A team of Wells Fargo financial advisors who serve international clients have left the firm for Sanctuary Wealth subsidiary Sanctuary Global.

Excelsis Global Private Wealth, formed by eight former Wells Fargo advisors, produces $5.5 million in annual revenue out of offices in McAllen, Laredo and San Antonio, Texas, with a focus on clients in Mexico, Sanctuary Wealth says.

The team includes advisors Marlen Lopez, Roberto Lopez, Erasmo Salinas, Florentino Chapa, Lorena Guerrero, Javier Ordorica, Carlos de la Garza and Rene Perez, as well as registered senior wealth associate Itcel Zuniga and wealth associates Angelica Avila and Claudia Sandoval, according to Sanctuary.

"My partners and I work with a diverse international clientele, who have sophisticated planning and investment needs that we had difficulty meeting as employees of our previous firm," Marlen Lopez says in a statement. “What Sanctuary Global has to offer will allow us to better serve our clients, regardless of where they live.”

Many Wells Fargo advisors with international clients have left the firm in recent months after reports emerged in January that the company is closing its international business in September.

Excelsis, meanwhile, is the largest wirehouse breakaway team to join Sanctuary Global to date, Vince Fertitta, co-president of Sanctuary Global, says in a statement.

Sanctuary Wealth also helped a Wells Fargo team managing $250 million go independent last month.

Sanctuary has also helped several advisors at Merrill Lynch go independent this year, including a team managing $1.5 billion that joined Sanctuary’s network in late April.

Sanctuary has also added advisors from Ameriprise, UBS and Morgan Stanley to its network of independent partner firms.

The Sanctuary Wealth network now has 53 partner firms across 20 states, representing more than $16 billion in assets under advisement, the company says.