{"url":"https://nivawealth.com/firms/sound-legacy-wealth-advisors-306332","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/306332","regulatoryAum":102000000,"crd":"306332","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5036886","suffix":null,"lastName":"PETERSEN","firstName":"JOEL","middleName":"STUART"},{"crd":"2439172","suffix":null,"lastName":"PROBST","firstName":"TERA","middleName":"LOUISE"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"secFileNumber":"801-135509","legalName":"Sound Legacy Wealth Advisors, LLC","displayName":"Sound Legacy Wealth Advisors","slug":"sound-legacy-wealth-advisors-306332","website":"https://soundlegacy.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/sound-legacy-wealth-advisors/?viewAsMember=true","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"12 March 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":2170731.7073170734,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":102000000,"discretionary":102000000,"discretionaryAccounts":125,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":2,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":21,"regulatoryAum":12000000},{"label":"High-net-worth individuals","clients":20,"regulatoryAum":77000000},{"label":"Charitable organizations","clients":2,"fewerThan5":true,"regulatoryAum":2000000},{"label":"Corporations and other businesses","clients":1,"fewerThan5":true,"regulatoryAum":11000000}],"feePrograms":[{"role":"other","program":"Multi-Generational Legacy Planning","summary":"Multi-generational legacy planning and family office services are flat fees of $100,000 to $300,000 a year, negotiated with each client.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1041616","versionId":1041616,"submittedOn":"2026-04-16","documentName":"SOUND LEGACY WEALTH ADVISORS DISCLOSURE BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T16:29:57.812131+00:00","documents":[{"name":"SOUND LEGACY WEALTH ADVISORS DISCLOSURE BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1041616","versionId":1041616,"submittedOn":"2026-04-16"}]},"custodians":[{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":30000000}],"custodyNote":"Sound Legacy Wealth Advisors has custody of $2.5M in client assets for 6 clients.","otherCustodians":[],"leadership":[{"name":"Joel Petersen","title":"Chief Compliance Officer","crd":"5036886"},{"name":"Tera Probst","title":"Chief Investment Officer","crd":"2439172"}],"ownership":[{"label":"Joel Petersen 401(k) Trust","detail":"Owner in the 10% to 25% ownership band and a control person, since January 2020."},{"label":"Joel Petersen","detail":"Chief compliance officer in the 10% to 25% ownership band and a control person, since January 2020. Also owner/trustee of Joel Petersen 401(k) Trust and a control person, since January 2020."},{"label":"Tera Probst 401(k) Trust","detail":"Owner in the 10% to 25% ownership band and a control person, since January 2020."},{"label":"Chris Trostle 401(k) Trust","detail":"Owner in the 10% to 25% ownership band, since January 2020."},{"label":"Brendan Sullivan 401(k) Trust","detail":"Owner in the 10% to 25% ownership band, since January 2020."},{"label":"Roupp Enterprises 401(k)","detail":"Owner in the 5% to 10% ownership band, since January 2020."},{"label":"Roupp Enterprises Inc.","detail":"Owner in the 5% to 10% ownership band, since January 2020."},{"label":"Tera Probst","detail":"Indirect owner: owner/trustee of Tera Probst 401(k) Trust and a control person, since January 2020.","parent":"Tera Probst 401(k) Trust"},{"label":"Christine Trostle","detail":"Indirect owner: owner/trustee of Chris Trostle 401(k) Trust and a control person, since January 2020.","parent":"Chris Trostle 401(k) Trust"},{"label":"Brendan Sullivan","detail":"Indirect owner: owner/trustee of Brendan Sullivan 401(k) Trust and a control person, since January 2020.","parent":"Brendan Sullivan 401(k) Trust"},{"label":"Michael Roupp","detail":"Indirect owner: a trustee of Roupp Enterprises 401(k) in the 75% or more band and a control person, since January 2020. Also a shareholder of Roupp Enterprises Inc. in the 75% or more band and a control person, since January 2020.","parent":"Roupp Enterprises 401(k)"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"425-800-6862","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"26-50","assetMix":[{"label":"Exchange-traded equity securities","percent":10},{"label":"U.S. government/agency bonds","percent":8},{"label":"U.S. state and local bonds","percent":4},{"label":"Investment grade corporate bonds","percent":4},{"label":"Non-investment grade corporate bonds","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":61},{"label":"Cash and cash equivalents","percent":11}],"privateFunds":0},"sources":{"adv1FilingDate":"16 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/306332/PDF/306332.pdf","brochureDate":"16 April 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1041616","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Sound Legacy Wealth Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Sound Legacy Wealth Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Sound Legacy Wealth Advisors use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Sound Legacy Wealth Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Sound Legacy Wealth Advisors invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Sound Legacy Wealth Advisors?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Sound Legacy Wealth Advisors get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Sound Legacy Wealth Advisors?","answer":"Its phone number is 425-800-6862. Its website is soundlegacy.com.","source":"Form ADV Part 1A, Item 1.F, filed 16 April 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}