Focus Financial Partners Reports Fourth Quarter and Full Year 2020 Results
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
Organic revenue growth
GAAP net income of $7.7 million
GAAP basic and diluted net income per share attributable to common shareholders of $0.07
Adjusted Net Income Excluding Tax Adjustments
(2) of $57.0 million and Tax Adjustments of $9.9 million
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