$250 million St. Louis workforce leaves Wells Fargo for partnered independence
INDIANAPOLIS, Aug. 26, 2022 /PRNewswire/ — Sanctuary Wealth, dwelling to the subsequent technology of elite advisors, welcomes Mackie & Waller Wealth Administration Group in St. Louis to its frequently rising community of companion companies. 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 companion agency, Cape Rock Personal Wealth in Jackson, Missouri.
“There are numerous routes from a financial institution or wirehouse to independence and Sanctuary Wealth is all about serving to advisors discover the street that’s proper for them,” stated Jim Dickson, CEO and Founding father of Sanctuary Wealth. “For Mackie & Waller Wealth Administration Group, the fitting path was to share sources with one other considered one of our companion companies, Cape Rock Personal Wealth which can make each companies 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 sources they should make that occur.”
“Earlier than making the transfer to independence we wished to ensure that our shoppers wouldn’t be giving something up. After Justin Martini at Cape Rock Personal Wealth shared his personal expertise of creating the transition, we had been sure that becoming a member of Sanctuary Wealth could be the fitting transfer for us and most significantly for our shoppers,” defined Paul Waller, CFP®, Founding Companion, Mackie & Waller Wealth Administration Group. “By affiliating with Cape Rock and Sanctuary, we may be assured that we’ve got a workforce behind us to deal with issues like oversight, compliance, and the opposite elements of working 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 endorsed 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 School.
Paul Waller had been with Wells Fargo since 2008 and joined Mackie & Waller Wealth Administration Group in 2014. His experience contains 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 via our affiliation with Cape Rock Personal Wealth,” added Peter Mackie, AAMS®, Founding Companion, 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 wished to construct one thing of our personal for a very long time and now we’re capable of do it in a means that may actually profit our shoppers.”
“Peter and Paul felt extra snug sharing sources with considered one of our native companions, and we expect that is nice. We would like 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 apply and has been an impressive companion. He’s extraordinarily excited about rising his agency inorganically via affiliations, tuck ins and acquisitions.”
To be taught 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 technology of elite advisors, who’ve the entrepreneurial spirit to construct and personal their very own practices and need the liberty to ship the tailor-made service their shoppers deserve. Sanctuary Wealth’s ecosystem of partnered independence offers an entire expertise and operations platform, in addition to assist from a group of like-minded advisors and the sources of invaluable affiliated companies. Presently, the Sanctuary Wealth community contains companion companies in 27 states throughout the nation with roughly $25 billion in property underneath advisement. Sanctuary Wealth contains 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