On July 1, 2025, Apella Wealth announced its acquisition of Independence Wealth Advisors.
Elevation Point, LLC (“Elevation Point”) announced, on June 20, 2025, that it acquired a minority stake in Family Office Partners (“FOP”). Under the terms of the transaction, FOP’s existing team will remain in place. Further terms of the deal were not disclosed.
Elevation Point, based in Minneapolis, Minnesota, is an investment firm backed by Seward & Kissel client Emigrant Partners investing in registered investment advisors. Elevation Point offers growth capital, middle and back office support and compliance support to registered investment advisors. Elevation Point, through its wholly owned subsidiaries, Elevation Point Wealth Partners, LLC, and Princeton Fund Advisors, LLC, has approximately $3.4 billion in assets under management.
FOP, based in Lafayette, Louisiana, is a registered investment advisor offering private company transactions and exit planning, corporate solutions such as ESOP strategies and liquidity planning, tax strategy, estate structuring, philanthropic planning, family governance services. FOP oversees approximately $2.5 billion in client assets.
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