SANCTUARY WEALTH EXPANDS AND ENHANCES ITS SANCTUARY ONE PLATFORM WITH BNY
Sanctuary Wealth has announced an expansion of its multi-custodial wealth management platform through integration with BNY Pershing's Wove platform. The enhanced Sanctuary One platform will provide partner firms with a comprehensive suite of tools including Wove Investor, Wove Data, and Wove Advisory through a single interface. The integration aims to streamline advisor workflows by enabling holistic asset viewing and offering portfolio construction tools, trading features, and an integrated client portal.
The platform's foundational framework is designed to accommodate future integrations without service disruption, allowing Sanctuary partner firms to improve client experience and operational efficiency. This technological enhancement supports Sanctuary's growth strategy through organic expansion, acquisitions, and partnerships with wealth management firms.
Sanctuary Wealth ha annunciato un'espansione della sua piattaforma di gestione patrimoniale multi-custodiale attraverso l'integrazione con la piattaforma Wove di BNY Pershing. La piattaforma Sanctuary One potenziata offrirà alle aziende partner una gamma completa di strumenti, tra cui Wove Investor, Wove Data e Wove Advisory, tramite un'unica interfaccia. L'integrazione mira a semplificare i flussi di lavoro degli advisor, permettendo una visione olistica degli asset e offrendo strumenti per la costruzione di portafogli, funzionalità di trading e un portale cliente integrato.
Il framework di base della piattaforma è progettato per accogliere future integrazioni senza interruzioni del servizio, consentendo alle aziende partner di Sanctuary di migliorare l'esperienza del cliente e l'efficienza operativa. Questo miglioramento tecnologico supporta la strategia di crescita di Sanctuary attraverso espansione organica, acquisizioni e partnership con aziende di gestione patrimoniale.
Sanctuary Wealth ha anunciado una expansión de su plataforma de gestión patrimonial multi-custodia a través de la integración con la plataforma Wove de BNY Pershing. La plataforma mejorada Sanctuary One proporcionará a las empresas asociadas un conjunto integral de herramientas, incluyendo Wove Investor, Wove Data y Wove Advisory a través de una única interfaz. La integración pretende simplificar los flujos de trabajo de los asesores, permitiendo una visión holística de los activos y ofreciendo herramientas para la construcción de portafolios, funciones de trading y un portal integrado para clientes.
El marco fundamental de la plataforma está diseñado para acomodar futuras integraciones sin interrupciones en el servicio, permitiendo a las empresas asociadas de Sanctuary mejorar la experiencia del cliente y la eficiencia operativa. Esta mejora tecnológica apoya la estrategia de crecimiento de Sanctuary a través de la expansión orgánica, adquisiciones y asociaciones con firmas de gestión patrimonial.
Sanctuary Wealth는 BNY Pershing의 Wove 플랫폼과의 통합을 통해 다중 수탁 관리 플랫폼의 확장을 발표했습니다. 향상된 Sanctuary One 플랫폼은 파트너 기업에 Wove Investor, Wove Data 및 Wove Advisory를 포함한 포괄적인 도구 모음을 단일 인터페이스를 통해 제공합니다. 이 통합은 자산을 전체적으로 볼 수 있도록 하여 고문의 작업 흐름을 간소화하고 포트폴리오 구성 도구, 거래 기능 및 통합된 클라이언트 포털을 제공합니다.
플랫폼의 기본 프레임워크는 서비스 중단 없이 향후 통합을 수용하도록 설계되어 있어 Sanctuary의 파트너 기업들이 고객 경험과 운영 효율성을 개선할 수 있게 합니다. 이 기술적 개선은 유기적 성장, 인수 및 자산 관리 회사와의 파트너십을 통해 Sanctuary의 성장 전략을 지원합니다.
Sanctuary Wealth a annoncé une expansion de sa plateforme de gestion de patrimoine multi-dépôts grâce à l'intégration avec la plateforme Wove de BNY Pershing. La plateforme Sanctuary One améliorée fournira aux entreprises partenaires une suite complète d'outils, y compris Wove Investor, Wove Data et Wove Advisory, via une interface unique. L'intégration vise à rationaliser les flux de travail des conseillers en permettant une vue holistique des actifs et en offrant des outils de construction de portefeuille, des fonctions de trading et un portail client intégré.
Le cadre fondamental de la plateforme est conçu pour accueillir de futures intégrations sans interruption de service, permettant aux entreprises partenaires de Sanctuary d'améliorer l'expérience client et l'efficacité opérationnelle. Cette amélioration technologique soutient la stratégie de croissance de Sanctuary grâce à une expansion organique, des acquisitions et des partenariats avec des entreprises de gestion de patrimoine.
Sanctuary Wealth hat die Erweiterung seiner Multi-Custody-Vermögensverwaltungsplattform durch die Integration mit der Wove-Plattform von BNY Pershing bekannt gegeben. Die verbesserte Sanctuary One-Plattform wird Partnerunternehmen eine umfassende Suite von Tools anbieten, darunter Wove Investor, Wove Data und Wove Advisory, über eine einzige Schnittstelle. Die Integration zielt darauf ab, die Arbeitsabläufe der Berater zu optimieren, indem sie einen ganzheitlichen Überblick über die Vermögenswerte ermöglicht und Werkzeuge zur Portfoliokonstruktion, Handelsfunktionen und ein integriertes Kundenportal bietet.
Der grundlegende Rahmen der Plattform ist so gestaltet, dass zukünftige Integrationen ohne Unterbrechung des Dienstes möglich sind, wodurch es den Partnerunternehmen von Sanctuary ermöglicht wird, das Kundenerlebnis und die Betriebseffizienz zu verbessern. Diese technologische Verbesserung unterstützt die Wachstumsstrategie von Sanctuary durch organische Expansion, Akquisitionen und Partnerschaften mit Vermögensverwaltungsgesellschaften.
- Integration with BNY Pershing's Wove platform enhances service capabilities
- Platform enables streamlined workflow and improved operational efficiency
- Framework supports future integrations without service disruption
- Technology upgrade supports company's growth strategy
- None.
Insights
The integration of BNY Pershing's Wove platform into Sanctuary's infrastructure represents a significant technological advancement in wealth management operations. The platform's unified interface addresses a critical pain point in the industry - the fragmentation of advisor tools and data. By consolidating portfolio construction, analytics, trading and client portal features, Wove creates operational efficiencies that could meaningfully reduce administrative overhead and improve service delivery.
The platform's interoperable architecture and future-ready framework suggest strong scalability potential, which is important for Sanctuary's growth strategy. The emphasis on data integration and holistic asset viewing capabilities aligns with modern wealth management trends toward comprehensive financial planning and improved client transparency. This technology upgrade positions Sanctuary competitively in the high-net-worth advisory space.
This partnership strengthens BNY Pershing's position in the wealth management technology space and demonstrates their commitment to modernizing their service offerings. The Wove platform integration represents a strategic move to capture more market share in the growing RIA segment. For BNY Pershing, this showcases their ability to serve sophisticated wealth management firms and could lead to additional enterprise partnerships.
The platform's comprehensive feature set, including portfolio analytics and trading tools, positions it as a competitive offering against established players like Envestnet and Black Diamond. This technology investment by Sanctuary indicates their focus on operational efficiency and scalability, which is important for maintaining profitability as they continue their expansion through acquisitions and partnerships.
Integration of BNY Pershing's Wove Platform Allows Sanctuary Partner Firms to Elevate Client Experience
All Sanctuary partner firms will now have access to the upgraded Sanctuary One platform powered by BNY Pershing's Wove, designed to help connect an investor's complete financial picture in one place.
"Having the right technology partner as Sanctuary continues to add scale through organic growth, strategic acquisitions and ongoing partnerships with elite wealth management firms is critical to creating exceptional advisor and client experiences," said Bob Walter, President, Sanctuary Wealth. "With its seamless integration of technology tools into a single, data-driven interface, Wove platform allows our partners to elevate their wealth management offering. We're excited to collaborate on the launch of Wove, to enhance our offerings and empower our partner firms to do more for their clients."
The Wove platform incorporates BNY Pershing's interoperable suite of products, including Wove Investor, Wove Data and Wove Advisory through a single source. Through a foundational framework designed to enable future integrations without disruption to services, Wove enables Sanctuary partner firms to improve the experience they provide to clients. It also streamlines the advisor's workflow, letting them view assets holistically, regardless of where assets are held to better service Sanctuary's clients. This platform includes portfolio construction and analytics tools, innovative trading and rebalancing features, a proposal tool and a client portal integrated with Sanctuary's existing tech stack.
"We are thrilled to help Sanctuary and their partner firms' growth ambitions by providing their advisors with next-generation solutions to meet their clients' evolving needs today and for the future," said Ainslie Simmonds, Head of Global Strategy, BNY Pershing and President, BNY Pershing X. "We believe in empowering advisors to spend more time focused on their clients by providing them with investment technology and solutions to seamlessly connect all the components of their clients' financial picture in one place and meaningfully cuts down on administrative tasks."
Kevin Pearly, Founding Partner and Private Wealth Advisor at SkyPath Private Wealth and a member of Sanctuary's Wove pilot group added, "Sanctuary is leading the way by integrating Wove platform into its partner firms, setting a new standard for productivity and client service. Independent advisors have access to up-to-date and cutting-edge technology, however, often these applications do not communicate with each other. Wove is designed to solve for this by bringing these tools together, providing financial advisor teams the potential to focus more time on personalized client engagement, strengthening relationships and driving business growth."
About Sanctuary Wealth
Sanctuary Wealth (sanctuarywealth.com) is the advanced platform for elite advisors with the entrepreneurial spirit to build, own and create lasting equity in their practices while delivering clients the tailored service they deserve. It is committed to providing partner firms with unequaled freedom, flexibility, control and choice through an ecosystem of partnered independence that offers a complete technology and operations platform, support from a community of like-minded advisors and the resources of invaluable affiliated businesses. Sanctuary Wealth and its tru Independence brand offers partner firms multiple affiliation models to best serve their unique needs.
Currently, the Sanctuary Wealth network includes more than 120 partner firms in 30 states nationwide, with approximately
About BNY
BNY is a global financial services company that helps make money work for the world — managing it, moving it and keeping it safe. For 240 years we have partnered alongside our clients, putting our expertise and platforms to work to help them achieve their ambitions. Today we help over
BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). We are headquartered in
BNY Pershing (member FINRA, NYSE, SIPC) is a leading provider of clearing and custody, trading and settlement, advisory and investment solutions, data insights, business consulting and other services to wealth management and institutional firms looking to grow their businesses.
Brokerage custody provided by Pershing LLC, member FINRA, NYSE, SIPC, a BNY company. Brokerage services may be provided by Pershing Advisor Solutions LLC, member FINRA, SIPC. Bank custody provided by BNY Mellon, N.A, member FDIC. Investment advisory services, if offered, may be provided by BNY Mellon Advisors, Inc., an investment adviser registered in
Media Contacts for Sanctuary Wealth
Donald Cutler or Joseph Kuo
Haven Tower Group
424-317-4864 or 424 317 4851
dcutler@haventower.com or jkuo@haventower.com
Media Contacts for BNY Pershing
Courtney Woolston
Courtney.woolston@bny.com
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SOURCE Sanctuary Wealth
FAQ
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