logo
logo

Sanctuary Wealth Receives $175 Million Growth Investment From Kennedy Lewis Investment Management

Jul 13, 2022•about 3 years ago

Amount Raised

$175 Million

IndianapolisAppsSoftwareGovernment And Military

Description

Sanctuary Wealth, home to the next generation of elite advisors, announced it has closed a $175 million investment from Kennedy Lewis Investment Management ("Kennedy Lewis"), a leading opportunistic credit manager. The funds will be used to fuel Sanctuary Wealth's M&A strategy and the organic growth of its partner firms, including advancing key priorities that will enhance the company's technology solutions and talent management initiatives.

Company Information

Company

Sanctuary Wealth

Location

Indianapolis, Indiana, United States

About

Sanctuary Wealth (sanctuarywealth.com/) is the advanced platform for the next generation of elite advisors, who have the entrepreneurial spirit to build and own their own practices and desire the freedom to deliver the tailored service their clients deserve. Sanctuary's ecosystem of partnered independence provides a complete technology and operations platform, as well as support from a community of like-minded advisors and the resources of invaluable affiliated businesses. Currently, the Sanctuary Wealth network includes partner firms across 20 states with over $16.0 billion in assets under advisement. The Sanctuary Wealth Group includes the fully owned subsidiaries Sanctuary Advisors, a registered investment adviser, and the broker-dealer Sanctuary Securities, as well as Sanctuary Alternative Solutions, Sanctuary Insurance Solutions, Sanctuary Global, and Sanctuary Global Tax and Family Office.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Related People