Elevation Point Secures Strategic Minority Investment from Emigrant Partners

Capital Infusion and Credit Facility to Accelerate Expansion While Preserving Independence and Culture

MINNEAPOLIS, May 6, 2025 /PRNewswire/ -- Elevation Point, a strategic growth partner and minority investor supporting independent advisors and breakaway teams, today announced it has received a strategic minority investment from Emigrant Partners, a leading capital and advisory partner to the wealth and asset management industry. As part of the partnership, Emigrant has established a significant senior debt facility to further fuel Elevation Point's expansion.

"We're thrilled to partner with Emigrant Partners, a trusted name in minority investing and part of one of the most respected family-owned institutions in the world of wealth management," said Jim Dickson, Founding Partner and CEO of Elevation Point. "Liz Nesvold, a longtime friend and trusted advisor whose leadership and industry acumen inspire tremendous confidence, led our collaboration with the Emigrant team, marking the beginning of a long-term relationship as we enter our next phase of growth."

The partnership will enable Elevation Point to broaden its suite of services for high-net-worth and ultra-high-net-worth clients, enhance family office capabilities, and accelerate its onboarding of advisory teams. Financial terms were not disclosed.

"Elevation Point's expertise and mission align with our commitment to providing our partner firms with the support and tools they need to achieve their goals for growth and succession," said Liz Nesvold, Chair of Emigrant Partners. "Like us, Jim and the team at Elevation Point understand and appreciate the entrepreneurial mindset, and together, we can help independent advisors take their businesses to the next level."

Emigrant Partners is a specialist capital and advice partner with an 18-year track record for making minority, non-voting investments into leading wealth management businesses. It is one of the cornerstone units within Emigrant Bank and Milstein Companies, a fourth-generation, family-owned operating entity. Milstein Companies owns or has invested in some of the most elite businesses and brands in wealth solutions, banking, trust, real estate, private markets, specialty finance, and professional sports industries.

"As we got to know Jim and the Elevation Point team, we were struck by how aligned their model was with ours—empowering advisors to achieve independence and scale without compromising standards and control," said Jenny Souza, CEO and President of Emigrant Partners. "They're a diversifying addition to our network, increasing our exposure to breakaway teams, a channel we believe will benefit from our combined strategic advisory and capital resources."

"Emigrant provides access to an exceptional platform of capabilities that will help our partners grow and serve the evolving needs of the high-net-worth community," said Mark Penske, Founding Partner of Elevation Point. "We've been overwhelmed by the market's response to our approach—and this partnership further accelerates that momentum."

Last month, Elevation Point closed its third investment of 2025, underscoring its commitment to minority-stake partnerships that empower advisors to scale while retaining full operational control.

About Elevation Point
Elevation Point is a strategic growth partner for independent RIAs and breakaway advisors. Focused on minority-stake partnerships, the firm helps elite advisory teams transition, scale, and thrive—without sacrificing independence. Distinguishing itself from aggregators, Elevation Point champions a collaborative approach that prioritizes advisor values and client outcomes. Learn more at www.elevationpoint.com or follow us on LinkedIn.

About Emigrant Partners
Emigrant Partners is a capital and strategic solutions partner that makes minority, non-voting investments in leading wealth and alternative asset management firms. With 21 partner firms overseeing $125 billion in AUM/AUA, Emigrant provides customized, long-term support while preserving firm independence. Emigrant Partners is a subsidiary of Emigrant Bank, owned by Milstein Companies. Learn more at www.emigrantpartners.com.

Disclaimer:
Elevation Point Wealth Partners, LLC is an SEC-registered investment adviser, while Emigrant Partners, LLC is not registered with the SEC. SEC registration does not imply a certain level of skill or training, nor does it constitute an endorsement by the SEC.

This communication is for informational purposes only and is not intended as an offer to sell, or a solicitation of an offer to buy, any securities or investment advisory services. Past performance is not indicative of future results. All investments carry the risk of loss, and alternative or private market investments may involve additional risks and limited liquidity.

Statements regarding growth, advisor success, or business outcomes reflect internal beliefs or forward-looking expectations and do not guarantee future results. References to partner firms or affiliations do not constitute a recommendation or endorsement of any particular investment strategy, advisor, or product.

For additional information about Elevation Point Wealth Partners, including access to its Form ADV, please visit www.adviserinfo.sec.gov.

Media Contacts:
Melinda Brodbeck
JConnelly for Elevation Point
ElevationPoint@jconnelly.com | 973-865-5454
 
Lucy O'Brien
PRCG for Emigrant Partners
lobrien@prcg.com

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SOURCE Elevation Point