Enclave Wealth Advisors, the investment advisory team led by industry veterans Terry C. Murray, CFP® and Brian P. Westcoat, CFP®, CPFA, will join Sanctuary Wealth. The Walnut Creek, California-based group will be the first of many breakaway advisory teams to join Sanctuary’s network of advisors in June.
Enclave is an independent wealth management firm dedicated to providing highly personalized service and sophisticated wealth management solutions, which are designed to be optimized to each clients’ individual investment goals. The team manages $275 million client assets, generating $1.6 million in revenue.
“We are very excited to join Sanctuary. We have access to technology and business solutions that were not available to us before and that will only augment our clients’ overall experience,” Murray said.
“Doing what is best for our clients and acting as fiduciaries has always been our top priority. Sanctuary was the right strategic partner to guide us on our path to independence,” Westcoat said. “We believe that we’ll be able to grow successfully with access to an expanded range of investment options, operational support, and client services through Sanctuary, which will enable us to maintain our client focus and continue to deliver best-in-class advice.”
“We are very impressed by the team at Enclave, and I am honored to welcome them to join Sanctuary. We believe their strong client-centric approach makes them an ideal fit for our network,” said Sanctuary CEO and founder Jim Dickson.
“Both Terry and Brian have significant investment expertise and operate with a fiduciary mindset, making them invaluable to their clients and to the Sanctuary community. We very much look forward to working with them, helping them grow their business, and having them expand our network into California.”