Sound Income Group, a diversified financial services company in Florida, is making its support for income-focused advisors loud and clear with a fresh start for one of its major divisions.
The Fort Lauderdale-based company has announced the launch of Sound Income Academy, a rebranded division designed to provide customized coaching and growth strategies for independent financial advisors seeking to specialize in annuity-based income strategies for their clients.
Previously known as Advisors' Academy, the newly rebranded unit was founded by Sound Income Group CEO David Scranton in 2006. Its comprehensive training platform is designed to help advisors improve their sales processes, increase operational efficiency, and drive business growth.
According to the company, the name change is intended to better reflect the firm's dedication to income-generating financial solutions.
“Sound Income Academy was created to help successful, motivated financial advisors grow their business through customized marketing, coaching, and practice management support,” Patrick Farrell, president and chief operating officer of Sound Income Group, said in a statement.
The rebranding highlights Sound Income Group’s commitment to offering solutions centered around income-focused financial strategies. “We want a name and brand that best reflects what differentiates us from other financial advisors and that is a focus on income,” addedErika Wilson, the company's chief marketing officer.
Sound Income Group operates through three primary subsidiaries: Sound Income Academy, Retirement Income Source, and Sound Income Strategies. The latter is an SEC-registered investment advisory firm overseeing more than $3 billion in assets, while Retirement Income Source is a network of advisors specializing in income-generating investment strategies.
"Income is at the center of everything we do, and we want our subsidiaries to reflect that mission," Farrell said.
A substantial number of people in a new 2,200-person survey believe their wealth, their "wallet power" and their retirement timelines are at stake.
The S&P 500 headed toward its 45th record in the year helped in part by a surprise interest income gain at the Wall Street giant.
Meanwhile, Wells Fargo’s WIM group reported close to $2.3 trillion at the end of last month.
The Securities and Exchange Commission has focused on "black-and-white" allegations of AI washing, but that could broaden out to a gray area that may loop in more financial services companies, a lawyer says.
More than nine in 10 HNWIs prioritize charitable giving, but demographics help shape the whys and the hows.
Discover the award-winning strategies behind Destiny Wealth Partners' client-centric approach.
Morningstar’s Joe Agostinelli highlights strategies for advisors to deepen client engagement and drive success
