Socha Financial Group offers financial planning, investment advice, and tax preparation to individuals, families, estates, trusts, and charities. Financial planning covers retirement, college, and tax matters. Investment management is typically discretionary, using mutual funds, ETFs, bonds, and stocks. Socha also helps clients with insurance through a third-party broker. Clients can purchase tax preparation and insurance services elsewhere.
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.