Sanctuary Wealth, an Indianapolis-based aggregator with $25 billion in assets, said a Merrill Lynch team managing $1 billion in client assets has joined the firm.
Chicago-based Burnham Harbor Private Wealth includes managing partners James Corrigan, David Holtkamp, Sean Jucas and Kenneth Shay, as well as staffers Basel Alwawi and Cindy Hehr.
"As independent advisors, we can truly focus on what's important to our clients," Shay said in a statement. "Sanctuary will allow us to be more creative in how we acquire clients or books of business, as well as how we staff our office and plan for internal succession.”
Corrigan has 17 years of experience, according to his BrokerCheck report, and had been affiliated with Merrill Lynch since 2009. Holtcamp joined Merrill in 2006 and Jucas had been affiliated with Merrill since 2007. Kenneth Shay has 50 years of experience, according to BrokerCheck, and had been affiliated with Merrill since 2007.
Relationships are key to our business but advisors are often slow to engage in specific activities designed to foster them.
Whichever path you go down, act now while you're still in control.
Pro-bitcoin professionals, however, say the cryptocurrency has ushered in change.
“LPL has evolved significantly over the last decade and still wants to scale up,” says one industry executive.
Survey findings from the Nationwide Retirement Institute offers pearls of planning wisdom from 60- to 65-year-olds, as well as insights into concerns.
Streamline your outreach with Aidentified's AI-driven solutions
This season’s market volatility: Positioning for rate relief, income growth and the AI rebound
