Sovereign Man is an investing/lifestyle brand that comes from Simon Black.
He claims he can help you protect your assets and navigate this chaotic world.
Is he telling the truth or is this all one big scam?
I’ll answer this question in this review.
Additionally, we’ll cover any red flags and you’ll get an overview of what’s being offered.
You’ll know if Sovereign Man is worth it by the time you’re done reading.
Let’s get started!
Sovereign Man Summary
Creator: Simon Black
Price to join: $995 to $1995
Do I recommend? Sort of
Overall rating: 3/5
I put Sovereign Man into the category of cool but not exactly practical.
How many people are looking to gain residency in foreign countries and move half way cross the world?
Again, cool to learn the stuff is cool but this newsletter is $995 to $1995 per year.
There’s books that cover this same topic at a fraction of the price.
I can’t really justify the cost of this newsletter just to learn some travel and residency hacks.
If it were $99 per year I’d be more willing to recommend.
At the current price I just don’t see the value.
Better opportunity: I’ve reviewed all the top places to get high return stock ideas. To see my favorite (which is extremely affordable), click below:
7 Things To Know About Sovereign Man
Before you buy from Sovereign Man there’s things you should know about this service
Here’s the top things to know about Sovereign man:
1) What Is Sovereign Man?
Sovereign Man is a company that gives its readers tips on how to protect their wealth and financial freedoms.
Mainly this is done through internationalization, asset protection and investment strategies.
This is done though offshore banking, second citizenship and residency and international asset protection strategies.
This allows people to protect their assets, increase their financial privacy and diversify their investments globally.
The main threats to your wealth according to Sovereign man is excessive government regulation, currency devaluation and political instability.
2) Is Simon Black A Real Person?
So I did a bit of digging into “Simon Black” and there’s a lot of unanswered questions about just who Simon is.
First thing to consider is Simon Black isn’t a real name and is just a pen name.
Apparently Simon’s real name is James Hickman but other than that we don’t know much about the real person behind Sovereign Man.
Here’s are things that Simon claims about himself but that is very hard to verify:
- Graduated from West Point and was an army intelligence officer.
- Started the The Black Knight Group which provided consulting services to high net worth individuals.
- Started Medellin Realty which was a real estate company based in Medellin, Colombia.
But again, I looked up The Black Group and Medellin Realty and couldn’t find anything about hem.
I have rule about the internet and especially people selling you financial stuff:
Never trust anything someone says about themselves unless you can verify it.
Maybe Simon has done the things he’s said, maybe he hasn’t.
I’ve just caught so many people lying on the internet before that I simply can’t trust people blindly.
Recommended: The Best Place To Get Stock Picks
3) “Simon” Holds Very Libertarian Views
I’ve read a lot of Libertarian viewpoints in the last year and “Simon” definitely holds strong Libertarian views.
For example, many Libertarians promote buying farm land in South America which is what “Simon” has done.
He apparently has an organic farm in Chile.
Chile at one point was a very Libertarian society and Libertarians loved recommending moving there.
However, last year they took a turn to the left and elected a de-facto socialist as their leader.
Anyway it’s important that you understand some core Libertarian principles, this way you can understand Sovereign Man better.
Some Libertarian ideas you’ll see promoted through Sovereign Man includes:
- Distrust towards governments and foreign policy
- Disdain towards paper money
- Promotion of buying gold, silver and other previous metals
- Individual rights
- Against central planning
There’s a pretty good amount of fear mongering that comes from Libertarians as well.
This includes the idea the dollar is going to collapse, there will be out of control inflation (this is actually happening), stripping of all individual liberties and things like that.
Here’s an interview with “Simon” where he talks about a lot of these things.
He’s talking to a silver bullion dealer so he makes the case for investing in real assets like gold and silver.
4) Sovereign Confidential Is The Flagship Service
The main product at Sovereign man is Sovereign Confidential and it costs $995 per year.
There’s many books that teach the same stuff that are much less expensive (I’ll get into that in the next section).
Sovereign Confidential helps you in the following ways:
- Fighting inflation through legal tax mitigation and asset protection strategies
- Finding personal freedom through second residency
- Protecting your assets
- How to spot and seize opportunities through out the world
- How to find the right country to live in
You get the following features as a member to Sovereign Confidential:
- Get monthly newsletters that cover current trends
- Sunday mailers that cover current risks and events
- Monthly Q&A’s
- Full reports and archives for you to read
- Rolodex of vetted service providers
Want The Best Stock Picks Weekly?
I’ve reviewed the best programs that do this.. to see my top pick, click below:
5) There’s Many Cheaper Alternatives To Sovereign Confidential
I think the stuff that’s included in Sovereign Man and Sovereign Confidential is cool.
Who doesn’t want to know secret global tax tricks and how to get residency in freer countries.
But I would not pay $995 per year to learn this stuff.
There’s so much information out there and different communities that you can find the same stuff for free or much cheaper.
For example, Nomad Capitalist is a popular book that covers basically the same stuff.
It costs $9.99 for the Kindle version:
This book has been bought hundreds of thousands of times and has really good reviews.
“Simon Black” doesn’t have access to secrets that Andrew Henderson doesn’t have.
And any topic that’s not covered in Nomad Capitalist will be covered in another book that’s cheap.
6) The 4th Pillar Is The Investment Service
While Sovereign Confidential is about asset protection, The 4th Pillar is about building wealth through investing.
This service focuses on buying foreign companies that selling for less than the amount of cash they have in the bank.
Overall this service seems to get pretty good reviews from customers.
Over on Stock Gumshoe 100+ people have rated this service and it gets an average rating of 3.7/5:
One of the stock recommendations this newsletter made was back in February 2019 for a closed fund called Pershing Square Holdings.
This asset was promoted as the “highest conviction idea in years” and a way to “buy some of the highest quality stocks in the world at a massive 26% discount.”
This did turn out to be a good recommendation and the fund has more than doubled sine being recommended:
So this does seem like a quality investing service.
And it comes with a 30 day refund policy which you don’t typically see with expensive investing services.
But the price makes it so only people with a large portfolio should buy it.
Recommended: The Best Place To Get Stock Picks
7) Don’t Buy The 4th Pillar Unless You Have $200,000 To Invest
There’s a rule when it comes to paying for investing research:
Never pay more than 1% of your trading account on research.
Because if you pay more than that the cost will eat into your gains too much.
The 4th Pillar is $1995 per year so you’d need around $200,000 to invest for this newsletter to make sense.
For example, if you only have $50,000 this newsletter would represnt about 4% of your account.
It’s going to be had to beat the market when you’re already starting 4% in the hole.
Sovereign Man markets itself as a service for high net worth individuals.
So kudos to them for that.
Sovereign Man Pros And Cons
Pros
- Good reviews: Most customers that are customers of Sovereign Man seem to be happy with what they’ve gotten.
- Good refund policy: You get 30 days to get your money back and that’s pretty good.
- Cool ideas: I like the idea of offshore banking and buying foreign businesses. Definitely unique.
Cons
- Too expensive: The services at Sovereign Man are pricey and you need to be high net worth individual to truly benefit from them.
- Cheaper alternatives: Every service at Sovereign Man has a much cheaper alternative that’s just as good.
- Not enough known about Simon: Simon Black should be more open about his past considering he’s selling expensive products.
Sovereign Man Conclusion
Sovereign Man is an interesting brand.
Typically I just write about investing services and they’re all more or less the same.
In fact, most investing newsletters are owned by about 3 companies.
So it’s nice to see someone take a different approach.
At the end of the day I’m just not sure how practical this lifestyle “Simon” promotes is for most people.
You have to make a lot of money for these services to have any value and you have to be pretty adventurous for the tips to work.
Are you ready to live in a different country?
To by farmland in Chile and start farming?
These are all nice fantasies but would take some sacrifices on your end.
I personally like living around my family and friends.
It would be hard for me to just get up and leave everyone.
And saving money on taxes just isn’t a big enough incentive for me to want to move.
My family and friends are worth more than that.
But some people might have different lifestyles and aren’t attached to one place.
If so these services can help.
But just understand there’s books that cover all of these topics and cost under $10.
Here’s A Better Opportunity
There’s a lot of alternatives for people looking for investment advice.
I’ve personally reviewed 100+ stock picking services..
Most are bad but there’s some that are worth subscribing to.
To see my favorite stock picking service (which is very affordable), click below:
Get High Return Stocks!
I’ve reviewed 100+ stock picking services. To learn more about my favorite, click below:
