Delta Financial Group, Inc

CRD#107399
Investment Advisor Firm

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Overview

Delta Financial Group, Inc is located at 37 Stonehouse Road, Basking Ridge, NJ. The firm employs 4 financial advisors to manage client portfolios and provide financial guidance. Delta Financial Group, Inc is not a registered broker-dealer.

Delta Financial Group, Inc oversees $1.2 billion in assets under management across 3,256 accounts, of which 3,077 are discretionary and 179 are non-discretionary. Over the past year, the firm has provided financial planning services to between 251 and 500 clients. The services offered include financial planning services, portfolio management for individuals and small businesses, and portfolio management for institutional clients. The firm caters to retail investors, high net worth investors, pension plans, charitable organizations, and corporations, with retail investors being the largest client type by accounts. The fee structure at Delta Financial Group, Inc includes asset-based, hourly, and fixed fees. The firm has 322 high net worth clients.

Delta Financial Group, Inc is registered in the states of Alaska, Arizona, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Illinois, Louisiana, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Vermont, Virginia, and Washington.

Assets Under Management

$1.2 billion

Number of Advisors

4

Disclosures

No

Office Location

37 Stonehouse Road
Basking Ridge, NJ 07920-2628

Delta Financial Group, Inc by the Numbers

Total Assets Under Management

$1.2 billion

National Average: $8.6 billion
Total Number of Employees

10

National Average: 64
Total Number of Accounts

3,256

National Average: 375,227
Average Account Size

$367.8 thousand

National Average: $23.0 thousand
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Products and Services

Delta Financial Group, Inc offers a variety of financial services, which can consist of financial planning services, portfolio management for individuals and small businesses, and portfolio management for institutional clients. In the past financial year, Delta Financial Group, Inc provided 251-500 of its accounts with financial planning services. The Firm does not sell products or offer services apart from investment advisory services to its investment advisory customers.

Core Advisor Services

  • 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.

  • 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.

  • 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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Fee Structure

A financial advisor's fees largely depend on the services provided. Fees billed by Delta Financial Group, Inc may include any combination of the following fee types: asset-based, hourly, or fixed.

Available

  • Offered by 69% of firms

    Percentage of Assets

    Show Explanation

    This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

  • Offered by 21% of firms

    Hourly

    Show Explanation

    Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

  • Offered by 32% of firms

    Fixed

    Show Explanation

    Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

Unavailable

  • Find one of the 1% of firms that offer this fee type

    Commissions

    Show Explanation

    Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

  • Find one of the 26% of firms that offer this fee type

    Performance-based

    Show Explanation

    Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

  • Find one of the 0% of firms that offer this fee type

    Subscription

    Show Explanation

    Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

  • Find one of the 10% of firms that offer this fee type

    Other

    Show Explanation

    Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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Types of Clients

The firm does business with a broad range of investors. It caters to retail investors, high net worth investors, pension plans, charitable organizations, and corporations. Out of its 5 clients, Delta Financial Group, Inc's biggest client group by number of accounts is high net worth investors, but it also caters to 322 high-net-worth individuals. A high-net-worth individual is defined by the SEC as an individual who has at least $750,000 in AUM or a net worth of more than $1,50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments).

Created with Highcharts 6.0.7
  • High-Net-Worth Individuals* - 29.46%
  • Other Individuals - 68.8%
  • Corporations - 1.56%
  • Charitable Organizations - 0.18%

* 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

Delta Financial Group, Inc does not have any disclosures.

Please visit its Form ADV for more details.

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Created with Highcharts 6.0.7
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Financial Advisors at Delta Financial Group, Inc

Joseph Marrocco
Basking Ridge, NJ
Joseph Macellara
Basking Ridge, NJ
Sean Donovan
Basking Ridge, NJ
Wayne Howell
Basking Ridge, NJ

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The content in this profile was updated by SmartAsset on 6/19/2024. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.

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Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.