Sovereign Financial Group
Sovereign Financial Group is an independent, family-owned Registered Investment Advisor that provides integrated financial planning, wealth management, and retirement-plan advisory services to individuals, small business owners, and small-to-mid-sized businesses across the United States.
- Company typePrivate
- Founded1999
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Sovereign Financial Group does
Sovereign Financial Group, Inc. is an independent, family-owned Registered Investment Advisor (RIA) headquartered in Connecticut that delivers integrated financial planning and wealth management services to individuals, small business owners, and small-to-mid-sized businesses. Its core offerings consist of two product lines: (i) Financial Planning and Wealth Management for individuals, spanning retirement, estate, investment, insurance, tax, and risk-management advice, and (ii) Retirement Plans for Small-to-Mid-Sized Businesses, covering employer-sponsored vehicles such as 401(k) and SIMPLE IRA plans. The firm also operates a "Sovereign Advisor Solutions" sub-brand targeting breakaway financial advisors seeking independence, RIA registration support, and ownership/control.
The firm generates revenue through recurring investment-advisory fees under a fee-based RIA model, with no publicly disclosed pricing. Service delivery is direct-to-client via scheduled advisor consultations, supported by an educational content ecosystem (articles, videos, and interactive calculators) hosted on a standard FMG Suite website stack. There is no proprietary technology platform disclosed; the firm's competitive differentiation rests on independence from brokerage conglomerates, CFP-credentialed advisors, and multi-office presence across New York, Stamford, and Westport. The firm holds SEC RIA registration, maintains multi-state licensing, is CCPA-compliant (as of January 1, 2020), and is led by founder and CEO Charles "Chuck" Failla, CFP.
Sovereign Financial Group firmographics
Firmographics- Name
- Sovereign Financial Group
- Legal name
- Sovereign Financial Group, Inc.
- Website
- https://sfgroupinc.com
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Sovereign Financial Group is an independent, family-owned Registered Investment Advisor that provides integrated financial planning, wealth management, and retirement-plan advisory services to individuals, small business owners, and small-to-mid-sized businesses across the United States.
- Ownership category
- akta.pro rank
Sovereign Financial Group industry classification
Industry- Product category
- Wealth Management Advisory Services
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Comprehensive/Full-Service RIAs & Independent Wealth Managers (FSAAACAA)
- akta.pro secondary industries
- Financial Planning–Led RIAs (FSAAACAB), Corporate Retirement Plan Advisory RIAs (ERISA 401(k)/403(b)) (FSAAACAF), Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)
Keywords
Where Sovereign Financial Group is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Sovereign Financial Group business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Investment Advisory Services: Sovereign Financial Group renders investment advisory and related services for clients nationally as a Registered Investment Advisor (RIA). The firm provides individualized responses to persons after complying with all regulatory requirements.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Investment advisory services with individualized client engagement |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
Sovereign Financial Group product offering
Product offeringCore offering
Sovereign Financial Group is an independent, family-owned Registered Investment Advisor (RIA) that delivers integrated financial planning and wealth management advisory services to individual clients and small business owners, and provides retirement plan advisory services to small and mid-sized businesses. Services encompass wealth building, asset preservation, retirement planning, estate planning, insurance planning, tax planning, and risk management through asset allocation strategies.
Product overview
Sovereign Financial Group is an independent, family-owned Registered Investment Advisor (RIA) that provides integrated financial advisory services through a unified platform approach. The core offering consists of Financial Planning & Wealth Management services for individuals and Retirement Plan advisory services for small to mid-sized businesses. These are supported by supplementary tools including Financial Calculators (retirement, investment, estate, insurance, tax, and money management), Educational Videos, and Articles covering topics such as retirement planning, Social Security optimization, estate planning, investment strategies, insurance, and tax planning.
Differentiator
Problem solved
Functional benefit
Products and services
- Financial Planning & Wealth Management for Individuals
Companies that use Sovereign Financial Group
Customer profileSegments3 records
Ideal customer profiles3 records
Sovereign Financial Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Sovereign Financial Group partnerships and signals
Strategic signalScale indicators1 record
Recent moves6 records
Expansion highlights4 records
Sovereign Financial Group competitors and assessment
Company assessmentDirect peers
- Buckingham Strategic Wealth: Fee-only RIA emphasizing evidence-based financial planning and wealth management for individuals. Directly comparable as a planning-led, independent RIA with a fiduciary-only positioning.
- Carson Wealth: Independent, fee-based RIA offering comprehensive financial planning, investment management, and retirement-plan advisory to individuals and businesses. Highly comparable in service mix, independence narrative, and multi-office model.
- Sequoia Financial Group: Independent, fee-only wealth advisory firm offering comprehensive financial planning and investment management. Comparable in offering breadth, independence, and mid-market RIA scale.
- Creative Planning: Large independent, fee-only RIA providing comprehensive financial planning, investment management, and tax services. Comparable service set and independent fiduciary positioning, though at significantly greater scale.
- Mariner Wealth Advisors: Independent wealth advisory firm offering financial planning, investment management, retirement-plan, tax, and estate services. Comparable comprehensive offering and independent-ownership model, larger in scale.
- Sanctuary Wealth: Independent-wealth platform that partners with breakaway advisors seeking RIA independence. Closely comparable to Sovereign Advisor Solutions' breakaway-advisor focus and platform-style model.
- Wealth Enhancement Group: Independent wealth management firm offering financial planning and investment advisory, growing largely through advisor recruitment and tuck-in M&A. Comparable independent-wealth model with breakaway-advisor appeal.
Emerging players
- Commonwealth Financial Network: Independent advisor-support platform serving breakaway and independent financial advisors with practice management, compliance, and technology. Comparable to Sovereign's advisor-solutions sub-brand strategy.
- Facet Wealth: Tech-enabled financial planning firm offering flat-fee advice to mass-affluent clients. Comparable in financial-planning-led positioning but contrasts via technology-driven, lower-cost delivery model.
Broad incumbents
- Edelman Financial Engines: Large independent RIA offering financial planning, investment management, and retirement-plan services nationally. Comparable service breadth but at materially larger scale and broader geographic footprint.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Sovereign Financial Group social profiles
Digital presenceSovereign Financial Group compliance and trust
Trust signalCompliance2 records
Sovereign Financial Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sovereign Financial Group leadership team
Management profileNumber of profiles
Profiles1 record
Sovereign Financial Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sovereign Financial Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sovereign Financial Group
What does Sovereign Financial Group do?
Sovereign Financial Group is an independent, family-owned Registered Investment Advisor (RIA) that delivers integrated financial planning and wealth management advisory services to individual clients and small business owners, and provides retirement plan advisory services to small and mid-sized businesses. Services encompass wealth building, asset preservation, retirement planning, estate planning, insurance planning, tax planning, and risk management through asset allocation strategies.
Is Sovereign Financial Group a public or private company?
Sovereign Financial Group is a private company. It is classified as family owned and is currently operating.
When was Sovereign Financial Group founded?
Sovereign Financial Group was founded in 1999. It employs 11 to 50 people.
Where is Sovereign Financial Group based?
Sovereign Financial Group is headquartered in New York, United States, in the North America region.
How does Sovereign Financial Group make money?
One revenue line is on record: investment Advisory Services.
Who are Sovereign Financial Group's main competitors?
Direct peers on record are Buckingham Strategic Wealth, Carson Wealth, Sequoia Financial Group, Creative Planning, Mariner Wealth Advisors, Sanctuary Wealth and Wealth Enhancement Group. Emerging players are Commonwealth Financial Network and Facet Wealth. Edelman Financial Engines is listed as a broad incumbent.
Does Sovereign Financial Group have an API?
No public API is recorded for Sovereign Financial Group.
What industry is Sovereign Financial Group in?
Sovereign Financial Group's product category is Wealth Management Advisory Services. Its primary akta.pro industry code is FSAAACAA, Comprehensive/Full-Service RIAs & Independent Wealth Managers, with a secondary code of FSAAACAB, Financial Planning–Led RIAs. Its NAICS code is 523940 and its SIC code is 6282.