Justin R. Koch, an Oklahoma-based advisor formerly with Edward Jones, has opted for independence for his $225 million practice and has joined Sanctuary Wealth. Koch’s new firm will be known as CopperSky Wealth and includes financial advisor and wealth analyst Kari Payne and client service associate Joy York. Sanctuary also announced that CopperSky will use Goldman Sachs as its primary custodian.
“Justin spent his entire career in an employee model and knew the time was right to make the jump to independence and run his own business,” said Vince Fertitta, President, Wealth Management, Sanctuary Wealth. “We established Sanctuary for advisors like Justin who are looking to unlock the asset they have worked so hard to build, create lasting equity in their own businesses and provide clients the distinctive experience they deserve.”
CopperSky will work with first- and second-generation high-net-worth clients to help them achieve their financial goals. The firm intends to incorporate the values of faith, effort, respect, curiosity and perseverance into its wealth management offerings.
“When we chose the path of independence, we had plenty of options, but we were extremely impressed with Sanctuary and how well its values aligned with ours,” said Koch. “From innovative technology to alternative investment solutions to terrific transition support, Sanctuary has helped us hit the ground running and provided us with everything we need to expand our practice. Independence is the right long-term move for me, Kari and Joy, and it’s truly the best environment for our clients. We couldn’t be more excited about the tremendous opportunities ahead of us with Sanctuary and Goldman in our corner.”
Before making the jump to independence, Koch was with Edward Jones for 17 years as a financial advisor, first in Arizona and then in Oklahoma. He holds multiple certifications, including Certified Financial Planner, Certified Private Wealth Advisor and Certified Exit Planning Advisor.
“It’s my pleasure to welcome Justin and the CopperSky Wealth team to our platform,” said Adam Malamed, CEO of Sanctuary Wealth. “We have built the infrastructure, support and resources to provide groups like theirs with the freedom, flexibility, control and choice they need to build on their past success and thrive in today’s evolving landscape. Highly accredited advisors like Justin, with lots of runway, find Sanctuary to be particularly attractive. We look forward to partnering with the team as they take their business to the next level.”
