- Focus Financial Partners has set a target of having 100 partner firms by 2025, and there are lots of M&A opportunities in the RIA space driven by advisor retirements.
- On the other hand, increased competition for acquisition targets and the company's relatively high financial leverage are negative for Focus Financial Partners' future M&A prospects.
- Focus Financial Partners has some exposure to the negative impact of the pandemic, in relation to family office type services provided to clients in the entertainment space.
- Focus Financial Partners trades at consensus forward FY 2021 and FY 2022 P/E multiples of 45.4 times and 43.5 times, respectively.
For further details see:
Focus Financial Partners: Spotlight On M&A Opportunities