Focus Financial Network, Inc.
SEC-registered
Insurance-Affiliated · Mid-sized ($1B–$10B)
CRD 116140
· SEC file 801-71117
· Minneapolis, MN
· WWW.FOCUSFINANCIAL.COM
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ADV data as of Mar 26, 2026
- Regulatory AUM
- $6.8B
- Discretionary
- $6.6B
- Clients
- 13,684
- Avg AUM / client
- $499K
- Accounts
- 27,510
- Employees
- 189
AUM over time
$1.1B
$6.8B
Dec 2011
Dec 2025
Annual snapshots from Form ADV filings · as of Mar 26, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 11,863 | $2.8B | 41.6% |
| High net worth individuals | 1,697 | $3.9B | 56.6% |
| Pension and profit sharing plans | 33 | $52.7M | 0.77% |
| Charitable organizations | 3 | $2.0M | 0.03% |
| Corporations and other businesses | 88 | $68.0M | 1.0% |
People (121)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| John Gregory Bina | President | Mar 2005 (21y) | Less than 5% | |
| John Patrick Layton | Shareholder:Director | CFP | Aug 2005 (21y) | 10% – 25% |
| William Robert Bergstrom | Shareholder:Director | Aug 2005 (21y) | 10% – 25% | |
| David Kenneth Heitkamp | Shareholder:Director | CFP | May 2006 (20y) | 10% – 25% |
| John Harris Dritz | Shareholder:Director:Treasurer | May 2006 (20y) | Less than 5% | |
| John Kyle Watkins | Shareholder:Director | CFP | May 2006 (20y) | 10% – 25% |
| Walter Edward Pickup | Shareholder | Jul 2012 (14y) | 5% – 10% | |
| David William Beissler | Shareholder:Director | CFP | Dec 2013 (13y) | 5% – 10% |
| Matthew David Nelson | Shareholder:Director | CFP | Mar 2019 (7y) | 5% – 10% |
| Hartmann, Stephanie, Elise | Chief Compliance Officer | May 2023 (3y) | Less than 5% | |
| Chaconas, Christina | Vp Operations | Sep 2024 (2y) | Less than 5% | |
| Darin Philip Glanzer | Registered representative | CFP | Feb 2005 (21y) | |
| Debra Marie Kuper | Registered representative | CFP | Jun 2006 (20y) | |
| Michael Lynn Jacobson | Registered representative | Jan 2008 (19y) | ||
| Richard Arthur Hornung | Registered representative | Jan 2010 (17y) | ||
| Joel Curtis Schrimpf | Registered representative | CFA | Feb 2010 (16y) | |
| Frank Matteo Griseta | Registered representative | Mar 2010 (16y) | ||
| Michael Lloyd Gustafson | Registered representative | CFP | Jan 2011 (16y) | |
| David Alexander Pratt | Registered representative | CFP | Jan 2011 (16y) | |
| Gregory George Brown | Registered representative | CFP | Feb 2011 (15y) | |
| Michael F Piel | Registered representative | Feb 2011 (15y) | ||
| Carl James Arrell | Registered representative | CFP CFA | Dec 2013 (13y) | |
| Charles Albert Anderson | Registered representative | Dec 2013 (13y) | ||
| James T. Donnelly | Registered representative | Dec 2013 (13y) | ||
| Josue Javier Castillo | Registered representative | Dec 2013 (13y) | ||
| Kenneth James Edwards | Registered representative | CFP | Dec 2013 (13y) | |
| Laura Lynn Basballe | Registered representative | Dec 2013 (13y) | ||
| Michael Patrick Branch | Registered representative | Dec 2013 (13y) | ||
| Paul Albert Giannobile | Registered representative | Dec 2013 (13y) | ||
| David Charles Hoelke | Registered representative | CFP | Dec 2013 (13y) | |
| David Clarence Hynes | Registered representative | Dec 2013 (13y) | ||
| Michael James Hochstetler | Registered representative | Dec 2013 (13y) | ||
| Michael Joseph Huerbin | Registered representative | Dec 2013 (13y) | ||
| Sonya Marie Hansmeyer | Registered representative | Dec 2013 (13y) | ||
| William Charles Haider | Registered representative | Dec 2013 (13y) | ||
| Barbara Whitson Kirby | Registered representative | CFP Chartered Financial Consultant | Dec 2013 (13y) | |
| Brad Mcmurray | Registered representative | CFP | Dec 2013 (13y) | |
| Elissa Marie Larson | Registered representative | Dec 2013 (13y) | ||
| John Peter O'keefe | Registered representative | Dec 2013 (13y) | ||
| Rhonda Marie Kerkhoff | Registered representative | Dec 2013 (13y) | ||
| Chad David Pratt | Registered representative | Dec 2013 (13y) | ||
| Douglas Paul Olson | Registered representative | Dec 2013 (13y) | ||
| Grant Jay Robinson | Registered representative | Dec 2013 (13y) | ||
| Michael John Poor | Registered representative | Dec 2013 (13y) | ||
| Patrick Ray Osmonson | Registered representative | Dec 2013 (13y) | ||
| Paul Stuart Rosendahl | Registered representative | Dec 2013 (13y) | ||
| Robert Scott Sandison | Registered representative | Dec 2013 (13y) | ||
| Tracey Marie Simonson | Registered representative | CFP | Dec 2013 (13y) | |
| Elizabeth Ellen Villalta | Registered representative | Dec 2013 (13y) | ||
| Jeffery Dean Zimmerman | Registered representative | Dec 2013 (13y) | ||
| Jeffrey A Thorup | Registered representative | CFP | Dec 2013 (13y) | |
| Scott Douglas Streed | Registered representative | CFP | Dec 2013 (13y) | |
| Chad David Steeves | Registered representative | Dec 2013 (13y) | ||
| Daniel Thomas Kjorsvik | Registered representative | Dec 2013 (13y) | ||
| James Harold Walsh | Registered representative | CFP | Jan 2014 (13y) | |
| Connor Philip James Koppa | Registered representative | CFP | Jan 2014 (13y) | |
| Brian David Fleming | Registered representative | Jan 2014 (13y) | ||
| Chris Alan Eldred | Registered representative | Jan 2014 (13y) | ||
| Michael Scott Dales | Registered representative | Jan 2014 (13y) | ||
| Monica W. Whitney | Registered representative | Jan 2014 (13y) | ||
| Steve L Olsonoski | Registered representative | Jan 2014 (13y) | ||
| Trevor Sean Nelko | Registered representative | Jan 2014 (13y) | ||
| Rose Ellyn Hammes Nestor | Registered representative | Aug 2014 (12y) | ||
| Trenton Robert Kerr | Registered representative | Jan 2015 (12y) | ||
| Fredrick John Troendle | Registered representative | CFP | Jan 2015 (12y) | |
| Melissa Jayne Mansfield | Registered representative | Jan 2015 (12y) | ||
| Bennett Charles Lang | Registered representative | Mar 2015 (11y) | ||
| David William Matthews | Registered representative | CFP | Mar 2015 (11y) | |
| Zachary Richard Martin | Registered representative | Aug 2015 (11y) | ||
| Chris Lee Grosskreutz | Registered representative | May 2016 (10y) | ||
| Jonathan Michael Dennison | Registered representative | Aug 2016 (10y) | ||
| Nathan Michael Piel | Registered representative | Aug 2016 (10y) | ||
| Barbara Jane Moser | Registered representative | CFP | Oct 2016 (10y) | |
| Connie Lynn Heier | Registered representative | CFP | Oct 2016 (10y) | |
| Paul Anthony Underdahl | Registered representative | May 2017 (9y) | ||
| Scott Michael Mullinix | Registered representative | Jul 2017 (9y) | ||
| Dylan Gary Aeikens | Registered representative | Aug 2017 (9y) | ||
| Christopher Ross Hanson | Registered representative | CFP | Nov 2017 (9y) | |
| James David Ennis | Registered representative | Chartered Financial Consultant | Oct 2018 (8y) | |
| Matthew Louis Mattheisen | Registered representative | Nov 2018 (8y) | ||
| Jacob L. O'keefe | Registered representative | Nov 2018 (8y) | ||
| Brett Jerome Maloney | Registered representative | CFP | Jun 2019 (7y) | |
| Matthew Steven Svendsen | Registered representative | Sep 2019 (7y) | ||
| Vince Darling | Registered representative | CFP | Oct 2019 (7y) | |
| Brian James Wagener | Registered representative | Jan 2020 (7y) | ||
| Adam Joseph Troendle | Registered representative | Jan 2020 (7y) | ||
| Paul Andrew Schmidt | Registered representative | Mar 2020 (6y) | ||
| Jack Boyd Henschel | Registered representative | Apr 2021 (5y) | ||
| Robert James Heck | Registered representative | May 2021 (5y) | ||
| Karl Jay Knuths | Registered representative | Jun 2021 (5y) | ||
| Walter Danforth Fleak | Registered representative | Aug 2021 (5y) | ||
| Joshua Winter | Registered representative | Sep 2021 (5y) | ||
| Audrey Anderson Heitkamp | Registered representative | Jan 2022 (5y) | ||
| Frank Vallorosi | Registered representative | Feb 2022 (4y) | ||
| Lauren Christine Brauer | Registered representative | Mar 2022 (4y) | ||
| Jackson Lyle Arland | Registered representative | Apr 2022 (4y) | ||
| Drew William Bergstrom | Registered representative | CFP | Oct 2022 (4y) | |
| Matthew Richard Benson | Registered representative | CFP | Apr 2023 (3y) | |
| Erik John Henschell | Registered representative | Sep 2023 (3y) | ||
| Angela Marie Mhiripiri | Registered representative | Sep 2023 (3y) | ||
| Charles David Hynes | Registered representative | Oct 2023 (3y) | ||
| Zechariah Schaefer | Registered representative | CFP | Dec 2023 (3y) | |
| James Richard Mertz | Registered representative | CFP | Jan 2024 (3y) | |
| Anna Hupert | Registered representative | Feb 2024 (2y) | ||
| Maxwell Thomas Gierke | Registered representative | Apr 2024 (2y) | ||
| Peder Michael Jacobson | Registered representative | Apr 2024 (2y) | ||
| David Henry Peck | Registered representative | Jul 2024 (2y) | ||
| Rae Anderson Heitkamp | Registered representative | Jul 2024 (2y) | ||
| Caitlin Edwards | Registered representative | Jan 2025 (2y) | ||
| Elijah Carey Gioja | Registered representative | Jan 2025 (2y) | ||
| Jason Alan Troendle | Registered representative | Jan 2025 (2y) | ||
| Rex Gregory Kautzman | Registered representative | Mar 2025 (1y) | ||
| Jack Robert Madryga | Registered representative | Mar 2025 (1y) | ||
| Jacob Kruziki | Registered representative | Apr 2025 (1y) | ||
| Evan Alfred Chang | Registered representative | May 2025 (1y) | ||
| Tonya Ann Gunstenson | Registered representative | Jun 2025 (1y) | ||
| Jason Anthony Kuerschner | Registered representative | Sep 2025 (1y) | ||
| Aaron Beissler | Registered representative | Oct 2025 (1y) | ||
| Vanessa Linda Harris | Registered representative | Oct 2025 (1y) | ||
| Sarah Jean Morgan | Registered representative | Jan 2026 (1y) | ||
| Alissa Marie Tinklenberg | Registered representative | Feb 2026 (0y) |
Undisclosed: 0% – 45% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/26/2026 | 1.72 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Regulatory
as of Oct 16, 2024
Allegations: FIRM HAD INVESTMENT DISCRETION OVER AT LEAST $100 MILLION OF REPORTABLE SECURITIES AND FAILED TO FILE QUARTERLY FORMS 13F. Status: Final Sanction Detail: $475,000 WAS LEVIED AGAINST THE FIRM. IT WAS PAID ON OR ABOUT 10/9/2024. Summary: THE FIRM EXERCISED INVESTMENT DISCRETION OVER SECTION 13(F) SECURITIES OF AT LEAST $100 MILLION BUT FAILED TO FILE THE QUARTERLY FORMS 13F FOR THE QUARTERS BEGINNING DECEMBER 31, 2019, THROUGH SEPT 30, 2023.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
- • Other fees
- • PERCENTAGE OF ASSETS UNDER MANAGEMENT WITH THIRD PARTY MANAGER
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
- • Selection of other advisers
- • Educational seminars/workshops
Custody
Reported custodians
- Charles Schwab & Co. $2.9B (42% of AUM) Mar 2026
- Pershing $1.6B (23% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 26, 2026.
View current Form ADV (SEC/IAPD) ↗