Goldman Sachs(US:GS) Prnewswireยท2025-09-02 13:06Core Viewpoint - Elevation Point has announced a strategic collaboration with Goldman Sachs to enhance its service offerings for independent advisors, providing access to a range of banking, lending, trading, asset management, and capital markets capabilities [2][3][4]. Group 1: Collaboration Details - The collaboration expands an existing agreement with Goldman Sachs Custody Solutions, which will now serve as a key custodian for Elevation Point [2]. - Goldman Sachs will provide primary services including lending, direct indexing, and custom models, as well as fixed income separately managed accounts (SMAs), custody, and capital markets services [3][4]. - This partnership aims to deliver tailored solutions to meet the evolving needs of independent advisors and their sophisticated clients [3][4]. Group 2: Strategic Goals - Elevation Point's partnership model allows independent advisors to maintain their autonomy while gaining access to essential growth resources and strategic guidance [3][4]. - The collaboration is expected to significantly expand Elevation Point's suite of open-architecture investment solutions, enhancing its family office solutions and streamlining the onboarding of high-performing advisory teams [4][5]. - The partnership is positioned to support the growth and long-term success of Elevation Point in the wealth management industry [4][5]. Group 3: Industry Context - Goldman Sachs brings extensive institutional expertise in investment management, banking, and capital markets, which complements Elevation Point's leadership and partnership model [5][7]. - The collaboration targets independent fiduciary-led advisors focused on delivering better investment outcomes for their clients, addressing a rapidly growing segment in wealth management [7].