Elevation Point, Goldman Sachs Collaborate to Enhance Services for Independent Advisors

Elevation Point has partnered with Goldman Sachs to enhance services for independent advisors. The collaboration will utilize Goldman Sachs' expertise in banking, lending, and asset management, with Goldman Sachs Custody Solutions serving as a key custodian. The partnership aims to provide elite partner firms with customized solutions such as lending, direct indexing, and open-architecture custom models, facilitating the integration and onboarding of high-performing advisory teams.

Elevation Point, a growth accelerator and minority stake partner for independent advisors, has announced a strategic collaboration with Goldman Sachs. The partnership aims to provide elite partner firms with access to Goldman Sachs' extensive banking, lending, and asset management capabilities, with Goldman Sachs Custody Solutions (GSCS) serving as a key custodian. The collaboration will facilitate the integration and onboarding of high-performing advisory teams by offering customized solutions such as lending, direct indexing, and open-architecture custom models [1].

The partnership will enable Elevation Point to deliver differentiated solutions tailored to the complex needs of elite partner teams and their sophisticated clients. Goldman Sachs will serve as a primary provider of lending, direct indexing, and open-architecture custom models to Elevation Point, playing a core role in delivering fixed income SMAs, custody, and capital markets services. Together, the firms will deliver customized solutions designed to meet the evolving needs of leading independent advisors and their sophisticated clients [2].

Jim Dickson, Founding Partner and CEO of Elevation Point, stated, "From day one, our mission has been to support the top independent advisors and build a strategic ecosystem that empowers them to serve clients with freedom, flexibility, and scale. Goldman Sachs brings world-class capabilities and a deep expertise of the wealth marketplace. This collaboration enhances our ability to deliver on our mission" [2].

The partnership marks a significant step in the wealth management landscape, as it democratizes access to institutional-grade tools for elite Registered Investment Advisor (RIA) firms. By integrating Goldman Sachs' capital markets expertise with Elevation Point's platform for independent advisors, the alliance addresses a critical gap, enabling RIAs to scale their operations while retaining autonomy [3].

References:

[1] Elevation Point Announces Strategic Collaboration with Goldman Sachs to Help Elite Partner Firms Thrive in Independence [https://www.prnewswire.com/news-releases/elevation-point-announces-strategic-collaboration-with-goldman-sachs-to-help-elite-partner-firms-thrive-in-independence-302543821.html]
[2] Elevation Point Announces Strategic Collaboration with Goldman Sachs to Help Elite Partner Firms Thrive in Independence [https://www.prnewswire.com/news-releases/elevation-point-announces-strategic-collaboration-with-goldman-sachs-to-help-elite-partner-firms-thrive-in-independence-302543821.html]
[3] Goldman Sachs and Elevation Point: A Game-Changer in Wealth Management [https://www.ainvest.com/news/goldman-sachs-elevation-point-game-changer-wealth-management-2509/]