Savvy Advisors has hired an experienced industry professional who led a $425 million team at Empower as its newest principal wealth manager.
Jacob DuBose was with his previous firm for six years serving around 300 high-net-worth individuals and families, business owners, and trusts. He becomes Savvy’s seventh new hire during the second half of 2023.
His career in financial services includes almost 10 years as a senior financial consultant at TIAA-CREF, focusing on financial planning and earning his CFP certification.
“As I considered the next phase of my career, it was important for me to continue to pursue my passion for managing the wealth of individuals and families,” he said. “Savvy offered everything I was looking for. I wanted to go independent in a smart way, by selecting a firm with a comprehensive infrastructure to support growth. Savvy gives me the flexibility to provide financial advice my way, while serving clients’ unique needs.”
Savvy Advisors recently added two principal wealth managers in the Philadelphia area as it continues to build its footprint and attract advisors to its proprietary technology platform. The firm launched in 2021.
“As we continue to onboard successful advisors like Jake, it motivates our team to keep finding new and innovative ways to provide a welcome home for advisors who are seeking independence on their terms," said Ritik Malhotra, co-founder and CEO of Savvy Wealth. "Investors of today, and clients of tomorrow, deserve a modern, tech-forward relationship with their advisor. By listening to our growing team of advisors and building products around their needs, we will expand our offering to empower advisors with everything they need to help them provide an unforgettable client experience."
From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.
Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.
“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.
Sellers shift focus: It's not about succession anymore.
Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
