Elevation Point Launched to Help Brokers Go Indie. Now It’s Attracting Teams From Large RIAs.

Core Insights - Elevation Point is focused on assisting advisors in transitioning from large brokerage firms to independent registered investment advisory (RIA) firms [1] - The company has recently expanded its services to help advisory teams move away from large RIA aggregators [1] - CEO Jim Dickson highlights that younger advisors are increasingly seeking independence from large RIAs that impose restrictions on client service [1] Company Overview - Elevation Point's primary business model revolves around facilitating the breakaway of advisors from large brokerage houses [1] - The firm is adapting its strategy to attract teams from larger RIA aggregators, indicating a shift in market dynamics [1] Industry Trends - There is a growing trend among younger financial advisors towards seeking independence, reflecting a broader shift in the advisory landscape [1] - The movement away from large RIAs suggests a potential increase in the number of independent advisory firms in the market [1]