Sovereign Financial Group, Inc.
- Regulatory AUM
- $1.1B
- Discretionary
- $1.1B
- Clients
- 1,312
- Avg AUM / client
- $825K
- Accounts
- 4,486
- Employees
- 31
AUM over time
Annual snapshots from Form ADV filings · as of Jun 05, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 1,006 | $295M | 27.2% |
| High net worth individuals | 282 | $769M | 71.0% |
| Pension and profit sharing plans | Fewer than 5 | $3.1M | 0.29% |
| Charitable organizations | 12 | $13.8M | 1.27% |
| Corporations and other businesses | 12 | $2.1M | 0.19% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| The Guild For Exceptional Children 403(b) Plan The Guild For Exceptional Children | 2024 |
People (24)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Charles L. Failla | Managing Member | CFP | Jul 2003 (23y) | 75% or more |
| Hutchinson, Deanna, Bowen | Chief Compliance Officer | Apr 2024 (2y) | Less than 5% | |
| John Karl Kochersperger | Registered representative | Feb 2019 (8y) | ||
| Prather Randolph Hill | Registered representative | Jul 2019 (7y) | ||
| David Joshua Feldman | Registered representative | Sep 2019 (7y) | ||
| Steven Alexander Massey | Registered representative | Jan 2020 (7y) | ||
| Rosemary Taverna | Registered representative | Apr 2020 (6y) | ||
| David Roger Primozich | Registered representative | CFP Chartered Financial Consultant | Oct 2020 (6y) | |
| Patricia Jane Ludgate | Registered representative | CFP | Oct 2020 (6y) | |
| John Christian Dady | Registered representative | Jan 2021 (6y) | ||
| David Russell Wren | Registered representative | CFP | Oct 2021 (5y) | |
| Barton Lester Young | Registered representative | Oct 2022 (4y) | ||
| Myles Warren Boege | Registered representative | CFP | Oct 2022 (4y) | |
| Brittany Jean Rogers | Registered representative | CFP | Mar 2023 (3y) | |
| Robert Clinton Chedester | Registered representative | Jun 2023 (3y) | ||
| John Raymond Buoni | Registered representative | Chartered Financial Consultant | Jul 2023 (3y) | |
| Bruce Blase Palen | Registered representative | Jan 2024 (3y) | ||
| Nicholas Donald Thiede | Registered representative | Apr 2025 (1y) | ||
| Matthew James Foederer | Registered representative | Jun 2025 (1y) | ||
| Caryn J Smith | Registered representative | CFP | Jun 2025 (1y) | |
| Daniel Carl Pascone | Registered representative | Oct 2025 (1y) | ||
| Clifford Wallach | Registered representative | Nov 2025 (1y) | ||
| Joseph W Bedford | Registered representative | Jan 2026 (1y) | ||
| Thomas Allen Griffore | Registered representative | Jan 2026 (1y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| The Guild For Exceptional Children 403(b) Plan | The Guild For Exceptional Children | 210 | $20.4M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/05/2026 | 962 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Pension consulting services
- • Selection of other advisers
Custody
Reported custodians
- Raymond James $833M (77% of AUM) Jun 2026
- Charles Schwab & Co. $162M (15% of AUM) Jun 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jun 05, 2026.
View current Form ADV (SEC/IAPD) ↗