InvestmentNews has recognized WealthShield Co-Founder and Sound Financial Strategies Group’s Outside Chief Investment Officer Clint Sorenson as a 2018 40 Under 40 Honoree. Sorenson was chosen from a pool of almost 1,000 nominees by a panel of reporters, editors and other representatives of InvestmentNews, to make a list of 40 talented individuals.

Information and knowledge are more accessible than at any time in human history. We have grown new technologies, new methods, and new discoveries in all fields of study.

But are we utilizing all of this “new” plus the good judgment called wisdom?

In 1974 we ended up with a famine in the country. People were dying of hunger and not having enough to eat. And that’s a terrible situation to see around you.

What makes the best firms? Is it sales, marketing, and great story telling? Or is it something deeper? At Sound, we think it’s something more. It’s being excellent in all areas, looking forward while solving for today, being client focused, solving their needs, and not “counting your commissions at the table.”

Change is coming to the financial services industry, in a way unimaginable a decade ago. The Department of Labor rattled stalwarts of the industry with their Fiduciary Rule. Now, the SEC plans to enact their own version. The reaction of many baby-boomer advisors was simple, retire and get out of the way.

Sound Financial’s story begins in December, 1992, as registered reps of an Independent Broker Dealer. This all changed in April, 2017, but our journey starts in the middle.

In the last 25 years, according to CNBC, there have been 18 instances–including the decline on 2/2/2018– where the Dow has dropped at least 500 points. 

Last year when we made our Sound 2.0 transition and formed our own hybrid RIA, we related to you, our client, several reasons for taking this path.