SEC-registered independent wealth management RIA
Focus Partners Wealth, LLC
As of its Form ADV filed September 29, 2026, Focus Partners Wealth, LLC, an SEC-registered independent wealth management RIA in St. Louis, Missouri, reported $181.9 billion in regulatory assets under management across 220,585 accounts, ranking #1 among independent RIAs in Missouri by assets.
Registration
- Registration
- SEC-registered, Approved
- CRD number
- 159289
- SEC file number
- 801-72862
- Registered since
- December 7, 2011
- Latest Form ADV filing
- September 29, 2026
- Organized as
- Limited Liability Company
- Fiscal year ends
- December
- Other offices
- 112
Key figures
- Regulatory assets under management
- $181.9 billion
- Discretionary
- $148.2 billion (81.5%)
- Non-discretionary
- $33.6 billion
- Accounts
- 220,585 (197,404 discretionary)
- Clients
- 63,966, approximate as reported
- Employees
- 1,915
- Advisory staff
- 1,025 performing investment advisory functions
- Average account
- $824,453
- Asset growth, 1 year
- 89.7% (from $95.9 billion a year earlier)
- Asset growth, 3-year annual rate
- 113.0% (from $18.8 billion three years earlier)
- Asset growth, 5-year annual rate
- 69.4% (from $13.1 billion five years earlier)
- Client growth, 1 year
- 78.7% (from 35,799)
Independent wealth management RIA: individual and high net worth clients hold at least half of its regulatory assets, it offers financial planning or portfolio management for individuals, and it is not a broker-dealer, a bank or part of one by the directory's rules. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among independent wealth management RIAs.
| Ranking | Nationally | In Missouri | Value |
|---|---|---|---|
| Largest independent RIAs by assets under management | #6 | #1 | $181.9 billion |
| Fastest-growing independent RIAs over one year | #109 | #2 | 89.7%from $95.9 billion |
| Fastest-growing independent RIAs over five years | #11 | #1 | 69.4%from $13.1 billion |
| Independent RIAs with the biggest asset gains over one year | #2 | #1 | $86.0 billion |
| Independent RIAs with the most clients | #20 | #1 | 63,966 |
| Independent RIAs with the fastest client growth over one year | #132 | #4 | 78.7%from 35,799 |
| Independent RIAs with the most accounts | #12 | #2 | 220,585 |
| Independent RIAs with the most advisory staff | #5 | #1 | 1,025 |
| Independent RIAs with the most high net worth clients | #4 | #1 | 30,177 |
| Independent RIAs with the most CFP professionals | #4 | #1 | 451 |
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 1, 2012 | $2.5 billion |
| October 1, 2013 | $2.6 billion |
| October 1, 2014 | $3.4 billion |
| October 1, 2015 | $5.1 billion |
| October 3, 2016 | $4.9 billion |
| October 2, 2017 | $5.2 billion |
| October 1, 2018 | $6.3 billion |
| October 1, 2019 | $7.6 billion |
| October 1, 2020 | $11.6 billion |
| October 4, 2021 | $13.1 billion |
| October 3, 2022 | $18.6 billion |
| October 5, 2023 | $18.8 billion |
| October 1, 2024 | $21.5 billion |
| September 2, 2025 | $95.9 billion |
| October 2, 2026 | $181.9 billion |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| High net worth individuals 30,177 clients | $142.5 billion | |
| Individuals (other than high net worth) 30,825 clients | $13.5 billion | |
| Pension and profit sharing plans 535 clients | $9.3 billion | |
| Charitable organizations 388 clients | $4.5 billion | |
| State or municipal government entities 42 clients | $3.6 billion | |
| Corporations or other businesses 456 clients | $3.2 billion | |
| Pooled investment vehicles 25 clients | $3.0 billion | |
| Investment companies 4 clients | $1.5 billion | |
| Other investment advisers 12 clients | $699.0 million | |
| Insurance companies 2 clients | $8.0 million |
How the firm is paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
- Performance-based fees
- Other
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses or institutional clients
- Pension consulting
- Selection of other advisers
- Publication of periodicals or newsletters
- Educational seminars or workshops
- Other
Financial planning clients (Item 5.H): 11000.
Wrap fee program sponsor or portfolio manager: yes.
Other business, affiliations and custody
Other business activities (Item 6.A)
- Other financial products
Financial industry affiliations (Item 7.A)
- Broker-dealer
- Other investment adviser
- Commodity pool operator or commodity trading advisor
- Futures commission merchant
- Accountant or accounting firm
- Lawyer or law firm
- Insurance company or agency
- Pension consultant
- Real estate broker, dealer or agent
- Sponsor or syndicator of limited partnerships
- Sponsor, general partner or managing member of pooled investment vehicles
Advises 26 private funds (Item 7.B).
Custody (Item 9)
The firm reported custody of client cash or securities, $66.4 billion in total.
Investment adviser representatives
- IARs registered with the firm
- 1,049
- Also registered through a broker-dealer
- 3
- Employees who are IARs (Form ADV 5.B(3))
- 800
Designations held by the firm's IARs: CFP 451, CFA 98, PFS 25, ChFC 12.
Between 195 and 518 of the firm's 1,049 IARs are registered in jurisdictions that require IAR CE. The source counts registrations by jurisdiction, and many IARs are registered in more than one, so the exact number is not knowable from it. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 2 disclosure questions. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in Missouri
| Firm | City | RAUM |
|---|---|---|
| Moneta Group Investment Advisors, LLC | St. Louis | $50.5 billion |
| Focus Advisor Solutions, LLC | St. Louis | $41.5 billion |
| Forvis Mazars Wealth Advisors, LLC | Springfield | $12.0 billion |
| Modern Wealth Management, LLC | Kansas City | $10.9 billion |
| Plancorp, LLC | St. Louis | $10.6 billion |
The five independent RIAs nearest in regulatory assets with a main office in the same state.
Elsewhere
- Focus Partners Wealth, LLC on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: focuspartners.com
- Independent RIAs in Missouri
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.