Insights

Year-to-Date and 1-Year Results  Once Again Tops List of 140 Similar Funds FORT LAUDERDALE, FL, Dec. 6, 2023 — Sound Income Strategies, a Fort Lauderdale, Florida-based Registered Investment Advisory (RIA) firm with more than $2 billion in assets under management, today announced its Sound Enhanced Fixed Income ETF (FXED) maintained…

By David Scranton, November 28, 2023, Financial Advisor Magazine I remember my early years as a financial advisor when I was pursuing clients by knocking on office doors at industrial parks. It was a tough way to generate business leads, but I was new to the industry and full of…

Schwab’s annual IMPACT conference brought thousands in the RIA industry to a three-day invite-only event in Philadelphia to connect and learn. Among this year’s participants was Pat Farrell, President and Chief Operating Officer at Sound Income Group, a financial services firm that includes the RIA Sound Income Strategies. He was…

To David Scranton, CEO of Sound Income Group, “the real magic” is “the ability to get competitive returns with less risk.” Scranton, in an interview with ThinkAdvisor, argues that “adding a little bit of the riskier assets to a conservative portfolio can help increase your returns but lower your volatility…

We are extremely pleased to present the recent achievements of industry leaders and pioneers being recognized in our third-annual LUMINARIES awards program. The Class of 2023 Firm Finalists in Executive Leadership are featured here. Other slideshows highlight the accomplishments of finalists in Community Impact, Financial and Investment Innovation — which…

Q&A With Dynasty CIO Bob Shea – Our Investments Solutions Leader Of The Quarter, And Product News Featuring Allspring Global Investments, CION Ares Management, Hedge Fund Research, CAIS, Sound Income Strategies, Flourish, Opto Investments, AXS Investments And Advyzon Investment Management By Chris Latham Financial advisors and wealth management firms require…

Sound Income Group, a diversified financial services company based in Fort Lauderdale, Florida, has announced that Barry C. Wheeles, Director of Business Development at its affiliate Sound Income Strategies, will be leading roundtable discussions on income investing. Sound Income Strategies is an SEC-registered RIA with approximately $2 billion in total…

FORT LAUDERDALE, Fla., Sept. 13, 2023 /PRNewswire/ — Sound Income Strategies, a Fort Lauderdale, Florida-based Registered Investment Advisory (RIA) firm with more than $2 billion in assets under management, today announced its Sound Enhanced Fixed Income ETF (FXED) topped Morningstar’s ranking of 137 similar funds based on total returns as of June 30, 2023. According to Morningstar, the FXED…

By Patrick Ferrell October 2, 2023 https://www.advisorhub.com/resources/advisorhub-qa-with-patrick-ferrell-president-ceo-sound-income-group/ The financial services industry is faced with several tipping points from both an operations and client perspective. There’s a massive wealth transfer taking place over the next 20 years coupled with an aging advisor population set to retire and fewer next-generation advisors filling…

https://event.thinkadvisor.com/luminaries-awards/3128509 *Sound Income Group was named a finalist under Executive Leadership under Individuals (David Scranton) for RIA/IAR Firms Each day, several hundred thousand advisors make a tremendous difference in their clients’ lives in concert with a large group of industry players. But which individuals and firms are taking the most…

Investment Solutions Providers Are Under Greater Pressure To Use New Strategies And Technologies The economy continues to face significant headwinds, in terms of supply chain disruptions and talent shortages in certain sectors while waves of job cuts are happening in others, together with continued inflationary trends that are only starting…

AI-enabled technologies have not taken over, but they are starting to move into client-facing, front-of-the-house roles. Erika Wilson and Richard Hanna | Apr 04, 2023 The role of artificial intelligence in the financial services industry has evolved dramatically since its initial adoption decades ago to automate data entry. AI-enabled technologies have…

Fort Lauderdale, Florida-based RIA Sound Income Strategies announced its Sound Equity Income ETF (DIVY) ranked in the top 4% of Morningstar’s 1,229 U.S. large value funds, based on total returns as of year-end 2022. The firm has over $2 billion in assets under management and is part of Sound Income Group, a 2022 WSR…

Sound Income Strategies recently announced the outperformance of its Sound Equity Income ETF (DIVY), which ranked near the top of Morningstar’s 1,200+ U.S. Large Value Funds category, as of December 31, 2022. According to a press release issued by the firm, the ETF’s top 4% performance comes on the heels…

Typically, the combination of market turmoil, economic uncertainty and a surging interest rate environment would present big picture challenges for asset managers, especially in the world of packaged products such as mutual funds and ETFs. This is especially so given the dominance of passive management, with an emphasis on indexed…

FORT LAUDERDALE, Fla., March 31, 2023 /PRNewswire/ — Sound Income Group, a Fort Lauderdale, Florida-based, diversified financial services company, today announced it launched a course to help financial advisors leverage artificial intelligence (AI) to drive efficiency, productivity and growth. “Artificial Intelligence for Financial Advisors” is a course for financial professionals associated with our Sound…

Weathering Market Turbulence Is Paramount HAVING THE LASTING memory of the recently closed books for 2022, what a rough year it was for so many investors! But it doesn’t need to stop there. Is it time for a new income strategy? Stocks and bonds were both down in 2022, which…

Now that I bond mania has eased along with the rate of inflation, last year’s investors need to decide if they want to continue with their I bond commitment, increase it or look elsewhere for yield. Last year’s frenzied stampede into Series I bonds was reminiscent of the early 1960s…

Over two-thirds of non-retired investors say they may continue working after they retire. Post-retirement life may never look the same post-pandemic. According to Nationwide’s eighth annual Advisor Authority survey, market turmoil and the soaring cost of living have forced more investors to consider working after their “retirement.” The study showed…

We’re On The Scene At FSI OneVoice With Quick Insights From Independent Wealth Management Industry LeadersAt this year’s FSI OneVoice in Palm Desert, California, I’m speaking with industry leaders about why they are attending the Financial Services Institute’s annual conference and what they aim to get out of it. We will post…

Almost one in three Americans say their finances are in worse shape now than at this time a year ago, up from the 19% who felt that way in 2021. A new report shows nearly a third of Americans say their finances have deteriorated in the past year and don’t…

The WSR Wealth Exemplar Awards Retirement Income Solutions Provider of the Year goes to the top three firms that specialize in helping financial advisors align their clients with retirement income planning and retirement income generative vehicles. Firms must service a minimum of $250 million in client assets. Sound Income Group…

Bank sales propelled fixed-rate deferred and fixed-indexed annuity sales to hit record levels for the second consecutive quarter. The scorching hot demand for annuities didn’t cool off during the third quarter, and banks played a key role. Bank sales propelled fixed-rate deferred and fixed-indexed annuity sales to reach record levels…

The end of the year is crucial for tax purposes, and strategies include tax-loss harvesting, charitable gifting and rebalancing client portfolios. The countdown to 2023 has begun, and financial advisers better get themselves — and their clients — ready before ringing in the new year. “The end of the year…

If you’re an American worker feeling behind on your retirement savings, you’re far from alone, according to a new survey. More than half of working Americans (55%) feel they are behind on saving for their retirement, including more than a third (35%) who feel “significantly behind” and 20% who feel…

The leaves aren’t the only things changing this fall. As the wealth management and wealthtech industries moves into the fourth quarter, they face an extremely volatile period of market instability, massive inflation and interest rate increases and expected regulatory changes, coupled with continued consolidation and growth through scale. Several players…

Sound Income Group announced its launch as the parent company for retirement-focused firms Sound Income Strategies, the Retirement Income Store and Advisors’ Academy, all founded by David Scranton, in a move designed to accelerate the capabilities of each constituent firm to deliver income resources and solutions to financial professionals. “Our…

How Financial Advisors Can Best Transition Boomers And Xers From Capital Appreciation To Retirement Income The youngest baby boomers turn 58 this year as their generation adds to the increasing number of retirees in the U.S. and Canada. Generation X (including this author) isn’t far behind. In an optimistic scenario,…

NEPC’s study shows a lack of industry consensus on how to create meaningful retirement income solutions in companies’ defined-contribution plans. According the recently released NEPC Defined Contribution Plan Trends and Fee Survey, there’s almost no industry consensus on how to create meaningful retirement income solutions in employer plans even as the market for…

As a successful financial advisor, best-selling author, and CEO of Sound Income Group, I have dedicated my career to helping investors achieve their financial goals, and helping fellow advisors reach their full potential. Over the years, I have gained a wealth of knowledge and experience in the financial planning industry…