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$2.2 Billion Connecticut-Based Centel Wealth Advisory Partners with Sanctuary Wealth

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2 years ago

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Highly Successful Team Latest to Choose Sanctuary to Accelerate Growth through Enhanced Services, Technology and Investment Solutions

INDIANAPOLIS, Sept. 13, 2024 /PRNewswire/ — Sanctuary Wealth (Sanctuary), providing elite financial advisors the freedom, flexibility, control and choice to thrive in an evolving industry, welcomes Centel Wealth Advisory (Centel), a New Haven, Connecticut, practice with over $2.2 billion in individual client and institutional assets.

The firm is led by its Founders Stephen Fordyce, CFP, Robert Bowman, CFP and Sam DeGennaro. They are supported by Sue Lyon and John Giannattasio. Fordyce and Bowman will serve as managing partners, while DeGennaro has been named a managing director.

“After years of building a substantial practice as wirehouse employees, Steve and Sam took their first step toward independence a decade ago, leaving behind the conflicts often found at Wall Street institutions, and today embark upon the logical next evolution of their practice by taking full ownership of their business,” said Vince Fertitta, President, Wealth Management, Sanctuary Wealth. “Centel will benefit from the robust ultra-high-net-worth platform we built to address the needs of the 120 other partner firms that have launched similar businesses with Sanctuary. Our platform’s white-glove support, best-in-class infrastructure and integrated technology make it easier for advisors to serve sophisticated clients.” 

A multigenerational practice that focuses on wealth advisory services and institutional plan management, Centel is a completely independent firm, offering its clients access to a comprehensive range of investment and advisory solutions.

Crucially, it values loyalty, partnership, integrity and the opportunity to make a difference. These values form the foundation of the firm’s culture, driving the decisions of its leadership team, strengthening the quality of its relationships with clients and motivating its team every day.

“The independent space has evolved tremendously since Sam and I left the wirehouse world a decade ago, creating greater opportunities and more options than ever before,” said Mr. Fordyce. “My partners and I decided the time was right to assume control and take our business to the next level by launching our own firm and affiliating with a strong partner to enhance the technology, investment solutions and service experience we offer our clients. We look forward to collaborating with the elite network of partner firms they have assembled.”

Adam Malamed, CEO of Sanctuary Wealth, said, “At Sanctuary, we’ve built a platform that continues to attract successful practices from across the wealth management industry. As we continue to grow, our increased scale allows us to invest in the tools, systems and resources to remain at the forefront of our evolving industry. We couldn’t be happier to welcome Centel Wealth Advisory as Sanctuary’s newest partner firm and look forward to working with them in the coming years as they expand their outstanding practice and grow the value of the asset they’ve worked so hard to build.”

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 to 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 $44 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

View original content:https://www.prnewswire.com/news-releases/2-2-billion-connecticut-based-centel-wealth-advisory-partners-with-sanctuary-wealth-302248046.html

SOURCE Sanctuary Wealth

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Putting Young Innovators Center Stage: Leaders In Future Tech+ Wraps with ¥526 Million in Investment Intentions and 31 Enterprise Landings

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2 hours ago

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November 8, 2026

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NANJING, China, Nov. 8, 2026 /PRNewswire/ — On November 7, the grand finale of Leaders In Future Tech+ — a documentary sci-tech innovation program jointly produced by China Media Group, the Ministry of Education, and the Nanjing Municipal People’s Government — aired as the Youth Innovation Carnival.

Since its October 3 premiere, the program traveled to 10 cities across China, selecting 100 teams of young innovators with an average age of just 28 from nearly 500 applicants. Fifteen finalists advanced to the finale, presenting breakthroughs spanning AI chips, optical interconnect, biomedicine, smart agriculture, and more.

To date, the program has facilitated ¥526 million in investment intentions covering 34 participating enterprises, and helped 31 companies reach landing agreements with 11 districts and counties of Nanjing.

At the carnival, the “Leaders In Future Tech+ Little Giant Transformation Plan” was launched, with 13 enterprises selected in the first batch to receive a five-module service system guiding them toward specialized, high-end development.

Behind these numbers is a media-driven innovation model: closed-door investment meetings were turned into open, transparent dialogues, connecting young innovators directly with venture capital firms, academicians, industry experts, and local governments — with the focus not on short-term commercial maturity, but on long-term growth potential.

The finale also showed how technology serves everyday life: non-invasive brain-computer interface demonstrations, low-cost bone-repair materials, and ultra-low-cost fresh-keeping cards that reduce agricultural loss — each a footnote to innovation with human warmth.

With Season One concluded, Season Two recruitment is now open to innovation teams nationwide via China Media Group’s official channels and the Yangshipin app (CMG Mobile). As the program’s message goes: put young innovators at center stage — and hand the future to innovation.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/putting-young-innovators-center-stage-leaders-in-future-tech-wraps-with-526-million-in-investment-intentions-and-31-enterprise-landings-302932710.html

SOURCE China Media Group

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GSMA MWC26 Doha opens with call to align on global industry standards and close MENA’s connectivity gap

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3 hours ago

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November 8, 2026

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Operators, technology leaders, policymakers and innovators gather in Doha today for three days of exhibition, collaboration and debate on the future of connectivity across the Middle East and North Africa

DOHA, Qatar, Nov. 8, 2026 /PRNewswire/ — MWC26 Doha, held in partnership with Qatar’s Ministry of Communications and Information Technology (MCIT), opened today at Doha Exhibition and Convention Centre (DECC), bringing together connectivity ecosystem to shape the next phase of growth for a mobile economy forecast to add $470 billion to the Middle East and North Africa by 2030.

MWC26 Doha officially opened today, in presence of His Excellency Sheikh Saoud bin Abdulrahman bin Hassan bin Ali Al Thani, Deputy Prime Minister and Minister of State for Defence Affairs. His Excellency Mr. Mohammed bin Ali Al Mannai, Minister of Communications and Information Technology, State of Qatar delivered a welcome address.

In his opening remarks, H.E. Mr. Mohammed bin Ali Al Mannai, Minister of Communications and Information Technology, said: “The second edition of MWC Doha takes place at a time when the requirements of telecommunications infrastructure are undergoing fundamental change. As artificial intelligence advances towards executing tasks through intelligent agents, the need for more resilient networks and advanced computing capabilities continues to grow. At the same time, global challenges underscore the importance of diversifying connectivity routes and ensuring service continuity.”

GSMA Director General Vivek Badrinath and ITU Secretary-General Doreen Bogdan-Martin took to the stage for a fireside chat. Mr Badrinath set out the key priorities shaping the region’s connected future, with a continued commitment to global standards keeping networks and services interoperable across markets, as well as a renewed push to extend connectivity to populations that remain offline in MENA.

Vivek Badrinath, Director General, GSMA, said: “Progress only counts if everyone shares in it. That means two things: global standards that keep networks, services and devices working across borders, and a concerted effort to connect the people who are still offline. Over the next three days, MWC Doha, alongside its co-location with ITU’s PP-26, will bring together the policy makers, innovators and industry leaders setting these standards and building these networks, to help make this vision a reality. As the ITU Plenipotentiary continues, we are confident that the enhanced dialog which our co-location has allowed will feed into the important conversations taking place.”

SOURCE GSMA

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Club Offers for Travel Enthusiasts in Germany

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4 hours ago

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November 8, 2026

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BERLIN, Nov. 8, 2026 /PRNewswire/ — Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces five of many new Club Offers for Club Members in Germany.

Rigorously vetted and negotiated for us travel enthusiasts:

FROM €99 PP—HESSE: 3 DAYS AT A CASTLE HOTEL WITH DINNER IN THE KNIGHTS’ HALL
A crackling fireplace and historic suits of armor on the walls: a cozy winter evening at Staufenberg Castle. Included for us Club Members: a 3-course dinner in the Knights’ Hall, which is more than 500 years old.

€499 PP—TUSCANY: VILLA WITH COOKING CLASS & 6-COURSE DINNER
“Fantastic cooking class, wonderful wine tasting, excellent dinner.” Club Members love Villa Patriarca, which is why we’ve negotiated another offer. Save 50% for three nights in a junior suite compared to the market price.

FROM €299 PP—NEW 5-STAR HOTEL IN PORTO WITH FLIGHTS
Three nights in a prime location next to the historic city walls. Views of the Douro River from the outdoor hot tub. A special price to celebrate the opening of this boutique hotel: the offer regularly costs €580.

€89 PP—3 DAYS AT A BOUTIQUE HOTEL ON SYLT
A ship’s wheel on the wall and a historic nautical chart on the ceiling. Or Delft tiles in the bathroom and a tiger-print rug. Every room at Haus Noge is unique. In the off-season, we travel enthusiasts pay €89 instead of €267 per person.

FROM €399 PP—TURKEY: 1 WEEK ALL-INCLUSIVE WITH FLIGHTS
Relax on a sandy beach and soak up the sun at the start of the season in April. Included for Club Members: a sea-view room and all meals and drinks. There’s also a sports and entertainment program, from beach volleyball to tennis.

Are you a travel enthusiast? Join the club today: https://travelzoo.com

Who are we?
We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travelers. Club Members receive Club Offers negotiated and rigorously vetted by our deal experts around the globe. Our relationships with thousands of top travel companies give us access to irresistible deals. Our club and its benefits are built around the lifestyle of a modern travel enthusiast.

Travelzoo
Unter den Linden 40
10117 Berlin

Media Contact: 
Natalia Cwierz – Berlin
+49 30 311 975 20
ncwierz@travelzoo.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/club-offers-for-travel-enthusiasts-in-germany-302932690.html

SOURCE Travelzoo

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