Indianapolis-based Sanctuary Wealth is expanding its multi-custodial wealth management platform through a new partnership with BNY Pershing, according to Alternatives Watch.
The new clearing, custody and technology agreements, announced at Sanctuary Wealth’s national conference that took place in Hollywood, Fla., on Oct. 16-18, will give Sanctuary advisers access to BNY Pershing X's Wove wealth management platform.
Sanctuary Wealth also announced it is expanding its digital asset capacity with a new platform available to advisers by the end of the year. It will allow affiliated advisers to be able to recommend certain ETFs, models and alternatives in the digital asset class.
“Sanctuary is investing to equip affiliated advisers with the tools, products and solutions necessary for flexibility, growth and long-term success in this dynamic industry,” said Adam Malamed, CEO of Sanctuary Wealth.