Sound Investment Management, LLC logo

Sound Investment Management, LLC

Updated today

Client AUM

$47,130,934

Clients

28

Advisors

1

of 1 employees

About

Sound Investment Management, LLC is a fee-only registered investment adviser serving individuals (including high‑net‑worth clients), businesses, trusts, charitable organizations, and retirement plan sponsors. The firm provides investment management, comprehensive financial planning and wealth management, charitable organization consulting (including planned‑gift support), and ongoing employee benefit plan services.

The firm's investment approach emphasizes asset allocation grounded in Modern Portfolio Theory and a predominantly passive, buy‑and‑hold strategy using low‑cost mutual funds and ETFs, while also offering direct indexing, access to alternative investments, and the use of outside managers and model portfolios. Where engaged, the adviser implements portfolios on a discretionary basis, can supervise held‑away assets, and coordinates with custodians and third‑party managers for plan and institutional accounts.

Noteworthy for a practice of this type, the firm combines portfolio management for institutional clients with pension and employee‑benefit plan consulting—services that are relatively uncommon among independent advisers—alongside charitable consulting and planned‑giving capabilities. This mix of individual wealth management, institutional plan advisory, and customizable strategies such as direct indexing and alternative exposures differentiates its service offering from many peers.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers
Charitable organization planned giving consulting services

Expertise

Wealth management Tax-loss harvesting Passive / index investing

Occupation focus

Executive Founder/Business Owner

Demographic focus

Approaching retirement

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Fee options

Fixed

Financial Planning fixed fees $3,000 to $10,000; Charitable Organization Consulting $1,000 to $15,000 per month

Percentage

$0 - $5,000,000: 0.95% $5,000,001 - $10,000,000: 0.75% $10,000,001 - $20,000,000: 0.50%

Project-based

Financial Planning at $350/hour; Charitable Organization Consulting $150 to $350/hour

Other

Account minimum: $1,000,000 Fee-only: Financial Planning fixed fees between $3,000 and $10,000; hourly rate $350/hour; Charitable Organization Consulting fixed fees $1,000 to $15,000/month or hourly $150 to $350/hour

Main office

620 Newport Center Drive, Suite 1100

Newport Beach CA 92660

Advisors at this office

1

Most active in

California · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

David C

CFP®, ChFC®

Newport Beach, CA

Sound Investment Management, LLC

David Carlson, President of Sound Investment Management, LLC, is a CERTIFIED FINANCIAL PLANNER™ professional with a deep commitment to delivering exceptional wealth management services. Known for his seasoned wisdom, strategic guidance, and genuine care for his client's well-being, David stands out among financial advisors. With over 25 years of experience, David offers a robust background in financial planning, investment management, estate planning, philanthropic planning, foundation and trust administration, corporate finance, and real estate. He holds an MBA in Finance and Investments from the University of Southern California's Marshall School of Business and is a Chartered Financial Consultant® (ChFC®) from The American College of Financial Services. Additionally, as a Certified Kingdom Advisor® (CKA®), David integrates biblically-wise financial advice into his practice, aligning his professional expertise with his clients' values. David also earned a Bachelor of Arts from the Moody Bible Institute in Chicago. David is actively involved in the financial community as a member of the XY Planning Network, the Financial Planning Association (FPA), The National Association of Personal Financial Advisors (NAPFA), and the Fee-Only Network. Beyond his professional life, David enjoys traveling, outdoor activities, and cherishing time with his wife and their three children.

General retirement planning Wealth management Executive Founder/Business Owner Christian Faith Based Baby Boomers (Born 1946-1964)
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