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What people refer to as elite yeshivas are not necessarily the best place even for a smart kid. One kid may be crushed by the pressure in riverdale. Another may not do well by having 35-40 kids in his shiur in Long Beach. If your kids are not at the age when you are making a selection, don’t even think about it now. Your job now is to learn with him when you can, inspire him to grow, encourage him and be a good role model. Don’t forget to daven for his success- that is really key. Tears when saying birchas hatorah is very powerful. Much more than the decsision of which yeshiva to toy with. (they might reject you anyway if you do not have the right money or yichus)