Elevation Point's Brad Smithy On Building A New Legacy In Wealth Management

Brad Smithy, founding partner and head of wealth management at Elevation Point, believes his firm is uniquely positioned to capitalize on a rapidly evolving financial advisory landscape. The firm aims to redefine success in wealth management.

A New Brand Backed By Decades of Expertise: Speaking with Benzinga at the Future Proof Citywide event in Miami, Smithy emphasized that while Elevation Point is a new brand, its leadership team is anything but new to the industry. 

“We have a lot of experience—three of our seven partners have over 90 years combined in wealth management,” Smithy said. 

“We're not a new firm; we're a new brand built on a strong foundation, and we've already developed an incredible pipeline that has us very optimistic about the future.”

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Smithy credits Elevation Point's early success to its commitment to culture, alignment, and long-term relationships. 

“We love what we do, and we believe in rowing in the same direction,” he explained. “If it's good for our clients, it's good for us. That's the philosophy we wake up with every day.”

Smithy stressed that the firm invests in its employees just as much as it invests in clients. “We hire people who want to be part of something big,” he said. “We feel like we've caught lightning in a bottle, and if we stay true to our vision, the sky’s the limit.”

Opportunities in a Changing Industry: Smithy remains bullish on the financial advisory industry despite market volatility and economic uncertainty. 

“A private equity executive recently told me that we're only in the second inning of a nine-inning game,” he said. “That means there's a long way to go and plenty of opportunity for firms like ours.”

He also underscored the importance of face-to-face interactions in a post-pandemic world. “COVID reminded us how much we need personal connections,” he said.

 “Events like Future Proof allow us to strengthen relationships, exchange ideas and drive the industry forward.”

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