Sanctuary Wealth Continues to Expand NY Metro Footprint with Addition of Questar… – Press Release


Veteran team with $850 million AUM joins from UBS

 INDIANAPOLIS, April 29, 2022 /PRNewswire/ — Sanctuary Wealth, home to the next generation of elite advisors, continues to build its national presence in the New York City metropolitan area with the addition of Questar Capital with offices in Paramus, NJ. Founding Partners Gerry Spitzer, CPWA®, CEPA®, and Richard Reyle have been together as a wealth management team for 30 years and are joined at Questar Capital by Partners Michael Stabinski and Toby Sicango, as well as Registered Operations Manager Alex Davis. Formerly affiliated with UBS Financial Services, the team has $850 million in client assets under management and is Sanctuary’s third New Jersey-based team.

“The New York City area, including New Jersey, Long Island and southern Connecticut is one of the most important markets in the country, and one that Sanctuary is aggressively cultivating, by opening our new office on Madison Avenue and recruiting great teams from around the tri-state area,” said Jim Dickson, CEO and Founder of Sanctuary Wealth. “Richard and Gerry are highly experienced professionals with the drive to always go the extra mile for their clients and who will have even greater opportunities to thrive with Sanctuary.”

“We’ve been in the business for 30 years and have built many long-term client relationships because Gerry and I are committed to always doing what’s best for our clients,” said Richard Reyle, Founding Partner, Questar Capital. “Being able to act as a fiduciary in a truly independent environment is really the only way to really make that happen.”

Richard Reyle directs the investment and trading activities for the team. Most recently, he was Managing Director–Wealth Management with UBS where he was one of a select group of Senior Portfolio Managers providing clients with custom portfolios that tie in directly with their comprehensive financial plans. He began his wealth management career with Merrill Lynch after having been…