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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 $100 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 $100 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 $72 million Series B funding round in July 2025. Grew total funding to over $100 million. Former LPL Financial CEO, Mark Casady, joined the board of directors. Launched its platform in August 2022. Surpassed $5 billion in assets under management by early 2026. Launched Savvy Intelligence, an agentic AI platform with Financial Planning Agent, in April 2026. Expanded advisor team to ~135 advisors across the US.

Growth metrics

Surpassed $5 billion in assets under management (AUM) with over 110 advisors as of early 2026. The company has been rapidly expanding its advisor team, growing from 50+ advisors in early 2025 to ~135 advisors by April 2026.

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.

Official website: