Elevation Point Partners with Goldman Sachs to Enhance Services for Independent Advisors

Elevation Point, a growth accelerator for independent advisors, has formed a strategic collaboration with Goldman Sachs to offer its partner firms access to the investment banking and lending, trading, asset management, and capital markets capabilities of one of the world's largest and most respected financial institutions. This partnership builds upon an existing agreement with Goldman Sachs Custody Solutions (GSCS), a modern custodial provider for independent advisors, and is designed to meet the evolving needs of leading independent advisors and their sophisticated clients. Through this collaboration, Elevation Point's partner firms will gain access to a broad range of services, including lending, direct indexing, and open-architecture custom models.

Key Takeaways:

• Elevation Point, a growth accelerator and minority stake partner for independent advisors, has entered into a strategic collaboration with Goldman Sachs to enhance its services.
• The partnership will provide Elevation Point's partner firms with access to Goldman Sachs' banking and lending, trading, asset management, and capital markets capabilities.
• Goldman Sachs will serve as a key custodian for Elevation Point and will offer lending, direct indexing, and open-architecture custom models to the company's clients.
• The collaboration will enable Elevation Point to deliver more sophisticated services to its clients, including customized investment solutions and family office solutions.
• The partnership will strengthen Elevation Point's position in the RIA industry and support its goal of accelerated growth and long-term success.

Statistics:

• Elevation Point has entered into a strategic collaboration with Goldman Sachs, a global banking and financial services giant.
• Goldman Sachs will provide Elevation Point's partner firms with access to its services, including banking and lending, trading, asset management, and capital markets capabilities.
• The partnership will enable Elevation Point to serve as a minority stake partner for independent advisors and provide them with access to capital, strategic guidance, and essential resources.
• Elevation Point's suite of services now includes lending, direct indexing, and open-architecture custom models, as well as custody and capital markets services.

Sources:

• Elevation Point news release (no date provided)
• Goldman Sachs news release (no date provided)
• Jeremy Eisenstein, Head of RIA Custody, Global Banking & Markets at Goldman Sachs
• Greg Wilson, Co-Head of US Third Party Wealth at Goldman Sachs Asset Management