Focus Financial Partners (FOCS) PT Raised to $61 at RBC Capital

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Focus Financial Partners Reports Fourth Quarter and Full Year 2020 Results

February 18, 2021 7:01 AM EST

Record Financial Performance Demonstrates Benefits of Industry-Leading Scale and Resilient Business Model

NEW YORK, NY / ACCESSWIRE / February 18, 2021 / Focus Financial Partners Inc. (NASDAQ: FOCS) ("Focus Inc.", "Focus", the "Company", "we", "us" or "our"), a leading partnership of independent, fiduciary wealth management firms, today reported results for its fourth quarter and full year ended December 31, 2020.

Fourth Quarter 2020 Highlights

Total revenues of $379.7 million, 11.6% growth year over yearOrganic revenue growth(1) rate of 7.3% year over yearGAAP net income of $7.7 millionGAAP basic and diluted net income per share... More

Focus Partner Firm Connectus Wealth Advisers Launches Excelerate With Connectus, a Groundbreaking New Program to Drive Growth, Increase Adviser Efficiency and Enhance Client Outcomes

February 17, 2021 4:16 PM EST

NEW YORK, NY / ACCESSWIRE / February 17, 2021 / Focus Financial Partners Inc. (NASDAQ: FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that its partner firm Connectus Wealth Advisers ("Connectus") is launching its groundbreaking Excelerate with Connectus program ("Excelerate"). Combining Focus' institutional knowledge and scale advantages with the power of a dedicated productivity team, Excelerate will enable Connectus advisers globally to deliver an exceptional client experience while achieving substantial operating efficiencies.

Excelerate is a highly curated program that leverages long-standing relationships with premier service providers... More