Julie Foong
Julie Foong is a registered investment advisor at Sovran Advisors, LLC, based in Pasadena, CA, with 16 years of industry experience. Julie operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Investment Management, and 2 more. Their firm serves 3,471 clients with $1.3B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Sovran Advisors offers investment management services where fees are calculated as a percentage of your portfolio, billed monthly in arrears. The total fee will not exceed 2% annually and is comprised of several components:
- Advisor Fee: This is the fee charged by your advisor, and can be tiered, flat, or linear.
- Technology Fee: An annual fee of 0.06% of your portfolio applies to accounts on the APM or UMA platforms.
- Sovran Managed Portfolio Model Fee: (APM Accounts only) If your advisor uses Sovran's portfolio models, you'll incur an additional fee ranging from 0.01% to 0.13% of your portfolio.
- Administration Fee: (UMA Accounts only) Cetera Investment Services LLC charges an administration fee of 0.02% or 0.05% of your portfolio for administrative services.
- Strategist Fee: (UMA Accounts only) If your advisor uses third-party strategist models, you'll incur a fee that varies by strategist.
Fees are negotiable under certain circumstances. Minimum account size is $25,000, but this may be waived.
Location
150 S Los Robles Ave, Suite 750, Pasadena, CA, 91101
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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
Julie is an investment advisor representative at Sovran Advisors LLC and an owner/financial professional at The Financial Collective, both involving financial planning and asset management, each taking about a quarter of her time. She also works as an insurance agent selling life, disability, annuities, and long-term care insurance, dedicating a few hours per week.
Employment History
Current Registrations
Sovran Advisors, LLC
Cetera Wealth Services, LLCBroker
Previous Registrations
LPL Financial LLCBroker
LPL Financial LLC
Trilogy Capital, INC.
National Planning Corporation ("npc of America" in Fl & Ny)
National Planning CorporationBroker
State Registrations1 state
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.