A Des Moines, Iowa-based group with $100 million in assets under management has become the seventh breakaway to join Sanctuary Wealth’s network of advisors since June.
PrairieFire Wealth Planning, which was launched this year, is led by Matt C. Meline. Meline for the past 17 years has provided financial planning services to families, executives and entrepreneurs, according to a news release.
He previously managed $100 million in assets at Morgan Stanley, the release said.
“The PrairieFire principle comes from my experience of shedding an old mind-set in order to cultivate a more fulfilling one. … When searching for a partner to execute this vision, Sanctuary Wealth was the obvious choice, given its seasoned leadership, business platform and unwavering commitment to a culture of collaboration and growth,” Meline said in the release.
The Indianapolis-based Sanctuary Wealth is an $8 billion partner-owned global wealth management firm.