Sound Income Strategies

Name

Sound Income Strategies

Legal name

Sound Income Strategies, LLC

Website

https://soundincomestrategies.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Income-focused Investment Management

NAICS

Portfolio Management and Investment Advice (52394), Open-End Investment Funds (525910), Open-End Investment Funds (52591)

SIC

Investment Advice (6282)

akta.pro primary industry

Managed Accounts & Model Portfolios (SMA/UMA) (FSAAAAAG)

akta.pro secondary industries

Specialized/Niche-Vertical RIAs (e.g., Medical, Tech, Executives, Athletes) (FSAAACAL), Financial Planning–Led RIAs (FSAAACAB)

Keywords

• Income investing strategies
• Separately managed accounts
• Investment advisory services
• Fixed income portfolios
• Retirement income planning

Headquarters

HQ city

Fort Lauderdale

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Fee-Based Investment Advisory Services: The firm offers fee-based financial planning and Investment Advisory Services as an SEC Registered Investment Advisory firm. Revenue is generated through advisory fees charged to clients for portfolio management and investment advice services.
2. Sub-Advisory Services for ETFs: Sound Income Strategies serves as investment sub-adviser to the Sound Enhanced Fixed Income ETF (FXED) and Sound Equity Income ETF (DIVY) under sub-advisory agreements with Tidal Investments. Receives sub-advisory fees equal to 0.2% of the ETFs' daily average net assets.
3. Sub-Advisory Services for Wealth Management Firms: Provides income advisory solutions as a third-party subadvisor to wealth management firms that want to deliver sophisticated income strategies without building capabilities internally.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels6 records

Core offering

Sound Income Strategies is an SEC-registered investment advisory firm that designs and manages income-focused investment portfolios for financial advisors, RIAs, and individual investors. Its core offerings are separately managed accounts (SMAs) across income-equity, equity-dividend, and fixed-income strategies, complemented by sub-advisory services on income-themed ETFs. The firm delivers these offerings through dedicated IAR and Client portals supported by integrations with third-party turnkey platforms and major custodians.

Product overview

Sound Income Strategies offers a comprehensive suite of income-focused investment solutions consisting of two exchange-traded funds (FXED and DIVY) and nine separately managed accounts (Core, Core Plus, Income Plus, Ultra Yield, Dividend River, Total Return, All Cap Growth, and Jumbo Growth). The firm also provides supporting services including investment portfolio construction and management, operations support, compliance solutions, and income model advisory services. All offerings share a common 'income-first, growth-second' investment philosophy, utilizing individual income-generating securities including bonds, dividend-paying stocks, preferred stocks, REITs, and BDCs to help clients achieve reliable retirement income.

Differentiator

Problem solved

Functional benefit

Products and services

• Income Equity Composite SMA A separately managed account that invests primarily in dividend-paying equities with options-overlay techniques to seek enhanced income for advisor clients seeking equity-based cash flow.
• Equity Dividend SMA A separately managed account focused on higher-dividend equity holdings to provide a steady stream of dividend income for investor portfolios.
• Fixed Income SMA A separately managed account implementing a laddered fixed-income strategy designed to deliver predictable coupon income and manage interest-rate risk for client portfolios.
• Sub-advisory services for income-themed ETFs The firm acts as sub-adviser to income-focused exchange-traded funds, providing portfolio management, security selection, and ongoing oversight on behalf of the ETF sponsor.
• IAR (Investment Adviser Representative) Portal A web portal that gives financial advisors and RIAs access to the firm's SMA models, account opening, performance reporting, and operational support for managed accounts.
• Client Portal A web portal for individual investors to access statements, performance, and account information for separately managed accounts held directly with the firm.

Quantifiable outcome

• FXED ETF ranked in top 1% of Morningstar category for peer group performance (140+ similar funds)
• +4 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

One partnership is on record.

• OrioncoreChannel Partner/ Reseller/ Distributor · 17 October 2024Sound Income Strategies made three flagship SMAs (Income Plus, Dividend River, Total Return) available through Orion's model marketplace and TAMP platforms. This partnership expands distribution to Orion's advisor client base, allowing wealth advisors to access SIS's income-focused strategies through Orion's technology platform.

Scale indicators7 records

Recent moves8 records

Broad incumbents

• BlackRock (iShares): BlackRock's iShares franchise dominates the income- and dividend-ETF category (e.g., iShares Core High Dividend, iShares Preferred & Income Securities). It is a broad incumbent competing with Sound Income ETFs on distribution, brand and fee scale.
• Invesco: Invesco operates a large lineup of income-focused ETFs (e.g., Invesco High Income, Invesco S&P 500 High Dividend Low Volatility) and SMA solutions targeting advisors — a broad incumbent overlapping with Sound Income's distribution channels and product category.
• Eaton Vance (Morgan Stanley Investment Management): Eaton Vance, now part of Morgan Stanley IM, is a long-standing specialist in income and tax-aware strategies across SMAs, mutual funds and ETFs. It competes with Sound Income in the RIA SMA channel but operates at substantially larger scale and broader product breadth.
• Nuveen (TIAA): Nuveen, the asset management arm of TIAA, is a major income-oriented manager with REITs, dividend equity and fixed-income strategies. It serves institutional and advisor clients with products that compete against Sound Income's SMA and ETF suite.
• John Hancock Investment Management: John Hancock Investment Management offers income- and dividend-focused mutual funds and SMAs distributed primarily through advisors and retirement plans — a broad incumbent adjacent to Sound Income's RIA-channel income strategies.

Direct peers

• Cohen & Steers: Cohen & Steers is a specialty asset manager focused on income-generating real assets (REITs, preferreds, infrastructure, MLPs) — overlapping directly with Sound Income's dividend- and REIT-heavy income strategies and serving institutional and advisor clients through SMAs and funds.
• First Trust: First Trust is an established ETF sponsor with multiple income- and dividend-themed ETFs (e.g., Value Line Dividend Index) plus advisor-targeted SMA/model portfolios — comparable product mix and advisor-channel distribution to Sound Income.
• Main Management: Main Management is a smaller, advisor-focused active ETF issuer with income- and dividend-oriented ETFs. It mirrors Sound Income's boutique RIA-to-ETF model and competes in the same sub-advisory and ETF channels.
• WisdomTree: WisdomTree is a publicly traded asset manager with a deep suite of dividend- and income-focused ETFs (e.g., U.S. Quality Dividend Growth, High Dividend Yield). It directly competes with Sound Income's DIVY and FXED in the income-ETF category and serves a similar advisor and self-directed investor base.

Emerging players

• Amplify ETFs: Amplify ETFs is a smaller, advisor-focused thematic ETF issuer with income- and yield-oriented products. It overlaps with Sound Income in the active-ETF income category and competes for advisor shelf space on similar platforms.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/soundincomestrategies
• LinkedInlinkedin.com/company/sound-income-strategies

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sound Income Strategies