Charles Sovik
Charles Sovik is a registered investment advisor at Leigh Baldwin & CO., LLC, based in Cazenovia, NY, with 36 years of industry experience. Charles is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Estate Planning, High Net Worth, Insurance Planning, Investment Management, and 1 more. Their firm serves 682 clients with $290M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.55% |
| $250K - $500K | 1.50% |
| $500K - $1.0M | 1.25% |
| $1M+ | 1.00% |
Traditional managed account schedule shown. Fees are subject to negotiation. Alternative programs like Dollar Investment Club charge 0.95% up to $500,000 and 0.75% above $500,000. Third-party manager fees in FMAX generally range from 0.25% to 0.50%.
Fee Estimator
Location
9 Albany Street, Cazenovia, NY, 13035
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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
Charles is a 50% owner of The Sovik Group, Inc., selling health, life, disability, and long-term care insurance, dedicating about half of his time to this activity. He also spends a few hours per week with Historic Boat Tours on Cazenovia Lake, which is not investment-related.
Employment History
Current Registrations
Leigh Baldwin & CO., LLC
Leigh Baldwin & CO., LLCBroker
Previous Registrations
Cygnet Securities, INC.Broker
MML Investors Services, INC.Broker
State Registrations5 states
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