Elevation Level, an funding agency launched in June by former Sanctuary Wealth CEO Jim Dickson with $3.4 billion in complete property, continues to construct out its senior management crew with two additions in advertising and operations.
The agency has employed Jenna Bloomgarden, a former director of selling and advisor improvement at Summit Monetary, as head of selling and advisor expertise. Brian Terraciano, a former senior director, wealth options center workplace at BNY Pershing, has additionally joined as head of operations.
“Jenna’s background in advertising, advisor branding and enterprise improvement, together with Brian’s deep operational information and dedication to enhancing the shopper expertise, will strengthen our price proposition for advisors searching for independence and development,” Dickson stated in a press release.
In her new position at Elevation Level, Bloomgarden might be chargeable for the agency’s digital advertising, web site improvement, and branding and messaging efforts.
Previous to her time at Summit, Bloomgarden was a vice chairman at Dynasty Monetary Companions. Earlier than that, she served as director of shopper providers for Graystone Consulting, an institutional consulting enterprise of Morgan Stanley.
In his new position at Elevation Level, Terraciano might be chargeable for the post-transition expertise for advisor groups and shoppers. In his earlier position at BNY Pershing, he led a worldwide operations crew supporting RIAs, household workplaces, belief firms and dealer/sellers.
The hires comply with information in September that Elevation Level added Caitlin Douglas, former managing director of transition providers and co-head of service at Dynasty Monetary Companions, as its chief working officer.
Dickson introduced the launch of Elevation Level in June. The agency will take minority stakes in RIAs with $200 million to $3 billion in shopper property and contribute sources to assist these companies develop. He partnered with Mark Penske, founder and chairman of United Atlantic Capital, a privately-owned monetary providers holding firm, on the brand new enterprise.
Along side the launch, the agency acquired Mount Yale Capital Group, an RIA and outsourced chief funding officer with $3.4 billion in property below administration, to supply the middle- and back-office enterprise features to assist advisors.
Since then, Dickson has been constructing out his crew. In July, he added Bradford Smithy and Robert B. Tamarkin, former UBS executives, as founding companions. They serve on the manager committee and concentrate on partnership improvement and Elevation Level’s development and enlargement efforts. That can embody working to determine partnership alternatives, serving to set the general strategic imaginative and prescient for the agency and expertise acquisition.
The agency additionally employed Ryanne Gardner, a former BNY Pershing government, as head of companion integration.
In August, Naomi Stein joined from Corient as director of platform.
Kelly Berenbaum, founder and lead planner at Blue Tree Monetary, additionally got here on as director of shopper expertise.
Elevation Level was launched by way of an oversubscribed funding spherical from a mix of household workplace buyers and a few debt capital.
