{"id":16542,"date":"2023-10-03T10:57:28","date_gmt":"2023-10-03T14:57:28","guid":{"rendered":"https:\/\/soundincomestrategies.com\/?p=16542"},"modified":"2023-10-03T11:06:27","modified_gmt":"2023-10-03T15:06:27","slug":"income-first-strategy-leads-among-large-value-funds","status":"publish","type":"post","link":"https:\/\/soundincomestrategies.com\/media\/income-first-strategy-leads-among-large-value-funds\/","title":{"rendered":"Income-First Strategy Leads Among Large Value Funds"},"content":{"rendered":"

Fort Lauderdale, Florida-based RIA\u00a0Sound Income Strategies<\/strong><\/a>\u00a0announced<\/strong><\/a>\u00a0its Sound Equity Income ETF (DIVY) ranked in the top 4% of Morningstar\u2019s 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\u00a0Sound Income Group<\/strong><\/a>, a 2022 WSR Wealth Exemplar Award winner in the category of\u00a0Retirement Income Solutions Provider of the Year<\/strong><\/a>.<\/p>\n

The DIVY ETF, which emphasizes income generative investments, has outperformed the S&P 500 since its launch in December 2020. One of two ETFs managed by the firm, DIVY\u2019s strategy follows the income-focused investment approach the firm deploys across its range of services.<\/p>\n

Outperforming Benchmarks And Active Managers<\/strong><\/p>\n

\u201cOur achievement of outperforming 95% of all active large-cap value managers and passive indices in the past two years as measured by Morningstar has exceeded our shareholder\u2019s expectations,\u201d said David Scranton, CEO and Founder of Sound Income Strategies.<\/p>\n

According to Morningstar, DIVY\u2019s total return of 4% in 2022 compared to -18.11% for the S&P 500, while its 2021 return of 34.58% compared to 28.71% for the S&P 500, which placed it in the top 5% for the large-cap value category of 1,207 managers and indices. Its two-year cumulative return of 19.23% exceeded the S&P 500\u2019s 4% by almost five times.<\/p>\n

\u201cWe were fortunate to deliver this strong performance and positive returns during a time of market challenges,\u201d Scranton continued. \u201cWe created DIVY three years ago from a portfolio of income-producing equities to account for challenging times, and we are pleased with its results.\u201d<\/p>\n

An Actively Managed Income Focus<\/strong><\/p>\n

The ETF\u2019s success coincides with the shift among many advisors\u2019 clients from passive investing, which typically follows an index, to actively managed investing after over a year of stagnant market performance.<\/p>\n

The growth of DIVY also likely reflects surging interest among advisors and clients to seek\u00a0income rather than capital appreciation<\/strong><\/a>, fueled not only by volatile markets but also a\u00a0smoldering inflation fire<\/strong><\/a> and the potential loss of Social Security income, as its trust fund is projected to fully deplete by 2033.<\/p>\n

Scranton founded Sound Income Strategies in 2014 with a focus on fee-based advisory income solutions. Helping investors generate income during retirement, the firm offers income advisory services as a third-party asset manager serving wealth management firms in addition to ETFs.<\/p>\n

Rollout Of New AI Program For Financial Advisors<\/strong><\/p>\n

Sound Income Group, founded in 2022, holds subsidiaries Sound Income Strategies, Retirement Income Source, which provides a franchise model to advisors providing retirement planning services, and Advisors Academy, an insurance FMO.<\/p>\n

Just earlier this month, Sound Income Group\u00a0launched a new artificial intelligence training program for financial advisors through its Advisors Academy subsidiary<\/strong><\/a>.<\/p>\n

The program includes a course that teaches financial advisors how to incorporate artificial intelligence \u2013 including ChatGPT and other AI-enabled chatbots, into their practice.<\/p>\n

In addition to the course, the company is offering coaching services for financial advisors tailored to the unique needs and goals of each professional. The aim of these coaching services is to help advisors develop the necessary skills to implement AI-driven solutions and strategies that will benefit their clients and their businesses.<\/p>\n

Janeesa Hollingshead, Executive Editor at Wealth Solutions Report, can be reached at\u00a0<\/em><\/strong>editor@wealthsolutionsreport.com<\/em><\/strong><\/a>.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Fort Lauderdale, Florida-based RIA\u00a0Sound Income Strategies\u00a0announced\u00a0its Sound Equity Income ETF (DIVY) ranked in the top 4% of Morningstar\u2019s 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\u00a0Sound Income Group, a 2022 WSR Wealth Exemplar Award winner in …<\/p>\n

Income-First Strategy Leads Among Large Value Funds<\/span> Read More »<\/a><\/p>\n","protected":false},"author":2,"featured_media":16543,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[287],"tags":[],"yoast_head":"\nIncome-First Strategy Leads Among Large Value Funds - Sound Income Strategies<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/soundincomestrategies.com\/media\/income-first-strategy-leads-among-large-value-funds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Income-First Strategy Leads Among Large Value Funds - Sound Income Strategies\" \/>\n<meta property=\"og:description\" content=\"Fort Lauderdale, Florida-based RIA\u00a0Sound Income Strategies\u00a0announced\u00a0its Sound Equity Income ETF (DIVY) ranked in the top 4% of Morningstar\u2019s 1,229 U.S. large value funds, based on total returns as of year-end 2022. 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