Sanctuary Wealth announced the addition of Bryan Blackburn to its network through Ohio-based Alluvial Private Wealth, which holds Sanctuary’s Enterprise Partner Firm designation. Blackburn joins Alluvial as Vice President, Wealth Advisor, and co-owner of the firm’s Cleveland business. The independent wealth advisor was formerly with Carnegie Investment Counsel, where he managed over $190 million in total client assets.
Alluvial Private Wealth was founded by Lars Olson, who left Merrill Lynch to join Sanctuary in 2021. Over the past five years, Alluvial has grown its client assets from $435 million to over $1.2 billion between its two Ohio locations, Marion and Cleveland.
“Bringing Bryan on as a co-owner of our Cleveland business is an exciting step in Alluvial’s strategic growth plan, where we look to add at least one successful practice to our team every year,” said Olson. “As an independent advisor, Bryan has built an impressive business in Ohio, and we look forward to him using his talents to help us take our Cleveland business to the next level.”
Olson was among the first to earn Sanctuary’s Enterprise Partner accreditation gained through the firm’s Enterprise Partner Program. Enterprise Partners have access to financing and operational support for inorganic growth.
“When Sanctuary introduced me to Lars and his Alluvial team, I knew we were a perfect match both culturally and from an investment management standpoint,” said Blackburn.
“We share a holistic financial planning approach and a focus on helping clients approach wealth management decisions with confidence as opposed to leaving them to chance.”
Adam Malamed, Sanctuary’s CEO, added, “With Sanctuary’s partnered independence support and Lars’ continued embrace of our Enterprise Partner Program, Alluvial is positioned to thrive as the wealth management industry continues to evolve. Bryan made a great choice for his future and that of his clients by joining the leadership of Alluvial.”
Miami-based Sanctuary Wealth has 125 partner firms in 32 states, with over $55 billion in assets on its platform.
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