Michael Socha is a CFA-designated registered investment advisor at Socha Financial Group, LLC, based in Corning, NY, with 8 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Investment Management, Retirement Planning, Tax Planning. Their firm serves 761 clients with $410M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Socha Financial Group's annual investment advisory fee is up to 1.25% of the value of your investments. This fee is paid quarterly, in advance. The firm does not have a minimum investment size or fee, and the investment management fee can be negotiated. Financial planning services are available on a separate fee basis either project or hourly based.
Accounts valued between $250,000 and $800,000 include investment management, tax preparation services and financial planning services. Accounts valued between $800,000 and $1.5 million include investment management, tax preparation services and financial planning services. Accounts valued over $1.5 million include investment management, tax preparation services and financial planning services.
Location
181 East Second Street, Corning, NY, 14830
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Current Registrations
Socha Financial Group, LLC
Previous Registrations
Socha Financial Group
State Registrations1 state
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