Sanctuary says it is taking an "aggressive" approach to growing its network in California.

US-based Sanctuary Wealth has welcomed Conversant Wealth Management, based in Danville, California to its network of advisory firms. At present Sanctuary covers 12 states and includes more than 33 partner firms with over $9.0 billion in assets under advisement.

Led by founders Jeremy Niederstadt and Jeffrey S Courtemanche, Conversant Wealth Management advises on more than $255 million in client assets. This is the second of Merrill Lynch’s California teams to choose partnered independence with Sanctuary and the fourth Sanctuary team in the state overall.

“We already have a strong presence in California and the addition of Conversant Wealth Management to the Sanctuary network is in total alignment with our aggressive growth strategy,” Jim Dickson, CEO and founder of Sanctuary Wealth, said. 

In addition to founders/senior wealth advisors Niederstadt and Courtemanche, the Conversant Wealth Management team also includes wealth advisor Patrick Kim and client service associate Marina Bauk.