Focus Financial Planning, LLC (Bingham Farms)


Focus Financial Planning, LLC is an adviser based in Bingham Farms. It manages $35.06 million of regulatory assets for 126 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Illinois and Michigan.

Focus Financial Planning provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and seminars and educational classes. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Focus Financial Planning: assets under management

The assets under management (AUM) of Focus Financial Planning, LLC is $35.06 million. The company doesn't manage any assets belonging to foreign clients.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Focus Financial Planning, LLC for their services and products based on a percentage of assets under management, hourly charges, 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.

Careers at Focus Financial Planning, LLC

James Edward Mathias has been acting as President since 1 May 2001. Wilma Mae Turner joined the executive team most recently as the Vice President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
James Edward Mathias President/chief compliance officer 1 May 2001 75% - 100% 1180474
Wilma Mae Turner Vice-president 1 May 2001 25% - 50% 2517096
1986 James E. Mathias Living Trust Uad April 29 Revocable living trust 1 May 2001 75% - 100% xxx-xx-xxxx
2000 Wilma M. Turner Living Trust Dtd June 29 Revocable living trust 1 May 2001 25% - 50% xxx-xx-xxxx

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
James Edward Mathias Trustee 1 Apr 1986 75% - 100% 1180474
Wilma Mae Turner Trustee 1 Jun 2000 75% - 100% 2517096
1986 James E. Mathias Living Trust Iad April 29 Revocable living trust 1 May 2001 75% - 100% xxx-xx-xxxx
June 29 2000 Wilma M. Turner Living Trust Revocable living trust 1 May 2001 25% - 50% xxx-xx-xxxx

Based in Bingham Farms

The principal office where Focus Financial Planning, LLC performs its advisory services is located at 32100 Telegraph Road, Bingham Farms, MI 48025, 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 248-646-0696 or by fax 248-646-9139. The normal business hours are 9:00 - 5:00 (et) on Monday - Friday. You can find more information about the New York firm at www.focusfg.com.