CRS

This statement was last updated on November 14, 2023.

Introduction

Sovereign Global Advisors, LLC (“SGA”) is a state registered Investment Adviser. Brokerage and investment advisory services and fees differ and it is important for you to understand these differences. Free and simple tools are available to research firms and financial professionals at Investor.gov/CRS | Investor.gov,, which also provides education materials about broker-dealers, investment advisers, and investing. Please refer to the Form CRS of our affiliated broker-dealer, Sovereign Global Advisors, LLC for information regarding brokerage services.

What investment services and advice can you provide me?

SGA offers investment advisory services to retail investors. These services include asset management, financial planning and consulting, retirement planning and consulting. We also provide advisory services by referring clients to unaffiliated investment advisors. If we charge an ongoing asset-based fee, we will perform ongoing monitoring of your account(s) based upon the scope of services we provide as described in our agreement(s). If we only provide one time services (i.e., creating a financial plan), we will not monitor your account(s). All recommendations regarding your advisory account will be made in an advisory capacity. When we make a recommendation to you, we will expressly tell you orally which account we are discussing.

You have the choice to receive non-discretionary or discretionary services from us. When we provide non-discretionary services to you, you make the ultimate decision regarding the purchase or sale of investments. When you authorize us to provide discretionary services to you, we can buy and sell investments in your account without discussing with you in advance. While we offer a wide variety of investment products and types of investments, SGA’s investment advisory representatives will manage each account in accordance with the client’s investment guidelines and/or restrictions (if any) that have been provided by the client. There are no minimum investments to open an advisory account, but a minimum fee will be charged that may be above the percentage stated for the advisory fee.

For additional information, please visit the following:

Form ADV Part II | Sovereign Global (sovereignglobaladvisors.com)

https://joinsovereign.com/crs

Here are some questions you can use to start a conversation with your financial professional:

•Given my financial situation, should I choose an investment advisory service? Why or why not?

•How will you choose investments to recommend to me?

•What is your relevant experience, including your licenses, education and other qualifications? What dothese qualifications mean?

What fees will I pay?

You will pay a fee for our services based upon the type of service you receive. This can include asset-based fees, fixed fees, hourly fees and program fees. Any fees paid and the frequency charged will be agreed upon by you when contracting with SGA for investment advisory services.

•Asset-based fee – the fee is a percentage of all assets in your account, charged on an ongoing basis

•Fixed fee – the fee is a set amount, charged either one-time or on an ongoing basis

•Hourly fee – the fee is a set amount and based on the aggregate number of hours of service provided

If you pay an asset-based fee, the more assets there are in your account, the more you will pay in fees. Thisgives us an incentive to encourage you to increase the assets in your account. If you pay an hourly fee, thisgives us an incentive to incur more time providing services to you.

You will typically also pay other fees, depending on your account type. These fees include custodian fees,account maintenance fees, transactional fees, and other ancillary fees.

You will pay fees and costs whether you make or lose money on your investments. Fees and costs willreduce any amount of money you make on your investments over time. Please make sure youunderstand what fees and costs you are paying.

501 S Cherry St, 11TH Floor Denver, CO 80246 | Tel 866.790.9700 | Member FINRA/SIPC

For additional information, please visit the following:

Form ADV Part II | Sovereign Global (sovereignglobaladvisors.com)

https://www.joinsovereign.com/crs

Here is a question you can use to start a conversation with your financial professional:

• Help me understand how these fees and costs might affect my investments.

• If I give you $10,000 to invest, how much will go to fees and costs, and how much will be invested for me?

What are your legal obligations to me when acting as my investment adviser? How else does your firm make money and what conflicts of interest do you have?

When we act as your investment adviser, we have to act in your best interest and not put our interest ahead of yours. At the same time, the way we make money creates some conflicts with your interests. You should understand and ask us about these conflicts because they can affect the investment advice we provide you. Here are some examples to help you understand what this means. The Investment Advisor Representative (IAR) of SGA may act as a representative of the broker-dealer and offer and sell securities or insurance and receive commissions as a result of the securities transaction. The incentive to receive a commission is a conflict of interest, and to address this conflict to ensure our advisor representatives at all times put the interest of clients first we do the following:

Disclose to clients all material conflicts of interest which include the potential for our firm to earn compensation from advisory clients in addition to advisory fees.
Disclose that there is no obligation to purchase recommended investment products from our representatives or affiliates.

For additional information, please visit the following:

Form ADV Part II | Sovereign Global (sovereignglobaladvisors.com)

https://www.joinsovereign.com/crs

Here is a question you can use to start a conversation with your financial professional:

• How might your conflicts of interest affect me, and how will you address them?

How do your financial professionals make money?

Our financial professionals receive fees for the investment advisory services they provide. These fees are one-time and/or ongoing, and are based on a fixed rate and/or as a percentage of assets in your account. Fixed rate fees are agreed upon by you and the financial professional, and are based on the time and complexity it takes to meet your needs. As noted above, our financial professionals have an incentive to have more assets in your account if they are paid by an asset-based fee. If they receive an hourly rate, they have an incentive to bill for more hours of work.

Do you or your financial professionals have legal or disciplinary history?

Yes. Visit Investor.gov/CRS | Investor.gov for a free and simple search tool to research us and our financial professionals

Here is a question you can use to start a conversation with your financial professional:

• As a financial professional, do you have any disciplinary history? For what type of conduct?

Additional Information

Form ADV Part II | Sovereign Global (sovereignglobaladvisors.com)

https://www.joinsovereign.com/crs

If you would like additional, up-to-date information or a copy of this disclosure, please call 866-790-9700

Here are some questions you can use to start a conversation with your financial professional:

• Who is my primary contact person? Is he or she a representative of an investment adviser or broker-dealer?

• Who can I talk to if I have concerns about how this person is treating me?