Cedar Cove Wealth Partners Joins Sanctuary Wealth Network
Sanctuary Wealth, which empowers financial advisors, recently announced that Cedar Cove Wealth Partners has joined their network. This independent firm previously operated under the Thrivent Advisor Network and has decided to make the move towards greater flexibility and autonomy.
Strategic Partnership Benefits
The decision by Cedar Cove to partner with Sanctuary comes after years of meticulous evaluation. Vince Fertitta, Sanctuary's President of Wealth Management, highlighted that Cedar Cove sought a partner capable of delivering innovative solutions and support tailored for top-performing financial practices. This partnership aims to enhance their independence while providing them with an expansive set of resources.
Meet the Cedar Cove Leadership Team
Cedar Cove is led by a diverse team of wealth advisors including founding partners Jennifer Cords, Ben Johnson, and Chris Sipe. Alongside them, Keith Sapp serves as Chief Investment Officer, further strengthening their operational leadership. This highly experienced team is committed to advancing their clients’ financial needs through elevated services.
Vision for the Future
Jennifer Cords expressed the team's commitment to the independent wealth management space and shared their intent to expand their offerings. With a clear vision for the next several years, Cedar Cove is committed to achieving their strategic goals. They believe that with Sanctuary's unique platform, they can provide clients with an unmatched level of service and support.
Sanctuary's Commitment to Growth
According to Adam Malamed, CEO of Sanctuary Wealth, the firm is dedicated to nurturing the success of its partner firms across different business models and client segments. Cedar Cove exemplifies the benefits that arise from a partnership where shared vision and capabilities align with an innovative platform.
About Sanctuary Wealth
Sanctuary Wealth stands out as a major hybrid Registered Investment Advisor (RIA). The firm offers extensive wealth management solutions and is devoted to creating a community that empowers independent wealth management firms. Since acquiring tru independence in the previous year, Sanctuary has broadened its affiliation model that accommodates the varying needs of partner firms.
The Sanctuary network now encompasses more than 125 firms across 32 states, collectively managing over $55 billion in assets. Their structure includes several subsidiaries that contribute to an all-encompassing operations framework for their partners.
Media Inquiries and Contact Information
For further inquiries, media representatives can reach out to Donald Cutler or Joseph Kuo at Haven Tower Group. They are available to address any questions or provide additional information regarding this partnership.
Frequently Asked Questions
What prompted Cedar Cove to join Sanctuary Wealth?
Cedar Cove aimed to achieve greater independence and access to a broader platform of resources to better serve their clients.
Who leads the Cedar Cove Wealth Partners team?
The Cedar Cove team is led by Jennifer Cords, Ben Johnson, Chris Sipe, and Keith Sapp, who each bring extensive experience in wealth management.
How does Sanctuary Wealth support its partner firms?
Sanctuary Wealth provides its partners with technology infrastructure, operations support, and a community of advisors to enhance their business capabilities.
What is the focus of Sanctuary Wealth's business model?
Sanctuary Wealth focuses on providing flexibility, autonomy, and support to independent wealth management firms to foster their growth and success.
How many firms are currently part of the Sanctuary Wealth network?
Currently, over 125 partner firms are included within the Sanctuary Wealth network, managing significant assets nationwide.
