DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Socha Financial Group, LLC
Latest filing Mar 31, 2026
First filing on the tape Jan 2, 2019 · 21 filings
SEC status approved since Mar 21, 2019
RAUM
$430M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$430M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$143M
derived; firm RAUM over IAPD count
Employees
6
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$430M as of Mar 31, 2026
Feb 3, 2020$276M then
HNW client RAUM$224M as of Mar 31, 2026
Feb 3, 2020$120M then
State-registered IARs (5.B.3)3 as of Mar 31, 2026
Feb 3, 20204 then
Employees (5.A)6 as of Mar 31, 2026
Feb 3, 20206 then
Private funds: no history
RAUM +4.8% over the last fiscal year+12% a year over threeIARs 4 to 3offices 0 to 1
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- RAUM per advisor
- $143MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 245derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.7MderivedHNW RAUM over HNW clients
- Average account
- $281,757derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.0derivedItem 5.A over advisors
- Advisors per office
- 1.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +4.8%derivedbetween the last two annual amendments
- Advisor growth, one year
- -25%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -3.5%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, otherreportedItem 5.G
- Custody
- $1.4M, 2 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$224M52%
- Individuals$206M48%
- Individual clients
- 604reported
- HNW clients
- 130reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 1,526reported
- Financial planning clients
- 251-500reported
- Wrap fee programs
- noreported
- Custody of client assets
- $1.4M for 2 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Michael Eric SochaChartered Financial Analyst | Corning, Ny | May 12, 2021 | 15 y | 1 |
Advisor movement
2 left, 0 joined in 12 months
net -2 in 12 months2 left in 90 days0 joined in 90 daysdeparture rate 67% of current headcount3 left over 36 months
Left, latest
- Jolie Mccarthy to Savant Wealth ManagementSep 14, 2026 · RIA to RIA
- Michelle Socha Vang to Savant Wealth ManagementSep 14, 2026 · RIA to RIA
- Nina Helen Graham to Cambridge Investment Research Advisors, Inc.Nov 20, 2024 · RIA to affiliated broker-dealer or bank
Joined, latest
- Michael Eric Socha from Socha Financial GroupMay 12, 2021 · RIA to RIA
Teams: two or more advisors moving together within fourteen days, from one state
- 2 left for Savant Wealth ManagementSep 14, 2026 · Corning, Ny
- 3 joined from Socha Financial GroupMar 22, 2019 · Corning, Ny · Firm absorbed
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Jolie Mccarthy · Membercontrolsince 01/2019 · owns 10% to 25%
- Eric Michael Socha · Membercontrolsince 01/2019 · owns 25% to 50%
- Socha Michelle Vang · Chief Compliance Officer, Membercontrolsince 01/2019 · owns 25% to 50%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Corning, Ny · principal | 3 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- unusually high clients per advisorStatic outlier · filing Mar 31, 2026private clients per advisor of 244.7 against a peer median of 57.3 (3075 comparable advisers, 98.0th percentile, 5.3 robust deviations)peers: independent wealth managers, $100M to $500M (3,075) · 98% percentile
What changed
consecutive filings, newest first
- Accounts · 1,627 to 1,526Mar 24, 2025 to Mar 31, 2026
- Advisory employees · 4 to 3Mar 24, 2025 to Mar 31, 2026
- HNW clients · 142 to 130Mar 24, 2025 to Mar 31, 2026
- Individual clients · 619 to 604Mar 24, 2025 to Mar 31, 2026
- Assets in custody · $3.5M to $1.4MMar 24, 2025 to Mar 31, 2026
- Employees · 5 to 6Mar 24, 2025 to Mar 31, 2026
- State-registered IARs · 4 to 3Mar 24, 2025 to Mar 31, 2026
- Other offices · 0 to 1Mar 24, 2025 to Mar 31, 2026
- Discretionary RAUM · $410M to $430MMar 24, 2025 to Mar 31, 2026
- HNW RAUM · $227M to $224MMar 24, 2025 to Mar 31, 2026
- Individual RAUM · $183M to $206MMar 24, 2025 to Mar 31, 2026
- RAUM · $410M to $430MMar 24, 2025 to Mar 31, 2026
- Accounts · 754 to 1,627Nov 20, 2024 to Mar 24, 2025
- Advisory employees · 5 to 4Nov 20, 2024 to Mar 24, 2025
- HNW clients · 143 to 142Nov 20, 2024 to Mar 24, 2025
- Individual clients · 611 to 619Nov 20, 2024 to Mar 24, 2025
- Assets in custody · $3.4M to $3.5MNov 20, 2024 to Mar 24, 2025
- Employees · 11 to 5Nov 20, 2024 to Mar 24, 2025
- Financial planning clients · 251-500 to 251-500Nov 20, 2024 to Mar 24, 2025
- Discretionary RAUM · $354M to $410MNov 20, 2024 to Mar 24, 2025
- HNW RAUM · $204M to $227MNov 20, 2024 to Mar 24, 2025
- Individual RAUM · $150M to $183MNov 20, 2024 to Mar 24, 2025
- RAUM · $354M to $410MNov 20, 2024 to Mar 24, 2025
- Other offices · 1 to 0Nov 1, 2024 to Nov 20, 2024
- Accounts · 745 to 754Mar 24, 2023 to Mar 22, 2024
- Charity clients · 0.0 to unsetMar 24, 2023 to Mar 22, 2024
- Corporate clients · 0.0 to unsetMar 24, 2023 to Mar 22, 2024
- HNW clients · 129 to 143Mar 24, 2023 to Mar 22, 2024
- Individual clients · 616 to 611Mar 24, 2023 to Mar 22, 2024
- Pension plan clients · 0.0 to unsetMar 24, 2023 to Mar 22, 2024
- Pooled vehicle clients · 0.0 to unsetMar 24, 2023 to Mar 22, 2024
- Assets in custody · $2.3M to $3.4MMar 24, 2023 to Mar 22, 2024
- Employees · 6 to 11Mar 24, 2023 to Mar 22, 2024
- Other offices · 0 to 1Mar 24, 2023 to Mar 22, 2024
- Discretionary RAUM · $303M to $354MMar 24, 2023 to Mar 22, 2024
- HNW RAUM · $131M to $204MMar 24, 2023 to Mar 22, 2024
- Individual RAUM · $172M to $150MMar 24, 2023 to Mar 22, 2024
- Pension RAUM · 0.0 to unsetMar 24, 2023 to Mar 22, 2024
- Pooled vehicle RAUM · 0.0 to unsetMar 24, 2023 to Mar 22, 2024
- RAUM · $303M to $354MMar 24, 2023 to Mar 22, 2024
Signals
8 dated events
- 2 advisors left Socha Financial Group, LLC (Corning, NY) for Savant Wealth Management on the same daySep 14, 2026 · Team lift-out · derived
- Michael Eric Socha no longer holds an investment adviser registration (last listed at Socha Financial Group, Llc on the 2026-09-14 feed)Sep 14, 2026 · Advisor registration ended · derived
- Michelle Socha Vang left Socha Financial Group, LLC for Savant Wealth Management (registered 2026-09-01)Sep 14, 2026 · Advisor changed firm · fact
- Jolie Mccarthy left Socha Financial Group, LLC for Savant Wealth Management (registered 2026-09-01)Sep 14, 2026 · Advisor changed firm · fact
- Nina Helen Graham left Socha Financial Group, Llc for Cambridge Investment Research Advisors, Inc. (registered 2025-03-07)Nov 20, 2024 · Advisor changed firm · fact
- Graham Nina Socha (Member) no longer on Schedule A of Socha Financial Group, Llc (listed 2024-11-01, absent 2024-11-20)Nov 20, 2024 · Control person left · inference
- Socha Financial Group, Llc reported succeeding to the business of Another Adviser (Form ADV Item 4)Jan 2, 2019 · Succession (Item 4) · fact
- Socha Financial Group, Llc filed its initial SEC registration (Form ADV)Jan 2, 2019 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Principal office phone
- 607-962-0605reportedpublic record, Form ADV, Nov 20, 2024
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $143Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026