Sound Income Strategies Expands Access to Three SMA Models
Sound Income Strategies, known for specializing in income-focused investment solutions, is thrilled to announce that three of its highly regarded Separately Managed Account (SMA) models are now accessible on the Orion platform. This step marks a significant milestone for both institutions as they align their services to create a more integrated investment experience for financial advisors and their clients.
What Orion Offers Advisors
Advisors who utilize Orion’s Communities and Orion Portfolio Solutions platforms can now seamlessly integrate the following strategies into their investment offerings:
Income Plus Strategy
This strategy is dedicated to providing consistent income through investments in preferred securities, real estate investment trusts (REITs), business development companies (BDCs), and exchange-traded funds (ETFs). The Income Plus model is designed for those looking to generate reliable income streams while diversifying their portfolios.
Dividend River Strategy
The Dividend River strategy emphasizes generating excess income from high-yield stocks, targeting long-term capital appreciation as a complementary goal. This model is ideal for advisors focusing on clients who prioritize income while still seeking growth in their investment portfolios.
Total Return Strategy
This equity strategy aims to deliver a combination of substantial dividend income and long-term asset appreciation. By focusing on both immediate returns and future value, Total Return is an attractive option for clients looking for a balanced approach to wealth generation.
Insights from Leadership
James McConaghy, Head of Distribution at Sound Income Strategies, remarked, “With our SMA strategies now available on the Orion platform, advisors have greater access to high-quality options in the fixed income and dividend equity space. This launch underscores our commitment to enhancing our support for the advisor community by aligning our offerings with the tools they utilize.”
Ron Pruitt, President of Orion Wealth Management, added, “We are excited to partner with Sound Income Strategies to provide advisors with increased flexibility and choice for income-focused portfolios. This expansion continues our goal to empower advisors to deliver compelling solutions for achieving their clients’ financial aspirations.”
Benefits of Orion's Community and Portfolio Solutions
Orion Communities brings forth an extensive investment model marketplace that allows advisors to personalize their portfolios more effectively. The platform offers diverse strategies across equities, fixed income, and alternative investments, thus revolutionizing how advisors cater to their clients' unique needs. Orion Portfolio Solutions, recognized for its turnkey asset management capabilities, is backed by an in-house due diligence team that ensures quality and reliability.
Sound Income Strategies’ Approach
Sound Income Strategies is dedicated to crafting SMA models that yield dependable income streams while also focusing on strategic growth. By leveraging historical data and evolving market insights, their strategies aim to shield clients from market fluctuations, ensuring better alignment with their financial objectives regardless of changing economic conditions.
About Sound Income Group
Sound Income Group comprises three comprehensive firms dedicated to offering a variety of services to the financial industry, including marketing, coaching, and investment services. Their well-established entities include Retirement Income Source, a network of Income Specialists; Sound Income Academy, focused on recruiting and marketing; and Sound Income Strategies, LLC, an SEC-registered investment advisory managing around $3 billion in assets.
About Orion
Orion is recognized as a premier provider of tech-driven fiduciary solutions that enhance the advisor-client relationship. Their comprehensive platform enables financial advisors to manage client interactions effectively, facilitating a streamlined process for prospecting, planning, investing, and achieving investment goals. Currently, Orion manages $4.4 trillion in assets and provides services to over 6 million accounts and numerous independent advisory firms, making it a vital resource in the financial advisory landscape.
Frequently Asked Questions
What are the main features of the SMA models from Sound Income Strategies?
The SMA models include strategies focused on income generation, high-yield stocks, and balanced approaches to asset appreciation, catering to diverse client needs.
How does the integration with Orion enhance advisory services?
By providing access to multiple investment strategies, advisors can create tailored portfolios, offering their clients greater flexibility in income-focused investments.
What kind of clients can benefit from these SMA models?
Clients seeking consistent income streams as well as those looking for growth potential in their portfolios can benefit greatly from these strategies.
What is the mission of Sound Income Strategies?
Sound Income Strategies aims to provide high-quality investment solutions that help clients achieve their financial goals while adapting to market changes.
How does Orion support financial advisors?
Orion supports advisors by providing a comprehensive platform that integrates various technological resources, enabling them to serve clients more effectively and manage investments successfully.
