Sanctuary Wealth Facilitates Marriott Wealth Advisors Joining mFORCE Capital

Merit Financial Advisors Acquires Sanctuary Wealth Management and Fiduciary Services

March 19, 2025

Wealth Management

Merit Financial Advisors has acquired Sanctuary Wealth Management, LLC and its subsidiary Fiduciary Services, LLC, expanding Merit's presence into Idaho and adding approximately $1.6 billion in assets. The deal brings Sanctuary's wealth management and ESOP/fiduciary capabilities onto Merit's platform; the three firm owners will join Merit as wealth managers.

Sanctuary Wealth Takes Minority Stake in 1280 Financial Partners

May 15, 2025

Wealth Management

Sanctuary Wealth has welcomed 1280 Financial Partners into its Partner Firms network and took a minority stake through its Strategic Capital Partnership program as the team launches an independent advisory firm. 1280 Financial Partners—whose advisors are based in Fort Myers, FL; Sandusky, OH; Augusta, SC; and Miami, FL—manages about $2 billion in client assets and will leverage Sanctuary's technology, operational infrastructure and solutions (including captive insurance) to support growth and independence.

Sammons Financial Group Acquires Wealthcare Capital Management from NewSpring Holdings

August 6, 2025

Financial Services

Sammons Financial Group has acquired Wealthcare Capital Management from NewSpring Holdings in a transaction announced in mid‑2025. Wealthcare, an advisor‑focused RIA that recently surpassed $9 billion in AUM and supports ~191 advisors across 29 states, will join Sammons to expand the buyer’s wealth management and advisor‑support capabilities.

Sanctuary Wealth Acquires tru Independence

May 1, 2024

Financial Services

Sanctuary Wealth has acquired tru Independence, a Portland-based firm that supports 30 RIA firms managing $12.5 billion in client assets. The combination expands Sanctuary's multi-model platform for independent wealth advisors and brings additional capabilities and affiliation options to elite financial advisors across the RIA channel.

Mercer Advisors Acquires Marrs Wealth Management, LLC

December 31, 2020

Wealth Management

Mercer Global Advisors (Mercer Advisors), a national registered investment adviser headquartered in Denver, acquired Marrs Wealth Management, LLC, an Ames, Iowa-based wealth management firm with approximately $215 million AUM serving ~275 clients. The deal closed December 31, 2020, and four Marrs team members (including founders/LLC members Craig Marrs, Andra Reason, and Nathan Brammer) joined Mercer; the move was driven primarily by succession planning and to expand client services and back-office capabilities.

Wealthcare Acquires Sommers Financial Management

January 12, 2023

Wealth Management

Wealthcare Advisory Partners LLC, a NewSpring Holdings platform company and technology-enabled full-service RIA, has acquired Sommers Financial Management, a fee-only registered investment advisor founded in 2002. The deal expands Wealthcare's direct advisory footprint and adds advisors located in Scappoose, Oregon and Tucson, Arizona to its network of more than 150 advisors managing roughly $5 billion in AUM.