Wealth manager, independent · Fort Lauderdale, FL
Sound Income Strategies, LLC
SEC-registered investment adviser · CRD 173272 · SEC 801-80425
At a glance
Sound Income Strategies, LLC is an SEC-registered investment adviser based in Fort Lauderdale, Florida, with $4.2B in regulatory assets under management as of its Form ADV filed January 23, 2026. It reports 24,734 individual clients, 473 of them high-net-worth, holding an average of about $0.2 million each, and 134 employees. That ranks it 268th among the nation’s 5,657 independent wealth management RIAs and 12th of 343 in Florida. It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Fidelity.
Main office 954-487-1860soundincomestrategies.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $4.2B
- Rank among independent wealth managers
- #268 of 5,657
- Rank among all SEC RIAs
- #2,360 of 17,210
- Rank in Florida
- #12 of 343
- Individual clients
- 24,734
- High-net-worth clients
- 473
- Accounts
- 24,756
- Discretionary
- 94% of AUM
- Employees
- 134
- Advisory staff
- 134
- Offices
- 100
Owners and executives on its Form ADV
- David J. ScrantonManaging Member
- Charles B. RadlauerChief Compliance Officer
- Rana ChanderChief Operating Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Sound Income Strategies, LLC is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: Sound Income Wealth, LLC.
- Sound Income Wealth, LLC ↗CRD 335726
Its Form ADV brochure (filed January 2026) names Sound Income Wealth as the broker-dealer its advisers are registered with.
COMMISSIONABLE SECURITIES SALES A select few of the Firm’s IA-Reps are registered representatives of Sound Income Wealth, LLC (“SIW”), member of FINRA/SIPC, which along with SIS are under common ownership of SIG.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Individuals | 24,261 | $3.4B | 81% |
| High-net-worth individuals | 473 | $786M | 19% |
| Corporations or other businesses | 18 | $15M | <1% |
| Pension and profit sharing plans | 4 | $4M | <1% |
| Investment companies | 1 | $0M | 0% |
Disciplinary disclosures
Sound Income Strategies, LLC answers yes to 12 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for investment companies
- Educational seminars and workshops
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗soundincomestrategies.com ↗
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Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Florida
All of Florida →| Firm | Regulatory AUM | Clients |
|---|---|---|
| GentrustMiami | $5.2B | 264 |
| Moran Wealth Management, LLCNaples | $5.1B | 1,606 |
| CWA Asset Management GroupNaples | $4.5B | 1,875 |
| Certuity, LLCNorth Palm Beach | $3.3B | 464 |
| Cumberland AdvisorsSarasota | $3.2B | 1,091 |
| Evensky & Katz/foldes Wealth ManagementCoral Gables | $3.2B | 1,165 |
Background
Questions
How much does Sound Income Strategies, LLC manage?
Sound Income Strategies, LLC reports $4.2B in regulatory assets under management across 24,756 accounts, 94% of it on a discretionary basis, on its Form ADV filed January 23, 2026.
How many clients does Sound Income Strategies, LLC have?
It reports 24,734 individual clients: 473 high-net-worth individuals and 24,261 other individuals. Individuals account for about 100% of its regulatory assets.
Where is Sound Income Strategies, LLC headquartered?
Its main office is in Fort Lauderdale, Florida. It reports 100 offices in total and 134 employees, 134 of whom perform investment advisory functions.
How does Sound Income Strategies, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Sound Income Strategies, LLC use?
It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Fidelity. On Schedule D of its Form ADV filed January 23, 2026, it reports these amounts held: Charles Schwab ($3.5B); Fidelity ($661M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Sound Income Strategies, LLC a hybrid RIA with a broker-dealer?
Sound Income Strategies, LLC is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: Sound Income Wealth, LLC. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is Sound Income Strategies, LLC a fiduciary?
As an SEC-registered investment adviser, Sound Income Strategies, LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 1 of its employees are also registered representatives of a broker-dealer, where different rules apply to brokerage recommendations.
Where these numbers come from
Every figure is Sound Income Strategies, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-01-23), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →