Ocean Financial Advisors (OFA) provides investment management and consulting services. OFA creates investment strategies based on client information, including financial holdings, investment objectives, and risk tolerance. OFA offers both discretionary and non-discretionary advisory accounts. OFA may use model portfolios and sub-advisors. OFA is owned by OFS Holding, LLC, which is owned by Ocean Bank.
Fee Structure
Ocean Financial Advisors (OFA) charges up to 2.0% per year for managing your investments, whether in a discretionary or non-discretionary account. This fee is based on the value of the assets in your account and is charged quarterly. The fee may be negotiable depending on your specific situation. If you end your service before the end of a quarter, you'll be charged a pro-rated fee.