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Articles tagged "Sanctuary Wealth Services"


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Mary Ann Bartels: We will probably go through many changes as this new form of technology evolves under the umbrella of decentralized finance including cryptocurrencies, NFTs and the metaverse.

A Merrill Lynch-intensive breakaway raft of $25-billion AUA nabbed $1-billion ex-Merrill 'Auric' and hired 'Mary Ann' -- whose last stop was at Merrill where she was a 'favorite'

CEO Jim Dickson was able to lure Mary Ann Bartels out of her furlough to join Sanctuary and flex her newfound knowledge of the metaverse and cryptoverse.

September 8, 2022 at 11:05 PM

Jim Dickson: Our growth has been record setting [and] our pipeline today is much greater than it was a year ago ... We’re growing so fast it’s hard to keep up.

A 20-year Merrill Lynch veteran got Sanctuary Wealth to $10 billion in AUA in 15 months with no outside capital and no time in bed: 'Nobody's slept since April'

Jim Dickson also recruited HighTower talent, Amit Dogra, to bring the old HighTower brokerage model and execute it as HighTower veers toward buying RIAs

August 15, 2019 at 7:58 PM

Andy Sieg could preside over commission elimination for brokers handling non-retirement investments.

Using DOL as cover, Bank of America cuts the Merrill Lynch bull as it adds a robo, stops paying brokers to stick around and kicks John Thiel upstairs

The Charlotte, N.C.-based lending giant bagged the Wall Street beast in 2009 when the price was right -- now it's cutting off its traditional food supply

October 18, 2016 at 10:41 PM

Adam Birenbaum: Each and every partner firm that has joined Focus has gone in with eyes wide open.

Why Focus Financial is risking it all -- including the advantages of privacy and private stock -- for a successful IPO

RIAs are perhaps being held in place by just those two elements, but with $1-billion valuation on the line, the liquidity event is taking on a life of its own

August 30, 2016 at 6:57 PM

Brodie Cobb: I saw a lot of similar-sized very successful firms begin to sell in San Francisco like Constellation, Luminous and Bakers Street and the question is: why?

How Tiedemann and Presidio did a no-cash merger of their $4.9 billion and $4 billion RIAs -- and their disarming honesty about jitters

A restructuring by Presidio's stricken CEO's deputy paved the way for a 'non-threatening' union in which all principals keep their equity

August 16, 2016 at 9:05 PM

Seth Waugh is neither a real Alex. Brown guy nor somebody who has walked in a broker's shoes, but his Wall Street bona fides are platinum grade.

As Raymond James seeks to wire its Alex. Brown upbranding deal, it hires past Deutsche CEO Seth Waugh with bona fides and baggage

In adding execuive chair, Raymond James is looking to complete the orchid botanist's task of providing just the right Wall Street water and Baltimore sunlight

April 27, 2016 at 7:49 PM

Tarek El Gammal-Ortiz:

Why a Miami breakaway trio sees no vice in leaving half-a-billion of client assets on JP Morgan's table

Element Pointe Advisors seek to ease HNW and UHNW client angst by watching their held-away assets

April 5, 2016 at 8:05 PM

Paul Reilly: Deutsche Bank is to continue providing the Alex. Brown advisors continued access to syndicates from Deutsche Bank's equity research and a high array of high-net-worth services for many years.

What to make of Raymond James putting 'Alex. Brown' back into business and what to make of the $420 million it's spending to make it happen

Raymond James could get the hallowed brand and 200 advisors with $50 billion in advised assets for a nominal price but it'll also be pumping Deutsche products through the AB unit

December 4, 2015 at 8:28 PM

Lauren Schadle: Nothing has changed to accommodate MetLife.

The FPA is now brought to you by MetLife, for better or worse

The insurer's cash is the good news but some see it as tainted money

April 23, 2014 at 5:42 AM

Jylanne Dunne: What's most surprising about the study is how concerned the husbands are that the wives aren't prepared.

Fidelity's new research unlocks women by fixating on -- men -- but elicits an 'ahem' from a big RIA client

As part of its gender efforts, the Boston giant has crafted a quiz -- one that strikes United Capital's Joe Duran as suspiciously familiar

December 23, 2013 at 5:48 AM

Michael Zeuner, Maria Elena "Mel" Lagomasino and Santiago Ulloa believe they're through the start-up phase of W.E. Family Offices.

GenSpring offshoot poaches four more as it reimagines the service model for UHNW families

With new talent from Bessemer, HSBC, the SEC and -- of course -- GenSpring, W.E. Family offices is betting that putting the client back in charge is really the way to go

September 23, 2013 at 6:29 PM

Jewelle Bickford: Clients are happy to go where they want. One never knows who will follow.

A $4.7-billion RIA-under-investment-bank in NYC softens its macho edge by headhunting a top woman from GenSpring

Evercore will make Jewelle Bickford a partner and the gem of its outreach to the other gender

August 21, 2013 at 5:40 AM

Jeff Spears: People have the mantra that if it ain't broke, don't fix it. There are no pain points.

How two deals struck last week show midsize RIAs reigniting the M&A and breakaway movements

The stakes are high for an ex-Morgan Stanley team that bolted with years to go on retention bonuses and a Virginia RIA is hitching its expansion plans to United Capital's star

July 15, 2013 at 4:15 PM

Michael Kress: It could have been a tragedy

ThinkEquity bankruptcy rattles loose an RIA, born ThinkTactical, of proven talent and a padlocked door

The recruitment of Michael Kress and Tony Cantando gives Jeff Spears' venture a new pasture to graze

February 11, 2013 at 4:04 AM

Jeff Spears: JMP's financial stake in Sanctuary played no part in the appointment of Johnson to the chairman post.

$2.5 billion roll-up-like entity in San Francisco brings aboard a chairman from its big investor

Montgomery Securities veteran Craig Johnson will help corral runaway wirehouse advisor dollars as the San Francisco firm seeks to build on an exponential leap in assets this year

December 18, 2012 at 4:26 AM

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