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.

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SEC-registered adviser

B••••••• F•••••••• P•••••••

Independent wealth managerNeedham, MassachusettsCRD 322925SEC 801-126715websiteIAPD
Legal name B••••••• F•••••••• A•••••••• L••
Latest filing Mar 24, 2026
First filing on the tape Sep 9, 2022 · 13 filings
SEC status approved since Oct 26, 2022
RAUM
$3.8B
reported, Item 5.F
Discretionary
73%
of RAUM
Private clients
76%
$2.8B individuals and HNW
Advisors
16
registered through the firm on IAPD
RAUM per advisor
$235M
derived; firm RAUM over IAPD count
Employees
24
15 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$3.8B as of Mar 24, 2026
Mar 24, 2023$2.7B then
HNW client RAUM$1.5B as of Mar 24, 2026
Mar 24, 2023$1.0B then
State-registered IARs (5.B.3)13 as of Mar 24, 2026
Mar 24, 202313 then
Employees (5.A)24 as of Mar 24, 2026
Mar 24, 202323 then
Private funds: no history
RAUM +11% over the last fiscal year+11% a year over threeIARs 12 to 13offices 1 to 3
Practice profile
derived from the filing of Mar 24, 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
RAUM per advisor
$235MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
119derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.3MderivedHNW RAUM over HNW clients
Average account
$876,942derivedRAUM over accounts (5.F.2.f)
Discretionary
73%derivedof RAUM
Institutional
1.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
4.0derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
+8.3%derivedItem 5.B.3 between annual amendments
Client growth, one year
+9.1%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, otherreportedItem 5.G
Custody
$706M, 357 clientsreportedItem 9.A
Ownership
controlled by a public reporting companyderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.5B39%
  • Individuals$1.4B36%
  • Corporations and businesses$878M23%
  • Charitable organizations$37.0M1.0%
Individual clients
1,553reported
HNW clients
345reported
Pension plan clients
n/areported
Charitable clients
6reported
Accounts
4,286reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$706M for 357 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.76 fund_share=0.0 institutional_share=0.01 related_bd=true related_bank=true bd_reps=0.0 bank_owner=falsederived
Advisors registered through the firm
16 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
T••••• J••••• C•••••Needham, MaNov 14, 202226 y1
D••••• B••• J••••Needham, MaNov 14, 202229 y2
P•••• M•••••• G•••••Certified Financial PlannerNeedham, MaNov 14, 202230 y2
C•••••• M•••••• G•••••••••Needham, MaNov 14, 202229 y3
R••••• D•••• S••••••••Certified Financial PlannerNeedham, Ma Nov 17, 202234 y3
C••••• A••• F••••••Certified Financial PlannerNeedham, MaNov 22, 202226 y1
D••••• R•••••• G•••••Certified Financial PlannerNeedham, MaNov 22, 202226 y3
B•••• D••••• C•••••••Needham, MaNov 22, 202225 y1
B•••••• G•• B•••••••Chartered Financial AnalystNeedham, MaNov 22, 202224 y2
J••• F••••• B•••••Certified Financial PlannerNeedham, MaNov 22, 202215 y1
P••••• J••••• D••••••Chartered Financial AnalystNeedham, MaNov 22, 202215 y1
R••••• J• D••••••••Needham, MaNov 29, 202223 y2
O••• G••••••Chartered Financial AnalystNeedham, MaJul 26, 202310 y2
J••• A••••• C•••••Needham, MaJun 25, 202512 y0
T•••• C•••••• S••••••••Washington, Dc Aug 18, 202511 y1
G•••• K••••••• D••••Chartered Financial AnalystNeedham, MaFeb 19, 202613 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • B•••••••• B••••••• G•• · Co-Chief Investment Officercontrol
    since 06/2024 · owns less than 5%
  • C•••••• T•••••• J••••• · Director Of Wealth Managementcontrol
    since 09/2022 · owns less than 5%
  • D••••••• P•••••• J••••• · Co-Chief Investment Officercontrol
    since 09/2022 · owns less than 5%
  • H•••••• E•••••• F•••••• · Chief Financial Officercontrol
    since 09/2022 · owns less than 5%
  • S•••••• M••••••• H••••• · Chief Compliance Officercontrol
    since 09/2022 · owns less than 5%
Entity owners
  • F•••• O••••••••• L•• · Member
    direct · owns 75% or more
  • C••• F•••••••• C••••••••• L••• · Partner
    indirect · owns 25% to 50% of C••• F•••••••• H•••••••• L•••
  • C••• F•••••••• H•••••••• L••• · Partner
    indirect · owns 50% to 75% of F•••••••• F•• U••••••• H•••••••• L•
  • C••••••• D••••••• • R••• F••• X••• L••• · Partner
    indirect · owns 50% to 75% of C••• F•••••••• H•••••••• L•••
  • F•••••••• F•• A••••••••• L•• · Shareholder, Class A Common Stock
    indirect · owns 75% or more of F•••• F•••••••• P••••••• I•••
  • F•••••••• F•• I••••••••• H•••••••• L•• · Member
    indirect · owns 75% or more of F•••••••• F•• A••••••••• L••
  • F•••••••• F•• P•••••• I•• · Member
    indirect · owns 75% or more of F•••••••• F•• I••••••••• H•••••••• L••
  • F•••••••• F•• U••••••• H•••••••• L• · Shareholder, Class B Common Stock
    indirect · owns 75% or more of F•••• F•••••••• P••••••• I•••
  • F•••••••• F•• U••••••• H•••••••• L• · Shareholder
    indirect · owns 75% or more of F•••••••• F•• P•••••• I••
  • F•••• F•••••••• P••••••• I••• · Member
    indirect · owns 75% or more of F•••• F•••••••• P•••••••• L••
  • F•••• F•••••••• P•••••••• L•• · Member
    indirect · owns 75% or more of F•••• O••••••••• L••
Related persons
Schedule D 7.A
  • F•••• R••• S••••••••• L••
    real estaten
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Needham, Ma · principal1610
Indianapolis, In000
Offices
Schedule D 1.F, the 25 largest
  • Irving, TX1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Mar 24, 2026
    B•••••••• B••••••• G•• (CO-CHIEF INVESTMENT OFFICER) appeared on Schedule A between the filings of 2023-09-15 and 2026-03-24
    peers: independent wealth managers, $1B to $5B (1,362)
What changed
consecutive filings, newest first
  • Individual clients · 1,462 to 1,553
    Mar 27, 2025 to Mar 24, 2026
  • Assets in custody · $480M to $706M
    Mar 27, 2025 to Mar 24, 2026
  • Employees · 23 to 24
    Mar 27, 2025 to Mar 24, 2026
  • State-registered IARs · 12 to 13
    Mar 27, 2025 to Mar 24, 2026
  • Other offices · 1 to 3
    Mar 27, 2025 to Mar 24, 2026
  • Discretionary RAUM · $2.5B to $2.7B
    Mar 27, 2025 to Mar 24, 2026
  • HNW RAUM · $1.3B to $1.5B
    Mar 27, 2025 to Mar 24, 2026
  • Individual RAUM · $1.3B to $1.4B
    Mar 27, 2025 to Mar 24, 2026
  • Non-discretionary RAUM · $894M to $1.0B
    Mar 27, 2025 to Mar 24, 2026
  • RAUM · $3.4B to $3.8B
    Mar 27, 2025 to Mar 24, 2026
  • Accounts · 4,275 to 4,286
    Mar 27, 2025 to Mar 24, 2026
  • Advisory employees · 14 to 15
    Mar 27, 2025 to Mar 24, 2026
  • Corporate clients · 5 to 6
    Mar 27, 2025 to Mar 24, 2026
  • HNW clients · 277 to 345
    Mar 27, 2025 to Mar 24, 2026
  • Accounts · 3,968 to 4,275
    Nov 19, 2024 to Mar 27, 2025
  • Charity clients · 5 to 6
    Nov 19, 2024 to Mar 27, 2025
  • Corporate clients · 6 to 5
    Nov 19, 2024 to Mar 27, 2025
  • HNW clients · 220 to 277
    Nov 19, 2024 to Mar 27, 2025
  • Individual clients · 1,314 to 1,462
    Nov 19, 2024 to Mar 27, 2025
  • Assets in custody · $507M to $480M
    Nov 19, 2024 to Mar 27, 2025
  • Employees · 22 to 23
    Nov 19, 2024 to Mar 27, 2025
  • Financial planning clients · 251-500 to 251-500
    Nov 19, 2024 to Mar 27, 2025
  • Discretionary RAUM · $2.2B to $2.5B
    Nov 19, 2024 to Mar 27, 2025
  • HNW RAUM · $1.1B to $1.3B
    Nov 19, 2024 to Mar 27, 2025
  • Individual RAUM · $1.1B to $1.3B
    Nov 19, 2024 to Mar 27, 2025
  • Non-discretionary RAUM · $810M to $894M
    Nov 19, 2024 to Mar 27, 2025
  • RAUM · $3.0B to $3.4B
    Nov 19, 2024 to Mar 27, 2025
  • Related insurance company · false to true
    Nov 19, 2024 to Mar 27, 2025
  • Advisory employees · 15 to 14
    Aug 26, 2024 to Nov 19, 2024
  • Employees · 23 to 22
    Aug 26, 2024 to Nov 19, 2024
  • State-registered IARs · 13 to 12
    Aug 26, 2024 to Nov 19, 2024
  • Other offices · 2 to 1
    Aug 26, 2024 to Nov 19, 2024
  • Advisory employees · 16 to 15
    Mar 25, 2024 to Jun 13, 2024
  • Employees · 25 to 23
    Mar 25, 2024 to Jun 13, 2024
  • Accounts · 3,920 to 3,968
    Nov 22, 2023 to Mar 25, 2024
  • Charity clients · unset to 5.0
    Nov 22, 2023 to Mar 25, 2024
  • Corporate clients · unset to 6.0
    Nov 22, 2023 to Mar 25, 2024
  • HNW clients · 230 to 220
    Nov 22, 2023 to Mar 25, 2024
  • Individual clients · 1,328 to 1,314
    Nov 22, 2023 to Mar 25, 2024
  • Assets in custody · $378M to $507M
    Nov 22, 2023 to Mar 25, 2024
Signals
4 dated events
  • B•••••• T••• K••• left B••••••• F•••••••• P••••••• for R•••••• W••••• M••••••••• (registered 2025-02-13)
    Nov 6, 2024 · Advisor changed firm · fact
  • Anthony Lawrence Fiore (Director Of Tax Services) no longer on Schedule A of B••••••• F•••••••• P••••••• (listed 2024-06-13, absent 2024-08-26)
    Aug 26, 2024 · Control person left · inference
  • B••••••• F•••••••• P••••••• L••'s advisors moved to B••••••• F•••••••• P••••••• (Needham, MA): 11 of 12 registered, a day apart
    Dec 8, 2022 · Firm absorbed (people side) · derived
  • B••••••• F•••••••• A•••••••• L•• filed its initial SEC registration (Form ADV)
    Sep 9, 2022 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Business phone
415-900-3871reportedpublished by the firm, firm site, Sep 17, 2026
Business phone
512-498-7080reportedpublished by the firm, firm site, Sep 17, 2026
Business phone
561-200-2070reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile
linkedin.com/company/focus-financial-partnersreportedpublic record, Form ADV, Sep 18, 2026
Website
focusfinancialpartners.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
781-400-2800reportedpublic record, Form ADV, Mar 24, 2026
Contact form
corporate.focuspartners.com/contact-usreportedpublished 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
$235Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026