News

Sound Income Strategies’ ETF Ends Year as a Top Performer

Sound Income Strategies’ ETF Ends Year as a Top Performer

Sound Income Strategies, a Florida-based RIA and money manager, saw its FXED ETF end 2023 in the top 1% of similar funds tracked by Morningstar. Digital Wealth News has reported in the past that the firm utilizes a range of technology, including electronic communication through account dashboards, videos and artificial…
Sound Income Strategies' FXED ETF Maintains Top 1% Rating Among Peer Group by Morningstar

Sound Income Strategies' FXED ETF Maintains Top 1% Rating Among Peer Group by Morningstar

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 its…
Retirement Plan & Income Solutions Provider Of The Year: American Trust Retirement, Integrated Partners And Sound Income Group

Retirement Plan & Income Solutions Provider Of The Year: American Trust Retirement, Integrated Partners And Sound Income Group

The WSR Wealth Exemplar Awards Retirement Plan & Income Solutions Provider of the Year goes to the top three firms that advise on retirement plans under ERISA, support firms and professionals who support ERISA retirement plans and/or specialize in income solutions and strategies that financial advisors can align with their…
Sound Income Strategies Announces Successful Gips® Standards Verification

Sound Income Strategies Announces Successful Gips® Standards Verification

FORT LAUDERDALE, Fla., Jan. 29, 2024 /PRNewswire/ — Sound Income Strategies LLC, a Fort Lauderdale, Florida-based Registered Investment Advisory (RIA) firm with more than $2.6 billion in assets under management as of Dec. 31, 2023, announced today that it has been verified for the periods from Nov. 1, 2015, through June 30, 2023. Verification provides assurance on a firm’s…
Avoiding Mental Traps When Investing

Avoiding Mental Traps When Investing

When the stock market tumbled into a bear market for the first 10 months of 2022, it marked the first downturn that many young investors had ever experienced. Meanwhile, many older investors suffered a decline in their retirement income as the bear market dragged on for much of the year.…
Will Tech Stocks Be Magnificent Again in 2024?

Will Tech Stocks Be Magnificent Again in 2024?

What a difference a year and a nickname make. The “Magnificent 7” conquered the investing landscape in 2023, more than doubling in value collectively. Like the “FANG,” “meme,” and “dotcom” crazes before it, what started as a cheeky moniker assigned to a handful of streaking stocks morphed into a must-own…
Sound Income Strategies' FXED ETF Performance Maintains Top 1% Rating Among Peer Group by Morningstar

Sound Income Strategies' FXED ETF Performance Maintains Top 1% Rating Among Peer Group by Morningstar

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…
How To Attract, Not Chase, Clients

How To Attract, Not Chase, Clients

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…
Q&A with Pat Farrell of Sound Income Group

Q&A with Pat Farrell of Sound Income Group

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…
How Adding Riskier Assets Can Lower Portfolio Risk

How Adding Riskier Assets Can Lower Portfolio Risk

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…
LUMINARIES 2023 Finalists: Executive Leadership — Individuals, Group 2

LUMINARIES 2023 Finalists: Executive Leadership — Individuals, Group 2

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…
Barry C. Wheeles of Sound Income Strategies to Also Lead Roundtable

Barry C. Wheeles of Sound Income Strategies to Also Lead Roundtable

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…
Sound Income Strategies' Fxed ETF Performance Ranked No. 1 in Peer Group by Morningstar

Sound Income Strategies' Fxed ETF Performance Ranked No. 1 in Peer Group by Morningstar

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…
AdvisorHub Q&A with Patrick Farrell, President/CEO, Sound Income Group

AdvisorHub Q&A with Patrick Farrell, President/CEO, Sound Income Group

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…
Income-First Strategy Leads Among Large Value Funds

Income-First Strategy Leads Among Large Value Funds

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’ ETF Ranks in Top 4% of its Morningstar Category

Sound Income Strategies’ ETF Ranks in Top 4% of its Morningstar Category

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…
Tech-Savvy, Income-Focused: Dave Scranton’s Sound Equity Income Strategies’ ETF Continues to Outperform

Tech-Savvy, Income-Focused: Dave Scranton’s Sound Equity Income Strategies’ ETF Continues to Outperform

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…
When Income is the Primary Focus

When Income is the Primary Focus

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…