Sanctuary Wealth Expands Network with NewSpring Wealth Partners Joining From UBS

Sanctuary Wealth Expands Network with NewSpring Wealth Partners

In a noteworthy development in the financial advisory sector, Sanctuary Wealth welcomed NewSpring Wealth Partners, led by Kristin Larson, CFP®, CPWA®, formerly of UBS. This strategic integration brings nearly $200 million in client assets into the Sanctuary fold, further solidifying its reputation as a leader in providing flexible and empowering solutions for independent financial advisors.

A Shift Toward Independence

For many financial advisors, the allure of independence is growing stronger. Kristin Larson’s journey exemplifies this trend. For nine years at UBS, Larson honed her skills, but her vision for a more client-centered service model prompted her to venture out on her own. With the launch of NewSpring Wealth Partners, Larson aims to create a supportive environment for both herself and her clients.

“We were thrilled to invite Kristin to join Sanctuary's Partnered Independence model,” commented Vince Fertitta, President of Sanctuary Wealth. “Her recognition as a top next-gen advisor and a leading woman in the industry speaks volumes about her capabilities. By choosing to be independent, she has opened herself to limitless opportunities for growth and enhanced client service.”

Larson articulated her motivations in choosing this new path. “Once I got a glimpse of what is possible in the independent space, I couldn't unsee how much better I could serve clients than as an employee. Sanctuary provides the ideal support system for my practice and empowers me to help mid-career professionals, especially women, navigating their financial journeys.”

The Power of Client-Focused Strategies

NewSpring Wealth Partners is dedicated to its clients, with a core mission of fostering financial security and confidence. Larson’s approach revolves around simplicity and transparency, enabling clients to express their financial aspirations openly. “I wanted to create a safe and judgment-free space for my clients,” Larson explained, emphasizing her commitment to mitigating financial stress and making informed decisions.

This alignment of values with Sanctuary is unmistakable, as both entities prioritize client well-being and personalized service. Larson’s extensive experience—more than a decade in wealth management—positions her as a trusted advisor who champions advocacy for her clients.

Recognition Through Excellence

Kristin Larson’s accolades speak to her commitment and skill in the financial advisory field. She has been recognized multiple times on Forbes' lists of Top Next-Gen and Top Women Wealth Advisors. Such honors reflect not just her personal achievements but also underscore the growing influence of female financial advisors in an industry often perceived as traditionally male-dominated.

“As the trend of wealth transfer continues, women will increasingly control significant financial resources,” added Adam Malamed, CEO of Sanctuary Wealth. “Our platform is designed to attract and support high-quality, women-led firms like NewSpring. We are committed to ensuring that Kristin has everything she requires to thrive in this independent space.”

A Bright Future Ahead

As NewSpring Wealth Partners embarks on this new chapter with Sanctuary Wealth, the potential for success is palpable. With access to advanced technology, a community of like-minded advisors, and resources tailored to their unique needs, Larson is positioned to leverage her expertise and drive growth.

Sanctuary Wealth, with its footprint of over 120 partner firms nationwide and approximately $50 billion in assets, continues to redefine what it means to be an independent financial advisor. By providing a framework that fosters entrepreneurial spirit and personalized service, it stands at the forefront of the evolving financial landscape.

In summary, the union of Sanctuary Wealth and NewSpring Wealth Partners heralds a significant shift towards a model that prioritizes client empowerment and independence. As the financial advisory field undergoes transformation, the future looks bright for those who embrace change and innovation, with visionaries like Kristin Larson leading the way.

Conclusion

With a clear focus on supporting its partners, Sanctuary Wealth not only embodies the essence of modern financial advisory but also paves the way for future leaders in the industry. Together with NewSpring Wealth Partners, they are ready to make an indelible mark in the world of wealth management.