Sanctuary Wealth Receives $175M Growth Investment From Kennedy Lewis Investment Management

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Sanctuary Wealth, an Indianapolis, Indiana-based provider of a platform for the next generation of elite advisors, closed a $175m investment from Kennedy Lewis Investment Management.

The company intends to use the funds to accelerate its M&A strategy and the organic growth of its partner firms, including advancing key priorities that will enhance technology solutions and talent management initiatives.

Launched in 2018 and led by Jim Dickson, CEO, Sanctuary Wealth is a holistic wealth platform for advisors who desire to own their businesses and values, allowing them to access the resources of a much larger organization.

To assist partner firms, Sanctuary Wealth has built out the range of solutions on its multi-custodial hybrid platform including a new bespoke alternative investments platform, a Turnkey Asset Management Program (“TAMP”) offering, insurance solutions, family office services, legacy planning, consumer and business lending solutions, as well as access to a technology stack integrated into a best-in-class work station.

Currently, the firm’s network includes 79 partner firms in 26 states across the country with approximately $25 billion in assets under advisement.

FinSMEs

15/07/2022