Savvy Advisors Achieves Major Milestone with $1 Billion AUM

Savvy Advisors Celebrates Record Achievement

Savvy Advisors Inc. has reached a remarkable milestone, surpassing $1 billion in assets under management (AUM). This significant achievement comes as the firm welcomed four new seasoned financial advisors, marking a transformative end to the year. The surge in AUM is a reflection of the firm’s commitment to growth and modernization in wealth management, having tripled its assets since the opening of the year.

Investment in Growth and Innovation

The recent expansions follow Savvy's substantial $26.5 million Series A funding round, which played a pivotal role in supporting the company’s innovative technological advancements. Savvy’s growth trajectory is indicative of the firm's strategic focus on integrating state-of-the-art technology with human-centered financial advice, ensuring that advisors can effectively cater to their clients' needs while leveraging cutting-edge tools.

A Unique Approach to Wealth Management

At the heart of Savvy Advisors’ strategies is the commitment to providing human-centric advice. The firm utilizes artificial intelligence (AI) to empower advisors, allowing them to streamline their operations and offer tailored financial planning solutions. This commitment is underscored by the findings of Schwab’s 2024 RIA Benchmarking Study, which highlighted that Savvy’s AUM growth of 18% surpassed industry trends, illustrating the vitality of its business model.

Expertise and New Talent

With the addition of 40 advisors, Savvy Advisors has bolstered its ranks with professionals bringing extensive backgrounds in private equity, corporate banking, and comprehensive financial planning. The new team includes notable advisors like Cindy Alvarez and Janelle Van Meel, who are poised to make significant contributions by enhancing advisor collaboration with Savvy Wealth’s innovative Advisory Teams feature.

Establishing a Strong Future

Erin Niehaus, a veteran financial planner specializing in working with executive women, and Samuel Saleh, who focuses on retirement and legacy planning, join the firm to further diversify Savvy's capabilities. Their collective experience stands to elevate the firm’s offerings and set it apart as a key player in the competitive financial advisory landscape.

Commitment to Advisor Success

“Savvy Advisors provides a welcoming environment for independent advisors looking to grow their practice,” stated Ritik Malhotra, founder and CEO of Savvy Wealth. “As we onboard talented advisors onto our platform, our focus remains on equipping them with innovative technology and solutions that facilitate exceptional client experiences.”

Comprehensive Suite of Services

Savvy Wealth is recognized for its all-inclusive service offerings that include personalized direct indexing, tax preparation, estate planning, and insurance solutions. Its proprietary investment management platform even aids in automating crucial processes like tax-loss harvesting, ensuring advisors can focus their efforts on client relationships and strategic growth.

Empowering Wealth Managers

By providing state-of-the-art tools such as a fully integrated AI-powered CRM and a digital client onboarding process, Savvy Advisors is making strides in the wealth management sector. For advisors seeking to enhance their practices, the platform offers a seamless combination of marketing automation and lead generation support.

About Savvy Advisors

Savvy Wealth is at the forefront of revolutionizing the financial advisory landscape. It empowers wealth managers with technology designed to modernize financial advice, enabling them to achieve organic growth through sophisticated software solutions. For the latest updates and news, follow Savvy Advisors on LinkedIn.

Frequently Asked Questions

What is the current AUM of Savvy Advisors?

Savvy Advisors has surpassed $1 billion in assets under management.

How many advisors does Savvy currently have?

The firm employs 40 advisors specializing in various areas of financial planning.

What technology does Savvy Advisors utilize?

They leverage AI-powered technology to enhance client relationships and streamline financial operations.

Who are some of the recent advisors added to Savvy?

Recent additions include Cindy Alvarez, Janelle Van Meel, Erin Niehaus, and Samuel Saleh.

What services does Savvy Wealth offer?

Savvy offers personalized direct indexing, tax preparation, estate planning, and various investment management solutions.

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