Elevation Point Enhances Growth with Strategic Stake in Stonebrook

Elevation Point Teams Up with Stonebrook Private for Growth

Elevation Point is making waves in the wealth management landscape by entering a strategic partnership with Stonebrook Private. This collaboration entails Elevation Point investing in Stonebrook Private, a firm recognized for its robust asset management, including over $750 million in assets under management (AUM). This partnership not only signifies a commitment to client-centered services but also seeks to draw on the strengths of both firms to provide enhanced financial solutions.

The Vision Behind the Partnership

Jim Dickson, the founding partner and CEO of Elevation Point, expressed enthusiasm about this alliance. He stated that Stonebrook Private's focus on personalized client experiences aligns perfectly with Elevation Point's core values. The collaboration promises a blend of high-caliber advisory services and innovative wealth management strategies that will benefit clients over the long term.

Driving Transformational Change in Wealth Management

This investment marks the beginning of a new chapter for both firms. Stonebrook Private is celebrated for its fiduciary approach and deeply personalized service, and they are poised to offer tailored solutions that meet the evolving needs of clients. Todd Knickerbocker, one of Stonebrook's co-leaders, emphasized how this partnership would allow them to enhance their operational control while utilizing Elevation Point’s extensive resources to fuel growth.

Industry Recognition and Growth Potential

Stonebrook Private has rapidly ascended the ranks to become one of America's fastest-growing Registered Investment Advisors (RIAs). Recognition from industry leaders signals a robust trajectory for the firm, and with this partnership, the potential for growth becomes even more significant. Clients prioritize independent fiduciary advice, blending investment strategies with comprehensive planning that encompasses tax and estate considerations. This strategic stake is expected to provide a competitive edge in meeting these demands.

Management Team and Expertise

Elevation Point’s leadership comprises seasoned professionals with extensive experience in wealth management. Alongside Jim Dickson, the team includes Brad Smithy, who serves as the head of wealth management, and other key figures like Robert B. Tamarkin and Caitlin Douglas. Their combined expertise is likely to play a crucial role in enhancing Stonebrook Private's service offerings and solidifying its position in the market.

About Elevation Point and Its Mission

Elevation Point is dedicated to creating opportunities for independent advisors through unique minority stake partnerships. This innovative approach fosters an environment where advisory firms can thrive, tapping into resources that propel growth while maintaining their independent identity. With over $3.4 billion in assets under management, Elevation Point is committed to elevating financial advisory practices to new heights, enabling them to offer substantial value to their clients.

Commitment to Transparency and Client-Centric Services

At Elevation Point, transparency is a cornerstone principle. The firm prides itself on providing clear and honest partnerships that prioritize client interests above all. By aligning with firms like Stonebrook Private, Elevation Point enhances its community of advisors who share a common goal: elevating the industry through exceptional client service and innovative wealth management solutions.

Frequently Asked Questions

What is the significance of the partnership between Elevation Point and Stonebrook Private?

This partnership enhances Elevation Point's ability to offer robust financial solutions while allowing Stonebrook to retain its operational independence, ultimately benefiting their clients.

How does Stonebrook Private differentiate itself in the market?

Stonebrook focuses on personalized, fiduciary financial advice and boasts a strong leadership team, allowing it to cater to diverse client needs.

What are the long-term goals of Elevation Point?

Elevation Point aims to empower independent advisors with resources and industry expertise to enhance their service offerings and drive growth.

Who are key figures in the Elevation Point leadership team?

Key leaders include Jim Dickson, Brad Smithy, Robert B. Tamarkin, and Caitlin Douglas, each bringing extensive experience in wealth management.

What is the financial standing of Elevation Point?

Elevation Point oversees over $3.4 billion in assets under management, highlighting its significant presence in the wealth management industry.

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