David Wright
David Wright is a ChFC-designated registered investment advisor at Sound Income Strategies, LLC, based in Fort Lauderdale, FL, with 39 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Investment Management, Retirement Planning. Their firm serves 24,757 clients with $4.2B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Sound Income Strategies (SIS) manages investment portfolios for a fee based on the value of your portfolio. The annual fee can be up to 1.75% of the value of your portfolio. For a limited group of clients with special needs, the fee can be up to 2.0%. The fee is usually billed monthly, but can be negotiated to be billed quarterly. If SIS uses a third-party investment manager for part of your portfolio, you won't pay any extra fees.
Location
500 W Cypress Creek Road, Suite 290, Fort Lauderdale, FL, 33309
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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 Wright Financial Group, LLC, where he sells and services fixed and indexed annuities, life insurance, and long-term care insurance, taking about half of his time. He also owns rental real estate and is a franchise owner for The Retirement Income Source, marketing investment advisory and fixed insurance services, though these activities do not require business hours.
Employment History
Current Registrations
Sound Income Strategies, LLC
Previous Registrations
Cetera Advisors LLC
Cetera Advisors LLCBroker
MML Investors Services, INC.Broker
Pruco Securities CorporationBroker
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.