{"url":"https://nivawealth.com/firms/the-kocen-financial-group-112129","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/112129","regulatoryAum":185854186,"crd":"112129","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5760422","suffix":null,"lastName":"HOUSEMAN","firstName":"PENNY","middleName":"JACQUELINE"},{"crd":"2119036","suffix":null,"lastName":"KOCEN","firstName":"BRYAN","middleName":"STUART"},{"crd":"1306954","suffix":null,"lastName":"KOCEN","firstName":"JOEL","middleName":"EVAN"},{"crd":"7419643","suffix":null,"lastName":"Tsikman","firstName":"David","middleName":null},{"crd":"6321945","suffix":null,"lastName":"WILLS","firstName":"JOHN","middleName":"BARTHOLOMEW"}],"total":5,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-14","regulatoryAum":280404202,"clients":421,"employees":8,"offices":2},{"filedOn":"2022-04-27","regulatoryAum":140745214,"clients":222,"employees":7,"offices":2},{"filedOn":"2023-03-23","regulatoryAum":122505618,"clients":220,"employees":8,"offices":1},{"filedOn":"2024-07-03","regulatoryAum":140269114,"clients":225,"employees":5,"offices":1},{"filedOn":"2025-03-19","regulatoryAum":163386599,"clients":221,"employees":5,"offices":1},{"filedOn":"2026-03-31","regulatoryAum":185854186,"clients":222,"employees":5,"offices":1}],"secFileNumber":"801-64553","legalName":"The Kocen Financial Group, Inc.","displayName":"The Kocen Financial Group","slug":"the-kocen-financial-group-112129","website":"https://kfginc.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/112129/81ba8157b673ee6c-r1.webp","tone":"light","width":364,"height":200,"sourceUrl":"https://www.kfginc.com/","sourceLabel":"The Kocen Financial Group, Inc., website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"California corporation","fiscalYearEnd":"December","headquarters":{"street":"35900 Bob Hope DR., Suite 202","city":"Rancho Mirage","state":"CA","stateName":"California","country":"United States","postalCode":"92270-1767"},"tradeNames":[],"registration":{"secApproved":"21 July 2005","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":817704.4131455399,"staff":{"employees":5,"advisory":5,"brokerDealerReps":0,"insuranceAgents":0,"promoters":1},"aum":{"regulatory":185854186,"discretionary":185854186,"discretionaryAccounts":773,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":2,"nonAumClients":2},"clientTypes":[{"label":"Individuals (other than HNW)","clients":129,"regulatoryAum":29609076},{"label":"High-net-worth individuals","clients":84,"regulatoryAum":144561964},{"label":"Pension and profit-sharing plans","clients":9,"regulatoryAum":11380404},{"label":"Corporations and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":302742}],"feePrograms":[{"role":"other","program":"Financial Planning","summary":"Financial plans are charged at a negotiated flat rate, generally ranging from $3,000 to $5,000 for the first year plan.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035194","versionId":1035194,"submittedOn":"2026-03-31","documentName":"ADV 2 BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T12:12:20.639741+00:00","documents":[{"name":"ADV 2 BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035194","versionId":1035194,"submittedOn":"2026-03-31"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Omaha, NE","smaAssets":90369004},{"name":"SEI Private Trust Company","shortName":"SEI Private Trust","location":"Oaks, PA","smaAssets":88361685}],"custodyNote":"The Kocen Financial Group does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Bryan Kocen","title":"President","crd":"2119036"},{"name":"David Tsikman","title":"Chief Compliance Officer","crd":"7419643"}],"ownership":[{"label":"The Kocen Living Trust, U/A Dated December 18, 2018","detail":"Owner in the 75% or more ownership band and a control person, since December 2018."},{"label":"Bryan Kocen","detail":"Indirect owner: trustee of The Kocen Living Trust, U/A Dated December 18, 2018 and a control person, since December 2018.","parent":"The Kocen Living Trust, U/A Dated December 18, 2018"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"35900 Bob Hope DR., Suite 202","city":"Rancho Mirage","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"760-324-4015","stateRegisteredReps":5,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":32},{"label":"Non-exchange-traded equity securities","percent":6},{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":3},{"label":"Securities issued by registered investment companies or business development companies","percent":54},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/112129/PDF/112129.pdf","brochureDate":"31 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035194","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does The Kocen Financial Group have?","answer":"The Kocen Financial Group has 222 clients and manages $186 million for them, as of March 2026. They include 129 individual clients, 84 high-net-worth individuals, and 9 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does The Kocen Financial Group offer?","answer":"The Kocen Financial Group provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does The Kocen Financial Group use?","answer":"The Kocen Financial Group’s separately managed account assets are held at Charles Schwab & Co., Inc. (Omaha, NE), with $90.4M and SEI Private Trust Company (Oaks, PA), with $88.4M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does The Kocen Financial Group have?","answer":"The Kocen Financial Group has 5 investment adviser representatives registered with state securities authorities, out of 5 employees, and 5 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does The Kocen Financial Group invest in?","answer":"At the end of its last fiscal year, The Kocen Financial Group’s separately managed accounts held 54% registered funds (mutual funds, ETFs, BDCs), 32% exchange-traded equities, 6% non-exchange-traded equities, 3% investment grade corporate bonds, 3% cash and equivalents, 1% U.S. government and agency bonds and 1% state and local bonds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns The Kocen Financial Group?","answer":"The Kocen Financial Group’s direct owner is the Kocen Living Trust, U/A Dated December 18, 2018 (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does The Kocen Financial Group get paid?","answer":"The Kocen Financial Group is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact The Kocen Financial Group?","answer":"The Kocen Financial Group’s main office is at 35900 Bob Hope DR., Suite 202, Rancho Mirage, CA 92270-1767. Its phone number is 760-324-4015. Its website is kfginc.com.","source":"Form ADV Part 1A, Item 1.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}