Income Plus, Dividend River and Total Return strategies now available through Orion Communities and Orion Portfolio Solutions

Sound Income Strategies, a leader in income-focused investment solutions with approximately $3 billion in assets under management, is excited to announce that three of its Separately Managed Account (SMA) models are now available on Orion’s platform, a premier provider of innovative wealth-tech solutions for fiduciary advisors.

Advisors using Orion’s Communities and Orion Portfolio Solutions platforms now have access to the following strategies:

• Income Plus: An income-driven strategy investing in preferred securities, REITs, BDCs, and ETFs.
• Dividend River: An equity strategy focusing on generating excess income from high-yield stocks, with long-term capital appreciation as a secondary objective.
• Total Return: An equity strategy designed to deliver above-market dividend income, along with significant long-term asset appreciation.

“Advisors utilizing Orion’s platform now have access to three of our flagship SMA strategies, providing them with a wider range of high-quality options in the fixed income and dividend equity space to better serve their clients' investment goals,” said James McConaghy, Head of Distribution at Sound Income Strategies West. “This launch is part of our commitment to expanding our reach within the advisor community by offering our SMA models on the platforms they use and request.”

"We're excited to bring Sound Income Strategies' SMA models to the Orion platform, offering advisors even greater flexibility and choice when building income-focused portfolios for their clients," said Ron Pruitt, President of Orion Wealth Management. "By expanding the range of high-quality, income-driven strategies available on our platform, we continue to empower advisors to deliver investment solutions that help their clients meet their financial goals with confidence."

Orion Communities offers a diverse investment model marketplace, providing extensive access to strategies in equities, fixed income, and alternatives, transforming how advisors personalize portfolios for their clients. Orion Portfolio Solutions, a leading turnkey asset management program, features a robust list of investment options backed by an in-house due diligence team.

Sound Income Strategies’ SMA models are designed to provide consistent income streams, leveraging market insights and historical data to construct resilient portfolios. The strategies focus on delivering dependable income, strategic growth potential, and better protection against market volatility, helping clients achieve their financial objectives, regardless of market conditions.

ABOUT SOUND INCOME GROUP

Sound Income Group consists of three full-service firms that offer marketing, coaching, practice management, investment services, and franchise opportunities to the financial community. It operates Retirement Income Source, a national network of Income Specialists, Sound Income Academy, a recruiting and marketing firm, and Sound Income Strategies, LLC, an SEC registered RIA managing approximately $3 billion in assets. Learn more at https://assetmanagement.soundincomestrategies.com.

Investment advisory services are provided through Sound Income Strategies, LLC, an SEC Registered Investment Advisory firm. Sound Income Group, Sound Income Academy, Retirement Income Source, LLC, and Sound Income Strategies, LLC are affiliated entities.

ABOUT ORION

Orion is a premier provider of the tech-enabled fiduciary process that transforms the advisor-client relationship by enabling financial advisors to Prospect, Plan, Invest, and Achieve within a single, connected, technology-driven experience. Combined, our brand entities, Orion Advisor Tech, Orion Portfolio Solutions, Brinker Capital Investments, Redtail Technology, and Orion OCIO create a complete offering that empowers firms to attract new clients seamlessly, connect goals more meaningfully to investment strategies and outcomes, and ultimately track progress toward each investor’s unique definition of financial success. Orion services $4.4 trillion in assets under administration and $69.4 billion of wealth management platform assets (as of June 30, 2024) and supports over six million technology accounts and thousands of independent advisory firms. Today, 17 out of the Top 20 Barron’s RIA firms¹ rely on Orion’s technology to power their businesses and win for investors. Learn more at Orion.com.

¹ Source: 2024 Top 100 RIA Firms, Barron's, 2024.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241017767457/en/