Sanctuary Wealth Acquires $800M Asset Team from Merrill Lynch
Sanctuary Wealth, a hybrid RIA with $58 billion in assets, has acquired Soteris Private Wealth, a $800 million team from Merrill Lynch. The move reflects a growing trend of advisors seeking independence and enhanced service offerings through hybrid RIA platforms. This follows Sanctuary's recent acquisition of another Merrill advisor's RIA.
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Topics: advisory firm transition financial services Merrill Lynch RIA partnership Sanctuary Wealth