Sanctuary Wealth’s new division, Sanctuary Global, opened its new office in Miami.
The new office located on Brickell Avenue demonstrates the growth of $21 billion in assets with more than 60 partner teams nationwide, the company told Funds Society.
“A year ago we launched Sanctuary Global with a physical presence in Miami to focus on attracting financial advisors who are interested in becoming independent and who also serve international clients. Here we offer them a multi-custody platform that includes broker dealer, RIA and family office model options,” said Elisa Granados, director of Sanctuary Global.
Granados evidenced her team’s enthusiasm for the future of their Miami division.
“We are motivated and look to the future in Miami with a lot of optimism. There is great interest in the market due to the structural decisions made by large firms in recent years. Our value proposition offers financial advisors control over their destiny by guiding them in building and growing their own businesses,” he explained.
The 15-strong staff will be expanded in the coming days with two new teams that, according to the advisor, “recognize the collaborative culture we have formed by enabling financial advisors to grow and gradually plan for the succession of their firms.”
In addition, the firm is flexible about working from home.
“Some are eager to return to a shared office with other teams to exchange ideas and feel part of a culture like ours. Some prefer their offices near their residences or in their own homes. In any case, they are delighted to have access to our conference rooms on Brickell Avenue overlooking the beautiful Biscayne Bay,” concluded Granados.