Mirador Capital Partners, an investment management firm, has hired Sanctuary Wealth Services to support its new business.
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Under the agreement, Sanctuary will support Mirador with strategic business, operational, compliance and marketing support. Mirador has chosen Charles Schwab & Co. as its primary custodian.
Mirador was established by Don Garman, who has 21 years of investment management experience. The Mirador’s team also includes Jason Pfannenstiel, Carol Wikle, Dan Murray and Audrey Glafkides. All five worked together at Morgan Stanley prior to Mirador.
Garman said: "Mirador Capital Partners is a closely held business run by family members and long-time associates who can now offer our clients all the advantages of being an independent firm.
"As the wealth management industry continues to evolve, we recognized that working with the team at Sanctuary was the best way to serve our clients and maintain control over our business."
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By GlobalDataJeff Spears, CEO of Sanctuary Wealth Services, said: "Mirador and Sanctuary share the same values and vision for our industry. We’re thrilled to welcome Mirador to the Sanctuary network, which now has six firms with 18 senior advisors."
