Savvy Advisors, the RIA firm affiliated with Savvy Wealth, has added another three wealth managers to its tech-driven platform.
Last year, the firm updated its technology platform which uses artificial intelligence to enhance the daily workflow of advisors, and provides advisors with back-office, operations, marketing, and compliance support. The additions bring its head count of wealth managers to 15 since it launched in 2021.
“We are thrilled to partner with these experienced and passionate advisors, who can effectively use our technology to unify every aspect of their clients' financial lives,” said GinaRose Galli, growth leader at Savvy Wealth.
Joining the firm’s network of advisors are:
Ritik Malhotra, co-founder and CEO of Savvy Wealth, commented about the importance to the firm of onboarding top financial advisors.
“To achieve our ambitious growth goals, it is imperative that we partner with accomplished wealth managers who can not only successfully implement our proprietary technology to enhance their practice, but also offer valuable feedback to help us further improve the solutions that we offer advisors and their clients,” he said.
Savvy was one of six companies contacted in 2023 by Massachusetts Secretary of the Commonwealth William Galvin, who wanted to understand how wealth management firms are using AI in their business activities and ensure that they are not putting themselves ahead of investors’ interests.
"This shouldn’t be hard to ban, but neither party will do it. So offensive to the people they serve," RIA titan Peter Mallouk said in a post that referenced Nancy Pelosi's reported stock gains.
Elsewhere, Sanctuary Wealth recently attracted a $225 million team from Edward Jones in Colorado.
The giant hybrid RIA is elevating its appeal to advisors with a curated suite of alternative investment models, offering exposure to private equity, private credit, and real estate.
The $40 billion RIA firm's latest West Coast deal brings a veteran with over 25 years of experience to its legacy division for succession-focused advisors.
Invictus fund managers allegedly kept $10 million in plan assets after removal, setting off a legal fight that raises red flags for wealth firms.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
