About Sanctuary Wealth
Sanctuary Wealth is a company based in Indianapolis (United States) founded in 2018 by Jim Dickson, and was acquired by Azimut in November 2020. It operates as a solutions are provided to wealth managers for client management. Sanctuary Wealth has raised $175 million across 1 funding round from investors including Azimut Group and Kennedy Lewis Investment Management. Sanctuary Wealth has completed 4 acquisitions, including Fuentes Hondermann Wealth Management, Marriott Wealth Advisors and NorthView Asset Management. Its chief executive is Jim Dickson. Sanctuary Wealth offers products and services including Independence Calculator and Growth Platform. Its legal entity is Sanctuary Securities, Inc. Its competitors include Addepar, Altruist, InvestCloud, sei and Avaloq and 5 more; 6 of its 10 listed competitors have raised funding.
Company details
Sanctuary Wealth was founded in 2018 and is based in Indianapolis, United States. Services are offered to wealth managers in the financial sector, focusing on practice growth through strategies, acquisitions, and investment opportunities. Practice management, communications, marketing, financial planning, and analytics are supported. Buy-side and sell-side options, including capital raising, mergers and acquisitions, syndicated transactions, and private placements, are facilitated for advisors.
- Total Equity Funding$175M (USD)
in 1 rounds
- Latest Funding Round$175M (USD), Series D
Jul 2022
- InvestorsAzimut Group
& 1 more
- Investments & AcquisitionsFuentes Hondermann Wealth Management
& 3 more
- Acquired byAzimut
(Nov 2020)
Products & Services of Sanctuary Wealth
Sanctuary Wealth offers a comprehensive portfolio of products and services, including Independence Calculator and Growth Platform.
Tool that calculates net worth benefits for advisors joining the platform.
Integrated platform offering tools for business growth and client management.
Funding Insights of Sanctuary Wealth
Sanctuary Wealth has successfully raised a total of $175M through 1 strategic funding round. The most recent funding activity was a Series D round of $175 million completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $175M
- Total Rounds 1
- Last Round Series D — $175M
- First Round $175M
(Jul 2022)
- Investors Count 1
All 1 funding rounds of Sanctuary Wealth with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2022 | $175M | Series D | – | – |
2 investors in total: 2 institutional.
Investors in Sanctuary Wealth
Sanctuary Wealth has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Azimut Group and Kennedy Lewis Investment Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified investment management services are offered across asset classes. | 2017 | klimllc.com | New York, United States | |
Azimut Group is engaged in asset and wealth management services. | 1989 | azimut-group.com | Milan, Italy |
Investor details for Sanctuary Wealth
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Sanctuary Wealth
25 people are tracked at Sanctuary Wealth (22 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Jim Dickson | Founder & CEO | Leadership |
Vince Fertitta | President | Leadership |
Adam Malamed | CEO | Leadership |
Josh Freeman | Managing Director | Leadership |
David Vaughan | CFO | Leadership |
Lauren Sulkowski | VP, Human Resources | Leadership |
Kevin Miller | Chief Legal Officer | Leadership |
Kevin Chase | Chief Compliance Officer | Leadership |
Lili Kaufmann | Head of Transitions | Leadership |
Robert Walter | President Sanctuary Wealth | Leadership |
Michael Longley | Chief Growth Officer | Leadership |
Carmen Irazola | Head, Marketing & Communications | Leadership |
Richard Williams | MD & Head, Advisor Solutions Group | Leadership |
Phillip R. Porpora Jr. | Managing Director | Leadership |
Eric Nothstein | Head of Business Development | Leadership |
Shanelle Grisso | Director & Head, Platform Education & Community | Leadership |
Jene Hoosier | Chief Operating Officer | Leadership |
Mary Ann Bartels | Chief Investment Strategist | Leadership |
Patrick McGowan | Managing Director, Head of Manager Research & Alternative Investments | Leadership |
Bohn Vergari | Director, Capital Markets Sales And Trading | Leadership |
5 more people are available in the full profile.
Complete people profiles for Sanctuary Wealth
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Sanctuary Wealth
Sanctuary Wealth has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Fuentes Hondermann Wealth Management, Marriott Wealth Advisors and NorthView Asset Management.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Financial advisory services are provided to support client financial needs. | tru-ind.com | – | 2014 | May 2024 | •••• | |
Provider of financial, retirement and wealth management services | mwaretirement.com | Hot Springs Village, United States | 2011 | Jul 2022 | •••• | |
Wealth management and financial advisory services are provided to clients. | fuenteshondermann.com | Miami, United States | 2022 | Apr 2022 | •••• | |
Investment accounting, management, and liability modelling services are provided. | northviewam.com | Austin, United States | 1998 | Oct 2019 | •••• |
Complete acquisition details for Sanctuary Wealth
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Sanctuary Wealth
7 dated milestones of Sanctuary Wealth across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Sanctuary Wealth is founded.
- Acquisition Acquires NorthView Asset Management.
- Exit Acquired by Azimut.
- Acquisition Acquires Fuentes Hondermann Wealth Management.
- Acquisition Acquires Marriott Wealth Advisors.
- Funding First funding round of $175.0M.
- Acquisition Acquires tru Independence.
Competitors of Sanctuary Wealth
Sanctuary Wealth has 10 listed competitors in our database, 6 of them funded. They include Addepar, Altruist, InvestCloud, sei and Avaloq, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| addepar.com | 2009 | Mountain View, United States | $759.1M | 560 | Wealth management solutions are delivered for investment advisors. | |
| altruist.com | 2018 | Los Angeles, United States | $601.5M | 169 | Portfolio management software for financial advisors | |
| investcloud.com | 2010 | West Hollywood, United States | $78.73M | 373 | Investment management software is provided for advisors and institutions. | |
| seic.com | 1968 | Oaks, United States | – | 5,061 | Wealth and investment management solutions are offered to institutional investors. | |
| avaloq.com | 1985 | Zurich, Switzerland | $301.11M | – | Cloud-based solutions for financial institutions are provided by Avaloq. | |
| 360.one | 2008 | Mumbai, India | – | 65 | Asset and wealth management software is provided for businesses. | |
| onevest.com | 2021 | Calgary, Canada | $38.75M | 90 | No-code platform for wealth management is provided by OneVest. | |
| broadridge.com | 2007 | New York, United States | – | 14,600 | Cloud-based accounting and financial management solutions are offered to businesses. | |
| envestnet.com | 1999 | Berwyn, United States | – | 1,342 | Cloud-based solutions are offered for wealth management and financial advising. | |
| milessoft.com | 1999 | Mumbai, India | $1.12M | 210 | Back-office solutions are offered to wealth managers and financial institutions. |
Detailed competitors of Sanctuary Wealth
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Sanctuary Wealth
The website of Sanctuary Wealth (sanctuarywealth.com) receives about 6.6K visits a month.
- Monthly visits6.6K
▲ 50.9% vs previous month
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Frequently Asked Questions about Sanctuary Wealth
Sanctuary Wealth was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Sanctuary Wealth is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.
Jim Dickson is the current CEO of Sanctuary Wealth. They have also founded this company.
Sanctuary Wealth is a funded company, having raised a total of $175M across 1 funding round to date. The company's 1st funding round was a Series D of $175M, raised on Jul 2022.
Sanctuary Wealth was founded in 2018 and is based in Indianapolis, United States. Services are offered to wealth managers in the financial sector, focusing on practice growth through strategies, acquisitions, and investment opportunities. Practice management, communications, marketing, financial planning, and analytics are supported. Buy-side and sell-side options, including capital raising, mergers and acquisitions, syndicated transactions, and private placements, are facilitated for advisors.
Sanctuary Wealth offers Independence Calculator and Growth Platform.
Sanctuary Wealth has made 4 acquisitions, including Fuentes Hondermann Wealth Management, Marriott Wealth Advisors, and NorthView Asset Management.
Sanctuary Wealth has 2 investors. Key investors include Azimut Group, and Kennedy Lewis Investment Management.
Sanctuary Wealth operates through Sanctuary Securities, Inc..
Yes. Sanctuary Wealth was acquired by Azimut in November 2020.