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Adam Malamed

Chief Executive Officer

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Sanctuary Wealth

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Luminaries 2024 Finalist

RIAs: More Than $10 Billion AUM/AUA

Luminaries 2024 Impact Statement

Under Adam Malamed’s leadership as CEO, Sanctuary Wealth has achieved consistent growth. The recent acquisition of tru Independence significantly expanded the firm’s capabilities, scale and competitive position, creating an entity that supports about 120 independent wealth management firms managing over $42 billion in client assets across 30 states.


Sanctuary’s partnered independence approach, using a shared ADV model, and tru’s expertise in helping advisors establish their own RIAs provide a comprehensive suite of options for advisors seeking independence. Malamed is also a member of the board of directors of the Financial Services Institute, addressing regulatory challenges and promoting the interests of financial advisors and their clients.