06-05-2025
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.
Emigrant Partners Logo
"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."
