Portfolio

Sowell Management Expands Planning Resources For Advisors

In-house financial planners empower advisors to better serve clients

NORTH LITTLE ROCK, Ark.–(BUSINESS WIRE)–Sowell Management, a privately held Registered Investment Advisor that provides supported independence to over 50 advisor-led offices nationwide, announced the further expansion of the financial planning services they offer to their advisor community.

Founded in 2001 by financial advisor turned CEO Bill Sowell, Sowell Management provides advisors with innovative solutions to help efficiently manage and scale their businesses, and has recently added new resources to expand the financial planning offering. “Working with Sowell Management is like having an in-house financial and estate planning team – only better, because advisors can use them on demand,” said founder Bill Sowell.

Sowell Management’s resource expansion includes the addition of Estate Attorney Ledly Jennings, Esq. to their North Little Rock headquarters. Jennings is part of a strategic team that assists in all aspects of financial and estate planning used to preserve family legacies. “The role of an estate planner is such a critical part of financial advising, and having someone of Ledly’s caliber is a real benefit to our advisors,” said Carl Irico, Certified Financial Planner® and Director of Financial Planning at Sowell Management.

Meeting Advisor’s Growth Needs

“Independent financial advisors have a deep knowledge of their client’s risk tolerance and goals, but they aren’t always a CFP®. Building a comprehensive financial plan is a niche expertise. By using Sowell as a partner for planning, advisors can offer their clients more specialized planning services without adding staff or worrying about competition for their clients,” said Irico.

Another benefit is that a financial plan allows advisors to bring potential blind spots – things that a client might not think about otherwise – to the forefront.

Working with Sowell Management is like having an in-house financial and estate planning team - only better, because advisors can use them on demand...

“Meeting advisor’s growth needs is paramount to what we do daily,” said Sowell. “We recognized the power of planning, so we made direct access to CFPs® and an estate attorney possible for our advisors. Knowing that Sowell Management provides that service to our advisors is personally rewarding to me.”

Sowell personally embraces an approach he calls bucket-list living – encouraging clients to live for today while saving for tomorrow. This approach is only possible when accompanied by a financial plan. “From day one, I have assisted my clients in realizing their dreams, all while providing the reassurance of a secure retirement. You just can’t do that without a solid financial plan,” said Sowell.

Sowell said he expects the company’s financial planning division to continue to grow. “The team we have in place is made up of experts who advisors can trust and step in to become part of their team. It’s an exciting time to be in the RIA business,” he said.

 

 

 

Sowell Management is a privately held Registered Investment Advisor (RIA) and a trusted partner to financial advisors. Sowell offers a diversity of services and has a nationwide advisor and client base, with over $4 billion in AUM/AUA* as of December 2022. Sowell Management – there for the advisors; there for the journey. Sowell has been recognized as a Top RIA in the US** several times.
*Regulatory assets under management (AUM) are assets where Sowell provides continuous and regular supervisory or management services to client portfolios. Assets under administration (AUA) is a measure of the total assets for which Sowell provides administrative services.
**Third-party rankings and recognition from rating services or publications are no guarantee of future investment success. Working with a highly rated advisor does not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor or by any client, nor are they representative of any one client’s evaluation. Generally, rankings and recognition are based on information prepared and submitted by the advisor. No fee was paid for consideration of this award, and consideration for Barron’s top 100 RIAs was published in Sept 2020. No fee was paid for consideration of this award, and consideration for the Forbes 2022 Top 100 RIAs was conducted by interview on June 29, 2022. The report was published in October 2022.