Sanctuary Wealth Welcomes $580 Million Indianapolis-Based Private Wealth Advisor from Bank of Montreal (BMO) Wealth Management
July 2025
Sanctuary Wealth welcomes Velorum Wealth Management. An Indianapolis, Indiana practice with $580 million in client assets. Founder and Managing Partner Bernard Reed leads the firm. Formerly with Bank of Montreal (BMO) Private Wealth, Reed decided to start his own firm by moving his practice to Sanctuary’s Partnered Independence model and forming Velorum Wealth Management to expand his offerings and services to high-net-worth clients.