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Sanctuary Wealth adds two Merrill Lynch teams with $530m

By Ian Wenik, Citywire - Sanctuary Wealth is on a recruitment roll after adding two more Merrill Lynch breakaway advisor teams to its independent RIA network that run a combined $530 million in client assets. The latest recruits are Sanctuary’s third and fourth teams to join its network this month. Indianapolis, Ind.-based Sanctuary now has a combined $10 billion in assets under management on its platform.

June 24, 2019
By Ian Wenik

Sanctuary Wealth is on a recruitment roll after adding two more Merrill Lynch breakaway advisor teams to its independent RIA network that run a combined $530 million in client assets.

The latest recruits are Sanctuary’s third and fourth teams to join its network this month. Indianapolis, Ind.-based Sanctuary now has a combined $10 billion in assets under management on its platform.

Joining Sanctuary are Nashville-based advisors Patrick Poling, Jonathan Trusty and Ann Hollins-Young and Raleigh, N.C.-based advisors Clay Jackson, Chris Hill and Ben Fish. Poling, Trusty and Hollis-Young oversaw around $310 million while at Merrill, while Jackson, Hill and Fish managed around $220 million.

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