Veritable, Empower advisors join Savvy Advisors as principal wealth managers

Veritable, Empower advisors join Savvy Advisors as principal wealth managers
The duo have partnered with the digital-first platform in the Philadelphia area.
OCT 04, 2023

Savvy Advisors has added two new principal wealth managers to its growing network of advisors attracted by its technology platform.

Erich Yost was previously a portfolio manager as part of a team managing $2.5 billion of assets for ultra-high-net-worth clients at Veritable and has 12 years of experience in the industry.

He is looking forward to life as an independent advisor and is already utilizing Savvy’s digital-first platform to free up time to spend more of his workday on helping clients.

“I have been able to automate processes and streamline workflows in my new role, allowing me to focus on the big picture and build deeper relationships with my clients,” he said. “They deserve a partner who isn't stuck in the weeds and I'm excited to partner with Savvy to achieve this goal for my practice.”

Yost is based in the Philadelphia area, along with Savvy’s other new starter, Ryan Bond.

Bond was previously with Empower, where he cultivated 300 client relationships with over $430 million in combined AUM. His career also included Vanguard, where he worked as an advisor.

“From the onset of my career, I have strived to take a modern approach to financial planning, aiming to maximize efficiency and satisfy my clients’ evolving needs,” Bond said. “Being a young advisor with a future-forward mindset, Savvy felt like the right home for me. It's all-in-one platform is poised to enhance my practice, offering proprietary solutions that allow me to unify every aspect of my clients’ financial lives and stay ahead of my their fast-evolving needs”

Savvy Advisors was founded just 2 years ago and has recently launched a fully integrated AI platform for advisors.

Latest News

The fight over the CFPB is just beginning
The fight over the CFPB is just beginning

Locked out of their offices and told to stay home, employees at the Consumer Financial Protection Bureau have asked the courts to intervene as Elon Musk and Republican leaders move to shut down the agency that was established to protect people from predatory lending and financial scams.

Business-focused wealth tech RISR lands $8B Wealthcare Capital Management partnership
Business-focused wealth tech RISR lands $8B Wealthcare Capital Management partnership

Fintech platform interVal has also introduced a new feature to help advisors support entrepreneurial business owner clients better.

LPL boosts revenue potential with amped-up alts platform
LPL boosts revenue potential with amped-up alts platform

Along with greater revenue, alternative investments also carry risks, one industry lawyer noted.

How SageSpring Wealth Partners' next-gen strategy has fueled its success
How SageSpring Wealth Partners' next-gen strategy has fueled its success

President Jeff Dobyns unpacks the strategic power of mentorship, what makes an "ideal team player," and how the firm's 89 percent success rate has paid off for veteran advisors.

Powell heads for hot-seat hearings with ongoing pressure from Trump policies
Powell heads for hot-seat hearings with ongoing pressure from Trump policies

The Fed chair is in for some "hyper-charged" meetings, with legislators likely to raise questions on tariff threats and apparent steps to comply with anti-DEI orders.

SPONSORED Taylor Matthews on what's behind Farther's rapid growth

From 'no clients' to reshaping wealth management, Farther blends tech and trust to deliver family-office experience at scale.

SPONSORED Why wealth advisors should care about the future of federal tax policy

Blue Vault features expert strategies to harness for maximum client advantage.