Elevation Point announced it has made a strategic minority investment in Harbor View Private Wealth, an Atlanta-based wealth management firm whose team oversaw approximately $1.3 billion in client assets at its prior firm.
Harbor View is led by founding partners Daniel F. Emerson, Angelo V. Esposito Jr., Scott M. Emerson, James G. Malatos, and David R. Randall. The firm focuses on holistic, goals-based planning for corporate executives and their families, emphasizing helping clients maximize the value of compensation and benefits while planning for retirement.
The eight-member team said the move to independence will broaden its ability to deliver services beyond traditional portfolio management, including estate and legacy planning, tax strategy integration, insurance and risk reviews, business and liquidity event planning, and family governance and education. Harbor View said it will access custody through Elevation Point’s relationship with Goldman Sachs Custody Solutions.
Elevation Point, which positions itself as a growth accelerator and minority-stake partner for breakaway and independent advisors, said the Harbor View investment adds to its recent expansion. The firm said it has invested in advisory businesses representing approximately $11 billion in client assets under supervision since launching about 18 months ago.
Harbor View said it has more than doubled its team over the past four years and serves a client base primarily concentrated in the Atlanta area. Emerson, Esposito and Scott Emerson co-founded the practice in 2019 as an affiliate of UBS, after spending more than a decade at Merrill Lynch. Malatos also previously worked at Merrill Lynch for nearly a decade and serves on the Financial Planning Association of Georgia’s pro bono board. Randall joined Merrill Lynch in 2013 and later moved to UBS to help establish Harbor View with the other partners.
KEY QUOTES:
“Our team is committed to staying ahead of the rapidly changing wealth management landscape, ensuring we can meet the diverse and evolving needs of our high- and ultra-high-net-worth clients. Launching an independent firm with the support of Elevation Point allows us to offer tailored solutions that go beyond traditional investment portfolios. By leveraging a broad array of resources and tools, we’re able to deliver comprehensive, personalized strategies that support our clients’ financial goals at every stage.”
Daniel F. Emerson, Founder and Private Wealth Advisor, Harbor View Private Wealth
“The Harbor View team exemplifies entrepreneurial drive and a growth mindset, with an unwavering focus on their clients’ long-term financial success. Our differentiated model provides the cutting-edge resources and support they need to thrive, while empowering them to stay fully in control of their business.”
Jim Dickson, Founding Partner and CEO, Elevation Point
“Launching Harbor View Private Wealth allows our team to collaborate seamlessly with estate attorneys, certified public accountants, and other specialized professionals to address clients’ complex financial needs. This approach ensures our clients can live their lives with confidence and peace of mind, without compromising the personalized, high-touch service that defines us.”
Angelo V. Esposito Jr., Founder and Private Wealth Advisor, Harbor View Private Wealth
“I’ve had the privilege of working closely with the Harbor View team over the years, and they’ve consistently stood out as consummate professionals and strategic thinkers who put their clients first in every decision. They bring deep experience, unwavering integrity, and a genuine commitment to clients that aligns perfectly with our mission to empower exceptional advisors to build enduring, independent firms.”
Brad Smithy, Founding Partner and President of Wealth Management, Elevation Point
