Sanctuary Wealth Enhances Their Sanctuary One Platform Through BNY Pershing's Wove Integration

Sanctuary Wealth Elevates Client Experience with BNY Pershing's Wove Platform

Sanctuary Wealth has announced an impressive expansion of its renowned multi-custodial wealth management platform, Sanctuary One, through the integration of BNY Pershing's Wove platform. This collaboration aims to empower elite financial advisors with enhanced tools to deliver superior client experiences in a rapidly changing financial landscape.

In an age where financial advisors require flexibility and control to meet the distinct needs of their clients, Sanctuary Wealth has consistently risen to the challenge. By leveraging the capabilities of BNY Pershing’s innovative Wove platform, partners can now access a comprehensive suite of tools designed to give a holistic overview of an investor's financial picture. This integration reflects Sanctuary’s ongoing commitment to not just adapting but thriving amid industry shifts.

Bob Walter, President of Sanctuary Wealth, emphasized the importance of integrating advanced technology as the firm expands its footprint through both organic growth and strategic partnerships. He stated, _“Having the right technology partner as Sanctuary continues to add scale is critical to creating exceptional advisor and client experiences.”_

The Wove platform incorporates an array of BNY Pershing's streamlined products, including Wove Investor, Wove Data, and Wove Advisory, all accessible via a single interface. This unified approach not only enriches the wealth management services offered by Sanctuary’s partner firms but also simplifies advisors' workflows, granting them a comprehensive overview of assets, irrespective of where they are maintained.

Advisors can now leverage the platform's advanced portfolio construction and analytics capabilities, innovative trading features, and an integrated client portal that aligns with Sanctuary’s existing technological ecosystem. This enhances the ability of advisors to offer personalized solutions, reinforcing the relationship with their clients, thereby driving growth.

Ainslie Simmonds, Head of Global Strategy at BNY Pershing, expressed enthusiasm over this partnership, noting that their focus is on empowering advisors. _“We believe in giving advisors the time to focus on their clients by providing them with the necessary technology and solutions,”_ she shared. With Wove, Sanctuary Wealth is positioned to redefine productivity and client engagement in the independent advisory sector.

Feedback from advisors already engaged with the Wove platform demonstrates its potential to significantly transform how they operate. Kevin Pearly, a Private Wealth Advisor at SkyPath Private Wealth, remarked on the platform's capability to unify various tools that advisors typically use in isolation. He noted, _“Wove is designed to bring these tools together, which allows financial advisor teams to dedicate more time to personalized client interactions.”_

About Sanctuary Wealth

Sanctuary Wealth is a leading platform designed for elite advisors, promoting independence while providing the resources and support necessary to build a sustainable practice. With over 120 partner firms nationwide and managing approximately 48 billion dollars in assets, the firm combines freedom and flexibility with cutting-edge technology and operations. Its commitment to delivering exceptional services underscores Sanctuary’s ethos of ensuring that each client receives tailored financial solutions that cater specifically to their needs.

About BNY Pershing

As a key player in global financial services, BNY Pershing excels in managing assets, providing trading services, and delivering innovative financial solutions. With a legacy that spans over 240 years, BNY Pershing stands as a leader in providing cutting-edge solutions necessary to empower financial advisors and their clients. The integration with Sanctuary Wealth serves as a testament to their commitment to fostering lasting partnerships that elevate client service in the financial industry.