Elevation Point, the independent wealth platform headed by former Sanctuary CEO Jim Dickson, has tapped two experienced professionals to assist with its continuing focus on attracting growth-minded RIAs and advisors.
The firm announced Monday that it has named Jenna Bloomgarden as its head of marketing and advisor experience, while Brian R. Terraciano has joined as head of operations.
Dickson, Elevation Point’s CEO who also partnered with fellow industry icon Mark Penske to launch the firm, highlighted the strategic timing of the hires.
“Both Jenna and Brian bring invaluable experience to Elevation Point at a pivotal moment as we prepare to transition teams from an oversubscribed pipeline,” he said in a statement on Monday.
Since entering the scene in June, Elevation Point has grown to oversee more than $3.4 billion in assets under management and brought on two wirehouse veterans, Bradford Smithy and Robert B. Tamarkin as additional founding partners.
“Jenna’s expertise in marketing and business development, along with Brian’s operational knowledge, will strengthen our value proposition for advisors seeking independence and growth,” Dickson said.
Bloomgarden has over 20 years of experience in wealth management marketing, practice management, and business development, which she honed and leveraged through leadership roles at Summit Financial, Dynasty Financial Partners, and Morgan Stanley.
At Elevation Point, she will focus on advancing the firm’s marketing strategy, branding, and advisor experience. “Elevation Point’s advisor-centric model is designed to help advisors thrive in this dynamic landscape,” Bloomgarden said. “I’m excited to contribute to our ongoing growth and excellence.”
Meanwhile Terraciano, with nearly 30 years of experience, will oversee operations, focusing on enhancing the transition experience for advisor teams and clients. His prior roles include senior director of wealth solutions middle office at BNY Pershing, where he led global operations supporting RIAs, family offices, and broker-dealers.
“What drew me to the firm is the people—the energy and passion driving our vision,” Terraciano remarked. “The atmosphere here is invigorating, and the potential for growth is limitless.”
These appointments follow Elevation Point's late September addition of Caitlin Douglas, another ex-leader from Dynasty Financial, as a founding partner and chief operating officer.
Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.
Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.
It promised guaranteed principal and 10% monthly returns. The SEC says it invested nothing.
Ten years after entering the fee-based annuity market, MassMutual Ascend says nearly half its lifetime sales came in the past two years alone – but barriers remain among fee-only advisors.
Amplify, WealthReach, Zeplyn and Zocks have unveiled partnerships aimed at automating portfolio management, content creation, account opening, and client communication.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
