Focus Point Solutions, Inc (Portland)


Focus Point Solutions, Inc is a large advisory firm based in Portland. It manages $2.9 billion of regulatory assets for 20,468 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Colorado, Connecticut, Illinois, and 3 other states.

Focus Point Solutions provides portfolio management for businesses and institutional clients, selection of other advisers, and turnkey asset management for ria's. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Focus Point Solutions: assets under management

The assets under management (AUM) of Focus Point Solutions, Inc is $2.9 billion. The firm's AUM has grown by 4856% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in non-exchange traded securities the most. They account for 40% of the total AUM. The second-largest asset type is exchange traded securities, which make up 27% of the firm’s portfolio. Investments in investment grade corporate bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Focus Point Solutions, Inc for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Brent Steven Hicks serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Brent Steven Hicks is individuals with 8,132 clients and $2.06 billion of assets under management. Among the 10 most similar advisory firms, Focus Point Solutions has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $2.9 billion for 8,608 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Focus Point Solutions doesn't advise any private funds.

Careers at Focus Point Solutions, Inc

The company employs 28 people that are either part- or full-time employees. 4 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Brent Steven Hicks has been acting as President since 1 Mar 2004. Philip Clifford Diamond has served as the Chief Investment Officer since 1 Mar 2004. Todd Kiyoshi Sakoda joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Brent Steven Hicks President 1 Mar 2004 50% - 75% 1232967
Jorja Hicks Part owner 1 Mar 2004 50% - 75% 4772557
Christopher Keil Hicks Vice president 1 Mar 2004 Other 3231318
Philip Clifford Diamond Chief investment officer 1 Mar 2004 Other 4345674
Jacklyne Carol Mcdonald Chief compliance officer 1 Mar 2004 Other 2774652
Matthew Grant Fleming Director of advisor relations 1 Mar 2004 Other 2260613
Christopher Keil Hicks Vice president / chief compliance officer 1 Jan 2005 Other 3231318
Christopher Keil Hicks President / chief compliance officer 1 Jan 2008 75% - 100% 3231318
Todd Kiyoshi Sakoda Chief compliance officer 1 Jul 2011 Other 2588183
Todd Kiyoshi Sakoda Chief operating officer 1 Mar 2014 Other 2588183

Based in Portland

The principal office where Focus Point Solutions, Inc performs its advisory services is located at 3395 Sw Garden View Avenue, Portland, OR 97225, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 503-445-1957 or by fax 503-292-5863. The normal business hours are 8:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at focuspointsolutions.com.