David Wren
David Wren is a CFP-designated registered investment advisor at Sovereign Financial Group, INC., based in Stamford, CT, with 40 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 1,246 clients with $880M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Sovereign Financial Group's investment management fee is based on the value of your portfolio and can range up to 3.00% annually. The exact fee depends on the complexity of your situation, the amount you invest, and your overall relationship with Sovereign. Fees are billed quarterly. Clients may also incur additional fees related to the Sovereign Align Program. Sovereign may be compensated for offering the StoneCastle cash management solution. Clients that have 1 million or more in assets under management with Sovereign will not be charged a fee for this service. For clients with less than 1 million in assets under management the fee for this service is 0.20%. Sovereign receives an admin/service annual fee of 0.20% of the value of the Client’s Flourish Cash account if a Client participates in the cash management program from Flourish.
Location
35 West Broad Street, Suite 100, Stamford, CT, 06902
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
David owns rental real estate through Arden Holdings, LLC since 2010, dedicating minimal time. He is also an insurance agent for New York Long Term Care Brokers since 2006, spending minimal time, and owns High Rock Holdings, LLC as a support company since 2013, spending a few hours per week.
Employment History
Current Registrations
Sovereign Financial Group, INC.
Previous Registrations
Raymond James Financial Services Advisors, INC
Raymond James Financial Services, INC.Broker
Robert Thomas Securities, INCBroker
First American Municipals, INC.Broker
First Albany CorporationBroker
Matthews & Wright, INC.Broker
State Registrations1 state
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.