Sanctuary Wealth subsidiary Sanctuary Global, headquartered in Miami, has added a seventh team of advisors serving an international clientele, the company announced in a news release.
The news release did not disclose how much the former Wells Fargo team of eight managed in client assets before joining Sanctuary Global, but reported that the Excelsis Global Private Wealth multi-city practice generates $5.5 million in annual revenue and services. It is Sanctuary Global’s first multi-office practice, with offices in McAllen, Laredo and San Antonio, Texas, and it primarily serves clients in Mexico.
Senior wealth advisors and managing partners Marlen Lopez, Roberto Lopez, Erasmo Salinas, Lorena Guerrero, Florentino Chapa and Javier Ordorica are in the McAllen office; senior wealth advisor and managing partner Carlos de la Garza is in the Laredo office; and senior wealth advisor and managing partner Rene Perez is in the San Antonio office. Also joining the team from Wells Fargo are registered senior wealth associate Itcel Zuniga and wealth associates Angelica Avila and Claudia Sandoval.
The Sanctuary Wealth network includes 53 partner firms across 20 states with more than $16.0 billion in assets under advisement.
