Subscribe

Ex-Sanctuary CEO Jim Dickson launches new firm for growth-focused RIAs

Dickson Jim Dickson, CEO of Elevation Point.

The venture co-founded with Mark Penske, which will take strategic stakes in independent partner firms, is starting strong with a deal to snap up a $3.4B OCIO.

Jim Dickson, the former CEO of Sanctuary Wealth, has teamed up with fellow industry icon Mark Penske to launch a growth-focused wealth management firm dedicated to supporting independent-minded advisors and RIAs.

The newly launched firm, Elevation Point, aims to enhance the growth and independenc

Subscribe or log in to read the rest of this content.

Related Topics: , ,

Learn more about reprints and licensing for this article.

Recent Articles by Author

Michael Jackson passed away more than $500M in the red

Court filings by executors of his now $2B estate reveal the King of Pop’s dire financial straits at the time of his death in 2009.

Franklin Templeton extends SMA offerings to UBS platforms

The partnership aims to provide advisors with more opportunities to personalize client portfolios and enhance their after-tax returns.

Follow the rules, ask questions when using gen AI, Finra tells firms

Amid growing use of generative AI and large language models, the regulator is issuing a crucial reminder for its members.

Orion leans into fintech flexibility with new offerings

The wealth tech giant is helping firms “do business as they see fit” with two new additions, including a standalone trading solution launching later this summer.

Advisors’ shuffle away from cash reaches its fifth year

Advyzon research reveals steady decline in advisors’ cash allocations, along with ETFs’ decisive victory over mutual funds.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print