Matthew R. Crow, ASA, CFA, president of Mercer Capital, was interviewed for the article “Focus IPO faces 5 hard questions” (Financial Planning). Matt’s most recent RIA Valuation Insights post served as the basis for the article. The article delivers an analysis of the Focus Financial filing and poses 5 questions the company will have to face.
Why does all this matter?
In going to market, Focus management is committing to prove viability in public filings, conference calls and daily trading,” Crow says. “It is a major undertaking for any company, but even more so for the one who goes first. If Focus Financial is successful as a public company, no doubt HighTower Advisors and United Capital will consider following their lead.”
Mercer Capital’s Asset Management practice provides RIAs, trust companies, and investment consultants with corporate valuation, financial reporting valuation, transaction advisory, portfolio valuation, and related services. Our industry blog, RIA Valuation Insights, is updated weekly with commentary on issues important to the Asset Management industry. We will continue to follow the future developments related to Focus Financial’s IPO.