Sanctuary Wealth, a firm that provides elite financial advisors with the flexibility, control, and choice to thrive in an evolving industry, announced it onboarded NewSpring Wealth Partners to its growing network. Launched by wealth advisor Kristin Larson, CFP, CPWA, the Minneapolis-based firm manages nearly $200 million in client assets. Before establishing an independent practice with Sanctuary, Larson spent the past nine years serving clients at UBS.
NewSpring Wealth Partners is an independent advisory firm committed to partnering with clients for growing their wealth and achieve the financial confidence they need to make the most out of life. Aiming to simplify finances and protect wealth, Larson created her firm to provide an open, non-judgmental, safe and confidential space where clients can share aspirations, reduce financial stress, and make smart decisions to achieve their goals.
Larson has over a decade of experience in the wealth management industry and takes a highly personalized approach, serving as a trusted financial advisor and advocate for clients. She is a CFP and Certified Private Wealth Advisor. Before founding NewSpring, Larson more recently served as Senior Vice President, Wealth Management and Financial Advisor with the Carlson Larson Wealth Management group at UBS. Before UBS, she served in various planning and client service roles at Wells Fargo Advisors and Ameriprise.
KEY QUOTES:
“We were pleased to invite Kristin to join Sanctuary’s Partnered Independence model and are excited to help her launch NewSpring. Her accomplishments so early in her career are admirable – already being recognized as one of the top next-gen and top woman advisors in the industry. By choosing independence, she has unlocked a valuable asset with a fantastic growth trajectory and can now serve as a true fiduciary for her clients, offering them expanded support, enhanced technology and objective investment solutions. Kristin’s client-focused approach and core values align perfectly with Sanctuary’s, and we look forward to helping her continue making her mark in the business.”
– Vince Fertitta, President of Sanctuary Wealth
“Once I got a glimpse of what is possible in the independent space, I couldn’t unsee how much better I would be able to serve and communicate with clients than continuing to work as an employee. With Sanctuary, I’ve found a true partner who will support my practice, helping me empower mid-career professionals, especially women, who, like me, are starting on new journeys. Access to best-in-class technology, solutions and coaching coupled with the freedom and flexibility to grow my brand as I see fit, made Sanctuary the perfect place to launch NewSpring.”
– Kristin Larson
“It’s my pleasure to welcome Kristin and NewSpring Wealth Partners to the Sanctuary family. As the great wealth transfer continues, women will gain even greater control over the nation’s finances and many will look to accomplished women like Kristin to manage their assets and achieve their financial goals. I’m proud that Sanctuary has the platform and culture that continues to attract such high-quality, women-led partner firms, and we stand committed to ensuring Kristin has all she needs to succeed in the independent space.”
– Adam Malamed, CEO of Sanctuary Wealth
