Sound Income Strategies Sees Record Growth as Advisors, Clients Seek Income-Generating Investment Strategies | PR Newswire [Video]

Total Assets Under Management (AUM) Rockets by 32% to $3.5 Billion

, /PRNewswire/ — Sound Income Strategies, an SEC-registered RIA, reports record growth in 2024, attracting advisors and clients alike with its exceptional strength and innovative income-generating investment strategies.

The firm’s assets under management shot up 32% from the previous year to more than $3.5 billion. Strong recruiting efforts helped Sound Income Strategies achieve 7% advisor growth in 2024, allowing the firm to represent more than 100 advisors nationwide. The firm also increased home office staff by 25% to support its growing advisor team. The number of accounts grew by 22% to more than 23,000.

“More than 20 years ago, I saw the overlooked risks in the traditional 60/40 growth-oriented portfolio and took a bold step in a new direction,” said David J. Scranton, founder and CEO of Sound Income Strategies. “I developed a philosophy centered on generating a reliable source of income in retirement while safeguarding principal, even amidst the …