TrueAdvisor
TrueAdvisor
WF
CFP
WF
CFP

William Frankenstein

Sovran Advisors, LLC
43 Years of Experience
Pasadena, CA
5 DisclosuresBroker
View SEC Summary
View SEC Summary

William Frankenstein is a CFP-designated registered investment advisor at Sovran Advisors, LLC, based in Pasadena, CA, with 43 years of industry experience. William is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Business Owners, Estate Planning, Financial Planning & Coaching, High Net Worth, and 4 more. Their firm serves 4,018 clients with $1.9B in assets under management.

Sovran Advisors, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
69 advisors
Number of Clients
4,018 clients
Average Client Portfolio
$466K average
Assets Under Management
$1.9B

Fee Structure

Minimum Investment:$25K
Planning is included in investment management (also available separately)

Sovran Advisors charges an asset-based fee for investment management services, calculated as a percentage of your portfolio. The total fee includes an advisor fee, a technology fee of 0.06% per year, and potential model fees ranging from 0.01% to 0.13% per year depending on the selected portfolio model. Advisor fees can be tiered, flat, or linear, and the total fee will not exceed 2.0% of assets under management per year. Fees are calculated monthly in arrears based on the average daily balance of your account. Minimum account sizes generally start at $25,000 for standard programs, though specific platform requirements may vary.

View Full SEC Brochure

Location

150 S Los Robles Ave, Suite 750, Pasadena, CA, 91101

Get directions

History

Regulatory History (5)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
November 2011
Closed-No Action
Customer Dispute
November 2002
Closed-No Action
Employment Separation After Allegations
March 1999
Customer Dispute
October 1997
Settled
Customer Dispute
December 1990
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

William works as an investment advisor representative at Sovran Advisors LLC, an SEC registered investment advisory firm, since February 2024. This activity takes up William's full-time work hours, including during trading hours.

Employment History
Current Registrations
Sovran Advisors, LLC
February 2024 - Present · 2 yrs 8 mos
Cetera Wealth Services, LLCBroker
February 2024 - Present · 2 yrs 8 mos
Cetera Wealth Services, LLC
February 2024 - Present · 2 yrs 8 mos
Previous Registrations
MML Investors Services, LLC
March 2017 - March 2024 · 7 yrs
MML Investors Services, LLCBroker
March 2017 - March 2024 · 7 yrs
Msi Financial Services, INC.
January 2015 - March 2017 · 2 yrs 2 mos
Msi Financial Services, INC.Broker
January 2015 - March 2017 · 2 yrs 2 mos
New England Securities Corporation
October 2002 - January 2015 · 12 yrs 3 mos
New England SecuritiesBroker
September 2002 - January 2015 · 12 yrs 4 mos
Financial West Investment Group, INC.
April 2001 - August 2002 · 1 yr 4 mos
Financial West GroupBroker
May 1999 - August 2002 · 3 yrs 3 mos
1717 Capital Management CompanyBroker
October 1995 - April 1999 · 3 yrs 6 mos
Sun Investment Services CompanyBroker
April 1992 - October 1995 · 3 yrs 6 mos
Associated Planners Securities CorporationBroker
April 1983 - April 1992 · 9 yrs
Private Ledger Financial Services, IncorporatedBroker
December 1982 - March 1983 · 3 mos
State Registrations9 states
AZCAFLIDMNMONJNVNY
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
More Advisors
More financial advisors in Pasadena, CA →All financial advisors in California →