Savvy Advisors has expanded its advisor network to more than 50 professionals nationwide, as the firm announced it now oversees more than $1.5 billion in client assets.
The federally registered RIA, affiliated with New York-based Savvy Wealth, a digital-first, multi-custodial platform, recently welcomed five new advisors from across the country.
The additions reflect continued momentum in the firm’s strategy of attracting advisors serving high-net-worth and ultra-high-net-worth clients.
Among the new hires is Jack Fitzpatrick, a former Morgan Stanley foreign exchange and commodities trader who transitioned into wealth management in 2020. He is joined by Tyson Lokke, a 12-year industry veteran who recently departed Farther and previously worked at United Capital and Goldman Sachs Personal Financial Management.
Also joining are Aaron Peloquin of Minnesota, Jared Tanimoto of California, and Dustin Thomas of Indiana. Thomas was with Valeo Financial Advisors for over six years, while Tanimoto is a founding member of the Investopedia Advisor Council.
“As more advisors join Savvy, it further demonstrates that our belief in tech-forward, digital-first human financial advice is the way of the future,” David Weiner, chief growth officer at Savvy Wealth, said in a statement Thursday.
Savvy’s platform is centered on proprietary technology, including an AI-powered CRM called Co-Pilot, integrated digital onboarding tools, and embedded marketing capabilities. The firm’s investment solution also supports tax-loss harvesting, portfolio rebalancing, and public and private market access.
The expansion comes as more RIAs seek to balance technology integration with advisor independence.
The firm said it will continue onboarding advisors in 2025, with additional product and technology enhancements planned under the leadership of Erik Hurkman, who recently joined the firm as its chief technology officer, shortly after it hired Weiner in February.
In August, Savvy Wealth announced the completion of its $26.5 million Series A funding round with a $15.5 million capital infusion from Canvas Ventures.
RBC Wealth Management's latest move in New York adds an elite eight-member team to its recently opened Westchester office.
Stifel – so far - is on the hook for more than $166 million in damages, legal fees and settlements in investor complaints involving Roberts, a 35-year industry veteran.
The giant alt investments platform's latest financing led by T. Rowe Price and SurgoCap Partners, along with State Street, UBS, and BNY, will fuel additional growth on multiple fronts.
Some investors recently have seen million dollar plus decisions by FINRA arbitration panels involving complex products decisions go their way.
New report shines a light on how Americans view wealth today.
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.
