Savvy Wealth

?? Big News from Savvy Wealth! ?? We’re excited to officially announce our $26.5M Series A funding round, led by Canvas Ventures with participation from Thrive Capital, Index Ventures, The House Fund, Alumni Ventures, Brewer Lane Ventures and others, marking a significant step forward in becoming a digital-first platform and RIA for financial advisors everywhere. With this new infusion of capital, we’re setting course to: ?? Accelerate the development of our proprietary tech platform for advisors and their clients ?? Grow our marketing support engine with lead gen automation and dedicated, in-house expertise. ?? Expand our talented product, eng, and biz dev teams “As advisors increasingly pursue independence, we see a strong opportunity to partner with the ones who want to provide their clients with a modern, tech-driven experience,” said Founder & CEO Ritik Malhotra. “The human relationship between advisors and their clients is what matters most…we empower advisors with purpose-built technology to transform client relationships and scale their practices exponentially.” A huge thank you to #teamsavvy for believing in our position and empowering us to continue pushing the envelope: Rajat Deva, Gwen Brinsmead, Amir Har-El, Steven Cherucheril, Michael McCarthy, CFP?, Alice Yu, Jed Entin, Ashley Keating, GinaRose Galli, Freddy Chen, Rory Houlding, Rohan Reddy, Edwin Stanley, Hillary Peterson, Jamison Holt, Chae Kwon ??, David G., Perry Kalmeta, MSHRM, Andrew Moody, Breana McDaniel, Lauren George, Eleni Stefanopoulos, Jacqueline Tully, Helen Zheng, ChFC?, Eric Uchoa, Mary Grace Caindoy, Craig Suchodolski, Russell Armitage ?? Join us, we’re growing! ?? 1?? To our valued financial advisors: We’re committed to helping you deliver value to clients. If you’re a financial advisor or wealth manager interested in joining our mission and earning equity in our firm from the get-go, get in touch ??https://lnkd.in/eRhku587 2?? To other interested professionals: We're on the lookout for top talent to join our team in NYC! Explore our open positions at savvywealth.com/careers https://lnkd.in/eQz92etF

Election cycles can stir emotions—but should they sway your investment strategy? History says no. Our latest analysis highlights: ? Political parties have less impact on market performance than most assume ? Long-term fundamentals matter more than election promises ? How staying invested during election years has historically paid off Stay the course with confidence—find out how to navigate market uncertainty with thoughtful strategies that work beyond the ballot box. Read more: https://bit.ly/3XpLF2N

In his latest article, Savvy wealth manager Jacob DuBose, CFP? delves into the democratization of private market investments, offering insights into options like angel investor groups, venture funds, and more. Jacob highlights the importance of understanding eligibility requirements, liquidity challenges, and ESG considerations before diving into these opportunities. https://hubs.la/Q02N9Vwl0

Calling Ford Motor Company employees ??? Savvy Wealth manager Paul Alexander (Alex) Austin, CFP?, WMS? explores 2024 planning opportunities under the SECURE Act 2.0 for Ford Motor employees and retirees. With nearly 100 changes introduced by the Act, Alex highlights key provisions, such as the ability to transfer unused College 529 Plan funds to a Roth IRA, offering a new way to grow retirement savings tax-free. We break it down on the blog ???? https://hubs.la/Q02N9LfH0

“We are intentional in choosing the right individuals to help advance our mission to reshape the wealth management industry.” — our Founder and CEO?Ritik Malhotra Building on this commitment, we are excited to welcome?Drew Martino ?and?Daniel Moore, CFP ?? as the two newest wealth managers to join our dynamic team. Their experience and dedication will be invaluable as we continue to push boundaries and set new standards for the financial planning experience. Read today’s press release for more information on our growing team of wealth managers and latest innovations. ???? https://lnkd.in/gtwg6ekP

We view AI as the co-pilot to advisors serving high-net-worth clients to help them build stronger client relationships and deliver a more personalized experience. In a recent Business Insider article, our wealth manager Arynton Hardy, AIF? shared how he uses AI daily in his practice to save his team hours on note taking, follow-ups, data entry, portfolio monitoring, and other back-office tasks. Read Tanza Loudenback, CFP?'s full article to discover how financial advisors can benefit from using AI here ?? https://bit.ly/3XvGxv5

?? ?? We’re thrilled to announce that Savvy Wealth has been named one of the nine winners of Financial Planning's inaugural Innovation Awards, winning in the Innovation in Automation category! Financial Planning recognizes five tech firms and four wealth management firms for their groundbreaking contributions to the industry. Savvy Wealth is honored to be celebrated for innovation in automation, which extends from automating manual middle and back-office tasks for financial advisors to built-in marketing automation that saves advisors up to 47% of weekly time to approach new clients. We’re looking forward to attending the ADVISE AI conference in Las Vegas, NV, on October 9-10, 2024. A special shout out to the other fantastic nominees, including FP Alpha, Snappy Kraken, Orion, RBC, Nationwide ,WealthHawk and DNA Behavior. Best of luck to all! ?? Learn more about these innovations and how they’re shaping the future of wealth management here: https://bit.ly/3XB8MYj

Savvy wealth manager Adam Dean highlights the unique opportunity alternative investments offer to diversify portfolios beyond traditional stocks and bonds. In his latest blog , Adam dives into a range of alternative investment strategies, including private equity, real estate, hedge funds, and more. Learn more about how these strategies can help you achieve your financial goals ?? https://hubs.la/Q02N9M8F0

While NVDA is up nearly 150% this year, Savvy Wealth manager Albert Pinedo, CPWA? believes the company has room to run and may be well-positioned for long-term success. In a recent article by Gregg Greenberg on Nvidia’s earnings, Albert shared his take on why he’s bullish on the stock. Read the full article in InvestmentNews ??? https://bit.ly/4e6xZAi

Calling Procter & Gamble employees ?? Our most recent newsletter and analysis on P&G fiscal year earnings by Savvy Wealth advisors Brad Morgan, CFP? and Nate Kunkel, CFP? is live! These recent quarters have come with significant changes for all PG'ers, including the exhaustion of P&G Preferred Shares and new diversification options for those aged 45 and older. As we guide our clients through these changes, we also tackle the annual LTIP election to help you navigate your RSU and Stock Options decisions. P&G's latest earnings, which cover the full fiscal year, revealed 6% organic sales growth, 100 basis points in margin expansion, and 11% EPS growth. Learn how these changes impact your financial future ????https://lnkd.in/gfcMyVhC