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Sanctuary Wealth Expands Team with New Ohio Advisor Addition

Sanctuary Wealth Expands Team with New Ohio Advisor Addition

Sanctuary Wealth Welcomes New Advisor to Enhance Client Service

Bryan Blackburn, CFP, joins Alluvial Private Wealth to leverage growth opportunities and enhance the client experience.

Sanctuary Wealth is a leader in providing elite financial advisors the autonomy and resources they need in a competitive landscape. The firm proudly announces the addition of Bryan Blackburn, CFP, to its team through Alluvial Private Wealth, a distinguished partner firm based in Ohio. Blackburn, who previously managed over $190 million in client assets at Carnegie Investment Counsel, takes on the role of Vice President, Wealth Advisor, and co-owner of Alluvial’s Cleveland branch.

Alluvial Private Wealth was established by Lars Olson, CFP, in January 2021, following his transition from Merrill Lynch, where he oversaw a substantial $435 million in client assets. With Blackburn joining the firm, Alluvial’s total client assets have exceeded an impressive $1.2 billion across its two locations.

“Bringing Bryan on board as a co-owner of our Cleveland operations is a significant milestone in our growth strategy,” emphasized Olson. “We are eager to bring on successful practices annually. Bryan has demonstrated an exceptional capability as an independent advisor, and we believe his expertise will propel our Cleveland office forward. We are thankful to Sanctuary’s Enterprise Partner Program for facilitating this arrangement and ensuring a seamless transition for my business.”

Sanctuary’s Enterprise Partner Program aims to boost the inorganic growth of its partner firms. The program provides essential operational and financial support for integrating new advisors and identifying expansion prospects.

Olson has been proactive in embracing this program, which has enabled him to enhance his firm through strategic partnerships and acquisitions.

“From the moment Sanctuary introduced me to Lars and the Alluvial team, I realized we shared a mutual vision, both culturally and financially,” said Blackburn, excited about his new role.

“Our holistic approach to financial planning emphasizes instilling confidence in clients’ wealth management decisions rather than leaving them to chance. The exceptional resources available to me—from thorough tax services to multi-generational wealth management—will significantly enhance the level of service provided to my clients.”

With nearly 20 years in the financial services sector, Blackburn has dedicated his career to guiding clients toward their financial objectives. His previous experience at Charles Schwab and Wells Fargo has equipped him with a profound understanding of the intricacies within the market and financial planning.

Vince Fertitta, President of Sanctuary Wealth, highlighted the bright future ahead in the evolving wealth management landscape. “Our partner firms have closely examined industry demographics and see vast potential for establishing solid enterprises in the coming years. We are committed to providing the necessary resources and capital to fulfill this vision. Bryan has showcased remarkable achievements, and we are delighted to have connected him with Lars Olson and assisted in his integration into Alluvial.”

Sanctuary’s CEO, Adam Malamed, further noted, “Through Sanctuary’s support and Lars’ active engagement in our Enterprise Partner Program, Alluvial is poised for continued growth in this ever-evolving industry. Bryan’s decision to join Alluvial’s leadership is a testament to his commitment to his clients’ success.”

About Sanctuary Wealth
Sanctuary Wealth is a premier hybrid registered investment advisor (RIA) that provides comprehensive wealth management solutions, strategic partnerships, and capital investments to sophisticated independent wealth management firms. The firm is dedicated to granting partner firms unparalleled freedom, flexibility, and control through a unique ecosystem that supports their operations and technology needs while fostering a collaborative network of peers. Recently, Sanctuary expanded its affiliation options through acquiring tru independence in 2024, providing various models that cater to partner firms' distinctive needs.

At present, Sanctuary Wealth’s extensive network encompasses more than 125 partner firms across 32 states, managing over $55 billion in assets as they transition onto the platform. Sanctuary Wealth’s structure includes several subsidiaries, such as Sanctuary Advisors LLC, which is SEC-registered, and comprises a FINRA member broker-dealer, Sanctuary Securities, Inc., along with other specialized entities like Sanctuary Asset Management, Sanctuary Insurance Solutions, and Sanctuary Global.

Frequently Asked Questions

Who is Bryan Blackburn?

Bryan Blackburn is a CFP and a new Vice President and Wealth Advisor at Alluvial Private Wealth, joining from Carnegie Investment Counsel.

What firm did Bryan Blackburn join?

He joined Alluvial Private Wealth, a firm under the Sanctuary Wealth network.

What are Sanctuary Wealth's core services?

Sanctuary Wealth offers wealth management solutions, operational support, and partnership opportunities for independent advisors.

How does Sanctuary Wealth support its partner firms?

By providing financial backing, operational assistance, and strategic growth opportunities through its Enterprise Partner Program.

What is the significance of the Enterprise Partner Program?

This program helps partner firms expand by integrating new advisors and sourcing growth opportunities in the wealth management sector.

About The Author

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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