Daniel Dodgen
Daniel Dodgen is a CFP, ChFC-designated registered investment advisor at Sovran Advisors, LLC, based in Costa Mesa, CA, with 35 years of industry experience. Daniel operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Investment Management, and 2 more. Their firm serves 3,471 clients with $1.3B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Sovran Advisors offers investment management services where fees are calculated as a percentage of your portfolio, billed monthly in arrears. The total fee will not exceed 2% annually and is comprised of several components:
- Advisor Fee: This is the fee charged by your advisor, and can be tiered, flat, or linear.
- Technology Fee: An annual fee of 0.06% of your portfolio applies to accounts on the APM or UMA platforms.
- Sovran Managed Portfolio Model Fee: (APM Accounts only) If your advisor uses Sovran's portfolio models, you'll incur an additional fee ranging from 0.01% to 0.13% of your portfolio.
- Administration Fee: (UMA Accounts only) Cetera Investment Services LLC charges an administration fee of 0.02% or 0.05% of your portfolio for administrative services.
- Strategist Fee: (UMA Accounts only) If your advisor uses third-party strategist models, you'll incur a fee that varies by strategist.
Fees are negotiable under certain circumstances. Minimum account size is $25,000, but this may be waived.
Location
3200 Park Center Dr, Suite 1240, Costa Mesa, CA, 92626
Get directionsHistory
Regulatory History (1)
Customer Dispute
July 2005Other Business ActivitiesSells Insurance
Daniel is an insurance agent selling fixed insurance products since 1990, dedicating a few hours per week. He is also an investment advisor representative at Sovran Advisors LLC, a financial advisor at DirectPath Planning Investments Insurance Solutions, and treasurer for Owen Care USA and Owen Care Inc, spending about a quarter of his time on these activities.
Employment History
Current Registrations
Sovran Advisors, LLC
Cetera Wealth Services, LLCBroker
Cetera Investment Advisers LLC
Cetera Wealth Services, LLC
Previous Registrations
MML Investors Services, LLC
MML Investors Services, LLCBroker
New England SecuritiesBroker
Msi Financial Services, INC.
Msi Financial Services, INC.Broker
Metropolitan Life Insurance CompanyBroker
AXA Advisors, LLC
AXA Advisors, LLCBroker
The Equitable Life Assurance Society of the United StatesBroker
State Registrations11 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.