Dixon P. Downey
SOUNDOME STRATEGIES | Financial Advisor
Westbrook, CT 06498
Some features on this profile are disabled
CRD#: 2817768
Professional summary
Dixon Place Downey, CFP®, who also goes by Dixon Place Downey III, Dixon Place Downey, is a registered financial advisor currently at SOUND INCOME STRATEGIES, LLC located in Westbrook, Connecticut.
Dixon is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1996. Dixon has worked at 16 firms and has passed the Series 66, Series 65, Series 63, SIE, Series 7 and Series 6 exams.
Biography
As a Financial Advisor, Dixon helps clarify client goals and develops financial strategies to pursue them. He spent the first ten years of his career with Merrill Lynch, where he was trained as a FINRA registered financial advisor. He eventually joined a team at Merrill Lynch that served high net-worth individuals and corporate executives. He is also a winner (2021) of the FIVE STAR Wealth Manager award.*
Most recently, he launched a SEC Registered Investment Advisory firm before transitioning to Reby Advisors to embrace the fiduciary standard and fee-based advice. Outside of the office, he and his wife, Summer enjoy volunteering for the Wilton Library and the YMCA. He is a golfer and a paddle tennis.
*Award criteria based on 10 objective criteria associated with providing quality services to clients such as credentials, experience and assets under management among other factors. Wealth managers do not pay a fee to be considered or placed on the final list of 2021 FIVE STAR Wealth Managers. Awarded 11/01/21 for the period of 2/15/21 - 11/01/21.
Question & Answer
What are your service offerings?
Comprehensive Financial Planni...
What is your minimum asset requirement?
500K
Are you a "fiduciary"?
Yes
Aliases
Dixon Place Downey Iii | Dixon Place Downey
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
1) Scranton Financial Group LLC - Client Service Advisor - Investment related. 1921 Boston Post Road Suite 8 Westbrook, CT 06498. Servicing existing clients for Investment Advisory and Fixed Insurance sales. 7/2024 - Present. This encompasses approximately 80% of business hours. 2) Scranton Financial Group LLC - Fixed Insurance Sales - Investment related. 1921 Boston Post Road Suite 8 Westbrook, CT 06498. Sales of Fixed Insurance, Life Insurance and Fixed Indexed Annuities. 7/2024 - Present. This encompasses approximately 20% of business hours. 3) Retirement Income Source LLC DBA - Investment related. 1921 Boston Post Road Suite 8 Westbrook, CT 06498. Marketing to prospective clients for Investment Advisory and Fixed Insurance sales. 7/2024 - Present. This does not encompass any business hours. 4. CHHSZ Holdings, LLC. Partner/Member. Minority Non-Voting Owner. 6201 College Blvd, Suite 150, Overland Park, KS 66211. CHHSZ Holdings, LLC is a limited liability company "LLC" formed on October 2019 under the laws of the state of Delaware. CHHSZ Holdings, LLC is the sole owner of Prime Capital Investment Advisors, LLC ("PCIA"), a federally registered investment advisor. Member provides professional investment advisory services as an IAR of PCIA. This does not encompass any business hours. 5) Virgina R Downey QTIP Trust, Harriet Gile GST Trust, Downey Descendants Trust. Investment Trustee on three family trusts. Peak Trust is administrative trustee. Investment trustee. This does not encompass any business hours. 6) Scranton Financial Group, LLC DBA Retirement Income Source SFG - Investment related. 1921 Boston Post Road Suite 8 Westbrook, CT 06498. Marketing to prospective clients for Investment Advisory and Fixed Insurance sales. 3/2025 - Present. This does not encompass any business hours.
CRS (Client Relationship Summary) - RIA
Click below to view Dixon Place Downey's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
CFP®
Start date: 2022
Experience
Current
July 11, 2024 - Present
SOUND INCOME STRATEGIES, LLC
Office #1: 1921 Boston Post Road Suite 8, Westbrook, CT 06498RIA
CRD#: 173272
Westbrook, CT
Past
October 6, 2023 - February 8, 2024
PRIME CAPITAL FINANCIAL
RIA
CRD#: 288712
WILTON, CT
Past
October 5, 2023 - February 5, 2024
PRIVATE CLIENT SERVICES, LLC
BD
CRD#: 120222
Milford, CT
Past
March 2, 2021 - October 9, 2023
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC
RIA
CRD#: 116407
Danbury, CT
Past
March 2, 2021 - October 9, 2023
WEALTH ENHANCEMENT BROKERAGE SERVICES, LLC
BD
CRD#: 130139
PLYMOUTH, MN
Past
March 1, 2021 - October 10, 2023
LPL FINANCIAL LLC
BD
CRD#: 6413
DANBURY, CT
Past
January 15, 2019 - March 2, 2021
REBY ADVISORS, LLC
RIA
CRD#: 126140
DANBURY, CT
Past
January 9, 2019 - March 3, 2021
TRIAD ADVISORS LLC
BD
CRD#: 25803
DANBURY, CT
Past
April 21, 2017 - December 6, 2018
ROUND ROCK ADVISORS LLC
RIA
CRD#: 286007
NEW CANAAN, CT
Past
September 25, 2012 - April 24, 2017
AMERIPRISE FINANCIAL SERVICES, LLC
RIA
CRD#: 6363
NEW CANAAN, CT
Past
September 25, 2012 - April 24, 2017
AMERIPRISE FINANCIAL SERVICES, LLC
BD
CRD#: 6363
NEW CANAAN, CT
Past
March 12, 2012 - August 7, 2012
EDWARD JONES
RIA
CRD#: 250
NEWTOWN, CT
Past
February 27, 2012 - August 7, 2012
EDWARD JONES
BD
CRD#: 250
NEWTOWN, CT
Past
April 8, 2010 - May 31, 2011
TD AMERITRADE, INC.
RIA
CRD#: 7870
STAMFORD, CT
Past
April 8, 2010 - May 31, 2011
TD AMERITRADE INVESTMENT MANAGEMENT, LLC
RIA
CRD#: 111514
STAMFORD, CT
Past
April 8, 2010 - May 31, 2011
TD AMERITRADE, INC.
BD
CRD#: 7870
STAMFORD, CT
Past
March 21, 2008 - March 30, 2010
A.G.P. / ALLIANCE GLOBAL PARTNERS
BD
CRD#: 8361
WESTPORT, CT
Past
March 1, 2000 - June 1, 2006
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
RIA
CRD#: 7691
STAMFORD, CT
Past
May 14, 1997 - June 1, 2006
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
BD
CRD#: 7691
STAMFORD, CT
Past
November 7, 1996 - May 16, 1997
GUARDIAN INVESTOR SERVICES LLC
BD
CRD#: 6635
NEW YORK, NY
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
SI
SOUND INCOME STRATEGIES, LLC
ABUNDANT WEALTH MANAGEMENT | WRIGHT FINANCIAL GROUP | WILLO FINANCIAL | WEALTHWORKS FINANCIAL | TPC FINANCIAL GROUP | THREE BRIDGES FINANCIAL GROUP | TEXAS RETIREMENT SOLUTIONS | TEQUESTA RETIREMENT GROUP | STRATEGIC SENIOR BENEFITS GROUP | STEARNS RETIREMENT GROUP | SPARKS FINANCIAL GROUP | SOUND INCOME STRATEGIES, LLC | SNODGRASS FINANCIAL STRATEGIES | SHALA FINANCIAL | SFG CAPITAL MANAGEMENT | SENIOR ADVISORS INC. | SCRANTON FINANCIAL GROUP OF SOUTH WINDSOR | SCRANTON FINANCIAL GROUP | ROTHERMEL FINANCIAL | RICH WEALTH MANAGEMENT | RETIREMENT SOLUTIONS LLC | RETIREMENT INCOME SOURCE SW FLORIDA | RETIREMENT INCOME SOURCE OF HUNTSVILLE | RETIREMENT INCOME SOURCE OF FORT LAUDERDALE | RETIREMENT INCOME SOURCE | RETIREMENT INCOME SOLUTIONS | RELIABLE PLANNING GROUP | RELIABILE WEALTH FINANCIAL GROUP | POOLE LOCKE ADVISORS | PLATINUM FINANCIAL LLC | PINEHURST WEALTH MANAGEMENT | PEASON FINANCIAL GROUP | NORTH SHORE ASSET MANAGEMENT | NORTH AMERICAN FINANCIAL | NEW ENGLAND FINANCIAL PARTNERS LLC | MID-AMERICAN TAX | MCLEAN TAX ADVISORY GROUP | MCKENZIE FINANCIAL GROUP | MCCARTIN FINANCIAL | MCADAMS GROUP | MASON WEALTH GROUP | LIVE LOVE FLOURISH | JOHNSON WEALTH & INCOME MANAGEMENT | INNER CIRCLE ASSET MANAGEMENT | HORIZON WEALTH PARTNERS | HAMMONTREE FINANCIAL PARTNERS | GOODMAN GREEN WEALTH MANAGEMENT | FORTRESS FINANCIAL GROUP | FOCUS FINANCIAL PLANNING | FIRM FOUNDATION TN | FINSETT SOLUTIONS | FAMILY LEGACY GROUP | EISSMAN WEALTH MANAGEMENT | DORCEY FINANCIAL LLC | CRYSTAL LAKE TAX AND FINANCIAL SERVICES | CROSSROADS FINANCIAL SOLUTIONS | COMMUNITY INVESTMENT AND RETIREMENT SERVICES | COMMONWEALTH GUARDIANS | CKS SUMMIT GROUP | CHAMBERLIN FINANCIAL | CHAMBERLAIN ADVISORY GROUP | CARTER FINANCIAL GROUP | CARRIER FINANCIAL SERVICES | BRANDON BELL FINANCIAL PARTNERS | BLISS WEALTH MANAGEMENT | ATLAS FINANCIAL ADVISORY GROUP | ARBOR FINANCIAL SERVICES | APONTE FINANCIAL SERVICES | ALL NEEDS PLANNING
CRD#: 173272 / SEC#: 801-80425
RIA
Registered Investment Advisory firm - (10/22/2014 Approved)State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.Highlighted states indicate IAR registrations
IAR
Connecticut(7/11/2024)
Exams
State Security Law Exam
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
Current Firm
SI
SOUND INCOME STRATEGIES, LLC
ABUNDANT WEALTH MANAGEMENT | WRIGHT FINANCIAL GROUP | WILLO FINANCIAL | WEALTHWORKS FINANCIAL | TPC FINANCIAL GROUP | THREE BRIDGES FINANCIAL GROUP | TEXAS RETIREMENT SOLUTIONS | TEQUESTA RETIREMENT GROUP | STRATEGIC SENIOR BENEFITS GROUP | STEARNS RETIREMENT GROUP | SPARKS FINANCIAL GROUP | SOUND INCOME STRATEGIES, LLC | SNODGRASS FINANCIAL STRATEGIES | SHALA FINANCIAL | SFG CAPITAL MANAGEMENT | SENIOR ADVISORS INC. | SCRANTON FINANCIAL GROUP OF SOUTH WINDSOR | SCRANTON FINANCIAL GROUP | ROTHERMEL FINANCIAL | RICH WEALTH MANAGEMENT | RETIREMENT SOLUTIONS LLC | RETIREMENT INCOME SOURCE SW FLORIDA | RETIREMENT INCOME SOURCE OF HUNTSVILLE | RETIREMENT INCOME SOURCE OF FORT LAUDERDALE | RETIREMENT INCOME SOURCE | RETIREMENT INCOME SOLUTIONS | RELIABLE PLANNING GROUP | RELIABILE WEALTH FINANCIAL GROUP | POOLE LOCKE ADVISORS | PLATINUM FINANCIAL LLC | PINEHURST WEALTH MANAGEMENT | PEASON FINANCIAL GROUP | NORTH SHORE ASSET MANAGEMENT | NORTH AMERICAN FINANCIAL | NEW ENGLAND FINANCIAL PARTNERS LLC | MID-AMERICAN TAX | MCLEAN TAX ADVISORY GROUP | MCKENZIE FINANCIAL GROUP | MCCARTIN FINANCIAL | MCADAMS GROUP | MASON WEALTH GROUP | LIVE LOVE FLOURISH | JOHNSON WEALTH & INCOME MANAGEMENT | INNER CIRCLE ASSET MANAGEMENT | HORIZON WEALTH PARTNERS | HAMMONTREE FINANCIAL PARTNERS | GOODMAN GREEN WEALTH MANAGEMENT | FORTRESS FINANCIAL GROUP | FOCUS FINANCIAL PLANNING | FIRM FOUNDATION TN | FINSETT SOLUTIONS | FAMILY LEGACY GROUP | EISSMAN WEALTH MANAGEMENT | DORCEY FINANCIAL LLC | CRYSTAL LAKE TAX AND FINANCIAL SERVICES | CROSSROADS FINANCIAL SOLUTIONS | COMMUNITY INVESTMENT AND RETIREMENT SERVICES | COMMONWEALTH GUARDIANS | CKS SUMMIT GROUP | CHAMBERLIN FINANCIAL | CHAMBERLAIN ADVISORY GROUP | CARTER FINANCIAL GROUP | CARRIER FINANCIAL SERVICES | BRANDON BELL FINANCIAL PARTNERS | BLISS WEALTH MANAGEMENT | ATLAS FINANCIAL ADVISORY GROUP | ARBOR FINANCIAL SERVICES | APONTE FINANCIAL SERVICES | ALL NEEDS PLANNING
CRD#: 173272 / SEC#: 801-80425
RIA
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Contact information
Main Address
500 W Cypress Creek Road Suite 290, Fort Lauderdale, FL 33309
Mailing Address
Phone number
(954) 487-1860
Established
Firm type
Fiscal year end
# of Employees
111
SEC notice filing (51 States and Territories)
Documents
Regulatory assets under management
| Total Number of Accounts | 26,055 |
| AUM (Assets Under Management) | $ 4,038,151,245 |
Red Flags
Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.
Check for any disclosures as part of your thorough research when choosing an advisor.
