On July 15, 2025, Elevation Point announced that it acquired a minority stake in Waycrest Wealth.
Elevation Point, LLC (“Elevation Point”) announced, on July 15, 2025, that it acquired a minority stake in Waycrest Wealth (“Waycrest”). Under the terms of the transaction, Waycrest’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.
Waycrest, based in Southfield, Michigan, is a registered investment advisor specializing in intergenerational wealth transfer, business succession, estate and tax planning, and alternative investing strategies. Waycrest has approximately $1 billion in client assets.
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