Focus Financial Advisors is an independently-owned investment advisor registered with the Securities and Exchange Commission. We offer investment management and comprehensive financial planning on a fiduciary, fee-only basis.
Today we are proud to be celebrating over 35 years of providing objective, independent, and unbiased financial services to our clients. Our firm was founded in 1984 by Bob Lawrenz. At that time, we did business under his name, as Robert Lawrenz Consulting Services. From the very beginning, we worked on a fee-only basis, refusing commissions and other incentives. The firm initially provided investment advice and asset allocation models to clients, who would bring the plans to their brokers for implementation. Our current owner and company president, Fred Raffety, joined Bob’s firm in 1987. Together, Bob and Fred continued to work under the business model that Bob had established at the firm’s onset. As time went by, more and more of their clients requested that Bob and Fred become more directly involved with the management of their investments. These same clients had been expressing dissatisfaction with their brokers, who they saw as being commission-driven, and whose loyalty was to the brokerage firm as opposed to the clients they were serving. In response, Bob and Fred started managing their client’s money directly on a discretionary basis as part of each client’s comprehensive
In 1999, Bob started the process of turning the reins of the firm over to Fred. Not long after the transition, Fred made the decision to change the name of the company to Focus Financial Advisors. He also decided to expand the capabilities of the firm by bringing on a team of professionals with complementary skill sets who shared Fred’s desire to provide a high level of personal service to people who need financial planning and wealth management. Today the team at Focus remains dedicated to the values established by our founder, and we are more equipped than ever to provide the kind of service that our clients deserve.
During 2015, Fred Raffety passed away. All of us at Focus will truly miss Fred’s presence, as will our clients; but the team is committed to continuing on with the values, ethics and exceptional service to clients that Fred brought to the firm and instilled in everyone here. Fred always said that he wanted Focus to continue long after he was gone, and our team is dedicated to fulfilling that dream.