Indianapolis-based Sanctuary Wealth has made two appointments to its leadership team, attracting talent from BNY Mellon | Pershing and Wells Fargo to support national and regional growth initiatives.
Michelle McIntyre joins RIA as its first national business development officer. She previously spent the past four years as senior business development officer at Pershing.
At Sanctuary, she will work with regional directors and the rest of the firm's business development team to recruit more breakout talent and expand outreach to existing independent firms, while also supporting the growth of practices already on the Sanctuary platform , according to a release.
“In my previous role, I had a unique perspective on the different ways a spin-off could create independence, and I worked with already independents as they tried to eliminate distractions that hindered customer service and growing their businesses. ,” she. said in a statement.
McIntyre will work closely with Sanctuary's newest West Coast Regional Managing Director, Michael Goldfader. Goldfader is moving into a role vacated by Dylan Isaacs, who left in September to join the Rockefeller Global Family Office in a similar position.
Most recently, Goldfader served as a high net worth branch manager for Wells Fargo for four years and, prior to that, spent more than 20 years with UBS and eight with Merrill Lynch.
As regional managing director, he is responsible for recruiting in the western US and serving as an ambassador between them and Sanctuary's home office.
McIntyre and Goldfader will report directly to Sanctuary President Vince Fertitta.
Sanctuary, which has been majority-owned by Azimut Group since 2021, has reported a $5 billion increase in assets – to a total of $30 billion – since receiving a $175 million “growth investment” by Kennedy Lewis Investment Management in 2022.
The firm abruptly terminated founder and CEO Jim Dickson early last year in the middle of a number of executive changes.
“We continue to build our senior management team with the best talent from across the industry and are excited to welcome Michael and Michelle to the firm. They bring unique perspectives to our business and share an advisor-focused mindset,” said CEO of Sanctuary Adam. Malamed. “It's important that we know what advisors relied on at their previous firm and provide them with everything they need to serve their clients without the constraints of the traditional employee model. The experience that Michael and Michelle provide is critical to these efforts.”