Pricing you can trust.
If you’ve spent time in the wealth management industry, you already know pricing clarity is rare. At Sovereign, we think that should change.
Our pricing is published because we believe you should be able to run the math before you ever pick up the phone. We think of our platform structure as a cooperative: shared scale, cost passed directly to every affiliated advisor, with nothing marked up.
100% Payout. No Exceptions.
Every advisor on our platform starts at 100%. No ticket charges. No payout cuts from a broker-dealer, custodian, or RIA. If you manage a $1,000,000 account at 1.5%, you receive $15,000.
Platform fees.
Straightforward and built to scale with your business.
- $750 / month covers E&O, registrations, and the full base tech stack¹
- 20 bps on the first $20,000,000 in AUM
- 10 bps on the next $80,000,000 in AUM
- 5 bps on AUM over $100,000,000
¹ Base tech includes: Orion, Salesforce, Office 365, RingCentral, AdvicePay, Global Relay. eMoney is available as an add-on at $180/month, well below the standard retail price. A de minimis per-account charge may apply to low-balance or non-productive accounts, determined case by case.
That’s it. Period. Full stop.
What’s Your True Net Payout?
Most advisors quote a single payout number — 85%, 90%, “100%” — without ever tracing what survives platform fees, tech charges, and program costs before it actually lands in the bank. Sovereign founder Chuck Failla calls this your True Net Payout (TNP), and it’s the only number that tells the real story.
It’s also the number we build our pricing around: no ticket charges, no marked-up ancillary fees, nothing quietly deducted between the headline and your bank statement.
Read Chuck’s full breakdown of True Net Payout on InvestmentNews →
Billing for Planning Fees and Outside Assets
We support billing for financial planning engagements, held-away assets, and other consultative work: flat fee, subscription, or hourly. The payout on these is 90%, less a $35 review fee per payment received.
What’s included in the platform fee.
One simple fee structure. Everything you need to run your business.
Compliance and Operations
- Back-office infrastructure
- Fee billing
- Compliance oversight
- E&O insurance
- Communications archiving and recordkeeping via Global Relay
Trading and Custodial Access
- Immediate access to Charles Schwab and Raymond James
- Interactive Brokers available as well
- Full access to Align, Sovereign’s in-house TAMP, for trading and rebalancing
Technology
- CRM: Salesforce
- Portfolio management and accounting: Orion
- Fully customizable performance reports
- Email and phone: Office 365 and RingCentral (including long distance)
- Deeply discounted access to eMoney
In-House TAMP
Asset management that works the way you do.
Sovereign’s in-house TAMP, Align, gives you full access to open-architecture portfolio management at a cost that makes sense. Choose from the Orion Model Marketplace, build your own, or use one of Sovereign’s in-house models.
TAMP Costs:
- $45 / month per Portfolio Group — put an entire household of accounts into one group and that flat $45 covers all of them
- 5 bps for non-tax-sensitive accounts
- 10 bps for tax-sensitive accounts (includes tax-sensitive trading and tax-loss harvesting)
Align’s tax-sensitive trading uses a Portfolio Group approach to prioritize which accounts to harvest and rebalance first. Read the etf.com breakdown of the strategy →