Focus Financial says record acquisitions propel firm to new heights in Q4

A strong fourth quarter, powered by growth from existing partner firms, closed the book on a year worth celebrating for Focus Financial Partners.

The New York-based firm saw total revenue of $1.8 billion in 2021, up 32.1% from the $1.36 billion in revenue recorded at the end of 2020, according to earning statements released Thursday.

Focus CEO Rudy Adolf said last year was “outstanding,” stating that the results reinforce the firm’s “clear leadership in the independent wealth management sector.”

“We generated excellent financial performance, exceeding our expectations on all measures, with revenues and adjusted net income, excluding tax adjustments, reaching new highs,” Adolf said in a statement.

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