# Sovereign Advisor Solutions at a glance

URL: https://www.financialadvsr.com/firms/sovereign
Researched: 2026-10-10
Publisher: Financial ADVSR (https://www.financialadvsr.com)

Sovereign Advisor Solutions is a platform for breakaway and independent advisors run as a division of Sovereign Financial Group, Inc., an SEC-registered investment adviser in Stamford, Conn., founded by Charles "Chuck" Failla, CFP. Sovereign says on its website that advisors can affiliate under its corporate RIA either under the Sovereign name or under their own brand. Trade-press coverage of the platform itself is thin; most details here are the firm's own description.

## Facts

- Parent firm: Division of Sovereign Financial Group, Inc. (SEC-registered adviser, CRD #294314) [1]
- Headquarters: Stamford, Conn. (Sovereign also lists offices in New York City, Westport, Conn., and Yardley, Pa.) [2]
- Ownership: Controlled by founder Charles Failla, listed with an ownership stake of more than 75% in Form ADV data [9]
- Outside capital: None reported; Failla said in December 2025 he turned down private equity interest and gave equity to a next-generation leadership team instead [3]
- Founded: Sovereign Financial Group dates to 2003; SEC registration in January 2019 [4]

## Size

- Regulatory AUM (Form ADV, Sovereign Financial Group): about $1.1 billion (as of 2026) [5]

## How advisors affiliate

- Platform affiliate under the Sovereign brand ("Step Into Sovereign"): Sovereign says on its website that advisors can join its corporate RIA and operate under the Sovereign name, with registration, compliance and technology already in place. [6]
- Platform affiliate under the advisor's own brand (DBA): Sovereign says advisors can instead affiliate under its Form ADV while marketing their own firm name, using the same platform and compliance infrastructure. [6]
- Solo and small-team option (goRIA): Sovereign describes goRIA as a partnership level aimed at solo advisors and small teams. [7]

## How advisors are paid

- Sovereign says on its website that every advisor on its platform receives a 100% payout on advisory fees and pays a platform fee instead; this is the firm's own marketing claim, not an independently verified figure. [8]
- Per Sovereign's published fee schedule (undated), that platform fee is $750 a month for E&O, registrations and base technology, plus 20 basis points on the first $20 million of AUM, 10 basis points on the next $80 million and 5 basis points above $100 million. [8]
- Sovereign says planning and held-away advisory fees are paid out at 90% less a $35 review fee per payment, and its site lists a $250 monthly fee for advisors using their own DBA. [6]

Sources:
1. Sovereign Advisor Solutions: About Us (https://www.sovereignadvisorsolutions.com/team)
2. Sovereign Advisor Solutions: Contact Us (https://www.sovereignadvisorsolutions.com/contact-us/)
3. InvestmentNews: Financial advisors reflect on their best moments of 2025, 2025-12-19 (https://www.investmentnews.com/practice-management/best-thing-in-2025/263618)
4. FINTRX: Sovereign Financial Group, Inc.: RIA in Stamford, CT (https://fintrx.com/firms/firm/sovereign-financial-group-inc-294314)
5. AdvisorSearch.org: Sovereign Financial Group Review 2026, 2026 (https://advisorsearch.org/rias/sovereign-financial-group-294314)
6. Sovereign Advisor Solutions: Choose Your Path (https://www.sovereignadvisorsolutions.com/choose-your-path/)
7. Sovereign Advisor Solutions: Sovereign Advisor Solutions (https://www.sovereignadvisorsolutions.com/)
8. Sovereign Advisor Solutions: Platform Fees (https://www.sovereignadvisorsolutions.com/platform-fees)
9. Private Fund Data: Charles Failla (https://privatefunddata.com/fund-employees/charles-failla-2628097/)