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DP
CFP · ChFC
DP
CFP · ChFC

David Primozich

Sovereign Financial Group, INC.
29 Years of Experience
Wethersfield, CT
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

David Primozich is a CFP, ChFC-designated registered investment advisor at Sovereign Financial Group, INC., based in Wethersfield, CT, with 29 years of industry experience. David is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Business Owners, Charitable Giving, Corporate Executives, and 9 more. Their firm serves 1,312 clients with $1.1B in assets under management.

Sovereign Financial Group, INC.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
23 advisors
Number of Clients
1,312 clients
Average Client Portfolio
$825K average
Assets Under Management
$1.1B

Fee Structure

Minimum Investment:None
Planning is included in investment management (also available separately)
Minimum Annual Fee:$4,500
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any3.00%

Investment advisory fees range up to 3.00% annually based on the scope and complexity of services, asset level, and overall relationship. Sovereign imposes a minimum fee of $1,125 per quarter ($4,500 annually), which may be waived at Sovereign's discretion.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

78 Beaver Road, Suite 2C, Wethersfield, CT, 06109

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Regulatory
May 2019
Final
View Full SEC ReportHow to Read Disclosures
Other 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.
October 2020 - Present · 6 yrs
Purshe Kaplan Sterling InvestmentsBroker
September 2016 - Present · 10 yrs 1 mo
Previous Registrations
Stone Arch Wealth Advisors, LLC
January 2017 - March 2021 · 4 yrs 2 mos
Stone Arch Wealth Advisors, LLC
August 2016 - December 2016 · 4 mos
Commonwealth Financial NetworkBroker
November 2005 - August 2016 · 10 yrs 9 mos
Commonwealth Financial Network
November 2005 - August 2016 · 10 yrs 9 mos
Advest, INC.
March 2003 - December 2005 · 2 yrs 9 mos
Advest, INC.Broker
March 2003 - December 2005 · 2 yrs 9 mos
Veravest Investment Advisors, INC.
May 1999 - April 2003 · 3 yrs 11 mos
Veravest Investments, INC.Broker
October 1997 - April 2003 · 5 yrs 6 mos
State Registrations16 states
AZCACTDEFLGAMAMENCNHNVNYPARITXVA
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.
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