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.
Elsewhere, Wells Fargo Advisors adds a $400 million Morgan Stanley veteran in Naples as an ex-Cetera advisor goes independent with LPL
According to a federal charges Bradley Heppner, 60, received more than $150 million in payments through funneling money from GWG Holdings to a shell company.
A $1B fund allegedly skimmed 30% off the top, then swapped cash for locked-up stock.
Insiders allegedly rewrote projections three times in four days.
TCI Wealth Advisors also has also tapped JIFFYAI to unify onboarding and servicing, while TradePMR adds ICE market data to its Fusion advisor platform
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
