Focus Financial Advisors

Focus Financial Advisors, operating as Focus Wealth Planning, Inc., is a registered investment adviser based in Rockford, IL. Established in August 2018, the firm specializes in providing personalized investment management, advice, and financial planning services to individuals, trusts, estates, and small businesses. The principal owner is the Revocable Declaration of Trust for Jon L. Aldrich. Focus Financial Advisors strictly operates as a fee-only firm, not accepting commissions or finder's fees. They manage approximately $161 million in assets for 172 clients, offering financial planning services covering areas such as retirement planning, tax planning, estate planning, and more. For investment advisory services, a minimum of $500,000 in investable assets is required, although this may be waived. The firm's fees are based on a percentage of assets under management, with financial planning fees ranging from $3,500 to $10,000 or higher. Focus Financial Advisors also provides detailed information on their methods of analysis, investment strategies, risk of loss, and their fiduciary responsibilities under ERISA regulations. Clients have the option for discretionary or non-discretionary trading authority, and the firm does not charge performance-based fees. Jon L. Aldrich, the President, holds the CFP® and CPA designations and has no reportable disciplinary history. The firm's brochure supplement provides additional details on Jon L. Aldrich's educational background, business experience, and disciplinary information. For more information, clients can contact Jon L. Aldrich directly at 815-633-8844.