Jim Dickson’s Elevation Point Adds Execs from Summit, BNY PershingJim Dickson’s Elevation Point Adds Execs from Summit, BNY Pershing
The $3.4 billion investment firm has hired Jenna Bloomgarden as head of marketing and advisor experience and Brian Terraciano as head of operations.
Elevation Point, an investment firm launched in June by former Sanctuary Wealth CEO Jim Dickson with $3.4 billion in total assets, continues to build out its senior leadership team with two additions in marketing and operations.
The firm has hired Jenna Bloomgarden, a former director of marketing and advisor development at Summit Financial, as head of marketing and advisor experience. Brian Terraciano, a former senior director, wealth solutions middle office at BNY Pershing, has also joined as head of operations.
“Jenna’s background in marketing, advisor branding and business development, along with Brian’s deep operational knowledge and dedication to enhancing the client experience, will strengthen our value proposition for advisors seeking independence and growth,” Dickson said in a statement.
In her new role at Elevation Point, Bloomgarden will be responsible for the firm’s digital marketing, website development, and branding and messaging efforts.
Prior to her time at Summit, Bloomgarden was a vice president at Dynasty Financial Partners. Before that, she served as director of client services for Graystone Consulting, an institutional consulting business of Morgan Stanley.
In his new role at Elevation Point, Terraciano will be responsible for the post-transition experience for advisor teams and clients. In his previous role at BNY Pershing, he led a global operations team supporting RIAs, family offices, trust companies and broker/dealers.
The hires follow news in September that Elevation Point added Caitlin Douglas, former managing director of transition services and co-head of service at Dynasty Financial Partners, as its chief operating officer.
Dickson announced the launch of Elevation Point in June. The firm will take minority stakes in RIAs with $200 million to $3 billion in client assets and contribute resources to help those firms grow. He partnered with Mark Penske, founder and chairman of United Atlantic Capital, a privately-owned financial services holding company, on the new venture.
In conjunction with the launch, the firm acquired Mount Yale Capital Group, an RIA and outsourced chief investment officer with $3.4 billion in assets under management, to provide the middle- and back-office business functions to support advisors.
Since then, Dickson has been building out his team. In July, he added Bradford Smithy and Robert B. Tamarkin, former UBS executives, as founding partners. They serve on the executive committee and focus on partnership development and Elevation Point’s growth and expansion efforts. That will include working to identify partnership opportunities, helping set the overall strategic vision for the firm and talent acquisition.
The firm also hired Ryanne Gardner, a former BNY Pershing executive, as head of partner integration.
In August, Naomi Stein joined from Corient as director of platform.
Kelly Berenbaum, founder and lead planner at Blue Tree Financial, also came on as director of client experience.
Elevation Point was launched through an oversubscribed funding round from a combination of family office investors and some debt capital.
