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.
Federal prosecutors say the scheme used fake investment accounts and a fictitious financial advisor to lure victims into romance-fueled fraud.
Morgan Stanley sought to claw back recruiting bonus money from Darryl Cohen.
Referrals from centers of influence may open the door, but the real key to success for advisors comes from clarity about their ideal clients and where they want to show up.
Three advisor groups overseeing more than $700M in combined client assets head to new firms.
New research finds most Americans fear a US retirement crisis, while skepticism grows toward AI financial advice and crypto in retirement plans.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
