Growth accelerator and minority stake partner for independent financial advisers, Elevation Point, has announced a strategic investment in Triton Wealth, a registered investment adviser (RIA) based in Minnesota, US.
Triton Wealth provides financial planning and investment services to business owners, professionals and retirees across high-net-worth and mass affluent segments.
Founded by Michael Ryan and Wesley Hoppe, Triton Wealth manages over $225 million in assets under management (AUM).
The firm specialises in customised financial strategies for retirement planning, investment and risk management, business succession, and wealth transfer.
Ryan said: “After evaluating multiple partnership options, Elevation Point stood out for its minority stake partnership model designed to align interests and enhance the client experience.
“We believe their advanced technology, comprehensive resources, and industry expertise can help us accelerate our growth—while better serving and adding value for our clients.”
The latest deal comes after Elevation Point’s first transaction of 2025, involving a minority stake in Stonebrook Private, a fiduciary advisory firm based in Michigan, US, with more than $750m in AUM.
Elevation Point founding partner and CEO Jim Dickson said: “Triton Wealth’s steadfast commitment to a fiduciary, client-first standard of care and to building deep, lasting, generational relationships, coupled with its mission to support, educate, and guide, aligns closely with the core values we emphasise at Elevation Point—partnership, enhancing the client experience, and elevating the industry.
“This partnership highlights the continued momentum of our minority stake partnership model, which is designed to align interests and provide tailored support for firms seeking growth.”
Elevation Point partners with independent advisors and breakaway firms, providing strategic support through minority stake investments.
Its subsidiary, Elevation Point Wealth Partners is an SEC-registered investment adviser offering OCIO solutions, advisory support, and growth strategies.
The firm oversees more than $3.4bn in AUM and aims to foster a national network of independent financial advisers.
