Focus 401 (K) Group, LLC (Addison)

Name: Focus 401 (K) Group, LLC
Address: 16415 Addison Road, Addison, TX, 75001
Telephone: 214-373-4113

Focus 401 (K) Group, LLC is a pension cosultant based in Addison. It manages $400 thousand of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Georgia and Texas.

Focus 401 (K) Group provides portfolio management for individuals and small businesses and pension consulting services. 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 401 (K) Group: assets under management

The assets under management (AUM) of Focus 401 (K) Group, LLC is $400 thousand, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $400 thousand in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $400 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Focus 401 (K) Group, LLC for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Focus 401 (K) Group serves?

The only and largest group of clients of Focus 401 (K) Group is pension and profit sharing plans with 60 clients and $400 thousand of assets under management. Among the 3 most similar advisory firms, Focus 401 (K) Group has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $400 thousand for 60 clients. None of the firm’s clients are foreign persons or businesses.

Focus 401 (K) Group doesn't advise any private funds.

Careers at Focus 401 (K) Group, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Phillip Russell Powers	Chief compliance officer/member	1 Jul 2014	50% - 75%	1400797
Michael Jay Rubenstein	Member	1 Jul 2014	50% - 75%	2112298

Based in Addison

The principal office where Focus 401 (K) Group, LLC performs its advisory services is located at 16415 Addison Road, Addison, TX 75001, 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 214-373-4113 or by fax 214-373-4255. The normal business hours are 8-5 on Monday - Friday. You can find more information about the New York firm at focus401lkgroup.com.