RIA Network Names Regional Director

Sanctuary Wealth, an advisor network with $30 billion in assets, appoints a former Wells Fargo and UBS executive as a West Coast director.

By Rethinking65

Sanctuary Wealth, an advisor network with approximately $30 billion in assets, has appointed a former Wells Fargo and UBS executive as its West Coast regional director.

Sanctuary, based in Indianapolis, Ind., named Michael Goldfader to the position. Goldfader has 33 years of experience as a financial advisor and senior field leader. He previously was high-net-worth—private wealth leader at Wells Fargo Advisors and The Private Bank in Los Angeles and Orange County, Calif. Before Wells Fargo, he spent 22 years at UBS, most recently serving as market head in Beverly Hills. In addition to managing the Beverly Hills business, he collaborated with financial advisors to aid affluent families in strategic wealth planning, including philanthropic initiatives.

Sanctuary Wealth network includes partner firms in 27 states nationwide with approximately $30 billion of assets on platform. Sanctuary Wealth includes the fully owned subsidiaries; Sanctuary Advisors LLC, an SEC-registered investment adviser, Sanctuary Securities, Inc. a FINRA member broker-dealer as well as Sanctuary Alternative Holdings, Sanctuary Asset Management, Sanctuary Insurance Solutions, Sanctuary Global, and Sanctuary Global Family Office.

Latest news

Demand for Advisor Services Soars, Annual Industry Survey Reveals

The ranks of financial advisors surpassed 1 million in 2023, according to the Investment Adviser Industry Snapshot.

Washington State’s LTC Program May Get Nixed

In November, the state will vote on making the program tax voluntary, which would make the program financially unworkable.

IRS Accepting Applications for Tax Preparation Program Grants

Participating organizations provide free tax counseling to seniors and underserved communities.

Lawsuit Over Wall Street’s ‘Fearless Girl’ is Settled

State Street installed the "Fearless Girl" statue in Manhattan's financial district in March 2017 shortly before International Women's Day.

State Health Plans Must Cover Gender-Affirming Surgery, Appeals Court Rules

Health insurance plans run by U.S. states must cover gender-affirming surgeries for transgender people, a U.S. appeals court ruled.

Lawsuit Against Citi Details ‘Pervasive’ Sexual Harassment

A Citigroup managing director said the bank failed to protect her from a supervisor's violent threats and abuse.