The latest moves in wealth management across North America.

Sanctuary Wealth Partners
Sanctuary Wealth Partners has hired RiceBarrett Family Wealth, a wealth advisory firm serving multiple generations of families. 

Founded by wealth advisors Martin Rice, and Beau Barrett, and joined by registered administrative partner, Jan Lasiter, Indianapolis-based RiceBarrett serves local, regional, and national families. 

Rice and Barrett previously spent more than two decades at Merrill Lynch.  Lasiter will continue to address the preferences and priorities of each family. 

Merrill Lynch Wealth Management
Merrill Lynch Wealth Management has appointed Stanley Stephens as market executive for its Texas West community market. 

The newly-created market consists of seven Merrill Lynch offices in Abilene, Lubbock, Midland and Amarillo, Texas, Hobbs and Roswell, New Mexico; and Lawton, Oklahoma. Stephens will lead the Texas West market’s team of Merrill Lynch financial advisors.

He joined Merrill Lynch as an advisor in 2010 and has since served in a variety of leaderhsip roles for the firm. Prior to working in the financial services industry, he held management roles for the Goodyear company for 11 years. He also served for four years in the US Army.

Raymond James
Raymond James has hired financial advisor James Melstrom to Raymond James & Associates in Bloomfield Hills, Michigan.

Melstrom joins Raymond James from UBS, where he previously managed more than $110 million. He has been in the financial industry for more than 25 years, having worked at Prudential Securities and later, Morgan Stanley.