Savvy Wealth
Category: AI in Fintech
An AI-powered wealth management platform designed to automate back-office tasks and enhance client engagement for financial advisors. It is a digital-first platform for financial advisors centered around modernizing human financial advice. Savvy Wealth was founded in 2021. The company is led by Ritik Malhotra. Based in New York, NY, USA. Team size: 51-200. Total funding raised: Over $200 million. Latest round: Series B. Key investors include Industry Ventures, Canvas Ventures, Thrive Capital, Brewer Lane Ventures, Index Ventures, The House Fund, Alumni Ventures.
- Founded
- 2021
- Headquarters
- New York, NY, USA
- Team size
- 51-200
- Total funding
- Over $200 million
Value proposition
Empowers financial advisors to be more efficient and scale their business by automating administrative tasks and streamlining back-office workflows, allowing them to focus on human-centric financial advice and client relationships.
Products and solutions
Savvy Intelligence (agentic AI platform launched Apr 2026 with Financial Planning Agent), AI-powered meeting summarizer, Automated task management and follow-ups, Centralized client and portfolio monitoring dashboard, Strategy optimization engines for financial planning, Client portal with direct access to financial information, Marketing automation software and support associates
Unique value
A hybrid model that combines advanced AI and automation with a human-centered advisory approach, focusing on augmenting rather than replacing financial advisors.
Target customer
Financial advisors serving high-net-worth individuals.
Industries served
Wealth Management, Financial Advisory Services
Technology advantage
Proprietary, fully-integrated technology stack that automates middle and back-office functions, combined with a unique employment model for advisors that eliminates platform fees.
How they differentiate
Savvy provides a proprietary, all-in-one AI platform to augment human advisors, unlike competitors that may offer a broader, less integrated suite of tools or focus on a direct-to-consumer model. The company's unique employment model for advisors, which eliminates platform fees, is also a key differentiator.
Main competitors
Altruist, Facet Wealth, Envestnet
Key partnerships
Industry Ventures, Thrive Capital, Canvas Ventures, Vestigo Ventures
Notable customers
Testimonials from advisors like Arynton Hardy highlight significant time savings and improved client outcomes.
Major milestones
Closed a $100 million Series C funding round in September 2026 led by Halo Fund at a $600 million valuation., Grew total funding to over $200 million., Former LPL Financial CEO Mark Casady (Vestigo Ventures) re-invested in the Series C., Launched its platform in August 2022., Surpassed $9 billion in assets under management by September 2026., Launched Savvy Intelligence, an agentic AI platform with Financial Planning Agent, in April 2026., Expanded advisor team to 150+ advisors across the US, named #1 fastest-growing financial services firm on the 2026 Inc. 5000.
Growth metrics
Surpassed $9 billion in client AUM (4x+ YoY) with 150+ advisors as of September 2026 (doubled over the prior year); brought on $4B+ in recruited assets in 2026; on track for ~$100M ARR by year-end 2026, up from $10M in Jan 2025; named #1 fastest-growing financial services firm in the 2026 Inc. 5000 (13,000%+ 3-yr growth).
Market positioning
A next-generation, tech-forward platform for modern financial advisors looking to scale personalized, high-net-worth client services.
Geographic focus
United States
Patents and IP
Not publicly available
About Ritik Malhotra
Ritik Malhotra is a serial entrepreneur with two prior exits to Box and Brex. He is the Founder and CEO of Savvy Wealth, a technology-driven wealth management firm.
More AI in Fintech companies
Official website: https://www.savvywealth.com