Sound Legacy Wealth Advisors provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 26–50 clients last fiscal year.
Sound Legacy Wealth Advisors reports 44 clients. They include 21 individual clients, 20 high-net-worth individuals and 2 charitable organizations. Of its assets, 100.0% ($102M across 125 accounts) are managed with discretion. Of its clients, 2% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 48% | 12% |
| High-net-worth individuals | 45% | 75% |
| Charitable organizations | 5% | 2% |
| Corporations and other businesses | 2% | 11% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 21 | $12M | 11.8% | $571K |
| High-net-worth individuals | 20 | $77M | 75.5% | $3.85M |
| Charitable organizations | Fewer than 5 | $2M | 2.0% | $1M |
| Corporations and other businesses | Fewer than 5 | $11M | 10.8% | $11M |
| Total | 44 | $102M | 100% | — |
- Clients
- 21
- Regulatory AUM
- $12M
- AUM share
- 11.8%
- Avg. per client
- $571K
- Clients
- 20
- Regulatory AUM
- $77M
- AUM share
- 75.5%
- Avg. per client
- $3.85M
- Clients
- Fewer than 5
- Regulatory AUM
- $2M
- AUM share
- 2.0%
- Avg. per client
- $1M
- Clients
- Fewer than 5
- Regulatory AUM
- $11M
- AUM share
- 10.8%
- Avg. per client
- $11M
Total
- Clients
- 44
- Regulatory AUM
- $102M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 2%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 26–50
Sound Legacy Wealth Advisors is paid through a percentage of assets under management. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Multi-Generational Legacy Planning
- Multi-generational legacy planning and family office services are flat fees of $100,000 to $300,000 a year, negotiated with each client.
The leadership team of Sound Legacy Wealth Advisors includes Chief Investment Officer Tera Probst and Chief Compliance Officer Joel Petersen. It has 2 employees.
Leadership
Joel PetersenChief Compliance Officer
Tera ProbstChief Investment Officer
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 10% to 25% of Sound Legacy Wealth Advisors, LLC
Joel Petersen 401(k) Trust
Control person · since January 2020
- Owns 10% to 25% of Sound Legacy Wealth Advisors, LLC
Joel Petersen
Control person · since January 2020
- Owns 10% to 25% of Sound Legacy Wealth Advisors, LLC
Tera Probst 401(k) Trust
Control person · since January 2020
Tera Probst
Owner/trustee · Control person · since January 2020
- Owns 10% to 25% of Sound Legacy Wealth Advisors, LLC
Chris Trostle 401(k) Trust
since January 2020
Christine Trostle
Owner/trustee · Control person · since January 2020
- Owns 10% to 25% of Sound Legacy Wealth Advisors, LLC
Brendan Sullivan 401(k) Trust
since January 2020
Brendan Sullivan
Owner/trustee · Control person · since January 2020
- Owns 5% to 10% of Sound Legacy Wealth Advisors, LLC
Roupp Enterprises 401(k)
since January 2020
- Owns 75% or more of Roupp Enterprises 401(k)
Michael Roupp
Control person · since January 2020
- Owns 5% to 10% of Sound Legacy Wealth Advisors, LLC
Roupp Enterprises Inc.
since January 2020
Besides its headquarters, Sound Legacy Wealth Advisors has 1 office (1 private residence, listed without an address), with 1 listed address with no US state reported.
Contact and registration details
- Legal name
- Sound Legacy Wealth Advisors, LLC
- Headquarters
- Not reported
- Website
- soundlegacy.com
- Phone
- 425-800-6862
- @sound-legacy-wealth-advisors
- SEC file
- 801-135509
- Structure
- Delaware LLC
- Fiscal year end
- December
Sound Legacy Wealth Advisors uses Fidelity ($30M) as custodian for its separately managed accounts. Sound Legacy Wealth Advisors has custody of $2.5M in client assets for 6 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $30M100%
At year end, Sound Legacy Wealth Advisors’ separately managed accounts were mostly in funds (61%) and bonds (18%).
What the accounts hold
- Stocks10%
- Funds61%
- Bonds18%
- U.S. government and agency bonds8%
- State and local bonds4%
- Investment grade corporate bonds4%
- High-yield corporate bonds2%
- Cash11%
How many clients does Sound Legacy Wealth Advisors have?
Sound Legacy Wealth Advisors has 44 clients and manages $102 million for them, as of April 2026. They include 21 individual clients, 20 high-net-worth individuals and 2 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 16 April 2026
What services does Sound Legacy Wealth Advisors offer?
Sound Legacy Wealth Advisors provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Sound Legacy Wealth Advisors use?
Sound Legacy Wealth Advisors’ separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $30M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 16 April 2026
How many financial advisors does Sound Legacy Wealth Advisors have?
Sound Legacy Wealth Advisors has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Sound Legacy Wealth Advisors invest in?
At the end of its last fiscal year, Sound Legacy Wealth Advisors’ separately managed accounts held 61% registered funds (mutual funds, ETFs, BDCs), 11% cash and equivalents, 10% exchange-traded equities, 8% U.S. government and agency bonds, 4% state and local bonds, 4% investment grade corporate bonds and 2% high-yield corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Sound Legacy Wealth Advisors?
Sound Legacy Wealth Advisors is owned through trusts and a holding company by Michael Roupp. Its direct owners are Joel Petersen 401(k) Trust, Joel Petersen, Tera Probst 401(k) Trust, Chris Trostle 401(k) Trust, Brendan Sullivan 401(k) Trust, Roupp Enterprises 401(k) and Roupp Enterprises Inc., each holding 25% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 16 April 2026
How does Sound Legacy Wealth Advisors get paid?
Sound Legacy Wealth Advisors is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Sound Legacy Wealth Advisors?
Its phone number is 425-800-6862. Its website is soundlegacy.com.