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Charles P Sours

5 Years of Experience
Broker
Areas of Practice
Investment ManagementRetirement PlanningSocially Responsible Investing
Compensation
Fee-Only (AUM)
Firm Size
89 advisors
Number of Clients
79,943 clients
Average Client Portfolio
$17K average
Assets Under Management
$1.4B

Fee Structure

Minimum Investment:$100
Financial Planning:Investment management only
AUM-Based Fees (Tiered)
Assets Under ManagementAnnual Fee
Up to $250K0.85%
$250K - $1.0M0.80%
$1M+0.75%

Personal Advice fees are tiered. Market-Focused Robo Portfolios are 0.30% annually. Guided Advice is 0.50% annually. Cash-Enhanced Robo Portfolios and Invest Simply have no advisory fee.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

Faribault, MN

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History

Regulatory History
Clean regulatory record

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.

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Other Business Activities

Charles owns Land of Enchantment Deals, an online retailer, and Sours Real Estate LLC, which houses a rental property. He also works as a Specialist for Ally Invest Advisors and Ally Bank, supporting customers and performing account maintenance; these roles take about a quarter of his time each.

Employment History
Current Registrations
Ally Invest Advisors
October 2021 - Present · 4 yrs 4 mos
Ally Invest Securities LLC
September 2021 - Present · 4 yrs 5 mos
Ally Invest Securities LLCBroker
September 2021 - Present · 4 yrs 5 mos
Previous Registrations
First Command Advisory Services
June 2020 - September 2021 · 1 yr 3 mos
First Command Brokerage Services, INC.Broker
March 2020 - September 2021 · 1 yr 6 mos
State Registrations2 states
MNNM
AdvisorBroker
Exams
No exam information available for this advisor.