024 to Mar 12, 2025
    • Employees · 4 to 9
      Dec 23, 2024 to Mar 12, 2025
    • Financial planning clients · 51-100 to 51-100
      Dec 23, 2024 to Mar 12, 2025
    • State-registered IARs · 4 to 7
      Dec 23, 2024 to Mar 12, 2025
    • Discretionary RAUM · $307M to $549M
      Dec 23, 2024 to Mar 12, 2025
    • HNW RAUM · $161M to $284M
      Dec 23, 2024 to Mar 12, 2025
    • Individual RAUM · $38.6M to $127M
      Dec 23, 2024 to Mar 12, 2025
    • Non-discretionary RAUM · $0 to $13.0M
      Dec 23, 2024 to Mar 12, 2025
    • RAUM · $307M to $562M
      Dec 23, 2024 to Mar 12, 2025
    • Custody of client assets · false to true
      Oct 21, 2024 to Dec 12, 2024
    • Other offices · 1 to 2
      Apr 25, 2024 to Oct 21, 2024
    • Other offices · 0 to 1
      Apr 2, 2024 to Apr 25, 2024
    • Accounts · 689 to 816
      Apr 17, 2023 to Mar 18, 2024
    • Advisory employees · 4 to 3
      Apr 17, 2023 to Mar 18, 2024
    • HNW clients · 62 to 65
      Apr 17, 2023 to Mar 18, 2024
    • Commission compensation · false to true
      Apr 17, 2023 to Mar 18, 2024
    • Assets in custody · $124M to $132M
      Apr 17, 2023 to Mar 18, 2024
    • Financial planning clients · 26-50 to 51-100
      Apr 17, 2023 to Mar 18, 2024
    Signals
    6 dated events
    • Joseph Demichele left Focused Alpha, Llc for Wells Fargo Advisors (registered 2025-04-01)
      Apr 1, 2025 · Advisor changed firm · fact
    • Mary Kathleen Flaherty left Focused Alpha, Llc for Mkf Private Wealth Management (registered 2025-04-15)
      Mar 20, 2025 · Advisor changed firm · fact
    • Focused Alpha, Llc reported RAUM $561.9M, up 83% from $306.8M (2024-12-23 to 2025-03-12)
      Mar 12, 2025 · RAUM change · derived
    • 2 advisors left UBS Financial Services Inc. (Tucson, AZ) for Focused Alpha, LLC on the same day
      Apr 16, 2024 · Team lift-out · derived
    • Joshua Samuel Goldin left Focused Alpha, Llc for Iwp Wealth Management Llc (registered 2023-09-18)
      Aug 31, 2023 · Advisor changed firm · fact
    • Focused Alpha, Llc filed its initial SEC registration (Form ADV)
      Aug 18, 2020 · First SEC registration · fact
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    How to reach
    public business contact points only, each with its source
    Business email
    info@focusedalpha.comreportedpublished by the firm, firm site, Sep 17, 2026
    Business phone
    303-529-5100reportedpublished by the firm, firm site, Sep 17, 2026
    Firm profile
    linkedin.com/company/goldinwealthmanagementreportedpublic record, Form ADV, Sep 18, 2026
    Firm profile
    linkedin.com/company/focused-alpha/?viewAsMember=truereportedpublic record, Form ADV, Sep 18, 2026
    Website
    FOCUSEDALPHA.COMreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    303-529-5100reportedpublic record, Form ADV, Mar 12, 2026
    Contact form
    FOCUSEDALPHA.COM/contact.htmlreportedpublished by the firm, firm site, Sep 17, 2026
    Provenance
    Form ADV
    SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
    Advisors
    IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
    Class
    Independent wealth managerderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $111Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026