Crosspoint Capital Management hires Sanctuary Wealth Services
Crosspoint Capital Management, an asset management firm serving individuals, RIAs and institutions, has hired Sanctuary Wealth Services to support its business.
Crosspoint Capital Management is an asset manager that uses a proprietary investment model to evaluate the potential risk and reward of owning stocks or being in cash at any given moment.
Crosspoint looks for opportunities to maximise investment return when market conditions are favourable and to reduce risk when markets are in turmoil.
Sanctuary will support Crosspoint with performance reporting, as well as strategic operational, compliance and marketing support.
Crosspoint Capital’s co-founders are Michael Kress, who has more than 40 years of asset management experience; Tony Cantando, senior portfolio manager with responsibility for the firm’s investment process and equity research; and Kyle Shealer, equity strategist, technical analyst and head trader. All three worked together at ThinkEquity before founding Crosspoint.
“Effective portfolio management begins with disciplined risk management,” says Kress. “Crosspoint has a clearly defined methodology that minimises the market’s rollercoaster volatility. We grow client portfolios by executing a disciplined strategy that determines when to be in and out of equities.”
“The Crosspoint team has a terrific 16 year track record, and we’re looking forward to helping increase the awareness of the firm help them grow their assets under management,” says Jeff Spears (pictured), chief executive of Sanctuary Wealth Services. “Crosspoint is the first asset manager to hire Sanctuary and the fourth firm in the past 12 months to partner with us.”
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