KC
Katy Chai
SOVRAN ADVISORS
Costa Mesa, CA 92626
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CRD#: 6958492
KC
Professional summary
Katy Chai is a registered financial advisor currently at SOVRAN ADVISORS, LLC located in Costa Mesa, California and CETERA INVESTMENT ADVISERS LLC located in Costa Mesa, California.
Katy is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2018. Katy has worked at 4 firms and has passed the Series 66, SIE and Series 7 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
None
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. NAME OF OTHER BUSINESS: SOVRAN ADVISORS LLC - CRD 329415 INVESTMENT RELATED: YES; ADDRESS: SAME AS REGISTERED LOCATION; NATURE OF BUSINESS: SEC REGISTERED INVESTMENT ADVISORY FIRM; POSITION/TITLE/RELATIONSHIP: INVESTMENT ADVISOR REPRESENTATIVE; START DATE: 02/2024; APX NUMBER OF HOURS PER WEEK: 40; APX NUMBER OF HOURS DURING TRADING HOURS: 40; BRIEF DESCRIPTION OF DUTIES: FINANCIAL PLANNING AND ASSET MANAGEMENT; 2. NAME OF OTHER BUSINESS: RENTAL PROPERTY; INVESTMENT RELATED: NO; ADDRESS: LOS ANGELES, CA 90034; NATURE OF BUSINESS: RENTAL PROPERTY; START DATE: 07/2005; POSITION/TITLE/RELATIONSHIP: OWNER; APX NUMBER OF HOURS PER WEEK: 1; APX NUMBER OF HOURS DURING TRADING HOURS: 1; BRIEF DESCRIPTION OF DUTIES: LANDLORD OF SIMPLE RENTAL PROPERTY 3. NAME OF OTHER BUSINESS: KATY CHAI; INVESTMENT RELATED: YES; ADDRESS: SAME AS REGISTERED LOCATION; NATURE OF BUSINESS: INSURANCE BROKERAGE/GROUP HEALTH; START DATE: 07/2018; POSITION/TITLE/RELATIONSHIP: AGENT; APX NUMBER OF HOURS PER WEEK: 5; APX NUMBER OF HOURS DURING TRADING HOURS: 5; BRIEF DESCRIPTION OF DUTIES: OFFER LIFE AND HEALTH INSURANCE PRODUCTS FOR SALE; 4. NAME OF OTHER BUSINESS: KATY CHAI FINANCIAL; INVESTMENT RELATED: NO; ADDRESS: HUNTINGTON BEACH, CA 92646; NATURE OF BUSINESS: CORPORATION FOR BUSINESS/TAX PURPOSES; START DATE: 12/2023; POSITION/TITLE/RELATIONSHIP: OWNER; APX NUMBER OF HOURS PER WEEK: 1; APX NUMBER OF HOURS DURING TRADING HOURS: NONE; BRIEF DESCRIPTION OF DUTIES: THIS S-CORP WAS CREATED FOR BUSINESS TAX PURPOSES ONLY AND WILL NOT BE PUBLIC FACING; 5. NAME OF OTHER BUSINESS: DIRECTPATH PLANNING INVESTMENTS INSURANCE SOLUTIONS; INVESTMENT RELATED: YES; ADDRESS: SAME AS REGISTERED LOCATION; NATURE OF BUSINESS: FINANCIAL SERVICES; START DATE: 12/2021; POSITION/TITLE/RELATIONSHIP: FINANCIAL ADVISOR; APX NUMBER OF HOURS PER WEEK: 40; APX NUMBER OF HOURS DURING TRADING HOURS: 30; BRIEF DESCRIPTION OF DUTIES: SOLICIT POTENTIAL CLIENTS, PROVIDE FINANCIAL PLANNING/ADVICE; 6. NAME OF OTHER BUSINESS: CLARITY LANE DIVORCE SOLUTIONS; INVESTMENT RELATED: NO; ADDRESS: SAME AS REGISTERED LOCATION; NATURE OF BUSINESS: DIVORCE FINANCIAL ANALYSIS; START DATE: 02/2024; POSITION/TITLE/RELATIONSHIP: PRESIDENT/OWNER; APX NUMBER OF HOURS PER WEEK: 30; APX NUMBER OF HOURS DURING TRADING HOURS: 20; BRIEF DESCRIPTION OF DUTIES: PROVIDE CLIENTS WITH FINANCIAL ANALYSIS TO SUPPORT FINANCIAL DECISIONS MADE WHILE UNDERGOING DIVORCE;
CRS (Client Relationship Summary) - RIA
Click below to view Katy Chai'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®
NoneExperience
Current
February 22, 2024 - Present
SOVRAN ADVISORS, LLC
Office #1: 3200 Park Center Dr. Suite 1240, Costa Mesa, CA 92626RIA
CRD#: 329415
Costa Mesa, CA
Current
February 22, 2024 - Present
CETERA INVESTMENT ADVISERS LLC
Office #1: 3200 Park Center Dr Ste 1240, Costa Mesa, CA 92626RIA
CRD#: 105644
COSTA MESA, CA
Current
February 22, 2024 - Present
CETERA WEALTH SERVICES, LLC
Office #1: 3200 Park Center Dr Ste 1240, Costa Mesa, CA 92626BD
CRD#: 13572
Costa Mesa, CA
Past
July 17, 2018 - March 6, 2024
MML INVESTORS SERVICES, LLC
RIA
CRD#: 10409
Costa Mesa, CA
Past
June 15, 2018 - March 6, 2024
MML INVESTORS SERVICES, LLC
BD
CRD#: 10409
Costa Mesa, CA
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".
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
Registered Investment Advisory firm - (1/13/1984 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.RR
indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.Visual representation of state registrations
RR
Arizona(2/22/2024)
RR
California(2/22/2024)
IAR
California(2/22/2024)
RR
Connecticut(2/22/2024)
RR
Florida(2/22/2024)
RR
Hawaii(2/22/2024)
RR
Missouri(9/26/2024)
RR
Nevada(2/22/2024)
RR
North Carolina(2/22/2024)
RR
Oregon(2/22/2024)
RR
South Carolina(2/22/2024)
RR
Texas(1/14/2025)
IAR
Texas(1/14/2025)
RR
Utah(2/22/2024)
RR
Washington(2/22/2024)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
Registered Investment Advisory firm - (1/13/1984 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
1450 American Lane 6th Floor, Suite 650, Schaumburg, IL 60173-2096
Mailing Address
Phone number
(310) 257-7880
Established
Firm type
Fiscal year end
# of Employees
7,705
SEC notice filing (53 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 584,487 |
| AUM (Assets Under Management) | $ 163,792,814,520 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 10/27/2025 | ||
| 12/13/2024 | ||
| 09/26/2023 | ||
| 11/18/2022 |
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.
