{"id":604440,"date":"2026-07-26T03:13:15","date_gmt":"2026-07-26T03:13:15","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/604440\/"},"modified":"2026-07-26T03:13:15","modified_gmt":"2026-07-26T03:13:15","slug":"michael-nathanson-steps-down-as-focus-financial-ceo","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/604440\/","title":{"rendered":"Michael Nathanson Steps Down as Focus Financial CEO"},"content":{"rendered":"<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Michael Nathanson, who has <a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" href=\"https:\/\/www.wealthmanagement.com\/ria-news\/focus-financial-names-michael-nathanson-ceo\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">served as CEO of Focus Financial Partners<\/a> for the last year and a half, is stepping down from the role, with current president Adam Birenbaum taking over the position, the firm announced Friday. Nathanson will transition to chairman and member of the board of directors.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">In a statement, the company said the move was part of a succession plan designed by Nathanson.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Nathanson has led Focus since April 2024, spearheading its larger effort to consolidate its 90 independently-operated subsidiary practices into a handful of hub firms. Prior to that, he served as president of Focus and CEO of The Colony Group, one of Focus\u2019s largest partner firms. The Colony Group has since been designated as one of Focus\u2019s hub firms and <a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" href=\"https:\/\/www.wealthmanagement.com\/ria-news\/focus-financial-partners-rebrands-hub-firms\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">rebranded as Focus Partners Wealth<\/a>. Birenbaum had served as president of that hub.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">\u201cIt has been my privilege to lead and guide Focus through the most recent phase of its evolution,\u201d Nathanson said in a statement. \u201cNow that a strong foundation and clear strategy is in place, after consideration with the board, we determined that Adam is uniquely positioned to lead the organization through the next phase of its growth.\u201d<\/p>\n<p data-component=\"related-article\" class=\"RelatedArticle\">Related:<a class=\"RelatedArticle-RelatedContent\" href=\"https:\/\/www.wealthmanagement.com\/ria-news\/deals-moves-ria-arax-to-exceed-45b-with-latest-acquisition\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">Deals &amp; Moves: RFG Advisory Caps Record Recruiting Run With Farther Advisor<\/a><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Birenbaum will lead Focus as it continues the transformation from a holding-company model to an integrated business platform, following the firm\u2019s 2023 acquisition by private equity owners Clayton, Dubilier &amp; Rice and Stone Point Capital in a deal valued at over $7 billion.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Birenbaum was promoted to the <a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" href=\"https:\/\/www.wealthmanagement.com\/career-moves\/focus-financial-partners-promotes-birenbaum-ferri-to-key-executive-posts\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">role of president in April 2025<\/a>. He began his career as an intern with a Focus legacy firm over 20 years ago.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Altogether, Focus Financial Partners\u2019 various business lines collectively oversee more than $520 billion in assets.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">In June, Nathanson spoke at the Wealth Management EDGE conference in Boca Raton, Fla., saying that the RIA industry has <a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" href=\"https:\/\/www.wealthmanagement.com\/ria-news\/focus-financial-ceo-makes-case-for-ria-age-of-interdependence-\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">entered the age of \u201cinterdependence,\u201d<\/a> with large firms that don\u2019t adapt to that evolution potentially \u201cgoing extinct.\u201d He made the case for the interconnected model, noting that his own firm <a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" href=\"https:\/\/www.wealthmanagement.com\/ria-news\/focus-financial-partners-rebrands-hub-firms\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">has been working to bring its national network<\/a> closer together in what he calls a \u201ccoalition of the willing.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Michael Nathanson, who has served as CEO of Focus Financial Partners for the last year and a half,&hellip;\n","protected":false},"author":2,"featured_media":604441,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[177],"tags":[79,18,19,17,234,235],"class_list":["post-604440","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-eire","tag-ie","tag-ireland","tag-personal-finance","tag-personalfinance"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116984100023043435","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/604440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=604440"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/604440\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/604441"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=604440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=604440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=604440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}