July 7, 2020
Barbara Herman Quoted
By Asia Martin
When Emily Bowersock Hill read about Evans May Wealth joining Sanctuary Wealth Management from Merrill Lynch in 2019, she found a familiar story. The Indianapolis-based women-led firm sounded a lot like that of The Hill Group, a practice she started with her now retired father, Stephen Hill, that managed $500 million at Morgan Stanley.
Barbara Herman, senior vice president at Diamond Consultants, said the firm could have gone anywhere, including fully independent, but belonging to a network of other advisors and a hybrid parent firm that not only provides various kinds of support but also speaks the wirehouse language the team grew up on is of greater importance.