Sanctuary Wealth Welcomes Chappell Prosperity Administration as Companion Company
Sanctuary’s largest manufacturing wirehouse breakaway group to day hails from Merrill Lynch and encompasses seven specialists with close to $1.5 billion in AUM
INDIANAPOLIS, Feb. 24, 2023 /PRNewswire/ — Sanctuary Prosperity, dwelling to the subsequent era of elite advisors, welcomed Chappell Prosperity Management as its hottest associate company. The seven-person workforce based mostly in The Woodlands, Texas, is led by Brent Chappell, CFP®, CIMA®, Brad Chappell, CIMA®, Michael Mills, CFP®, and Spencer Carlson, CFA. With shut to $1.5 billion in assets underneath management (AUM), the workforce is the 17th in Texas to select Sanctuary’s design of partnered independence. To day, Chappell Prosperity Management is the biggest making wirehouse breakaway group to sign up for forces with Sanctuary considering the fact that the firm’s start in 2018.
Vince Fertitta, President, Prosperity Administration, Sanctuary Prosperity, explained, “I’ve known Brent and Brad Chappell for lots of yrs from our days alongside one another at Merrill in Texas and maintain them in the optimum regard. They have an exceptional organization, reflecting their properly-gained popularity for integrity, operate ethic, and devotion to clients. We look ahead to supporting Chappell Wealth Management’s ongoing growth and success.”
“When we observed that by partnering with Sanctuary, we would have a preference of custodians with all the flexibility and versatility of best-in-course resources, wrapped up in a framework that mostly gets rid of conflicts of fascination, we just knew this was the ideal location for us,” explained Brent Chappell, CFP®, CIMA®, Running Companion & Founder, Chappell Wealth Administration. “Now, we can wake up each and every working day and search for the ideal methods for all of our clients’ desires, irrespective of who the supplier is. It truly is interesting and energizing to be element of that.”
“By partnering with Sanctuary, we see serious options to expand our business enterprise that were not out there to us formerly and would not exist in a lateral move to an additional wirehouse,” added Brad Chappell, CIMA®, Managing Companion & Founder, Chappell Prosperity Management. “As we did our because of diligence, it turned evident that Sanctuary was the great suit. On top rated of that, they are ready to construct the personalized resources we require for our organization. It’s a partnership we are really excited about for the long run.”
Brent Chappell CFP®, CIMA®, commenced his financial providers occupation in 2002 just after graduating from the University of Texas at Austin with twin levels in Finance and Spanish. His expert credentials consist of earning the Accredited Monetary Planner (CFP®), and Qualified Financial commitment Administration Analyst (CIMA®) designations. He was named to the Forbes Finest-In-State Prosperity Advisors checklist from 2018-2022 and the Finest-in-State Wealth Administration Teams checklist in 2023 as nicely as the Barron’s Top rated 1,200 Monetary Advisors: Condition-by-Condition in 2020, 2021 and 2022.
Brad Chappell, CIMA®, graduated with honors from The University of Texas with a BBA in Finance and commenced operating in money products and services marketplace in 2004. He was with Merrill Lynch from 2006 until eventually the start of Chappell Prosperity Administration and holds the CIMA® designation. He was named to the Forbes Ideal-in-Condition Prosperity Management Teams list in 2023. Other honors include things like Forbes Most effective-in-State Wealth Advisors list in 2021, and the Forbes America’s Prime Up coming-Era Prosperity Advisors, Barron’s Major 1,200 Economical Advisors, and On Wall Street’s Leading 40 Beneath 40 lists in 2020.
Presently in his fifteenth 12 months in financial providers, Taking care of Spouse Michael Mills is a Accredited Fiscal Planner (CFP®) and a graduate of Texas Christian University. Prior to becoming a member of The Chappell Team with Merrill Lynch, he worked for a authentic estate personal fairness company in Dallas, in which he served as Vice President of Money Marketplaces.
With a lot more than 10 yrs in economical providers, Spencer Carlson was a pension actuary ahead of joining The Chappell Team as a fiscal advisor in 2014. He graduated from Brigham Younger College with a degree in Actuarial Science and Economical Mathematics and retains the Chartered Fiscal Analyst (CFA) designation.
Guidance for the staff comes from Chel Larkin, Jaymie Wendt, and Brianna Warren. With 22 several years of working experience prior to signing up for The Chappell Team at Merrill Lynch, Chel Larkin was a Money Middle Manager with Lender of The united states. She attained a BS in Worldwide Enterprise from Arizona State University and an MBA with a concentration in Finance, from Sam Houston Condition University. Jaymie Wendt is a graduate of Texas A&M College and assists with shopper companies and account administration. Brianna Warren is a graduate of Sam Houston Condition University and was an elementary faculty trainer just before joining The Chappell Group in 2015.
“The deep and intensive roots that our management staff has throughout the wirehouse section continue to placement our company as the destination of alternative for wirehouse breakaway advisors,” explained Adam Malamed, CEO of Sanctuary Prosperity. “With obtain to Sanctuary’s open architecture system, cutting-edge engineering, and detailed support, Chappell Wealth Administration is poised for sizeable future success. Similarly important, Chappell Prosperity Management’s determination to align with Sanctuary demonstrates the broader energy of our pipeline and robust advancement prospective clients in the course of this calendar year and outside of.”
To understand extra about Chappell Prosperity Administration, make sure you take a look at www.chappellwealth.com.
About Sanctuary Wealth
Sanctuary Prosperity (sanctuarywealth.com/) is the superior platform for the up coming era of elite advisors, who have the entrepreneurial spirit to create and very own their individual procedures and motivation the independence to provide the tailored services their clientele deserve. Sanctuary Wealth’s ecosystem of partnered independence gives a full engineering and functions platform, as very well as guidance from a local community of like-minded advisors and the sources of priceless affiliated companies. Now, the Sanctuary Prosperity network contains associate corporations in 28 states throughout the country with approximately $25 billion in property underneath advisement. Sanctuary Prosperity incorporates the totally owned subsidiaries Sanctuary Advisors LLC, an SEC-registered expense adviser, Sanctuary Securities, Inc. a FINRA member broker-seller as properly as Sanctuary Option Holdings, Sanctuary Asset Management, Sanctuary Insurance plan Methods, Sanctuary Global, and Sanctuary World Family members Business.
Source Sanctuary Wealth