#United States #Minnesota #Elevation Point #Triton Wealth #Aitkin

Elevation Point Strengthens Position with Triton Wealth Investment

In a significant move to bolster its growth strategy for 2025, Elevation Point has announced a strategic investment in Triton Wealth, an esteemed Registered Investment Adviser (RIA) based in Aitkin, Minnesota. This partnership is not only a testament to Elevation Point's continued momentum but also highlights its unique minority stake partnership model, which aims to align the interests of both parties while enhancing the service provided to clients.

Founded by experienced advisors Michael J. Ryan, AIF® and Wesley T. Hoppe, AIF®, Triton Wealth manages over $225 million in assets, catering to a diverse range of clients, from affluent business owners to retirees. The firm's commitment to a fiduciary standard of care greatly aligns with Elevation Point’s core values, which emphasize partnership and elevating the client experience. According to Jim Dickson, CEO and founding partner of Elevation Point, this alignment is crucial as both firms aspire to create deeper, generational relationships with their clients.

With Triton Wealth's comprehensive services, which include personalized retirement planning, investment management, business succession strategies, and wealth transfer expertise, it stands out as an ideal partner for Elevation Point. As stated by Brad Smithy, founding partner and head of wealth management at Elevation Point, Triton's established presence in Minnesota helps strengthen Elevation Point's footprint in the region, creating exciting opportunities for collaboration and growth.

The investment comes closely on the heels of Elevation Point's first deal of the year—a successful minority stake acquisition in Stonebrook Private, another well-regarded advisory firm based in Northville, Michigan, managing over $750 million in assets. These strategic moves signal Elevation Point's intent to create a robust portfolio of partnerships that enhance its operational capabilities and expand its market presence.

Michael J. Ryan expressed that after exploring multiple partnership opportunities, it was clear that Elevation Point’s model was specifically designed to foster collaborative growth while enhancing client service. He believes the technological advancements and resources offered by Elevation Point will propel Triton’s growth trajectory further and provide additional value to its clientele.

For financial advisory firms seeking to navigate the complexities of the market while focusing on client-centric service models, Elevation Point's approach presents an innovative solution. With an asset management portfolio exceeding $3.4 billion, Elevation Point continues to carve a niche as a growth accelerator in an increasingly competitive landscape.

In conclusion, Elevation Point's recent investment in Triton Wealth is a strategic step towards achieving continued success in 2025 and beyond, fostering deeper relationships between advisors, and empowering firms to elevate their offerings in line with evolving client needs. With more deals on the horizon, stakeholders can expect a robust growth trajectory for Elevation Point as it champions a new standard in wealth management partnerships.

For those interested in exploring growth strategies, Elevation Point invites consultations via their website: elevationpoint.com.