Soteris Private Wealth
Soteris Private Wealth is a boutique independent RIA in Walnut Creek, California, founded in April 2026 by breakaway Merrill Lynch advisors managing approximately $800M for high-net-worth individuals, families, and business owners through integrated planning and advisory services under Sanctuary Wealth.
- Company typePrivate
- Founded2026
- HeadquartersWalnut Creek, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Soteris Private Wealth does
Soteris Private Wealth is a boutique independent registered investment advisor founded in April 2026 by Joshua Erickson and Rob Montierth in Walnut Creek, California. The firm was formed as a breakaway from Merrill Lynch, where the co-founders spent more than a decade each managing approximately $800 million in client assets for over 100 accomplished families. Soteris operates as a partner firm under Sanctuary Wealth's partnered independence (hybrid RIA) model and uses BNY Pershing as its custody provider; it does not develop its own technology stack and instead relies on Sanctuary's platform for planning tools, compliance, and back-office infrastructure.
The firm delivers an integrated wealth management offering organized around six core services: financial and retirement planning, investment management, tax planning and strategies, estate and trust planning, risk and insurance solutions, and philanthropic strategies. Its target market is high-net-worth individuals and families, business owners, and senior executives who require coordinated planning across multiple financial domains and who value fiduciary, objective advice over wirehouse product distribution.
Soteris generates revenue through investment advisory fees tied to assets under management, consistent with the standard independent RIA model; pricing is not publicly disclosed and is negotiated individually based on client complexity and AUM. Go-to-market is relationship-based: the firm relies on referrals, direct outreach, and the professional networks of its founders rather than product-led or digital acquisition. As of launch, the firm has a five-person team (two Managing Partners, one Financial Advisor, one Client Associate, one Office Manager) and serves clients primarily from its Walnut Creek headquarters, with stated nationwide reach enabled through Sanctuary Wealth's infrastructure.
Soteris Private Wealth firmographics
Firmographics- Name
- Soteris Private Wealth
- Legal name
- Soteris Private Wealth is a DBA of Sanctuary Securities, Inc. and Sanctuary Advisors, LLC
- Website
- https://soterispw.com
- Company type
- Private
- Founded year
- 2026
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Soteris Private Wealth is a boutique independent RIA in Walnut Creek, California, founded in April 2026 by breakaway Merrill Lynch advisors managing approximately $800M for high-net-worth individuals, families, and business owners through integrated planning and advisory services under Sanctuary Wealth.
- Ownership category
- akta.pro rank
Soteris Private Wealth industry classification
Industry- Product category
- Wealth Management
- NAICS
- Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Comprehensive/Full-Service RIAs & Independent Wealth Managers (FSAAACAA)
- akta.pro secondary industries
- Private Client/High-Net-Worth Advisory (FSAEAAAN), Registered Investment Advisor (RIA) Wealth Management (FSAEABAA), Advisory Portfolio Management (Non-Discretionary) (FSAAABAD)
Keywords
Where Soteris Private Wealth is headquartered
LocationHeadquarters
- HQ city
- Walnut Creek
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Soteris Private Wealth business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Investment Advisory Services: The firm generates revenue through investment advisory fees, likely based on assets under management (AUM), consistent with typical independent RIA compensation models. As a fiduciary, the firm provides objective advice with fee transparency.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Soteris Private Wealth product offering
Product offeringCore offering
Soteris Private Wealth is a boutique independent advisory firm that delivers integrated wealth management services to high-net-worth individuals and families. Its offerings span financial and retirement planning, disciplined investment management, proactive tax planning, comprehensive estate and trust planning, tailored risk and insurance solutions, and philanthropic strategies, all coordinated through an integrated planning approach under a fiduciary standard.
Product overview
Soteris Private Wealth operates as a boutique independent advisory firm offering a unified wealth management service platform. The firm provides six integrated core services: Financial and Retirement Planning, Investment Management, Tax Planning and Strategies, Estate and Trust Planning, Risk and Insurance Solutions, and Philanthropic Strategies. These services are delivered through an integrated planning approach that coordinates all aspects of clients' financial lives, bringing clarity, alignment, and perspective to every decision. The firm serves high-net-worth individuals and families and operates under Sanctuary Wealth's partnered independence model.
Differentiator
Problem solved
Functional benefit
Products and services
- Financial and Retirement Planning Strategic financial and retirement planning designed to grow, protect, and sustain wealth for the years ahead, delivered through an integrated planning approach for high-net-worth individuals and families.
- Investment Management Disciplined investment management focused on building and preserving wealth through thoughtful asset allocation and long-term strategy for affluent individuals and families.
- Tax Planning and Strategies Proactive tax planning and strategies designed to minimize tax liabilities and enhance after-tax returns over time for high-net-worth clients.
- Estate and Trust Planning Comprehensive estate and trust planning to protect client legacy and ensure assets are distributed according to client wishes across generations.
- Risk and Insurance Solutions Tailored risk and insurance solutions that safeguard client financial well-being against life's uncertainties.
- Philanthropic Strategies Philanthropic strategies that align with client values and transform wealth into meaningful, lasting impact through purposeful giving.
Quantifiable outcome
- $800 million in client assets managed by the founding team
- +1 more outcomes
Companies that use Soteris Private Wealth
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Soteris Private Wealth technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Soteris Private Wealth partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Sanctuary WealthcoreSoteris Private Wealth operates as a partner firm under Sanctuary Wealth's partnered independence model. Sanctuary provides the technology platform, regulatory infrastructure, and institutional-quality resources that enable Soteris to operate as an independent RIA. This hybrid RIA model gives advisors greater ownership, flexibility, and access to comprehensive planning resources and technology tools.
- BNY PershingcoreBNY Pershing serves as the custodian for Soteris Private Wealth's client assets. As the largest custodian in the world, BNY Pershing custodies over $52 trillion in assets and is the longest-standing operating bank in the U.S. (over 250 years). This provides institutional-quality custody infrastructure for the boutique advisory firm.
Scale indicators4 records
Recent moves5 records
Expansion highlights4 records
Soteris Private Wealth competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights5 records
Customer concentration
Soteris Private Wealth social profiles
Digital presenceSoteris Private Wealth financial estimates
Financial estimateRevenue estimate
Valuation estimate
Soteris Private Wealth leadership team
Management profileNumber of profiles
Profiles5 records
Soteris Private Wealth funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Soteris Private Wealth M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Soteris Private Wealth
What does Soteris Private Wealth do?
Soteris Private Wealth is a boutique independent advisory firm that delivers integrated wealth management services to high-net-worth individuals and families. Its offerings span financial and retirement planning, disciplined investment management, proactive tax planning, comprehensive estate and trust planning, tailored risk and insurance solutions, and philanthropic strategies, all coordinated through an integrated planning approach under a fiduciary standard.
Is Soteris Private Wealth a public or private company?
Soteris Private Wealth is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Soteris Private Wealth founded?
Soteris Private Wealth was founded in 2026. It employs 1 to 10 people.
Where is Soteris Private Wealth based?
Soteris Private Wealth is headquartered in Walnut Creek, United States, in the North America region.
How does Soteris Private Wealth make money?
One revenue line is on record: investment Advisory Services.
Does Soteris Private Wealth have an API?
No public API is recorded for Soteris Private Wealth.
What industry is Soteris Private Wealth in?
Soteris Private Wealth's product category is Wealth Management. Its primary akta.pro industry code is FSAAACAA, Comprehensive/Full-Service RIAs & Independent Wealth Managers, with a secondary code of FSAEAAAN, Private Client/High-Net-Worth Advisory. Its NAICS code is 52394 and its SIC code is 6282.