Stephen Petty
Stephen Petty is a registered investment advisor at Sovereign Wealth Advisors LLC, based in Houston, TX, with 23 years of industry experience. Stephen operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Education Planning, Estate Planning, Financial Planning & Coaching, and 3 more. Their firm serves 1,392 clients with $610M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Sovereign Wealth Advisors offers investment management through several programs. The fees vary depending on the program:
- Wrap Comprehensive and Comprehensive Portfolio Management: Maximum fee of 3.0% and 2.8% respectively.
- Optimum Market Portfolios Program (OMP) – LPL: 2.50%
- Personal Wealth Portfolios Program (PWP) – LPL: 2.50%
- Model Wealth Portfolios Program (MWP) – LPL: 2.50%
- Manager Access Select Program (MAS) – LPL: 3.00%
- Guided Wealth Portfolios (GWP) – LPL: 1.35%
- 55IP – Charles Schwab: 2.00%
Location
3120 Southwest Frwy, Suite 500, Houston, TX, 77098
Get directionsHistory
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
Stephen owns Aztec Investment Properties, LLC, buying and selling residential real estate, dedicating about 10-20% of his time. He also intends to write fixed life insurance, LTC, and/or DI cases through Sovereign Wealth Advisors, spending minimal time on this. Finally, Stephen provides investment advisory services through Sovereign Wealth Advisors LLC, spending minimal time on this activity.
Employment History
Current Registrations
Sovereign Wealth Advisors LLC
LPL Financial LLCBroker
Previous Registrations
Sovereign Wealth Advisors LLC
Uvest Financial Services Group, INC.Broker
Investment Professionals, INC.Broker
Edward JonesBroker
State Registrations10 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.