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�㽶APP���� Marks 5-Year Anniversary with Impressive Recruiting Success and Continued Momentum

�㽶APP���� (Sanctuary), home to the next generation of elite advisors, celebrates its fifth anniversary today. Since being founded in 2018, Sanctuary has seen its total client assets under administration increase to more than $25 billion through recruitment, acquisitions and organic growth. In connection with its anniversary, Sanctuary also announced the launch of Haven, a fully integrated advisor platform that elevates the advisor experience, while creating efficiencies and expanding growth opportunities.

“Sanctuary was founded to be the premier destination for elite advisors with sophisticated practices to build and grow their own businesses,” said Adam Malamed, CEO of �㽶APP����. “Our value proposition of ‘partnered independence’ provides the support, service and flexibility entrepreneurial advisors crave, and has been met with significant interest since our inception, making us one of the fastest growing hybrid RIAs in the industry. Building on this momentum in order to support sustained and thoughtful growth for our advisors is our top priority.”

As Sanctuary marks this five-year milestone, the firm is in the strongest financial position in its history and continues to attract best-in-class practices on a regular basis, primarily from the wirehouses. After bringing aboard 18 firms in 2021, and 19 firms in 2022, Sanctuary intends to increase its reach by another 20 firms in 2023. Building these partnerships with top-quality advisors has allowed the firm to expand its footprint to 28 states, coast-to-coast. Sanctuary is committed to forging strong relationships with advisors around the nation who share its values and appreciates its innovative approach to the business.

“On behalf of our executive leadership team, I want to express our gratitude to our employees, advisors and strategic alliance partners for their support and contributions to our incredible success over the past five years,” added Mr. Malamed. “We are excited about the future and will continue to align the intellectual, financial and reputational capital of the firm with our advisors as we deliver the independent culture, growth opportunities and service excellence they demand and deserve.”