Sanctuary Wealth Introduces 6 Degrees Firm to Help Solo Practitioners and Nascent Advisory Firms Accelerate Their Growth

Key Facts

INDIANAPOLIS, Feb. 11, 2022 /PRNewswire/ -- Sanctuary Wealth, home to the next generation of elite advisors and an active participant in the industry's M&A activity, has formed a joint venture with two of its Texas-based partner firms—Concenture Wealth Management and G Squared Private Wealth, to provide a new avenue to independence for individual advisors and startup practices as well as an attractive exit for advisors looking to retire or gain the support of a larger network.
"The wealth management industry is in the midst of a massive change as older advisors look to exit the business and young ones look to do it on their own with support of a larger partner," said Jim Dickson, CEO and Founder of Sanctuary Wealth.
"Our goal in creating 6 Degrees is to give individual advisors the pricing and synergies of a national firm but with local leadership to help them live the life and grow the business the way they want to," said George Georgiades, CIMA®, Chief Executive Officer, 6 Degrees.
"With the creation of 6 Degrees, they have built something that gives young advisors looking for a leg up and senior ones looking to slow down or retire the benefits of all that Sanctuary has to offer, augmented with focused local support."