$250 million St. Louis workforce leaves Wells Fargo for partnered independence
INDIANAPOLIS, Aug. 26, 2022 /PRNewswire/ — Sanctuary Wealth, dwelling to the subsequent era of elite advisors, welcomes Mackie & Waller Wealth Administration Group in St. Louis to its frequently rising community of accomplice corporations. Previously affiliated with Wells Fargo Advisors the place they suggested on $250 million in shopper property, the named companions are Peter F. Mackie, AAMS ® and Paul P. Waller IV, CFP®. They’re becoming a member of Sanctuary Wealth as an affiliate of one other accomplice agency, Cape Rock Personal Wealth in Jackson, Missouri.
“There are lots of routes from a financial institution or wirehouse to independence and Sanctuary Wealth is all about serving to advisors discover the highway that’s proper for them,” stated Jim Dickson, CEO and Founding father of Sanctuary Wealth. “For Mackie & Waller Wealth Administration Group, the precise path was to share assets with one other one in all our accomplice corporations, Cape Rock Personal Wealth which can make each corporations much more environment friendly. Our mission is to facilitate the expansion of all our companions and to guarantee they’ve entry to the vary of the assets they should make that occur.”
“Earlier than making the transfer to independence we needed to make sure that our shoppers wouldn’t be giving something up. After Justin Martini at Cape Rock Personal Wealth shared his personal expertise of constructing the transition, we had been sure that becoming a member of Sanctuary Wealth can be the precise transfer for us and most significantly for our shoppers,” defined Paul Waller, CFP®, Founding Accomplice, Mackie & Waller Wealth Administration Group. “By affiliating with Cape Rock and Sanctuary, we could be assured that we’ve a workforce behind us to deal with issues like oversight, compliance, and the opposite components of operating the enterprise that take our consideration away from shoppers.”
Peter F. Mackie brings to the workforce many years of expertise as an funding portfolio supervisor at Wells Fargo in St. Louis in addition to the previous Bankers Belief in New York, London, and Palm Seaside. All through this invaluable expertise, Peter has recommended shoppers throughout a number of financial and monetary market cycles. He has earned the Accredited Asset Administration Specialist (AAMS®) certification and is a graduate of Trinity Faculty.
Paul Waller had been with Wells Fargo since 2008 and joined Mackie & Waller Wealth Administration Group in 2014. His experience consists of funding planning, IRA distribution, and Federal advantages methods. He’s a Licensed Monetary Planner (CFP) and earned Bachelor’s and Grasp’s levels in Enterprise Administration from Southeast Missouri State College and McKendree College, respectively.
“We’re very excited to be becoming a member of Sanctuary by means of our affiliation with Cape Rock Personal Wealth,” added Peter Mackie, AAMS®, Founding Accomplice, Mackie & Waller Wealth Administration Group. “We all know we’ll have entry to a a lot wider array of options and different instruments in addition to up-to-date expertise. Paul and I’ve needed to construct one thing of our personal for a very long time and now we’re in a position to do it in a method that may actually profit our shoppers.”
“Peter and Paul felt extra comfy sharing assets with one in all our native companions, and we expect that is nice. We wish advisors to search out the flavour of independence that is proper for them,” stated Vince Fertitta, President, Sanctuary Wealth. “Justin Martini at Cape Rock Personal Wealth has a thriving observe and has been an excellent accomplice. He’s extraordinarily concerned with rising his agency inorganically by means of affiliations, tuck ins and acquisitions.”
To study extra about Mackie & Waller Wealth Administration Group, please go to: www.mackiewaller.com
About Sanctuary Wealth
Sanctuary Wealth (sanctuarywealth.com/) is the superior platform for the subsequent era of elite advisors, who’ve the entrepreneurial spirit to construct and personal their very own practices and want the liberty to ship the tailor-made service their shoppers deserve. Sanctuary Wealth’s ecosystem of partnered independence offers a whole expertise and operations platform, in addition to help from a neighborhood of like-minded advisors and the assets of invaluable affiliated companies. At present, the Sanctuary Wealth community consists of accomplice corporations in 27 states throughout the nation with roughly $25 billion in property beneath advisement. Sanctuary Wealth consists of the totally owned subsidiaries; Sanctuary Advisors LLC, an SEC-registered funding adviser, Sanctuary Securities, Inc. a FINRA member broker-dealer in addition to Sanctuary Different Holdings, Sanctuary Asset Administration, Sanctuary Insurance coverage Options, Sanctuary International, and Sanctuary International Household Workplace.
SOURCE Sanctuary Wealth
