tru Independence

Today marks a milestone as tru Independence announces our partnership with Sanctuary Wealth! Separately our firms have successfully recruited top-tier advisors and RIAs on their independence business journey, and together, we will fundamentally transform the RIA industry!  Congratulations to all! #PowerOfPartnership #FinancialAdvisors #FinancialServices #IndependenceOptimized https://lnkd.in/eCZ-2HYi

🚀We are excited to share that we have officially joined forces with Sanctuary Wealth! This is a major milestone for both organizations as we aim to redefine what it means to be a full-service, multi-channel #independentwealthmanagement firm. Together we will offer a suite of solutions unlike any the industry has ever seen designed to empower advisors with the freedom, flexibility and control needed to best serve their clients. With this, our partners will gain access to #Sanctuary’s extensive ecosystem of services including cutting-edge research, alternative investment platforms and premier TAMP, Sanctuary One. As we look to the future, we’re incredibly excited about the possibilities this announcement brings! Read more here: https://hubs.ly/Q02vGldN0 #PowerOfPartnership #FinancialAdvisors #FinancialServices #IndependenceOptimized

📢 We are thrilled to welcome the newest advisor team to our platform - Mindset Wealth Management! Led by co-founders and managing partners Peter Bjelopetrovich, CFS®; Seth Hickle, CMT; James Humphries, JD; and Mark Vandygriff, Mindset is focused on bringing a fresh perspective to portfolio management, striving to achieve better client outcomes. We’re looking forward to guiding the team on their journey to independence! To learn more about the Mindset team read here:

"It may be a big lift for advisors to have an AML program, honestly, it is about time it is a requirement." Our chief compliance officer, Stacy Sizemore, IACCP®, is in favor of the new anti-money laundering rule proposed by FinCEN earlier this week. The new rule would require certain advisors to implement AML programs and report any suspicious activity in efforts to increase transparency and help regulators identify illicit proceeds in the US economy. Rest assured, Stacy and her team are committed to ensuring that tru's Community of RIAs remain compliant and at the forefront of new legislation. To hear more insights from Stacy, and the impact of this new rule on advisors, read here from Gregg Greenberg for InvestmentNews:

Is your firm a business or a practice? This is a question many RIAs need to ask themselves before addressing their succession plans, whether internal or external. The answer for many might come as a surprise, as there are few key differentiators that often go unconsidered, according to our Chief Growth Officer, Craig Butler. To learn how to ensure your firm has a smooth transition as you contemplate succession planning or acquisition options, be sure to check out Craig’s latest article for ThinkAdvisor:

#ICYMI Earlier this year, our President and Chief Innovation Officer Amit Dogra, spoke with Justin Mack for the Financial Planning Podcast and discussed what we really mean when we say "Experience As a Service" and how we truly lighten the work-load for our community of advisors. Thank you to Justin for including Amit's appearance in his top episodes for 2023. To hear more from Amit, be sure to check out the episode here:

📢 After a year of record growth, we are thrilled to announce the opening of a new office location in downtown Philadelphia that will complement our existing headquarters in Portland!  As our community of advisors has continued to expand in the region, it was imperative that we put the support structure in place to serve them. Choosing to call Philly home will allow us to tap into the city’s rich talent pool and establish our presence within this central industry hub. To learn more about our new offices, and for a recap of the amazing year we have had, read here:

We are delighted to announce our strategic partnership with Opto Investments, granting tru advisors and their clients access to Opto’s sophisticated private markets solutions. This includes a carefully curated selection of institutional-grade investment opportunities as well as the tools to create and manage bespoke, white-label funds—all bolstered by Opto’s expertise.   Our founder and CEO, @Craig P. Stuvland, shared: “With Opto, we’ve found a partner that allows us to offer our advisors a true source of practice differentiation in the form of fully customized private markets investments. We were particularly compelled by their mission to build and deliver a solution grounded in objectivity and transparency.” These additional resources are poised to help advisors better service their clients’ rapidly evolving needs. Read more about our partnership with Opto in today’s announcement:

The intricate structure of firms within the wealth management industry can offer various career trajectories for financial advisors. Many advisors initially prefer relationships with large wirehouses but often seek independence later on in their careers. The reasons many advisors pursue independence and exit the wirehouse setting can be varied.   Motivators behind this decision for breakaways often boil down to control of one's business, creating an independent brand and expanding client services according to our CEO, Craig P. Stuvland.  “They want to own their future and the future of their clients to create their own corporate structure, providing ownership for next-generation advisors, attract other advisors, and control their exit or succession strategy with multiple options.” To learn more about Craig's insight on the journey to independence, what might hold advisors back from doing so, and how to address those concerns, be sure to read this article from Julius Buchanan for Wealth Solutions Report:

Yesterday we announced the launch of SpirePoint Private Client. We are excited for Trent Leyda, Kay Campione, Jim Beindorf, CPA and the entire the team at SpirePoint Private Client as they begin their independent journey and we look forward to supporting them in their bright future. Our CEO Craig P. Stuvland, is confident that the RIA industry shows no sign of slowing just yet, and we will continue to be thoughtful about how we bring new clients into our firm. "I think it's indicative of this movement in the breakaway space. We’re still in the early innings of a massive transition from wirehouses to independent advisors, and I think it’s going to accelerate over the next couple of years.”   You can read more about SpirePoint in this article by Ali Hibbs for WealthManagement.com: