Sanctuary
Sanctuary Sells Majority Stake for $50 Million to European Firm
European asset manager Azimut Group is paying $50 million for 55% of independent brokerage firm founded two years ago by Merrill manager Jim Dickson.
Rockefeller Nabs $5-Million Morgan Stanley Team in Arizona
Morgan Stanley group with $400 million in client assets moved Friday, the same day that indie firm Sanctuary Wealth added a $4 million production and $500 million-asset team from Merrill.
Elite Broker in L.A. Joins Indie Firm After Four Years at Morgan Stanley
Antoine Souma, former $3 billion-asset Barron’s-ranked broker with a multi-million-dollar client settlement in his past, leaves wirehouse for unusual alliance with two independent firms.
Merrill Teams Managing $850 Million Jump to Sanctuary, RayJay
Indianapolis-based Sanctuary, founded two years ago by a former Merrill divisional manager, finds recruiting success targeting its roots.
$250-Mln Ameriprise Team Goes to RBC, $100-Mln Morgan Stanley Broker to Sanctuary
Four Long Island advisors on an Ameriprise employee-channel team split for offices of rival firm in Manhattan and Boca, while a wirehouse broker in Des Moines leaves to launch an independent practice in the city.
Independents Steward and Sanctuary Hire Brokers from Merrill, UBS
Austin duo overseeing $134 million leaves Merrill for Raymond James affiliate, while 16-year UBS executive stock specialist shifts to new Noyes unit in San Francisco.
