$4.8B Advisor Duo Launches Firm with Sanctuary Wealth
RIA Sanctuary Wealth has added an Atlanta-based advisory duo that oversees $4.8 billion in combined client assets.
Advisors Bradley Martin and Margaret Wright have launched MartinWright Advisory, which will be functioning under Sanctuary Wealth’s Tru Independence. The duo will custody their clients’ assets with Goldman Sachs Custody Solutions.
MartinWright Advisory provides investment management, estate and tax planning, cash flow analysis, private capital access, and multigenerational financial planning to ultra-high-net-worth families, the firm said.
Prior to launching MartinWright Advisory, Martin was formerly affiliated with RIA Balentine Wealth Advisors, where he oversaw about $2 billion in client assets. Meanwhile, Wright was associated with Truist, where she oversaw about $2.8 billion in client assets.
MartinWright is launching with six staffers, in addition to Martin and Wright, including advisor Hannah Thompson, who joins from Truist, a Sanctuary Wealth spokesperson said to Connect Money.
MartinWright Advisory has tapped Hugh Merkel to lead the firm’s investment team. Merkel previously served as a partner and head of clients and U.S. investment solutions for MercerAdvisors.
“We founded MartinWright Advisory not for ourselves, but for the clients we have the privilege to serve,” Wright said. “We recognize the evolving complexities entrepreneurs and ultra-high-net-worth families face, and we are committed to delivering forward-looking strategies that adapt as their needs, goals and legacies evolve.”
Recently, Sanctuary Wealth added San Antonio, TX-based Marksman Wealth Management, which was founded by president and senior wealth advisor Joseph Schuetze.
Sanctuary Wealth and Tru Independence provide independent firms with a shared Form ADV for documenting their total assets to the SEC and grant firms access to back-office support. Sanctuary Wealth acquired Tru Independence last May.
Pictured: Bradley Martin (Left) and Margaret Wright (Right)
