Sovereign Holdings LLC (Charlotte)

Sovereign Holdings LLC is a large advisory firm based in Charlotte. It manages $687.92 million of regulatory assets for 543 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 37 other states.

Sovereign Holdings provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Sovereign Holdings: assets under management

The assets under management (AUM) of Sovereign Holdings LLC is $687.92 million. The firm's AUM has gone down by -40% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $651.64 million in discretionary accounts and $36.28 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.24 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.27 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Sovereign Holdings LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Sovereign Holdings LLC

Jeffrey Randall Hines has been acting as President since 1 Jan 1997. Gregory Hamilton Cobb has served as the Chief Investment Officer since 1 Sep 2008. Robert Patrick Brooks joined the executive team most recently as the Chairman.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jeffrey R. Hines	President	1 Jan 1997	50% - 75%	xxx-xx-xxxx
Andrea Lin Hines	Administrative partner	1 Jan 1997	Other	xxx-xx-xxxx
The Springs Company	Partner	1 Jan 1997	Other	57-0145000
Kanawha Insurance Company	Partner	1 Jan 1997	Other	57-0380426
Jeffrey Randall Hines	President	1 Jan 1997	50% - 75%	861837
Kic Company	Partner	1 Jan 1997	Other	57-0380426
John Joseph Sauickie	Elected manager	1 Oct 2007	Other	1461364
Nigel David Wightman	Titanium asset management corp.	1 Oct 2007	Other	5439177
Titanium Asset Management Corp	Shareholder	1 Oct 2007	75% - 100%	208444031
Titanium Asset Management Corp.	Shareholder	1 Oct 2007	75% - 100%	208444031
Gregory Hamilton Cobb	Chief investment officer	1 Sep 2008	Other	2665526
John Wilson Fisher	Chairman	1 Sep 2008	Other	855128
Judy Ann Bennett	Chief compliance officer	1 Oct 2008	Other	1142302
John Lee Walsh	Chief compliance officer	1 May 2009	Other	3138029
Robert Patrick Brooks	Chairman	1 Apr 2010	Other	4373806
Brian Lee Gevry	Director	1 Apr 2010	Other	2456218

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Gregory Hamilton Cobb	Vp/managing director fixed income	1 Apr 2001	Other	xxx-xx-xxxx
Clal Finance Ltd.	Shareholder	1 May 2007	25% - 50%	foreign
Clal Insurance Enterprises Holdings Ltd	Shareholder	1 May 2007	75% - 100%	foreign
Idb Development Corporation Ltd	Shareholder	1 May 2007	50% - 75%	foreign
Idb Holdings Holding Corporation Ltd	Shareholder	1 May 2007	50% - 75%	foreign
Ganden Holdings Ltd	Shareholder	1 May 2007	25% - 50%	foreign
Nochi Dankner	Shareholder	1 May 2007	50% - 75%	5440186
Idb Holding Corporation Ltd	Shareholder	1 May 2007	50% - 75%	foreign

Based in Charlotte

The principal office where Sovereign Holdings LLC performs its advisory services is located at 3440 Toringdon Way, Charlotte, NC 28277 3279, which is also the mailing address of the firm. An additional office of the firm is in Sarasota, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 704-366-1091 or by fax 704-366-9679. The normal business hours are 8:30 - 5:00 on Monday - Friday.