Sanctuary, which is now present in 26 states across the US, has expanded with a clutch of additions to its network business model in recent months.

US wealth management network Sanctuary Wealth is continuing to expand its reach after a series of moves in recent months. In its latest announcement, the firm said it has added Crescent Pine Family Office Group in Rye, New York.

Led by founder and managing partner Ronan O’Byrne, the team will soon include Sam J Berger and Dani Oliveira as business development analysts and firm operations specialists. 

O’Byrne was previously affiliated with Fieldpoint Private Securities and has about $230 million in assets under management.

“The New York metro market is an important one for Sanctuary Wealth’s continued growth. We couldn’t be happier that Ronan O’Byrne chose to launch his independent firm Crescent Pine Family Office Group on the Sanctuary platform,” Jim Dickson, CEO and founder of Sanctuary Wealth said. 

Sanctuary has been busy. For example, it recently brought in SkyPath Private Wealth from Merrill Lynch, a New Jersey-based firm that had $1.2 billion in assets under management. Earlier this month it expanded its network to include Mesa Point Wealth, a Texas-based firm. The Sanctuary Wealth network includes partner firms in 26 states across the country with about $25 billion in assets under advisement.

O’Byrne has been in the financial markets space for more than three decades. At Fieldpoint Private, which he joined in 2014 following a successful 20-year capital markets career, O’Byrne ran a private multi-family office practice working with ultra-high net worth families, wealthy entrepreneurs, and business owner-operators to help identify their aspirations and mitigate generational risk concerns.