The Kocen Financial Group, Inc. (Rancho Mirage)

Name: The Kocen Financial Group, Inc.
Address: 35900 Bob Hope Dr., Suite 202, Rancho Mirage, CA, 92270 1767
Telephone: 760-324-4015

The Kocen Financial Group, Inc. is a large advisory firm based in Rancho Mirage. It manages $193.4 million of regulatory assets for 1,365 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of California, Massachusetts, Pennsylvania, and Texas.

The Kocen Financial Group provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

The Kocen Financial Group: assets under management

The assets under management (AUM) of The Kocen Financial Group, Inc. is $193.4 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 280% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $193.4 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $141.68 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 72% of the total AUM. The second-largest asset type is exchange traded securities, which make up 21% of the firm’s portfolio. Investments in investment grade corporate bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Kocen Financial Group, Inc. for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Bryan Stuart Kocen serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Bryan Stuart Kocen is high net worth individuals with 148 clients and $136.74 million of assets under management. Among the 13 most similar advisory firms, The Kocen Financial Group has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $187.07 million for 380 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

The Kocen Financial Group doesn't advise any private funds.

Careers at The Kocen Financial Group, Inc.

The company employs 7 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Bryan Stuart Kocen has been acting as President since 1 Jan 1991. U/A Dated December 18 2018 The Kocen Living Trust joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bryan Stuart Kocen	President/chief compliance officer	1 Jan 1991	50% - 75%	2119036
Gail Gordon Kocen	Executive vp	1 Jan 1991	50% - 75%	2259803
U/A Dated December 18 2018 The Kocen Living Trust	Owner	1 Dec 2018	75% - 100%	xxx-xx-xxxx

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Bryan Stuart Kocen	Trustee	1 Dec 2018	Other	2119036

Based in Rancho Mirage

The principal office where The Kocen Financial Group, Inc. performs its advisory services is located at 35900 Bob Hope Dr., Suite 202, Rancho Mirage, CA 92270 1767, which is also the mailing address of the firm. An additional office of the firm is in San Diego, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 760-324-4015 or by fax 760-324-4301. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at kfginc.com.