For Immediate Release:
Vince Fertitta Joins Sanctuary Wealth as President of Wealth Management
INDIANAPOLIS, IN, May 20, 2019 —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.