$1.3 Billion UBS Team Breaks Away to Launch Harbor View Private Wealth in Atlanta

Elevation Point continues to attract large UBS breakaway teams, with Harbor View Private Wealth becoming the firm's latest $1 billion-plus partnership in the Atlanta market.

A five-advisor team managing approximately $1.3 billion in client assets has departed UBS to launch Harbor View Private Wealth, an independent registered investment advisor based in Alpharetta, Georgia, with backing from Elevation Point.

The team is led by co-founders Daniel F. Emerson, Angelo V. Esposito Jr., and Scott M. Emerson, alongside advisors James G. Malatos and David R. Randall. Three additional support staff—Kyle Hammond, Stephanie Feaser, and Natalie Quinn—round out the eight-person operation.

Harbor View Private Wealth will custody assets with Goldman Sachs Custody Solutions, a choice that signals the team's focus on serving high-net-worth corporate executives and their families.

The team originally founded their practice as a UBS affiliate in 2019, after spending over a decade at Merrill Lynch. They doubled their assets under management over the past four years, a growth trajectory they say was increasingly constrained by UBS's platform limitations and compensation changes.

"We reached a point where the wirehouse model was holding us back from delivering the level of customization our clients deserve," said Daniel Emerson. "Independence gives us the flexibility to build the practice we've always envisioned."

Elevation Point, the fast-growing partnership platform founded by former Sanctuary Wealth CEO Jim Dickson in mid-2024, took a minority stake in Harbor View. The firm has quickly assembled a portfolio of breakaway teams, reaching approximately $13 billion in total assets across 11 strategic investments.

Dickson has built his recruiting pipeline by hiring former wirehouse field leaders—including Robert B. Tamarkin, a former UBS Atlanta market head—who then leverage their networks to attract departing teams.

"Atlanta has become a breakaway hotspot," said an industry recruiter who requested anonymity. "The cost of living, the talent pool, and firms like Elevation Point creating soft landing pads—it's the perfect storm for wirehouse departures."

The move adds to UBS's mounting losses, which totaled more than $52 billion in departed advisor assets during 2025. The Swiss bank rolled out a revised, more advisor-friendly compensation plan for 2026 in an attempt to stem the bleeding, but breakaway activity has shown no signs of slowing.

UBS declined to comment on the departure. Elevation Point confirmed the partnership in a press release.