Sanctuary Wealth continues its rapid global expansion with the addition of independent advisor AZ Apice Capital Management to its network of partner firms on the Sanctuary Global platform. Headquartered in Sanctuary’s Miami office, the four-person team is led by Managing Partners Walter Alves and Bruno Gorgatti and advises on more than $400 million in client assets under management, primarily for clients domiciled in Brazil. The team was formerly affiliated with Insigneo.
“Sanctuary is enjoying phenomenal growth on all fronts, in number of partner firms and assets under management, both domestically and internationally,” said Jim Dickson, CEO and Founder of Sanctuary Wealth. “AZ Apice was already successful as an independent firm before joining Sanctuary, which shows that Sanctuary Global is filing a need in the marketplace and providing resources and services that haven’t otherwise been available to these firms.”
Bruno Gorgatti and Walter Alves both earned MBAs from Thunderbird School of Global Management at Arizona State University and have been business partners focusing on the Brazilian market for more than 20 years. They are fluent in English, Portuguese, and Spanish. They first joined forces at Lehman Brothers and then worked as a team within Morgan Stanley’s Private Wealth Management Division, where they were Executive Directors, before declaring their independence and launching AZ Apice in 2016.
“We have been following Sanctuary’s success for the past few years and were thrilled when they extended their offering to internationally focused teams. The choices for supported independence for international advisors had been extremely limited prior to Sanctuary,” said Walter Alves, Managing Partner, AZ Apice. “After conducting thorough due diligence, we knew that we wanted to be part of the Sanctuary network. Sanctuary provides a wide range of solutions for our clients, efficiencies that will enhance our business, and a culture of excellence.”
Joining Bruno Gorgatti and Walter Alves at AZ Apice will be Daniella Martins, Sales Supervisor, Compliance Associate, and an AZ Apice team member since 2020, and Pietra Coquieri, Sales Associate, who joined the team in 2022.
“Sanctuary Global is proud to welcome Walter, Bruno, and AZ Apice as our latest partners in our growing Miami office. They are outstanding advisors with a strong international clientele, and we look forward to helping grow both their client base and the assets they manage,” said Robert Walter, President of Sanctuary Wealth.
For Marcelo Soba