On August 17, 2020, Sanctuary Wealth announced a deal to add Fjell Capital to its advisor network.
Under the terms of the transaction, Sanctuary Wealth (“Sanctuary”) will add Fjell Capital (“Fjell”) to its advisor network. Fjell broke away from UBS Financial Services (“UBS”) to join Sanctuary. Tom Stadum, Wealth Advisor at UBS, and Daniel B. Schuster, CRCP at UBS, will lead Fjell moving forward. Further terms of the transaction were not disclosed.
Sanctuary, based in Indianapolis, is a wealth management firm. Sanctuary has approximately $10 billion in assets under advisement.
Fjell, based in North Dakota, is a wealth management firm, providing asset management, retirement planning, wealth transfer, strategic philanthropy, exit planning, and tax and estate services. Fjell has $150 million in assets under management.
To read the article: Please Click Here.