{
  "crd_number": 294314,
  "slug": "sovereign-financial-group-inc-stamford-ct-294314",
  "primary_business_name": "SOVEREIGN FINANCIAL GROUP, INC.",
  "legal_name": "SOVEREIGN FINANCIAL GROUP, INC.",
  "dbas": [
    "CHEDESTER FINANCIAL",
    "MASSEY FINANCIAL SERVICES",
    "STONE ARCH WEALTH ADVISORS, LLC",
    "TAILORED WEALTH",
    "VENTURE STONE WEALTH MANAGEMENT"
  ],
  "city": "Stamford",
  "state": "CT",
  "country": "United States",
  "cbsa_code": "14860",
  "metro": {
    "cbsa_code": "14860",
    "common_name": "Bridgeport",
    "msa_name": "Bridgeport-Stamford-Danbury, CT",
    "path": "/advisors/ct/bridgeport"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2019-01-31",
  "years_registered": 7,
  "period": "2026-10-01",
  "filing_date": "2026-06-05",
  "carried_forward": false,
  "raum_total": 1082552821.0,
  "raum_discretionary": 1064298928.0,
  "raum_non_discretionary": 18253893.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 31,
  "advisory_employees": 23,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 13781035.0,
      "count": 12
    },
    "individuals": {
      "raum": 294567265.0,
      "count": 1006
    },
    "pension_profit_sharing": {
      "raum": 3102848.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 769006029.0,
      "count": 282
    },
    "corporations_other_businesses": {
      "raum": 2095644.0,
      "count": 12
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "CO",
    "CT",
    "DE",
    "FL",
    "GA",
    "IL",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "NC",
    "NE",
    "NH",
    "NJ",
    "NY",
    "OH",
    "PA",
    "RI",
    "SC",
    "TN",
    "TX",
    "UT",
    "VA",
    "WA"
  ],
  "websites": [
    "https://chedesterfinancial.com",
    "https://facebook.com/MasseyFinancialServices",
    "https://facebook.com/SFgroupinc",
    "https://facebook.com/TailoredWealth1",
    "https://facebook.com/share/1ACgbq5hPt?mibextid=wwXIfr",
    "https://facebook.com/stonearchwealth",
    "https://instagram.com/danpascone",
    "https://instagram.com/sovereign_financial_group",
    "https://instagram.com/venturestonewealth",
    "https://instagram.com/venturestonewealth?igsh=MTRiMnp2Nm13eGc0Nw%3D%3D",
    "https://investmentnews.com/goria/podcasts",
    "https://linkedin.com/company/sovereign-financial-group-inc",
    "https://linkedin.com/company/venture-stone-wealth-management",
    "https://linkedin.com/company/venture-stone-wealth-management/about",
    "https://linkedin.com/in/clint-chedester",
    "https://linkedin.com/in/danpascone",
    "https://massey.financial",
    "https://sfgroupinc.com",
    "https://sovereignadvisorsolutions.com",
    "https://stonearchwealth.com",
    "https://twitter.com/SF_Group_Inc",
    "https://venturestonewealth.com",
    "https://x.com/tailoredwealth1",
    "https://yourtailoredwealth.com",
    "https://youtube.com/@DanPascone",
    "https://youtube.com/@makingsenseofyourmoneypodcast",
    "https://youtube.com/@sovereignadvisorsolutions8674",
    "https://youtube.com/@sovereignfinancialgroupinc2943"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/294314",
  "city_as_filed": "STAMFORD",
  "url": "https://advisorcensus.com/firm/sovereign-financial-group-inc-stamford-ct-294314",
  "display_name": "Sovereign Financial Group, Inc.",
  "summary": "Sovereign Financial Group, Inc. is an SEC-registered investment advisory firm in Stamford, CT, registered since 2019, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 5, 2026.",
  "citation": "AdvisorCensus. Sovereign Financial Group, Inc. (CRD 294314): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Sovereign Financial Group, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Sovereign Financial Group, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Sovereign Financial Group, Inc. charge?",
      "a": "Its Form ADV Part 2A brochure dated June 5, 2026 states: Hourly rate: $200 to $450 an hour (financial planning services); Flat fee: $1,500 to $10,000 (financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Sovereign Financial Group, Inc. located?",
      "a": "Sovereign Financial Group, Inc.'s principal office is in Stamford, CT, according to its Form ADV; the July 2026 filing also lists 9 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Sovereign Financial Group, Inc. registered with the SEC or a state?",
      "a": "Sovereign Financial Group, Inc. is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 294314."
    },
    {
      "q": "How much does Sovereign Financial Group, Inc. manage?",
      "a": "Sovereign Financial Group, Inc. reports $1,082,552,821 in regulatory assets under management in its Form ADV filing dated June 5, 2026 (98% discretionary)."
    },
    {
      "q": "How have Sovereign Financial Group, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Sovereign Financial Group, Inc.: Regulatory assets under management: $482,677,133 in the October 2021 data and $1,082,552,821 in the October 2026 data, up 124%. Total employees: 13 in October 2021 and 31 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Sovereign Financial Group, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,006); high net worth individuals (282); charitable organizations (12)."
    },
    {
      "q": "Which custodians does Sovereign Financial Group, Inc. use?",
      "a": "Sovereign Financial Group, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Raymond James & Associates, Inc. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Sovereign Financial Group, Inc. report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/294314"
    },
    {
      "q": "What changed in Sovereign Financial Group, Inc.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 17 to 23. Regulatory assets under management went from $882,702,145 to $1,082,552,821 (+23%). Changed its office addresses in Fairfield, CT. Changed its office addresses in Milford, CT. Added an office in Novi, MI."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 482677133.0,
      "total_employees": 13,
      "filing_date": "2021-08-20"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 589051903.0,
      "total_employees": 17,
      "filing_date": "2022-07-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 599464093.0,
      "total_employees": 22,
      "filing_date": "2023-07-07"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 716898042.0,
      "total_employees": 24,
      "filing_date": "2024-05-22"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 882702145.0,
      "total_employees": 26,
      "filing_date": "2025-06-18"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1082552821.0,
      "total_employees": 31,
      "filing_date": "2026-06-05"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 17 to 23.",
        "Regulatory assets under management went from $882,702,145 to $1,082,552,821 (+23%).",
        "Changed its office addresses in Fairfield, CT.",
        "Changed its office addresses in Milford, CT.",
        "Added an office in Novi, MI."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Registered or notice-filed in TN."
      ]
    },
    {
      "period": "2025-11-01",
      "period_label": "November 2025",
      "notes": [
        "Added the business name Tailored Wealth.",
        "Added an office in Fairfield, CT."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated June 5, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $200 to $450 an hour (financial planning services)",
      "Flat fee: $1,500 to $10,000 (financial planning services)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $200 to $450 an hour (financial planning services)"
        ],
        "quotes": [
          "Sovereign offers financial planning services either on an hourly basis or a fixed engagement fee. Hourly fees range from $200 to $450 per hour."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $1,500 to $10,000 (financial planning services)"
        ],
        "quotes": [
          "Sovereign offers financial planning services either on an hourly basis or a fixed engagement fee. Hourly fees range from $200 to $450 per hour. Fixed fees range from $1,500 to $10,000."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": null,
          "min": 200.0,
          "max": 450.0,
          "period": "hour",
          "service": "financial planning services"
        },
        {
          "kind": "flat",
          "amount": null,
          "min": 1500.0,
          "max": 10000.0,
          "period": "one_time",
          "service": "financial planning services"
        }
      ]
    },
    "quotes": [
      "Sovereign offers financial planning services either on an hourly basis or a fixed engagement fee. Hourly fees range from $200 to $450 per hour.",
      "Sovereign offers financial planning services either on an hourly basis or a fixed engagement fee. Hourly fees range from $200 to $450 per hour. Fixed fees range from $1,500 to $10,000."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Raymond James & Associates, Inc.",
      "name_as_filed": "RAYMOND JAMES & ASSOCIATES, INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/sovereign-financial-group-inc-stamford-ct-294314.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 1006,
      "fewer_than_5": false,
      "raum": 294567265.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 282,
      "fewer_than_5": false,
      "raum": 769006029.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 3102848.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 12,
      "fewer_than_5": false,
      "raum": 13781035.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 12,
      "fewer_than_5": false,
      "raum": 2095644.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/294314",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}