SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Sovran Advisors, LLC
San Diego, CA
CRD 329415
Firm filing updated September 14, 2026 ·
- $1.9BAssets
- 4,018Clients
- 60Advisory staff
- 6,135Accounts
Fees and minimums
- Hourly feesAsk the firm for the rate
All fee types on the form
- Percentage of assets under managementYes
- Hourly chargesYes
- Fixed feesYes
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- Individuals3,563
- High net worth individuals355
- Pension and profit sharing plans59
- Corporations or other businesses26
- Charities15
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 3,563 | $890.7 million |
| High net worth individuals | 355 | $834.0 million |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 59 | $105.4 million |
| Charitable organizations | 15 | $13.1 million |
| Corporations or other businesses not listed above | 26 | $31.2 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
See all 4 services
- Selection of other advisors (including private fund managers)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisors (including private fund managers)
Assets and accounts
- Regulatory assets$1.9 billion
- Accounts6,135
- Discretionary$1.9 billion · 6,132 accounts
- Non-discretionary$2.4 million · 3 accounts
People
- Employees64
- Advisory staff60
- Broker-dealer reps54
- Licensed insurance agents54
- Planning clients251 to 500
Advisors
43 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 329415, SEC file 801-129342.
- Registered with the SEC as an investment advisor (status date on record: January 12, 2024).
Is Sovran Advisors, LLC a fiduciary?
Short answer: Sovran Advisors, LLC is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
Some of the firm's people may also act for a broker-dealer: 54 staff are broker-dealer representatives. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.
54 staff are licensed insurance agents and the firm has a related insurance company or agency.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.