Due to the increasing racial and ethnic diversity in the United States, ethnic-racial socialization research has been gained attention. Parental ethnic-racial socialization is a way of passing down cultural resources to support children of color's psychosocial wellness. The goals of ethnic-racial socialization are: to pass on a positive view of one's ethnic group and to help children cope with racism. Through a meta-analysis of published research on ethnic-racial socialization, ethnic-racial socialization positively affects psychosocial well-being. This meta-analytic review focuses on research relevant to four indicators of psychosocial skills and how they are influenced by developmental stage, race and ethnicity, research designs, and the differences between parent and child self-reports. The dimensions of ethnic-racial socialization that are considered when looking for correlations with psychosocial skills are: cultural socialization, preparation for bias, promotion of mistrust and egalitarianism.