Focus Partners Wealth, LLC

• A percentage of assets under your management
• Hourly charges
• Fixed fees (other than subscription fees)
• Performance-based fees
• Other

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

See the firm's brochure (dated April 30, 2026) for its fees and any account minimum, on the SEC's IAPD site.

$181,862,000,000 as of October 2026, filing dated September 29, 2026.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

• Financial planning services
• Portfolio management for individuals and/or small businesses
• Portfolio management for investment companies (and business development companies)
• Portfolio management for pooled investment vehicles (other than investment companies)
• Portfolio management for businesses (other than small businesses) or institutional clients
• Pension consulting services
• Selection of other advisers (including private fund managers)
• Publication of periodicals or newsletters
• Educational seminars/workshops
• Other

Also doing business as

CHURCHILL MANAGEMENT GROUP, D. K. BREDE INVESTMENT MANAGEMENT COMPANY, A FOCUS PARTNERS WEALTH COMPANY

Registration

SEC-registered investment adviser. Status as filed: Approved.

Registered since

2011 (14 years)

Employees

Total: 1,915. Performing investment advisory functions: 1,025.

Wrap fee program participation

Yes.

Custodians (Schedule D, Section 5.K(3))

Charles Schwab & Co., Inc.Fidelity Brokerage Services LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

Other offices (Schedule D, Section 1.F)

25 other offices, as of the October 2026 filing

Albany, NYAtlanta, GABellevue, WABethesda, MDBoca Raton, FLBoston, MACalabasas, CAChicago, ILDeerfield, ILGreenwood Village, COHingham, MAIndianapoilis, INMenlo Park, CANashville, TNNeedom, MANew York, NYPittsburg, PAPortland, ORSan Diego, CASanta Monica, CASeattle, WASouthfield, MITuscon, AZWest Hartford, CTWestport, CT

States registered or notice-filed

51 states or jurisdictions

AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPARISCSDTNTXUTVAVTWAWIWVWY

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

2 Reports 2 disclosure items on Form ADV Item 11. View on IAPD.

Questions answered yes on this filing

Regulatory matters Items 11.C to 11.G

• 11.D(2) Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
• 11.D(4) In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. What happened, and who was involved, is on the Disclosure Reporting Pages of the IAPD record. Reading a firm's disclosures

Regulatory assets under management: $13,054,044,702 in the October 2021 data and $181,862,000,000 in the October 2026 data, up 1293%.

Total employees: 250 in October 2021 and 1,915 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

1. October 2026
   • Changed its office addresses in Atlanta, GA.
2. March 2026
   • Regulatory assets under management went from $95,889,888,426 to $181,862,000,000 (+90%).
   • Employees performing advisory functions went from 1090 to 1025.
   • Changed its office addresses in Bethesda, MD.
   • Changed its office addresses in Chicago, IL.
   • Changed its office addresses in Deerfield, IL.
   • Added an office in Bellevue, WA.
   • Added an office in Greenwood Village, CO.
   • Added an office in Needom, MA.
   • Added an office in Pittsburg, PA.
   • Added an office in Santa Monica, CA.
   • Added an office in Seattle, WA.
   • Added an office in Southfield, MI.
   • Added an office in Tuscon, AZ.
   • No longer lists an office in Hunt Valley, MD.
   • No longer lists an office in Kansas City, MO.
   • No longer lists an office in Lincoln, NE.
   • No longer lists an office in Los Angeles, CA.
   • No longer lists an office in North Andover, MA.
   • No longer lists an office in Palo Alto, CA.
   • No longer lists an office in Wellesley, MA.
   • Updated its list of owners and control persons (Schedule A).
3. December 2025
   • Employees performing advisory functions went from 1050 to 1090.

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.