SLK Private Wealth Brings $300 Million Team to Sanctuary Wealth Network

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SLK Private Wealth, a Sanctuary Wealth partner firm, has added Los Angeles-based advisors Adam Weinstock, CFP® and Eleanor Weinstock to the practice. The team joins from Wells Fargo Advisors and manages over $300 million in assets.

In 2022, Managing Partners Glen Strauss, Jonathan Lewis and EJ Kahn left Wells Fargo to go independent, establishing SLK, a Los Angeles-based $1.6 billion business within Sanctuary’s network.

“Adam and Eleanor run a sophisticated, high-touch advisory business that will fit perfectly with SLK’s culture and approach,” said Strauss He added that Adam Weinstock will take on a leadership role at SLK, where he will be responsible for “bringing on new clients, continuing to build the practice and ensuring seamless client service for decades to come.”

The multigenerational Weinstock team built their practice by providing full wealth management services and support for athletes, entertainers, entrepreneurs and corporate executives.

Weinstock said, “I’ve known and respected the SLK team from our years together at Wells Fargo and have been incredibly impressed with the people and platform at Sanctuary. When the opportunity arose to help manage and grow the practice while providing our clients with greater investment choice and services, the decision to join SLK was easy.”

“Adam and Eleanor made the move to independence based on their trust in their former colleagues and the range of solutions they could offer their clients within the Sanctuary platform. We welcome them and look forward to supporting them as they serve their clients and build equity in their business,” added Vince Fertitta, President of Sanctuary Wealth.

In late April, Sanctuary announced the acquisition of tru Independence, adding 30 RIAs managing $12.5 billion in client assets. More recently, the firm continued to build out its leadership team with the appointment of Envestnet and industry veteran Robert Coppola who will lead the next stage of the firm’s digital strategy by identifying and prioritizing the development of cutting-edge solutions and advancing the firm’s innovative technology platform.