Since its founding in 2018, Sanctuary Wealth Group has been aggressively recruiting wirehouse breakaways and diving into acquisitions. That has pushed the firm’s footprint to 26 states. Now, Sanctuary’s got an even bigger war chest to fuel its ambitions.
The Indianapolis-based firm says it has received a $175 million investment from Kennedy Lewis Investment Management, a New York-based financial-services and credit management firm.
“We...