Sanctuary Wealth Buys $1 Billion RIA In Indianapolis | As featured in Financial Advisor Magazine
Sanctuary Wealth Partners, a wealth manager in Indianapolis, has acquired an investment advisory firm in the same city with $1 billion under management.
Sanctuary, a division of the 110-year-old Noyes Group, has purchased Winthrop Capital Management, a firm “specializing in the management of model portfolios, equity [and] high-grade and high-yield fixed-income portfolios for institutions and private clients,” Sanctuary announced in a press release on Thursday.
Winthrop was founded in 2007 by Greg Hahn, who serves as the firm’s president and chief investment officer, Sanctuary said.
Sanctuary was launched as a division of Noyes Group in May.
“Joining Sanctuary is a tremendous opportunity to take our business even further,” Hahn said in a prepared statement. “We look forward to offering Sanctuary’s financial advisor partners and their clients the benefits of our highly valued proprietary analytic tools, as well as helping advisors deliver positive client outcomes.”