Ketoret Capital, an independent practice with about $250 million in client assets, has become the first team to join the Sanctuary Wealth network in the greater Chicago metropolitan area, the company announced.

Led by CEO and founding partner Kirill Vorobeychik, the three-member team is headquartered in Wood Dale, Ill., and also includes COO and co-partner Mary Teresa Roberto, and Senior Relationship Manager and co-partner Sue Wolfe.

“We’re extremely pleased to have Kirill and his team at Ketoret Capital join our network, in part because the Chicago market is so dynamic and they’ve been so successful there,” Jim Dickson, CEO and founder of Indianapolis-based Sanctuary Wealth, said in a prepared statement. “We expect this year to be another strong one for Sanctuary as we continue to grow our network both organically and through M&A activity in conjunction with our partner firms.”

Vorobeychik founded Ketoret Capital in 2022 after a career spanning two decades in the financial services industry. Born in Ukraine, Vorobeychik graduated from Kharkov State University in 1996 with a double major in economics and foreign languages.

Fluent in English, Vorobeychik emigrated to the United States and started his career at La Salle Bank in Park Ridge, Ill. In 1997, he joined Smith Barney, where he began building a financial advice practice over the next seven years. Vorobeychik moved to Merrill Lynch in 2007. It was there that he met Vince Fertitta, who joined Sanctuary Wealth in 2019 and now serves as its president. 

Vorobeychik said in the news release that he and his team had performed extensive due diligence before deciding to partner with Sanctuary. 

“The scale of what Sanctuary has to offer with their advisor solution suite and their open architecture platform were far superior to what is available elsewhere in the industry,” he said in the news release. “Past track record with Vince Fertitta while at Merrill added to my confidence in the right fit.”

In the press release announcing Vorobeychik’s partnership with Sanctuary, the advisor said there was also another reason to jump ship at Merrill.

“We chose to start an independent firm because we believe that it will allow us to connect with our clients honestly and ethically, free of politics and corporate agendas, since the most important thing to us is our relationship with our clients,” he said in the release.

Founded in 2018, Sanctuary Wealth currently has over $19 billion in assets under advisement.