Sanctuary Wealth Expands with New Advisor Addition
Sanctuary Wealth enthusiastically brings Richard LeSavoy, a dedicated financial advisor, into its esteemed network through the Partner Firm Centeras Private Wealth. LeSavoy transitions his practice from Lincoln Investments to enhance the client experiences he provides.
Background of Richard LeSavoy
With over a decade of experience building his practice at Lincoln Investment, LeSavoy is excited about the opportunities that await him at Centeras Private Wealth. This transition marks a significant milestone in his career, enhancing the advisory services clients can expect to receive.
Growth of Centeras Private Wealth
Founded by Travis Grieb after his tenure at Ameriprise Financial, Centeras Private Wealth has enjoyed growth since joining forces with Sanctuary in 2020. The firm will manage a remarkable $175 million in total client assets with LeSavoy's addition, representing a substantial resource for current and future clients.
Centeras aims to empower individuals, families, business owners, and retirees, ensuring they have the necessary tools to navigate their financial journeys confidently. Clients' best interests remain the core of their business philosophy.
Strategic Growth through Sanctuary
Grieb expressed enthusiasm about LeSavoy's arrival, noting the importance of his established client service model aligning with Centeras' culture. The support received through Sanctuary's Enterprise Partner Program was crucial in facilitating this partnership, enabling Centeras to refine its strategies for onboarding experienced advisors.
LeSavoy highlighted that his desire to move was founded on finding a partnership that resonates with his values regarding client treatment and service quality. He emphasized the significance of ensuring his clients are in capable hands, should unforeseen circumstances arise.
Understanding the Enterprise Partner Program
Sanctuary’s Enterprise Partner Program is crafted to support Partner Firms in achieving inorganic growth by integrating new advisors seamlessly. The program features an educational framework helping firms transition from running businesses independently to building a unified enterprise. Completing this program earns advisors the prestigious Enterprise Partner accreditation, greatly enhancing their ability to attract growth opportunities.
Insight from Sanctuary Wealth Leadership
President of Sanctuary Wealth, Vince Fertitta, commended Centeras for their continuous organic growth since becoming a Partner Firm. He remarked on their initiative to explore inorganic growth opportunities, utilizing the Enterprise Partner Program to build confidence in attracting seasoned advisors.
About Sanctuary Wealth
Sanctuary Wealth stands as a premier hybrid RIA, providing a broad range of wealth management solutions, strategic partnerships, and capital investments tailored to independent firms. They are dedicated to offering partners unmatched freedom and control within a collaborative ecosystem designed to enhance operational efficiency.
Sanctuary Wealth's network includes over 125 partner firms across several states, managing more than $55 billion in assets, both on the platform and in transition. Their subsidiaries include Sanctuary Advisors LLC, SEC-registered investment advisers, and Sanctuary Securities, a FINRA member broker-dealer, among others.
Media Contacts for Sanctuary Wealth
Media inquiries can be directed to Donald Cutler at Haven Tower Group via phone. He is available to provide further information.
Frequently Asked Questions
What is the significance of Richard LeSavoy joining Sanctuary Wealth?
His addition enhances client service offerings and strategic growth for Centeras Private Wealth.
What is the role of the Enterprise Partner Program?
This program assists Partner Firms in integrating new advisors and supports their growth initiatives.
How does Centeras Private Wealth prioritize client relations?
Centeras emphasizes placing clients' interests first in all their operations and decisions.
What has been the impact of Sanctuary Wealth's expansion?
Sanctuary Wealth's growth facilitates increased service capabilities and resources for partner firms.
How does Sanctuary support its partner firms?
Sanctuary provides technological infrastructure, educational programs, and a collaborative community for independent wealth management firms.
