The Kocen Financial Group, Inc
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Overview
The Kocen Financial Group, Inc operates as an advisory firm that has its headquarters in Rancho Mirage, California. The company administers $122.5 million in assets throughout 726 client accounts, making it a mid-tier financial advisory firm in the nation by assets under management (AUM). It has a small team, including 6 financial advisors. The Kocen Financial Group, Inc does not act as a registered broker-dealer, meaning it cannot buy and sell securities for its own accounts as well as its customers' and instead has to go through a broker-dealer firm to do so. Securities are tradable fiscal assets such as equities, bonds and options.
The Kocen Financial Group, Inc manages all of the firm's accounts on a discretionary basis. Discretionary management signifies that an investment advisor has the discretion to make transaction decisions without requiring client authorization. The advisory firm oversees an average of $168,741 for every client account. An average advisor at The Kocen Financial Group, Inc administers about 121 client accounts.
The Kocen Financial Group, Inc's central office is located at 35900 Bob Hope Dr., Suite 202, Rancho Mirage, California 92270-1767. The firm is allowed to provide services to investors across a number of states, including California, Massachusetts, Nebraska, New York, Pennsylvania and Texas.
Assets Under Management
Number of Advisors
Disclosures
Office Location
The Kocen Financial Group, Inc by the Numbers
$122.5 million
8
726
$168.7 thousand
Products and Services
The Kocen Financial Group, Inc provides a variety of financial services, which can include financial planning services, portfolio management for individuals and small businesses and selection of other advisers. In the prior financial year, it provided financial planning services to 51-100 of its clients. The firm does not sell products or offer services other than investment advice to its investment advisory accounts. The Kocen Financial Group, Inc is affiliated with one or more other service providers in the financial services industry, including with a broker-dealer or securities dealer.
Core Advisor Services
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Offered by 31% of firms
Financial Planning Services
This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.
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Offered by 46% of firms
Portfolio Management
This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.
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Find a firm that offers this service
Market Timing Services
This is the practice of attempting to make short-term profits on investments by buying low and selling high.
Other Services
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Offered by 20% of firms
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
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Publication of Periodicals
This is the publication of various financial education materials.
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Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
Fees charged by financial advisors largely vary depending on which services are provided. Fees billed by the firm likely consist of the following fee structures: asset-based or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not provided by the company.
Available
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Offered by 69% of firms
Percentage of Assets
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Offered by 32% of firms
Fixed
Unavailable
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Find one of the 21% of firms that offer this fee type
Hourly
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Find one of the 1% of firms that offer this fee type
Commissions
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Find one of the 26% of firms that offer this fee type
Performance-based
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Find one of the 0% of firms that offer this fee type
Subscription
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Find one of the 10% of firms that offer this fee type
Other
Types of Clients
It provides services to retail investors, high net worth investors and pension plans. Out of its 726 customers, The Kocen Financial Group, Inc's biggest client is retail investors, although it also manages money for 77 high-net-worth individuals. A high-net-worth individual is defined by the SEC as an investor who has at least $750,000 in AUM or a net worth of more than $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the company's clients are represented by non-U.S. persons.
- High-Net-Worth Individuals* - 35%
- Other Individuals - 61.36%
- Corporations - 3.64%
- Charitable Organizations - 0%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
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Disclosures
The Kocen Financial Group, Inc does not have any disclosures.
Please visit its Form ADV for more details.
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Financial Advisors at The Kocen Financial Group, Inc
Rancho Mirage, CA
Rancho Mirage, CA
Rancho Mirage, CA
Rancho Mirage, CA
Rancho Mirage, CA
Rancho Mirage, CA
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