INDIANAPOLIS–(BUSINESS WIRE)–Vince Fertitta, a 27-year wealth management industry veteran, will join
global firm Sanctuary Wealth, departing from Bank of America Merrill
Lynch amid the “breakaway” movement from wirehouses to the independent
space.
Fertitta previously served as division executive of Merrill’s Texas
Mountain South Division, where he was responsible for more than 2,200
financial advisors across 10 states. He will join Sanctuary as a
principal of the firm and serve as President of Wealth Management.
“I’m excited to empower Financial Advisors by providing the necessary
support and infrastructure they need to truly own their business, all
the while exceeding their clients’ expectations,” Fertitta said. “We are
building a clear path from the wirehouse to the independent space and
setting a new industry standard.”
The wealth management veteran began his career as a Financial Consultant
at Shearson Lehman Brothers in 1992 before joining Merrill Lynch in
1996. He was a highly successful wirehouse financial advisor for a
decade, and spent 17 years in management, ascending to senior
leadership. Fertitta also served as market president of Bank of
America’s San Antonio market for the past three years.
“I am thrilled to have a partner of Vince’s caliber leading wealth
management. His experience and relationships are tremendous assets to
Sanctuary,” said Sanctuary Wealth founder and CEO Jim Dickson. “We’ve
never seen such strong interest in Partnered Independence™. The growth
we’ll see this summer and beyond is exciting, and we look forward to
Vince helping us further our momentum.”
Fertitta will establish a hub in Texas, where Sanctuary reports
particularly high levels of interest from wirehouse advisors.
About Sanctuary Wealth
Sanctuary Wealth, a partner-owned global wealth management firm, brings
together an elite network of wealth advisors of the highest caliber,
handpicked for their experience, impressive compliance and unparalleled
performance levels. These talented advisors operate with their clients’
best interests as their primary focus, backed by Partnered
Independence™. Partnered Independence™ ensures Sanctuary Wealth advisors
have comprehensive support in all aspects of serving their clients and
growing their businesses. Through its subsidiaries, Sanctuary Securities
and Sanctuary Advisors, Sanctuary Wealth offers a comprehensive menu of
products and services to individual and institutional clients.
Contacts
Debora Lima
Director of PR, The Tag Experience
[email protected]
