The last partners are 27e breakaway from Merrill Lynch and 12e Texas crew
INDIANAPOLIS, October 21, 2022 /PRNewswire/ — Sanctuary Wealth, Home to the Next Generation of Elite Advisors, Welcomes Founder-Led Valorous Advisors Christopher D. CervantesC(k)P®CIMA®PCP®and CPFA®. Situated at Map, Texasthe team was previously at Merrill Lynch as Cervantes Group & Associates, advising on approximately $564 million with a specialty in pension plan consulting.
“Christopher Cervantes built a formidable practice during his 23 years at Merrill Lynch and was highly respected within that organization, but like so many of his peers, he realized that independence had much more to offer his team and to its customers,” said Jim DicksonCEO and Founder of Sanctuary Wealth. “Sanctuary’s network of corporate partners is delighted to welcome Valorous Advisors with their extensive expertise in pension advisory.”
“Corporate interference has become increasingly disruptive in recent years. It became clear to me that we could provide our clients with a better experience as an independent firm, without these distractions,” said Christopher CervantesFounder and Managing Partner of Valorous Advisors. “We own our own business and as such we have the autonomy to run it in a way that best suits our customers, but we also benefit from the best in class support and infrastructure provided by Sanctuary Wealth and the financial strength of Bank of New York Mellon Pershing behind us.”
Christopher Cervantes joined Merrill Lynch in 1999 after graduating Baylor University, evolving to the position of Managing Director, Wealth Management Advisor, Investment Consultant with Defined Contribution. During his 23 years with the firm, he continued his professional development by obtaining the title of Certified Fiduciary Advisor (CPFA®), Chartered Investment Management Analyst (CIMA®), 401(k) Certified Professional (C(k)P®), Certified Retirement Planning Advisor (CRPC) and Certified Financial Planner (CFP®) designations. Among the professional distinctions of Cervantes, he counts among Forbes Best State Wealth Advisors 2022, Barrons The Top 1,200 U.S. Financial Advisors, State by State 2021, and FinancialTimes Top 400 Financial Advisors 2020.
Joining him at Valorous Advisors will be his former Merrill Senior Wealth Planner teammates Tracey A. GledhillCPFA®PCP®and relationship manager larry jacksonCPFA®. Gledhill is a 25-year financial services veteran who worked with American Express Financial Advisors, Morgan Stanley and Aflac before joining the Merrill and Cervantes Group in 2015. Jackson spent 26 years at Fidelity Investments before joining the Cervantes Group earlier This year.
“Christopher is fiercely dedicated to his clients and was a star in my division when I was at Merrill Lynch. It is an honor to serve him in the next chapter of his career,” said Vince FertittaPresident, Sanctuary Wealth. “As a Texan myself, I’m proud to have 12 corporate partners in the Lone Star State.”
To learn more about Valorous Advisors, visit: www.valorousadvisors.com.
About Sanctuary Wealth
Sanctuary Wealth (sanctuarywealth.com/) is the advanced platform for the next generation of elite advisors, who have the entrepreneurial spirit to build and own their own practices and desire the freedom to deliver the tailored service that their customers deserve. Sanctuary Wealth’s partnered independence ecosystem provides a comprehensive technology and operational platform, along with the support of a community of like-minded advisors and invaluable affiliate business resources. Currently, the Sanctuary Wealth Network includes partner firms in 27 states across the country with approximately $25 billion in assets under deliberation. Sanctuary Wealth includes wholly owned subsidiaries; Sanctuary Advisors LLC, an SEC registered investment adviser, Sanctuary Securities, Inc., a FINRA member broker, as well as Sanctuary Alternative Holdings, Sanctuary Asset Management, Sanctuary Insurance Solutions, Sanctuary Global and Sanctuary Global Family Office.
SOURCE Wealth of the Sanctuary