$225M Advisor Leaves Edward Jones for Sanctuary Wealth

Sanctuary Wealth has added a financial advisor from Edward Jones, where he oversaw about $225 million in client assets. 

Justin Koch, based in Elk City, OK, launched CopperSky Wealth, which includes financial advisor and wealth analyst Kari Payne, and is joined by client service associate Joy York. 

CopperSky, an investment management firm, offers “white-shoe” services to first- and second-generation high-net-worth clients, businesses, C-Suite professionals, and oil and gas executives, Sanctuary Wealth said. 

CopperSky has selected Goldman Sachs to serve as its primary custodian, the company said.  

Koch chose Indianapolis, IN-based Sanctuary Wealth for its “innovative” technology, tools, and approach to investment management solutions, Sanctuary Wealth said. 

“Independence is the right long-term move for me, Kari and Joy, and it’s truly the best environment for our clients,” Koch said. “We couldn’t be more excited about the tremendous opportunities ahead of us with Sanctuary and Goldman in our corner.” 

In January, Sanctuary Wealth added a $700 million Miami-based international investment firm from Truist Wealth Management. 

Sanctuary Wealth, oversees more than $50 billion in assets under management, with more than 125 partner firms across 32 states, the firm said. 

The post $225M FA Jumps to Sanctuary Wealth from Edward Jones  appeared first on Connect Money.