David Primozich
David Primozich is a CFP, ChFC-designated registered investment advisor at Sovereign Financial Group, INC., based in Wethersfield, CT, with 28 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
78 Beaver Road, Suite 2C, Wethersfield, CT, 06109
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Regulatory History (1)
Regulatory
May 2019Other Business ActivitiesSells Insurance
David is a registered investment advisor and principal at Stone Arch Wealth Advisors, LLC, dedicating full-time hours to managing the firm. He also works as a registered representative for Purshe Kaplan Sterling Investments, spending about 10% of his time buying and selling securities, and provides investment management and financial planning as an IAR for Sovereign Financial Group, Inc., spending about half his time.
Employment History
Current Registrations
Sovereign Financial Group, INC.
Purshe Kaplan Sterling InvestmentsBroker
Previous Registrations
Stone Arch Wealth Advisors, LLC
Stone Arch Wealth Advisors, LLC
Commonwealth Financial NetworkBroker
Commonwealth Financial Network
Advest, INC.
Advest, INC.Broker
Veravest Investment Advisors, INC.
Veravest Investments, INC.Broker
State Registrations16 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.