Savvy Advisors, a federally registered investment advisor (RIA) affiliated with Savvy Wealth, announced it has surpassed $1 billion in client assets under management (AUM), tripling its assets since the start of 2024.
At the same time, Savvy added four more experienced financial advisors in December, capping off a transformative year of expansion. These developments follow Savvy Wealth’s $26.5 million Series A funding round earlier this year, emphasizing its affiliated RIA’s strong trajectory heading into 2025.
Central to Savvy’s success is its commitment to delivering human-centric advice supported by advanced and AI-based technology. This deal enables advisors to focus on building strong client relationships while leveraging tools that streamline financial planning and operations. By tripling its AUM and advisor headcount last year, Savvy far exceeded these benchmarks, further validating its mission to modernize human financial advice.
Savvy now employs 40 advisors who have access to its AI-based technology platform. And with experience spanning private equity, corporate banking and holistic financial planning, this latest cohort of high-caliber advisor recruits further solidifies the firm’s aspirations to be a top destination for elite advisor talent. These additions bring a wide range of experience, from navigating complex tax and generational wealth planning to advising executives in the technology and venture capital sectors.
They include:
— Cindy Alvarez and Janelle Van Meel (Evergreen, CO, Littleton, CO): A female duo empowering women by breaking down barriers and significant life events. They plan to leverage Savvy Wealth’s new Advisory Teams feature, which enhances advisor collaboration through a shared client interface.
— Erin Niehaus, CFP, CEPA (San Francisco, CA): A 30-year wealth management and private equity veteran serving executive women, healthcare professionals and tech ecosystem leaders. Niehaus was formerly with J.P. Morgan Private Bank.
— Samuel Saleh, ChFC (Newport Beach, CA): A financial advisor specializing in retirement, business succession and legacy planning for retirees and business owners. Saleh was previously with Bank of America Merrill Lynch.
Savvy Wealth’s platform is rounded out by solutions coveted by high-net-worth advisors, including personalized direct indexing, 401(k) account management, financial planning, tax preparation, alternative investments, estate planning, insurance and more. And its all-in-one, integrated technology offering includes Co-Pilot (an AI-powered CRM), digital client onboarding, a fully embedded marketing and lead generation agency, and Savvy Wealth Investment Management, a proprietary investment management solution that helps automate tax loss harvesting, rebalancing and asset allocation.
KEY QUOTES:
“Savvy Advisors’ rapid growth is a testament to our belief in the value of human financial advice. As we onboard more advisors to the Savvy Wealth platform, we continue to learn more ways we can modernize wealth management. By providing innovative technology and solutions coveted by advisors, we help them deliver unforgettable client experiences.”
“With over 40 wealth managers serving clients across the wealth spectrum, Savvy Advisors has become a welcome home for independent advisors looking to scale their practice on their terms. Powered by Savvy Wealth’s next-generation, proprietary technology, we are continuing to recruit leading advisors across the country.”
– Ritik Malhotra, founder and CEO of Savvy Wealth
