Sanctuary Wealth says it has added yet another team of experienced financial advisors from Merrill Lynch to its network.
Bend, Oregon-based Crosswaters Wealth Management is led by founder Eric White, who has been with Merrill since 1993, Sanctuary says. Since 2009, White served as resident director of Merrill’s Bend, Oregon, office, according to Sanctuary.
Joining him from Merrill are Crosswaters co-founder Malissa White and wealth management associate Virginia Graves, Sanctuary says.
Malissa White became registered with Merrill as a broker in 2000 and as an investment advisor in 2001, according to BrokerCheck.
The team has $230 million in assets under advisement, according to Sanctuary.
The recent addition is Sanctuary’s first team in Oregon, but it’s the 10th team to join from Merrill.
Sanctuary also helped a team of Merrill advisors overseeing $1.22 billion go independent earlier this summer.
Sanctuary's network has also added advisors from Wells Fargo, Ameriprise, UBS and Morgan Stanley.
The Sanctuary Wealth network now has partner firms across 21 states representing more than $17 billion in assets under advisement, the company says.