Elevation Point Announces Strategic Collaboration with Goldman Sachs to Help Elite Partner Firms Thrive in Independence
Elevation Point has announced a strategic collaboration with Goldman Sachs (NYSE:GS) to enhance services for independent advisors. The partnership expands an existing agreement with Goldman Sachs Custody Solutions (GSCS) and encompasses custody, asset management, lending, trading, and capital markets capabilities.
Under the agreement, Goldman Sachs will serve as a primary provider of lending, direct indexing, and open-architecture custom models. The collaboration aims to deliver customized solutions for sophisticated advisory teams and their clients, strengthening Elevation Point's family office solutions and streamlining the integration of high-performing advisory teams.
Elevation Point ha annunciato una collaborazione strategica con Goldman Sachs (NYSE:GS) per potenziare i servizi dedicati ai consulenti indipendenti. La partnership amplia l’accordo esistente con Goldman Sachs Custody Solutions (GSCS) e include soluzioni di custody, gestione patrimoniale, prestiti, trading e mercati dei capitali.
Secondo l’intesa, Goldman Sachs sarà il fornitore principale per prestiti, direct indexing e modelli personalizzati a piattaforma aperta. L’obiettivo della collaborazione è offrire soluzioni su misura per team di consulenza sofisticati e i loro clienti, rafforzando le offerte family office di Elevation Point e semplificando l’integrazione di team consulenziali ad alte performance.
Elevation Point ha anunciado una colaboración estratégica con Goldman Sachs (NYSE:GS) para mejorar los servicios dirigidos a asesores independientes. La asociación amplía un acuerdo existente con Goldman Sachs Custody Solutions (GSCS) e incluye custodia, gestión de activos, préstamos, trading y capacidades de mercados de capital.
Según el acuerdo, Goldman Sachs será el proveedor principal de préstamos, direct indexing y modelos personalizados de arquitectura abierta. La colaboración busca ofrecer soluciones a medida para equipos de asesoría sofisticados y sus clientes, fortaleciendo las soluciones de family office de Elevation Point y facilitando la integración de equipos asesores de alto rendimiento.
Elevation Point는 독립 자문사를 위한 서비스를 강화하기 위해 Goldman Sachs (NYSE:GS)와 전략적 제휴를 발표했습니다. 이번 파트너십은 Goldman Sachs Custody Solutions(GSCS)와의 기존 계약을 확장하며 커스터디, 자산관리, 대출, 트레이딩 및 자본시장 역량을 포함합니다.
계약에 따라 Goldman Sachs는 대출, 직접 인덱싱(direct indexing) 및 오픈 아키텍처 맞춤 모델의 주요 제공자가 됩니다. 이번 협업은 고급 자문팀과 그 고객을 위한 맞춤형 솔루션을 제공하고 Elevation Point의 패밀리오피스 솔루션을 강화하며 성과가 우수한 자문팀의 통합을 간소화하는 것을 목표로 합니다.
Elevation Point a annoncé une collaboration stratégique avec Goldman Sachs (NYSE:GS) afin d'améliorer les services destinés aux conseillers indépendants. Ce partenariat étend un accord existant avec Goldman Sachs Custody Solutions (GSCS) et couvre la conservation, la gestion d'actifs, le prêt, le trading et les marchés de capitaux.
Conformément à l'accord, Goldman Sachs sera le principal fournisseur en matière de prêts, de direct indexing et de modèles personnalisés en architecture ouverte. La collaboration vise à fournir des solutions sur mesure aux équipes de conseil sophistiquées et à leurs clients, à renforcer les solutions family office d'Elevation Point et à faciliter l'intégration d'équipes de conseil performantes.
Elevation Point hat eine strategische Zusammenarbeit mit Goldman Sachs (NYSE:GS) angekündigt, um die Dienstleistungen für unabhängige Berater zu verbessern. Die Partnerschaft erweitert eine bestehende Vereinbarung mit Goldman Sachs Custody Solutions (GSCS) und umfasst Verwahrung, Vermögensverwaltung, Kreditvergabe, Handel und Kapitalmarktkompetenzen.
Im Rahmen der Vereinbarung wird Goldman Sachs als Hauptanbieter für Kredite, Direct Indexing und offene, kundenspezifische Modelllösungen fungieren. Ziel der Zusammenarbeit ist es, maßgeschneiderte Lösungen für anspruchsvolle Beratungsteams und deren Kunden bereitzustellen, die Family-Office-Angebote von Elevation Point zu stärken und die Integration leistungsstarker Beratungsteams zu vereinfachen.
- Strategic partnership with Goldman Sachs expands service offerings for independent advisors
- Access to Goldman Sachs' institutional expertise in investment management, banking, and capital markets
- Enhanced capabilities in lending, direct indexing, and open-architecture custom models
- Streamlined integration and onboarding process for advisory teams
- None.
Insights
Goldman Sachs expands RIA services footprint through strategic Elevation Point partnership, strengthening its wealth management ecosystem positioning.
Goldman Sachs' new strategic collaboration with Elevation Point marks a significant expansion of its presence in the fast-growing Registered Investment Advisor (RIA) segment. This partnership strategically positions Goldman Sachs to capture more market share in the wealth management industry by providing custody solutions, banking, lending, trading, asset management, and capital markets capabilities to Elevation Point's partner firms.
The arrangement reinforces Goldman's ongoing strategic pivot toward more stable, fee-based revenue streams through its wealth and asset management divisions. By serving as a primary provider of lending, direct indexing, open-architecture custom models, fixed income SMAs, custody, and capital markets services to Elevation Point, Goldman gains expanded distribution for these products among high-net-worth and ultra-high-net-worth clients.
For Goldman Sachs, this collaboration represents another step in competing more effectively against traditional wealth management powerhouses by strengthening its digital-forward custody platform specifically designed for independent advisors. The deal aligns with Goldman's strategy to create multiple entry points into the wealth management ecosystem rather than relying solely on its own advisor workforce.
The RIA channel continues to gain market share from traditional wirehouses, making this a timely strategic move. By partnering with firms like Elevation Point that take minority stakes in elite RIAs while allowing them to maintain independence, Goldman Sachs positions itself to benefit from the ongoing advisor migration toward independence without having to directly acquire RIA firms.
The collaboration spans custody, asset management, lending, trading, and capital markets, enabling Elevation Point to deliver differentiated solutions tailored to the complex needs of elite partner teams and their sophisticated clients.
Elevation Point's minority stake partnership model empowers entrepreneurial advisors to retain their independence while gaining access to capital, strategic guidance and essential growth resources. The collaboration with Goldman Sachs enhances this offering, broadening Elevation Point's suite of services for clients with sophisticated needs. Under the agreement, Goldman Sachs will serve as a primary provider of lending, direct indexing and open-architecture custom models to Elevation Point and will play 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.
"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," said Jim Dickson, Founding Partner and CEO of Elevation Point. "Goldman Sachs brings world-class capabilities and a deep expertise of the wealth marketplace. This partnership strengthens our ability to deliver tailored solutions and solve the complex challenges facing today's most sophisticated advisory teams and their clients."
This strategic collaboration will significantly expand Elevation Point's suite of open-architecture investment solutions customized to RIA teams' investment views and client needs, strengthen and diversify its family office solutions, and streamline the integration and onboarding of high-performing advisory teams, further positioning the firm for accelerated growth and long-term success.
"Goldman Sachs' deep institutional expertise across investment management, banking, and capital markets, combined with Elevation Point's seasoned leadership team and differentiated partnership model, equips our partner firms with the industry-leading resources they need to grow and excel," said Mark Penske, Founding Partner and Chairman of the Board at Elevation Point.
"Elevation Point is one of the most dynamic and innovative firms in the RIA industry. Both of our firms have invested in the talent and infrastructure to offer a differentiated, digital-forward custody solution with a streamlined integration and onboarding process for independent advisors and we look forward to extending our partnership," said Jeremy Eisenstein, Head of RIA Custody, Global Banking & Markets at Goldman Sachs.
"Goldman Sachs is particularly well suited to serve independent fiduciary-led advisors focused on creating better investment outcomes for their clients," said Greg Wilson, Co-Head of US Third Party Wealth at Goldman Sachs Asset Management. "With our focus on helping RIAs deliver scalable, sophisticated, personalized investment portfolios, we are excited to partner with Elevation Point to provide unique solutions to a rapidly growing segment in wealth management."
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 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.
Elevation Point Wealth Partners, LLC ("Elevation Point") is a registered investment adviser with the
About Goldman Sachs Custody Solutions
Goldman Sachs Custody Solutions ("GSCS") provides custody, clearing, and other brokerage services to clients of Elevation Point. Elevation Point and GSCS are separate, unaffiliated entities. This strategic collaboration does not constitute an endorsement or recommendation of Elevation Point's investment advisory services by GSCS, nor of GSCS's services by Elevation Point. The selection of a custodian is an important decision, and clients should consider all relevant factors.
About Goldman Sachs Asset Management
Goldman Sachs Asset Management is the primary investing area within Goldman Sachs (NYSE: GS), delivering investment and advisory services across public and private markets for the world's leading institutions, financial advisors and individuals. The business is driven by a focus on partnership and shared success with its clients, seeking to deliver long-term investment performance drawing on its global network and deep expertise across industries and markets. Goldman Sachs Asset Management is a leading investor across fixed income, liquidity, equity, alternatives, and multi-asset solutions. Goldman Sachs oversees approximately
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.
This release may contain "forward-looking statements" which are not guarantees of future performance or success and are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from the results discussed in the forward-looking statements. Statements and opinions expressed by individuals from Goldman Sachs are their own and do not necessarily reflect the views of Elevation Point.
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Media Contact
Sarah Tremallo
elevationpoint@jconnelly.com
908 967 0381
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SOURCE Elevation Point
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