Indianapolis-based Sanctuary Wealth has made two appointments to its leadership team, drawing talent from BNY Mellon | Pershing and Wells Fargo to support national and regional growth initiatives.
Michelle McIntyre joins the RIA as its first national business development officer. She previously spent the last four years as a senior business development officer at Pershing.
At Sanctuary, she will work with regional directors and the rest of the firm’s business development team to recruit more breakaway talent and expand outreach to existing independent firms while also supporting the growth of practices already on the Sanctuary platform, according to an announcement.
“In my previous role, I had a unique perspective on the various ways a breakaway could establish independence, and I worked with those already independent as they tried to eliminate the distractions that got in the way of serving clients and growing their businesses,” she said in a statement.
McIntyre will work closely with Sanctuary’s newest West Coast Regional Managing Director Michael Goldfader. Goldfader is stepping into a role vacated by Dylan Isaacs, who left in September to join Rockefeller Global Family Office in a comparable position.
Most recently, Goldfader served as a high-net-worth branch manager for Wells Fargo for four years and, prior to that, spent more than 20 years with UBS and eight with Merrill Lynch.
As regional managing director, he is responsible for recruiting in the western U.S. and serving as an ambassador between them and Sanctuary’s home office.
McIntyre and Goldfader will report directly to Sanctuary President Vince Fertitta.
Sanctuary, which has been majority-owned by Azimut Group since 2021, has reported growing assets by $5 billion—to a total of $30 billion—since receiving a $175 million “growth investment” from Kennedy Lewis Investment Management in 2022.
The firm suddenly terminated founder and CEO Jim Dickson early last year amid a number of executive changes.
"We continue to build out our senior leadership team with the best talent from across the industry and are excited to welcome Michael and Michelle to the firm. They bring unique perspectives to our business and share an advisor-centric mindset,” said Sanctuary CEO Adam Malamed. “It is important that we know what advisors relied on at their previous firm and that we provide them with all they need to serve their clients, free from the constraints of the traditional employee model. The experience Michael and Michelle provide is critical to these efforts.”