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Sanctuary Wealth Successfully Concludes Annual Oasis National Conference, Emphasizing Importance of Bold Ambition in Fast-Evolving Wealth Management Industry

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Hollywood, Florida Event Aligns Inspiring Keynotes, Strategically Valuable Breakouts and Community-Building Networking for Industry’s Most Elite Financial Advisors

Conference Provides First Opportunity for Sanctuary and tru Independence Partner Firms to Engage, Connect and Learn Together Since Combination of Enterprises in May 2024

INDIANAPOLIS, Oct. 18, 2024 /PRNewswire/ — Sanctuary Wealth (Sanctuary), providing elite financial advisors the freedom, flexibility, control and choice to thrive in an evolving industry, announced the conclusion of its annual Oasis national conference that took place in Hollywood, Florida, at The Diplomat Beach Resort Hotel, October 16-18.

The conference saw record attendance, with more than 500 participants, including advisors and registered assistants from Sanctuary and tru Independence Partner Firms, strategic partners, executive leadership and home office staff. This is the first time tru Independence Partner Firms have gathered in the same event since Sanctuary’s acquisition of tru in May 2024.

Community Building and One-on-One Learning Opportunities

Sanctuary was built on the premise that the whole can be greater than the sum of it’s parts and fosters a culture with a steel-sharpens-steel mentality where the best make each other better. Community building is the primary goal of Oasis, and the conference provided many opportunities for advisors to reconnect, share ideas and build deeper personal connections with each other. Many attendees are former wirehouse advisors and relatively new to the independent model, so networking among these colleagues with common experiences is particularly valuable.

Sanctuary once again hosted its popular Growth Village for advisors who wanted to hear from home-office specialists on implementing value-added resources for their practices, from marketing and branding to search engine optimization and media relations.

Conference Theme: Bold Ambition

The 2024 Oasis theme was Bold Ambition, a call for attendees to take decisive action to continue to thrive in the evolving wealth management industry. It included three days of keynote addresses, interactive breakout sessions and community-building networking opportunities with peers from across the growing network.

Adam Malamed, CEO of Sanctuary Wealth, opened the conference by reminding the audience, “Be bold, innovate, and respond to client demand—or risk being left behind. Independent wealth management firms have never had a greater opportunity for growth, and this momentum will continue. Our conference aims to help Partner Firms recognize industry trends and take strategic action to capture these opportunities for client success and business growth.”

The Nexus of Value

As a platform provider, Sanctuary is committed to staying ahead of industry trends — focusing not just on where the industry is, but where it’s headed. This ensures that advisors have a strategic partner that continues to build offerings that will support them well into the future, enabling them to deliver lasting value to their clients.

Malamed added, “Sanctuary is investing to equip affiliated advisors with the tools, products, and solutions necessary for flexibility, growth and long-term success in this dynamic industry.”

At this year’s conference, Malamed introduced Sanctuary’s Nexus of Value, a forward-looking framework built to ensure advisors have a platform that evolves with them.

The Nexus of Value focuses on three core components: Client Engagement, Digital Agility, and the Foundational Elements of independent wealth management businesses. These elements converge to meet the growing and evolving demands of clients’ needs for more personalized services, advanced digital solutions and operational efficiency.

Vince Fertitta, Co-President of Sanctuary Wealth, who oversees all recruitment for the firm, added, “Elite advisors have more choices than ever before when considering independence, and those who have chosen Sanctuary bet on themselves.” 

Co-President Bob Walter added, “You bet on yourself, but you put your faith in Sanctuary to provide the tools and technology to win.” 

Impressive Keynotes and Valuable Educational Sessions

Keynotes for this year’s conference included experts who embody the Bold Ambition theme. Speakers included Mike “Coach K” Krzyzewski a Naismith Hall of Fame basketball coach, five-time national champion at Duke and a six-time gold medalist as head Coach of the US Men’s National Team; Marcus Luttrell, the former Navy SEAL, bestselling author of Lone Survivor and Co-Founder of the Lone Survivor Foundation; Julian Castro, Political Analyst, NBC News and MSNBC; and Morgan Ortagus, CEO and Founder of Polaris National Security and former spokesperson of the State Department.

Attendees also heard updates from Sanctuary executive management, including Adam Malamed, CEO; Vince Fertitta, President; Robert Walter, President; and Mary Ann Bartels, Chief Investment Strategist.

The conference provided multiple opportunities for attendees to identify and develop growth-oriented, actionable business strategies at a series of breakout sessions hosted by Sanctuary’s strategic alliance partners. Stand-out topics included “Private Markets Are Hot: Popular Sectors for Every Type of Investor,” “Chasing Positivity: The New Art of Client Attraction,” which focused on mindset and client growth strategies; and “The Big, Bold, and the Beautiful – Introducing Wove by BNY Pershing” that provided insights into the cutting-edge operating system transforming the wealth management industry. These sessions highlighted critical trends and tools advisors can leverage to fuel their business growth.

Sanctuary Enhancing its Platform with Bold and Ambitious New Solutions

During Oasis, Sanctuary’s executives announced several enhancements to its platform, allowing Partner Firms to better position their practices for success in the evolving wealth management industry while continuing to service their clients with distinction.

Digital Asset Platform: Sanctuary is excited to announce a digital asset platform that will be available to advisors by the end of the year. Built on a foundation of education, training, due diligence and research Sanctuary Wealth advisors will now be able to recommend certain ETFs, models and alternatives in the fast growing digital asset class.

Wove: At Oasis, attendees were given details of the expansion of its multi-custodial wealth management platform through a new partnership with BNY Pershing. The recently announced clearing, custody and technology agreements will provide Sanctuary Partner Firms access to BNY Pershing X’s Wove wealth management platform even with assets held with other custodians and is designed to help connect an investor’s complete financial picture in one place. Wove will allow Sanctuary to continue its growth momentum while offering elevated services to its Partner Firms.
 Affiliation Program: Sanctuary is rolling out a curriculum to complement the capital it provides to support Partner Firm’s inorganic growth efforts. Sanctuary’s high revenue and asset standards preclude some advisors from establishing their own Partner Firm on its platform, and many advisors choose to join existing Partner Firms. Others meet the criteria but prefer to join forces with someone who has already established a firm. The new program formalizes Sanctuary’s commitment to preparing and supporting its Partner Firms in absorbing such inorganic growth opportunities.

Jump AI: Advisors in the Sanctuary network now have full access to Jump’s Advisor AI software to cut meeting-related admin time by up to 90% while improving the client and advisor experience. Jump’s AI tools enable an AI-enhanced client meeting cycle by putting meeting prep, notes, CRM updates, client recap emails, financial planning data, and follow-up tasks on AI autopilot.

Google Testimonials: Sanctuary Wealth is pleased to announce that Google Testimonials have been officially approved for advisor use in line with SEC guidelines. Advisors can now leverage this powerful tool to enhance their marketing and client engagement strategies.

Malamed concluded, “I’d like to thank the advisors and their staff members who took time away from their businesses to attend, especially those from tru Independence who joined us for the first time. I’d also like to thank our strategic alliance partners, who presented terrific content and supported the conference, and our Sanctuary home-office team, who planned and executed a high-quality and flawless event.”

About Sanctuary Wealth

Sanctuary Wealth (sanctuarywealth.com) is the advanced platform for elite advisors with the entrepreneurial spirit to build, own and create lasting equity in their practices while delivering clients the tailored service they deserve. It is committed to providing partner firms with unequaled freedom, flexibility, control and choice through an ecosystem of partnered independence that offers a complete technology and operations platform, support from a community of like-minded advisors and the resources of invaluable affiliated businesses. Sanctuary Wealth offers a Hybrid, Multi-Custodian, Shared ADV platform through its Sanctuary brand and a Multi-Custodian, Own ADV model through its tru Independence brand.

Currently, the Sanctuary Wealth network includes more than 120 partner firms in 30 states nationwide, with approximately $42 billion in assets on platform. Sanctuary Wealth consists of the wholly owned subsidiaries: tru Independence and Sanctuary Advisors LLC, SEC-registered investment advisers, Sanctuary Securities, Inc., a FINRA member broker-dealer, as well as Sanctuary Alternative Holdings, Sanctuary Asset Management, Sanctuary Insurance Solutions, Sanctuary Global, and Sanctuary Global Family Office.

Media Contacts for Sanctuary Wealth

Donald Cutler or Joseph Kuo
Haven Tower Group
424-317-4864 or 424 317 4851
dcutler@haventower.com or jkuo@haventower.com

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SOURCE Sanctuary Wealth

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Narwal Launches the S20 Pro to Revolutionize Smart Home Technology With All-in-One Cordless Vacuum Mop Cleaner

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Company Upgrades Popular Cleaning Solution with Advanced Features and Intuitive Capabilities

NEW YORK, Oct. 18, 2024 /CNW/ — Narwal, the international leader in smart home cleaning, is proud to announce its latest innovative home cleaning device, the Narwal S20 Pro. The new all-in-one, cordless vacuum mop cleaner is set to redefine hard floor cleaning with a zero-tangle brush, auto solution dispensing, and smart self-dry detection. Its advanced features, including AI-powered DirtSense™, 20,000 Pa suction power, and Dual-Edge 0.04 in cleaning ensure robust dirt removal in just one pass.

“The home cleaning market is shifting where efficiency and intelligence are now consumer non-negotiables,” said Junbin Zhang, CEO of Narwal. “Busy lifestyles should not mean compromising a home’s pristine interior. Narwal’s latest model, the S20 Pro, leverages all the automated and intuitive features we’ve perfected and upgraded. We’re introducing a product that not only meets but exceeds the expectations of today’s fast-paced lifestyles. With various key innovations driving the new product, including automated cleaning adjustments and self-cleaning technology, we’re proud to offer a solution for those who demand smarter, quicker, and more effective results in their home cleaning.”

The Narwal S10 Pro received a 4.8 out of 5.0 rating on Amazon and sold out in less than two months. Narwal is offering customers an upgraded solution since the rise in popularity of the S10 Pro. The S20 Pro will include stronger suction, extended battery life, reduced noise level, double-edge cleaning capabilities, intelligent dispensing solution, 180° flat-fold, and zero-tangle head.

Innovating Home Cleaning with Key Advancements

The Narwal S20 Pro is designed to simplify and elevate how consumers clean, combining power and ease in one advanced system. The system is powered by key innovations including:

Vacuum & Mop All-in-One: The S20 Pro effortlessly tackles heavy dirt, debris, and spills in one pass with 20,000 Pa strong suction and dual-edge cleaning technology for edge-to-edge precision. Quickly conquering any spills or messes with ease, its intuitive design and self-cleaning features mean less time spent on chores and more time enjoying the moments that matter most. With the ability to tackle heavy dirt in a single pass, the Narwal S20 Pro transforms daily cleaning routines, offering both speed and precision when it’s needed the most.Self-Cleaning & Drying: The system is equipped with reverse and roller brushes to ensure thorough self-cleaning after every use, making sure it’s always ready for the next task. With the addition of auto solution dispensing, the S20 Pro optimally adjusts the cleaning solution during operation, using high-heat smart drying technology. The S20 Pro leaves no moisture behind, keeping the brushes 100% dry and preventing odors or mold from forming, further enhancing hands-free capabilities.AI DirtSense™ Technology: Intelligent AI integrations intuitively adjust cleaning intensity based on the amount of dirt detected. The system tackles all challenging areas, from light dust to tougher messes. The intelligent detection equips one of five cleaning modes, and interactive LCD & voice prompts drive the device to its performance and ensure every area gets the right level of attention. This intelligent feature means less guesswork, allowing for more efficient cleaning without having to adjust settings manually. It’s cleaning that adapts to your home’s needs with minimal effort required.Effortless Maneuverability: The self-propelling design and 180° flat-reach functionality make navigating tight spaces easy, navigating around furniture, into tight corners, and under low spaces without struggle. The S20 Pro takes the hard work out of cleaning, offering smooth navigation and custom fit to any user’s home layout.Tangle-Free Performance: Equipped with a zero-tangle brush, the S20 Pro ensures hassle-free cleaning by preventing hair from wrapping around the brush, making maintenance quick and easy. Its extended 60-minute runtime provides long-lasting cleaning sessions to keep your home pristine. Despite its powerful performance, the S20 Pro operates quietly, minimizing disruption to your household activities, whether day or night.

Pricing and Availability 

Narwal is excited to offer new home cleaning solutions to U.S. and Canadian customers for the first time at a discounted rate. Customers can use code “NarwalS20” at checkout to get $70 USD off for American customers and $100 for Canadian customers between October 18 and October 31, 2024. Experience the unmatched cleaning performance of The Narwal S20 Pro, available at Amazon US, Amazon CA, us.Narwal.com and ca.Narwal.com.

About Narwal

Narwal is known for using its cutting-edge technology to realize its objective of bringing flawless floors to users. It’s one of the top 5 robotic cleaning manufacturers, with the brand achieving $200 million in sales within two years of introducing its first product and maintaining high double-digit annual growth ever since. Narwal has raised substantial funds from investors including Sequoia Capital, Hillhouse Capital, ByteDance (parent of TikTok), and Tencent, among others. With over 700 researchers and scientists from across the globe, Narwal has made numerous breakthroughs in multiple fields and won prestigious international awards, including the Edison Gold Award, which honors innovation, and Time Magazine’s Best Inventions.

View original content to download multimedia:https://www.prnewswire.com/news-releases/narwal-launches-the-s20-pro-to-revolutionize-smart-home-technology-with-all-in-one-cordless-vacuum-mop-cleaner-302279063.html

SOURCE Narwal

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Restaurant365 Honored by Goldman Sachs for Entrepreneurship

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CEO and Co-Founder Tony Smith Among the Most Exceptional Entrepreneurs at 2024 Builders and Innovators Summit

IRVINE, Calif., Oct. 18, 2024 /PRNewswire/ — Today, Goldman Sachs (NYSE:GS) is recognizing Restaurant365 CEO and Co-Founder Tony Smith as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit in Healdsburg, California.

Goldman Sachs selected Smith from multiple industries to be honored at the two-day event.

Smith’s career has centered on using software to solve business issues across the restaurant industry. As CEO and Co-Founder at Restaurant365, he has worked on designing and creating an integrated back-office restaurant management platform that unifies accounting, inventory, payroll, and HR to support the industry’s continued growth. Today, he primarily focuses on the company vision, culture, growth, and long-term strategy, including integrating AI and automation to power smarter decision-making and drive new levels of efficiency for restaurant operators.

“I am honored to be recognized by Goldman Sachs,” said Smith. “This acknowledgment reflects the dedication of our team and the incredible partnerships we’ve built with restaurant operators across the country. At Restaurant365, our mission has always been to empower restaurants with the tools they need to thrive, and I’m proud of the impact we’re making together.”

“I am thrilled to recognize Tony as one of the most exceptional entrepreneurs of 2024,” said David Solomon, Chairman and CEO of Goldman Sachs. “Tony and his team have built an impressive business that continues to grow at scale. We look forward to bringing this year’s cohort together to share insights on topics ranging from the evolving geopolitical landscape and accessing new pools of capital to using the power of storytelling to reach new audiences.”

In its 13th year, Goldman’s Builders and Innovators Summit is the can’t miss gathering for Founders and CEOs of high growth companies. Previous honorees have gone on to lead multi-billion dollar companies, both in the private and public markets. In addition to honoring the most exceptional entrepreneurs each year, the Summit consists of general sessions and clinics led by seasoned entrepreneurs, academics and business leaders as well as resident scholars.

About Restaurant365®

Restaurant365 is the leading back-of-house accounting, inventory, workforce management, and payroll solution developed specifically for the restaurant industry. R365’s all-in-one restaurant management platform simplifies day-to-day management for leaders at all levels, empowering them to control food costs, optimize labor, and improve guest experiences. Restaurant365’s cloud-based architecture and robust integrations connect it to hundreds of POS providers, vendors, and banks, providing complete, accurate insights that empower managers to take meaningful action. Restaurant365 is headquartered in Irvine, California, and has an office in Austin, Texas. The company is backed by Bessemer Venture Partners, ICONIQ, KKR, L Catterton, and Serent Capital. Additional information is available at restaurant365.com.

About Goldman Sachs

Goldman Sachs is a leading global financial institution that delivers a broad range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

Press related questions about Restaurant365, please contact Restaurant365@nextpr.com

Press related questions about the Summit or Goldman Sachs, please contact Sophia Anthony at Sophia.Anthony@gs.com.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/restaurant365-honored-by-goldman-sachs-for-entrepreneurship-302279822.html

SOURCE Restaurant365

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HONGQI’s New Energy Masterpieces EH7 and EHS7, Captivate at Paris Motor Show 2024

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CHANGCHUN, China, Oct. 18, 2024 /PRNewswire/ — In October 2024, HONGQI made a significant impact at the Paris Motor Show 2024, with the introduction of its all-electric EH7 sedan and EHS7 SUV. This launch marked a pivotal moment in the brand’s expansion into the European market, highlighting its dedication to cutting-edge technology, advanced performance, refined design, and sustainability—offering a new option for customers seeking premium electric vehicles.

The HONGQI EH7 and EHS7 are equipped with high-performance electric drivetrains capable of reaching 22,500 RPM, delivering up to 455 kW of power and 756 Nm of torque, allowing for acceleration comparable to that of supercars. Offering a class-leading WLTP range of 655 km for the EH7 and a robust 600 km for the EHS7, both models support fast charging, charging from 10% to 80% in just 20 minutes—making them ideal for long-distance travel, with enough charge gained during a simple coffee break.

Driving dynamics are further enhanced by an advanced chassis control system with variable damping suspension, effectively minimizing discomfort from road imperfections. The spacious interior, with a 3-meter wheelbase, ensures ample legroom, particularly for rear-seat passengers, making the vehicles suitable for family use. Technology takes center stage, with features such as L2 ADAS, AR-HUD, and a custom HONGQI audio system—all combining to enhance convenience and comfort for the driver.

The HONGQI EH7 and EHS7 have officially opened for orders on October 14, with the starting price for the EH7 set at €49,999 and the EHS7 at €53,999.

To ensure after-sales service, HONGQI is establishing a comprehensive after-sales network throughout Europe. With service centers in 29 countries, HONGQI offers comprehensive support, ranging from routine maintenance to emergency assistance, ensuring peace of mind for customers. By combining excellent driving performance, superior comfort, and advanced technology, HONGQI looks forward to providing European customers with better choices.

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View original content:https://www.prnewswire.co.uk/news-releases/hongqis-new-energy-masterpieces-eh7-and-ehs7-captivate-at-paris-motor-show-2024-302280415.html

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