WEALTHMANAGEMENT | NOVEMBER 4, 2026 | BY DIANA BRITTON
WealthManagement covers the launch of Cleros Wealth Partners, a Fort Worth RIA formed by a UBS team overseeing $3.61B in client assets. Elevation Point took a minority stake in the firm.
Founding partners Kyle Kight, Alex Armstrong, and Jamie Packer explain how independence offers greater flexibility in investments, technology, and client service. The team selected Goldman Sachs Custody Solutions as its custodian.
The team’s decision centered on building a business around its clients’ needs, with the flexibility to select its own partners and capabilities.
Key takeaway from the article
The founders also discuss the importance of research, asset management, and technology in their custody decision.
Advisors comparing their own options can explore Diamond Consultants’ H1 2026 Wirehouse Advisor Transition Report for broader context on advisor movement and affiliation choices.
