Sanctuary Wealth, an Indianapolis-based wealth management firm with more than $20 billion in assets, said it has added a three-person team that was managing $270 million at UBS.
The team in Santa Barbara, California, operates as Saige Private Wealth.
Antonia LaRocca, the founder and managing partner at Saige, had been affiliated with UBS since 2014.
Sanctuary has partner firms in 23 states and said Saige Private Wealth will be its seventh team in California.
With over 600 clients, the $71 billion RIA acquirer's latest partner marks its second transaction in Oklahoma.
Also, wealth.com enters Commonwealth's tech stack, while Tifin@work deepens an expanded partnership.
Back office workers and support staff are particularly vulnerable when big broker-dealers lay off staff.
The fintech giant is doubling down on its strategy to reach independent advisors through a newly created leadership role.
The two firms are strengthening their presence in California with advisor teams from RBC and Silicon Valley Bank.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
