Now, they have formalized colleges for magical study. Rogue wizards are not recognized by the community, and a few are considered reckless criminals. There are also guilds devoted to the creation of magical artifacts. This re-invention of elves really takes away from my old favorite, the elven ranger. But there are new opportunities for other archetypes.
Thieves come to mind immediately.
Senate champions, those master duelists, might be interesting. And of course, elven mages are always fun. There, now we have a whole new angle for elves. These guys are a little more sophisticated and advanced than then the usual elf stereotype. Recently, I have been spending a lot of time thinking about and creating new fantasy races.