![]() ![]() ^ "Focus Financial Acquires Two More Firms"."RIABiz Goes To New York In Search Of RIA Life In Land Of Investment Banking Giants". ^ "Rolling Up the Firms: Focus Financial's Rudy Adolf".^ "Ruediger Adolf: Executive Profile & Biography – Bloomberg"."With Ruediger 'Rudy' Adolf of Focus Financial Partners". Announces Full Exercise of Underwriters' Option". "Focus Financial Shares Gain at Their Nasdaq Debut". Adolf stated that he sees “a scalable approach to digital client acquisition” as “an important lever for the wealth management industry.” Personal life Īdolf resides in New York City with his wife and their three children, Isabel, Marcus, and Conrad. Under Adolf's guidance, in June 2018, Focus invested in New York-based FinTech company SmartAsset's series C funding totaling $28 million, along with Javelin Venture Partners, TTV Capital, IA Capital and Citi Ventures among others. In 2006 during Focus’ inception, Wealth Management magazine named him one of its annual "Ten to Watch." He was also named to Investment Advisor magazine's fifth annual IA 25 in 2007 He has been featured in The Wall Street Journal, The New York Times, CNBC, Bloomberg Businessweek, and a 2014 Harvard Business School Case Study. In 2017, Adolf was named to the list of Icons & Innovators by InvestmentNews, honoring visionaries who have shaped and transformed the financial advice profession. Īdolf has been featured on several lists of influential people in the industry. As of August 2018, Focus has partnered with approximately 60 wealth management firms in the U.S., Australia, Canada and the U.K. Focus’ IPO in July 2018 valued the firm at an enterprise value of $3.5 billion. įollowing an investment in July 2017 by private equity firms Stone Point Capital and KKR, Focus was valued at over $2 billion. Focus Financial's stated goal was to support independent RIA firms. In 2004, Adolf incorporated Focus Financial Partners with his former colleagues from American Express, Rajini Kodialam and Lenny Chang. Adolf was then appointed SVP and general manager of the American Express Global Brokerage and Banking division. In 1998, Adolf joined American Express as the SVP Strategy and Business Development, reporting to CEO Harvey Golub. In 1990, he moved to the United States, where he was named partner at McKinsey. In 1987, he relocated to Munich, Germany to work for the global consulting firm McKinsey & Company. Business background Īdolf began his career at his family's CPA firm. Adolf graduated from the University of Innsbruck, Austria with a Doctor and Magister of Jurisprudence degree. Adolf's interest in financial services began at an early age, thanks to exposure to his father's work as the owner of a local accounting firm. Adolf was born in Innsbruck, Tyrol, Austria. ![]()
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