Sanctuary Advisors, LLC is a large advisory firm based in Indianapolis. It manages $2.36 billion of regulatory assets for 4,593 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Alabama, Arizona, California, and 32 other states.
Sanctuary Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Sanctuary Advisors, LLC is $2.36 billion. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Sanctuary Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Matthew Mark Reynolds is high net worth individuals with 3,429 clients and $1.8 billion of assets under management. Among the 10 most similar advisory firms, Sanctuary Advisors has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $2.36 billion for 4,593 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Sanctuary Advisors also advises several private funds. Namely, three venture capital funds. The minimum investment commitment required of non-related persons is $25,000 for each fund.
The company employs 71 people that are either part- or full-time employees. 94 percent of the employees work as investment advisers or researchers. 67 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Matthew Mark Reynolds has been acting as President since 1 Sep 2018. Kevin Paul Chase joined the executive team most recently as the Chief Compliance Officer.
The principal office where Sanctuary Advisors, LLC performs its advisory services is located at 250 W, 96 Th St., Indianapolis, IN 46260, which is also the mailing address of the firm. An additional office of the firm is in Elgin, IL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 317-633-1799 or by fax 317-633-1748. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at danoyes.com and its LinkedIn profile.