Sanctuary Wealth Expands Global Network with Hillguard Wealth Management Acquisition

Sanctuary Wealth Expands Global Presence

Sanctuary Wealth is starting 2025 with a notable addition to its portfolio, the recruitment of Hillguard Wealth Management. This Miami-based firm brings a wealth of experience and a proven track record in managing substantial assets, totaling approximately $700 million. The partnership signifies Sanctuary's ongoing commitment to providing elite financial advisors the autonomy and resources needed to excel in a competitive landscape.

A New Chapter for Hillguard Wealth Management

Founded and led by Marcello Zaffaroni and Juan Martin Campuzano, Hillguard Wealth Management transitions from Truist Wealth to become a part of the Sanctuary Global Partner Firm network. The firm's relocation to Sanctuary's corporate office situated on Brickell Avenue, Miami, positions it strategically within the financial hub of the region.

Hillguard specializes in comprehensive wealth management, addressing the diverse financial needs of ultra-high-net-worth families both in the U.S. and internationally. The cutting-edge solutions offered by Hillguard include banking, investment management, and credit services, designed to safeguard and grow wealth across multiple generations and borders.

Leveraging Sanctuary's Resources

One of the key advantages of this new partnership is Hillguard's ability to utilize two of Sanctuary's multi-custodian relationships, specifically with the Bank of New York and Goldman Sachs. This provides Hillguard clients with superior options for custodying their assets. Moreover, the firm gains access to Sanctuary Open, a technology-augmented platform that enables comprehensive financial advising for assets located in non-custodial banks worldwide.

Vince Fertitta, President of Sanctuary Wealth, expressed confidence in Hillguard’s alignment with Sanctuary's ethos. He emphasized the increasing demand for alternatives to traditional banking practices, particularly for international clients. Fertitta noted, “This strategic acquisition enhances our capability to cater to specialized international advisors who seek flexibility and independence in serving their clients.”

Experienced Leadership Driving Success

Marcello Zaffaroni, CEO of Hillguard, brings over 25 years of wealth management experience, having previously held roles at Truist Wealth and HSBC. His extensive background equips him with insights into the intricacies of wealth management for international clientele. Zaffaroni commented on the transition: “Choosing Sanctuary as our partner was pivotal. Their understanding of our unique business environment allowed us to control our client experience effectively, ultimately leading to a better alignment with client expectations.”

Juan Martin Campuzano, the firm’s Chief Investment Officer, complements Zaffaroni's expertise with 17 years of wealth management experience, ensuring that Hillguard's clients receive unparalleled service and advice.

The Sanctuary Wealth Network

Sanctuary Wealth provides a dynamic platform that caters to elite advisors who are looking to grow independent practices while delivering superior service to their clients. Its network currently includes over 120 partner firms across 30 states, managing approximately $50 billion in assets on-platform. Sanctuary's diverse operational support allows its partner firms to thrive within a collaborative and resourceful framework.

In summary, the integration of Hillguard Wealth Management into the Sanctuary Wealth family marks a progressive move for both entities, fostering a collaborative environment geared towards innovation and enhanced client service in the wealth management sector. As Hillguard begins this new chapter under Sanctuary’s umbrella, both Zaffaroni and Campuzano anticipate leveraging their strengthened operational capacity to better serve their international clientele and navigate the complexities of global wealth management effectively.