Kevin J. Miller has been named chief legal officer at Sanctuary Wealth, a technology and operational platform for independent financial advisors based in Indianapolis.
Sanctuary also announced the reappointment of Kevin P. Chase as chief compliance officer.
Miller will become a member of the firm's executive leadership team. Chase will resume his role within Sanctuary's senior leadership team. These appointments closely follow the firm's recent hire of industry veteran David Vaughan as chief financial officer.
Miller joined Sanctuary from Carson Group, a family of fast-growing wealth management firms with more than $20 billion in client assets and 140 offices across the country. He brings more than 30 years of experience in the wealth management industry to Sanctuary.
The new appointment and reappointment support Sanctuary’s future growth strategy.
While at Carson Group, Miller served as general counsel and corporate secretary, counseling the executive leadership team and board of directors on all aspects of the firm's corporate strategy, aligning the legal, regulatory, compliance and supervision functions to support robust organic and M&A-driven expansion, Sanctuary said.
"Kevin Miller and Kevin Chase are seasoned wealth management industry veterans who have a proven ability to align legal, regulatory and compliance functions with the needs of sophisticated and demanding wealth managers, as well as their clients. We look forward to leveraging their exceptional experience, industry knowledge and skills to reinforce Sanctuary's success," said Adam Malamed, CEO of Sanctuary, in a statement.
Miller said in a statement, "There is an outsized opportunity for Sanctuary's growth to further surge, given the rising demand among the most sophisticated and successful wealth managers for a platform that delivers on their strategic needs. Legal, regulatory and compliance functions can, and should, play a crucial role in both protecting the businesses of wealth managers and reinforcing their success."
Chase has been with Sanctuary since 2019. Before that, he held compliance supervisory roles at some of the largest wirehouses and independent wealth management firms in the country, including many years at Merrill Lynch, Sanctuary said.