Sanctuary Wealth adds two Merrill Lynch teams with $530m
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.