Sanctuary Wealth Welcomes Cedar Cove Wealth Partners From Thrivent Advisor Network

MIAMI, Sept. 26, 2025 /PRNewswire/ -- Sanctuary Wealth (Sanctuary), providing elite financial advisors the freedom, flexibility, control and choice to thrive in an evolving industry, welcomes Cedar Cove Wealth Partners (Cedar Cove) to its network. The independent firm is based in Bloomington, Minnesota and has been affiliated with Thrivent Advisor Network for the past five years.

"Cedar Cove conducted extensive due diligence over several years before selecting Sanctuary as their strategic partner," said Vince Fertitta, President of Wealth Management at Sanctuary Wealth. "The team wanted a proven partner with deep experience supporting top-performing practices as they reassert their independence. Cedar Cove was impressed with Sanctuary's innovation and flexibility. With multiple affiliation options, we can match the vision of nearly any top-tier advisor team."

Cedar Cove's team of 14 is led by founding partners and wealth advisors Jennifer Cords, CFP®, BFA™, Ben Johnson, MBA, CFP®, BFA™, and Chris Sipe, CFP®, BFA™. Keith Sapp, CFA®, ChFC®, CLU®, is a partner and the firm's CIO.

"We've spent the last five years getting to know the independent wealth management space," said Cords.  "And while we've learned a lot, grown our team and added clients during this time, we have a vision of where we want to take our business over the next five to 10 years. To expand our offerings to clients and achieve our goals, we wanted to make a change and take full control of our business. We're excited to partner with Sanctuary, where we'll enjoy the flexibility and autonomy we've craved, while taking advantage of an expanded platform with the expertise, resources and support they bring to the table."

"The most successful advisors today are by the experience they deliver to clients—and their proven ability to grow," said Adam Malamed, CEO of Sanctuary Wealth. "At Sanctuary, we're committed to supporting that success across business models, backgrounds, and client segments. Cedar Cove is a strong example of what's possible when vision and capability meet the right platform."

About Sanctuary Wealth

Sanctuary is a leading hybrid RIA, delivering comprehensive wealth management solutions, platform partnerships, and strategic capital investments to sophisticated independent wealth management firms. 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 infrastructure, support from a community of like-minded advisors, the resources of invaluable affiliated businesses and a robust solutions platform. Sanctuary Wealth expanded its affiliation options by acquiring tru independence (tru) in 2024, offering partner firms multiple models to best serve their unique needs.

Currently, the Sanctuary Wealth network includes more than 125 partner firms in 32 states nationwide, with over $55 billion in assets on and in transition to platform . Sanctuary Wealth consists of the wholly owned subsidiaries: Sanctuary Advisors LLC, SEC-registered investment advisers, Sanctuary Securities, Inc., a FINRA member broker-dealer, as well as Sanctuary Alternative Holdings, Sanctuary Asset Management, Sanctuary Insurance Solutions, Sanctuary Global, Sanctuary Global Family Office and tru.

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 

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SOURCE Sanctuary Wealth