Sovereign Investment Advisors LLC (Phoenix)


Sovereign Investment Advisors LLC is a large advisory firm based in Phoenix. It manages $467.4 million of regulatory assets for 68 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Arizona, Oregon, Utah, and Virginia.

Sovereign Investment Advisors provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Sovereign Investment Advisors: assets under management

The assets under management (AUM) of Sovereign Investment Advisors LLC is $467.4 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 42% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $467.4 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $6.87 million each.

Investments

The firm invests in exchange traded securities the most. They account for 51% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 45% of the firm’s portfolio. Investments in government bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sovereign Investment Advisors LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients John Paul Ulrich serves?

The only and largest group of clients of John Paul Ulrich is individuals with 8 clients and $2.13 million of assets under management. Among the 10 most similar advisory firms, Sovereign Investment Advisors has the 5th lowest percentage of individuals out of all clients.

The amount of regulatory assets under management is $2.13 million for 8 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Sovereign Investment Advisors doesn't advise any private funds.

Careers at Sovereign Investment Advisors LLC

The company employs 6 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

John Paul Ulrich has been acting as President since 1 Nov 2008. Morongo Band Of Mission Indians joined the executive team most recently as the Investor Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Sovereign Finance Llc Sole member 1 Nov 2008 Other 26-3195620
Van Fredrick Hoffman Chief compliance officer 1 Nov 2008 Other 4872482
John Paul Ulrich President 1 Nov 2008 Other 1296113
Jeffrey Michael Lamb Principal 1 Mar 2009 75% - 100% 2080856
April Dawn Lamb Chief compliance officer 1 May 2009 Other 4231582

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Jeffrey Michael Lamb Managing member 1 Nov 2008 75% - 100% 2080856
John Ulrich Managing member 1 Nov 2008 25% - 50% 2080856
John Paul Ulrich Managing director 1 Mar 2009 25% - 50% 1296113
Morongo Band Of Mission Indians Investor member 1 Sep 2009 25% - 50% 95-2754308

Based in Phoenix

The principal office where Sovereign Investment Advisors LLC performs its advisory services is located at 3930 E Ray Road Suite 170, Phoenix, AZ 85044, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 480-385-2850 or by fax 480-385-2855. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at sovereignfinance.com.