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 promoting and advisor growth at Summit Monetary, as head of promoting 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 growth, together with Brian’s deep operational information and dedication to enhancing the shopper expertise, will strengthen our price proposition for advisors in search of independence and progress,” Dickson mentioned in an announcement.
In her new function at Elevation Level, Bloomgarden can be accountable for the agency’s digital advertising, web site growth, and branding and messaging efforts.
Previous to her time at Summit, Bloomgarden was a vp at Dynasty Monetary Companions. Earlier than that, she served as director of shopper companies for Graystone Consulting, an institutional consulting enterprise of Morgan Stanley.
In his new function at Elevation Level, Terraciano can be accountable for the post-transition expertise for advisor groups and purchasers. In his earlier function at BNY Pershing, he led a worldwide operations crew supporting RIAs, household workplaces, belief corporations and dealer/sellers.
The hires observe information in September that Elevation Level added Caitlin Douglas, former managing director of transition companies 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 assets to assist these corporations develop. He partnered with Mark Penske, founder and chairman of United Atlantic Capital, a privately-owned monetary companies holding firm, on the brand new enterprise.
At the side of the launch, the agency acquired Mount Yale Capital Group, an RIA and outsourced chief funding officer with $3.4 billion in property beneath administration, to supply the middle- and back-office enterprise capabilities to help 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 chief committee and concentrate on partnership growth and Elevation Level’s progress and growth efforts. That can embody working to establish 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 associate 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 an oversubscribed funding spherical from a mix of household workplace buyers and a few debt capital.
