Elevation Point Announces Strategic Minority Investment in Family Office Partners, a $2.5 Billion Breakaway Team

UBS Private Wealth Veterans Based in Lafayette, Louisiana Launch Independent Firm Backed by Elevation Point's Growth Partnership Model

MINNEAPOLIS, June 20, 2025 /PRNewswire/ -- Elevation Point, a growth accelerator and minority stake partner for independent advisors and breakaway firms, today announced it has made a strategic investment in Family Office Partners, a newly launched independent wealth management firm based in Lafayette, Louisiana serving clients across the southern region. The team, which oversees approximately $2.5 billion in client assets under supervision, is led by a seasoned group of private wealth advisors formerly affiliated with UBS.

Backed by Elevation Point's resources, Family Office Partners was established as a fully independent firm designed to meet clients' evolving needs, without limitations. The 12-person team specializes in working with founders, entrepreneurs, family offices and ultra-high-net-worth families, with a focus on delivering comprehensive solutions associated with business transactions and the related outcomes. The founding team—Benjamin T. Domingue, CEPA®; Travis D. Frayard, CFP®, CIMA®, CEPA®, CPM®, CRPS™; and Shawna S. Prejean—brings more than 60 years of combined industry experience.

"This team has built deep trust with some of the most sophisticated families in the country," said Jim Dickson, CEO and founding partner of Elevation Point. "Their decision to go independent speaks volumes about where the industry is headed, and our role is to ensure they have every advantage as they build a firm that reflects their values, their clients' needs, and their long-term vision."

Family Office Partners specializes in serving families with significant private company interests, helping them navigate business transitions and multigenerational wealth stewardship. The firm provides investment management alongside advanced family office services, including private company transactions and exit planning, corporate solutions such as ESOP strategies and liquidity planning, tax strategy, estate structuring, philanthropic planning, family governance and more.

"In launching Family Office Partners, we didn't simply move from one destination to another, we set out to build our own. One that's purpose-built for the evolving and diverse needs of our clients and families navigating the complexity of private company ownership," said Benjamin T. Domingue, CEPA®, founder and managing partnerof Family Office Partners. "Elevation Point's investment and partnership give us the strategic and operational runway to create a platform that's fully aligned with how we believe families want to be served: holistically, independently, and with the ability to resource solutions no matter where they might exist."

The Family Office Partners team now has access to Elevation Point's full suite of resources and integrated ecosystem, including custody options through the firm's partnerships with Goldman Sachs Custody Solutions and BNY Pershing.

"I've had the privilege of working with Ben, Shawna, and Travis and their team for many years. The scale and specialized nature of their practice are truly impressive, and we're excited to play a part in bringing their vision to life," said Brad Smithy, founding partner and head of wealth management at Elevation Point. "This team understands the nuances of advising families with significant private company interests, and their commitment to delivering deeply personalized, multi-generational solutions aligns perfectly with our mission."

The partnership reflects Elevation Point's distinctive approach in the wealth management space: providing capital, resources, and strategic support to entrepreneurial advisor teams seeking to build and own their next chapter, without compromising independence or control.

Elevation Point's latest strategic investment in Family Office Partners builds on the firm's ongoing momentum, following its recent partnership with Emigrant Partners and the addition of new board members last month.

Schedule a growth consultation with Elevation Point at https://elevationpoint.com/consultation.

About Elevation Point
Elevation Point is a wealth management firm focused on bringing together industry-leading independent advisors through minority stake partnerships with RIAs and breakaway advisors transitioning to independence. Distinguishing ourselves as accelerators in a landscape of aggregators, our growth partnership model empowers advisors to retain control over their futures, with our support. With a core focus on advisor values and clients' evolving needs, our mission is simple: to elevate the entire industry to higher ground.

For more information, please visit elevationpoint.com, and for the latest updates, follow Elevation Point on LinkedIn.

*Client assets as of June 17, 2025, total more than $2.5 billion, and include estimated assets under management of $1,873,000,000.00 and $637,000,000.00 in assets under supervision.

Family Office Partners is a trade name of Elevation Point Wealth Partners, LLC, an SEC-registered investment adviser. Family Office Partners is not a separately registered investment adviser. Investment advisory services are provided by Elevation Point Wealth Partners, LLC. SEC registration does not imply a certain level of skill or training. For additional information, please refer to Elevation Point's Form ADV, available at https://elevationpoint.com/adv/.

This news release is for informational purposes only and is not intended to be, and should not be construed as, an offer, solicitation, or recommendation to purchase or sell any security or an endorsement of any particular investment strategy. The information provided is not intended to be investment, tax, or legal advice.

Investing involves risk, including the potential loss of principal. Past performance is not indicative of future results.

Professional designations are subject to ongoing educational and ethical requirements. For more information about these designations, please visit our website.

Media Contact
Sarah Tremallo
JConnelly
ElevationPoint@jconnelly.com
908-967-0381

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SOURCE Elevation Point