SOUND INCOME STRATEGIES, LLC

RIASEC RegisteredEst. 2014
Total AUM
$4.2B
Discretionary
$3.9B
94% of AUM
Avg account
$169K
Accounts
24,756
Employees
134
Advisory reps
131

Firm details

Headquarters
Fort Lauderdale, Florida
CRD number
173272
Registered since
October 22, 2014
Website
soundincomestrategies.com
Custodians
CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • Individuals80.75%
  • HNWI18.8%
  • Corporations / Businesses0.35%
  • Pension & Profit Sharing Plans0.09%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Investment CompaniesEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Sound Income Strategies, LLC is a privately held advisory firm organized as an LLC and registered with the SEC since 2014. The firm serves both individual/family clients and institutional accounts, offering financial planning, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and investor education through seminars and workshops. Its billing model combines asset-based fees with hourly and fixed-fee arrangements. The firm is not positioned as an ESG investor and does not identify as a multi-state or pension consultant adviser; it also maintains affiliations with broker-dealers, accounting firms, and insurance companies.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

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Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 60%, Public Funds/Mutual Funds 12%, Investment Grade Corp Bonds 10%, Non-Investment Grade Corp Bonds 10%, Cash & Cash Equivalents 6%, Non-Exchange Traded Equities 1%, US Government Bonds 1%60%
  • Exchange Traded Equities60%
  • Public Funds/Mutual Funds12%
  • Investment Grade Corp Bonds10%
  • Non-Investment Grade Corp Bonds10%
  • Cash & Cash Equivalents6%

Owners & executives

3 of 11

  • Kristin Carleton

    CEO & Chief Investment StrategistCRD 4485193

  • Phong Truong

    Chief Client OfficerCRD 5655764

  • Derek Illston

    COO, Investment Advisor RepresentativeCRD 7951046

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Contacts

3 of 120

  • BRITNEY MERRILL

    Investment Advisor RepresentativeCRD 4494311

  • GARY OSING

    Vice PresidentCRD 5477151

  • DAVID STEARNS

    PresidentCRD 5426518

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Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

FINTRX

ETF holdings

1 of 1,111

Active vs passive

$693M in ETFs

Passive

82%

$567M

Active

15%

$125M

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES 0-5 YEAR HIGH YIELD CORPORATE BOND ETF (SHYG)BlackRockPassiveHigh Yield Bond$42.8M1,015,0556.17%
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Location

Primary office

Fort Lauderdale, FL

BROWARD

Location

Fort Lauderdale, FL

Headquartered in Fort Lauderdale, FL, anchoring the Miami-Port St. Lucie-Fort Lauderdale, FL metro in the South.

Metro area
Miami-Port St. Lucie-Fort Lauderdale, FL
Region
South
County
BROWARD
Address
500 W Cypress Creek Rd
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

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