David Scranton
David Scranton is a CFP, ChFC-designated registered investment advisor at Sound Income Strategies, LLC, based in Westbrook, CT, with 37 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
1921 Boston Post Rd, Suite 8, Westbrook, CT, 06498
Get directionsHistory
Regulatory History (2)
Regulatory
December 2003Employment Separation After Allegations
September 2002Other Business ActivitiesSells Insurance
David is involved in numerous business activities, including coaching financial advisors on insurance sales, offering insurance products and tax preparation services through Scranton Financial Group LLC, and operating Sound Income Strategies LLC as an investment advisory business. Several of David's businesses involve coaching or marketing related to insurance products, and Scranton Financial Group LLC directly offers insurance products.
Employment History
Current Registrations
Sound Income Strategies, LLC
Previous Registrations
Investment Advisors CORP
Broker Dealer Financial Services CORP.Broker
Lincoln Financial Advisors Corporation
Lincoln Financial Advisors CorporationBroker
The Lincoln National Life Insurance CompanyBroker
Park Avenue Securities LLCBroker
Guardian Investor Services CorporationBroker
Sentra Securities CorporationBroker
Nylife Securities INC.Broker
State Registrations2 states
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.