Elevation Point, a growth accelerator and minority stake partner for independent advisers and breakaway firms, has announced that Brad Smithy, its founding partner and head of wealth management, has been promoted to the newly created role of president, wealth management. As one of the founders of Elevation Point and a veteran of the wealth management industry for more than 30 years, he will lead the firm's business development and relationship management teams and help strategically implement its goals and objectives. In addition, Katie Johnson is joining Elevation Point as head of wealth solutions, a role where she will focus on advancing Elevation Point's Wealth Solutions platform, a core driver of the firm's adviser growth strategy.
Since launching last summer, Elevation Point has invested in independent wealth management practices encompassing $9.6 billion in client assets under supervision. With Elevation Point continuing to expand the support and resources it offers to
