Wealth manager, independent · Stamford, CT
Sovereign Financial Group, Inc.
SEC-registered investment adviser · CRD 294314 · SEC 801-114529
At a glance
Sovereign Financial Group, Inc. is an SEC-registered investment adviser based in Stamford, Connecticut, with $1.1B in regulatory assets under management as of its Form ADV filed June 5, 2026. It reports 1,288 individual clients, 282 of them high-net-worth, holding an average of about $0.8 million each, and 31 employees. That ranks it 1015th among the nation’s 5,657 independent wealth management RIAs and 24th of 100 in Connecticut. It reports 2 custodians for its clients’ separately managed accounts: Raymond James and Charles Schwab.
Main office 888-765-8180sfgroupinc.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.1B
- Rank among independent wealth managers
- #1,015 of 5,657
- Rank among all SEC RIAs
- #5,131 of 17,210
- Rank in Connecticut
- #24 of 100
- Individual clients
- 1,288
- High-net-worth clients
- 282
- Accounts
- 4,486
- Discretionary
- 98% of AUM
- Employees
- 31
- Advisory staff
- 23
- Offices
- 25
Owners and executives on its Form ADV
- Charles FaillaManaging Member
- Nicholas D. ThiedeHead of Operations
- Christopher M. MortaraChief Compliance Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Sovereign Financial Group, Inc. is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed June 2026) names Purshe Kaplan Sterling Investments as the broker-dealer its advisers are registered with.
Compensation for Sales of Securities Broker-Dealer Affiliation Certain Advisory Persons are also Registered Representatives of Purshe Kaplan Sterling Investments (CRD#: 35747) (“PKS”).
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 282 | $769M | 71% |
| Individuals | 1,006 | $295M | 27% |
| Charitable organizations | 12 | $14M | 1% |
| Pension and profit sharing plans | – | $3M | <1% |
| Corporations or other businesses | 12 | $2M | <1% |
Disciplinary disclosures
Sovereign Financial Group, Inc. reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Pension consulting
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗sfgroupinc.com ↗Sovereign Financial Group, Inc. news and profile →
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The full record on Sovereign Financial Group, Inc.
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, 6 years of filings
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- Growth over one, three and five years
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- Filing changes this year, with alerts
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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 Connecticut
All of Connecticut →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Baxter Investment ManagementRiverside | $1.2B | 425 |
| Third View Private WealthWestport | $1.2B | 322 |
| HTG Investment Advisors IncNew Canaan | $1.1B | 377 |
| QP Global Family Offices, LLCGreenwich | $1.0B | 10 |
| Fierston Financial Group IncWest Hartford | $1.0B | 310 |
Background
Questions
How much does Sovereign Financial Group, Inc. manage?
Sovereign Financial Group, Inc. reports $1.1B in regulatory assets under management across 4,486 accounts, 98% of it on a discretionary basis, on its Form ADV filed June 5, 2026.
How many clients does Sovereign Financial Group, Inc. have?
It reports 1,288 individual clients: 282 high-net-worth individuals and 1,006 other individuals. Individuals account for about 98% of its regulatory assets.
Where is Sovereign Financial Group, Inc. headquartered?
Its main office is in Stamford, Connecticut. It reports 25 offices in total and 31 employees, 23 of whom perform investment advisory functions.
How does Sovereign Financial Group, Inc. 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 Sovereign Financial Group, Inc. use?
It reports 2 custodians for its clients’ separately managed accounts: Raymond James and Charles Schwab. On Schedule D of its Form ADV filed June 5, 2026, it reports these amounts held: Raymond James ($833M); Charles Schwab ($162M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Sovereign Financial Group, Inc. a hybrid RIA with a broker-dealer?
Sovereign Financial Group, Inc. is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is Sovereign Financial Group, Inc. a fiduciary?
As an SEC-registered investment adviser, Sovereign Financial Group, Inc. 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 Sovereign Financial Group, Inc.’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 (2026-06-05), 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 →