Savvy Wealth Fuels Future of Finance with $72 Million Boost
July 8, 2025, 10:03 am
Location: United States, Massachusetts, Cambridge
Employees: 1-10
Founded date: 2016
Location: United States, California, San Francisco
Employees: 11-50
Founded date: 2000
Savvy Wealth clinched $72 million in Series B funding. This propels its total capital past $100 million. Industry Ventures spearheaded the investment round. The digital platform now nears $2 billion in managed assets. Funds drive aggressive tech acceleration, AI development, and advisor recruitment. Savvy champions independent financial advisors. It delivers cutting-edge tools and predictive client insights. The firm aims to redefine modern wealth management, integrating comprehensive financial services. This strategic infusion reinforces its market leadership. It solidifies its role in evolving the financial advice landscape.
Savvy Wealth, a trailblazing force in financial technology, has secured a significant $72 million in Series B funding. This monumental capital injection propels the company's total funding beyond the $100 million mark. The investment signals robust confidence in Savvy's innovative approach to wealth management. Industry Ventures led the substantial round. This positions Savvy Wealth for accelerated growth and market expansion.
New strategic investors joined the round. Vestigo Ventures, a firm founded by former LPL Financial CEO and Chairman Mark Casady, participated. Casady now joins Savvy's Board of Directors. Euclidean Capital also contributed. Existing investors reaffirmed their commitment. These include Canvas Ventures, Thrive Capital, The House Fund, Brewer Lane Ventures, and former Focus Financial executive Vamsi Yadlapati. This broad support underscores Savvy's proven trajectory and future potential.
The fresh capital will fuel critical initiatives. Savvy plans to accelerate its core technology offering. This includes enhancing its integrated digital platform. The firm will aggressively recruit top technical talent. This talent will drive further innovation. A key focus involves expanding the recruitment of independent advisors. Advisory teams will join its affiliate registered investment advisor, Savvy Advisors. This strategic expansion aims to bolster its network of financial professionals.
A significant portion of the funding targets artificial intelligence (AI) development. Savvy will build personalized knowledge bases for each client. This leverages advanced AI capabilities. These systems will provide predictive, real-time intelligence. Insights will be tailored to individual financial profiles and needs. This AI integration empowers advisors. It enhances their ability to deliver highly personalized financial advice. The goal is to amplify human expertise, not replace it.
Savvy Wealth demonstrates impressive momentum. The firm has experienced a banner year in 2025. This period is marked by exponential growth. Top advisors and advisory teams continue to join its platform. Savvy added nearly $500 million in assets during 2025 alone. Its assets under management (AUM) surged by 500% since early 2024. These figures highlight rapid adoption and expanding market presence.
The company recently surpassed $2 billion in assets under management. This milestone reflects its escalating influence. Savvy continues to enhance its sophisticated offerings. Solutions meet the complex needs of high-net-worth investors. These include personalized investment management with direct indexed portfolios. Other services encompass 401(k) account management and estate plan modeling. Financial planning, tax preparation, and filing are also provided. High-yield cash management, alternative investments, and insurance options complete the suite.
Savvy's leadership team has also seen significant bolstering. Eric Hurkman joined as Chief Technology Officer. He previously served as founding CTO of Carta, valued at $7.4 billion. David Weiner assumed the role of Chief Growth Officer. Weiner was formerly Head of Growth at Compass, a $4 billion company. Lisandra Wilmott became Head of Legal & Compliance. Her previous experience includes General Counsel at Pathstone, a $200 billion AUM multi-family office. These executive additions strengthen Savvy's strategic capabilities.
The firm's core mission revolves around modernizing human financial advice. Its digital-first platform empowers financial advisors. They leverage purpose-built, integrated technology. This aids organic growth. Enhanced software and sales and marketing automation simplify operations. Advisors gain efficiency. They can focus more on client relationships. This model supports advisor independence and autonomy.
AI plays a crucial role in Savvy's strategy. The company believes AI will disrupt financial advice positively. It does not aim to replace advisors. Instead, AI amplifies their capacity. It enables advisors to deliver deeply human client experiences. Savvy embeds AI directly into its CRM and advisor-facing tech stack. This "10x" capability unlocks predictive, real-time insights. These insights strengthen advisor-client relationships.
As modern advisors increasingly choose independence, Savvy offers a welcoming environment. Its boutique culture attracts talent. Cutting-edge technology sets it apart. The full-service platform provides comprehensive support. Advisors find a home where their voice matters. Savvy’s model resonates with professionals seeking greater control and innovative tools.
Looking ahead, Savvy plans continued evolution. As its client base expands, the platform will offer more premium services. The ultimate goal is vertical integration. This means addressing all of an individual or family’s financial needs. This vision aims to create a holistic wealth management experience. Savvy Wealth is not just building a platform. It is shaping the future of financial advice. Its strategic investments and rapid growth position it as a defining leader in the industry. The firm remains committed to empowering advisors. It strives to deliver superior, personalized financial outcomes for clients.
Savvy Wealth, a trailblazing force in financial technology, has secured a significant $72 million in Series B funding. This monumental capital injection propels the company's total funding beyond the $100 million mark. The investment signals robust confidence in Savvy's innovative approach to wealth management. Industry Ventures led the substantial round. This positions Savvy Wealth for accelerated growth and market expansion.
New strategic investors joined the round. Vestigo Ventures, a firm founded by former LPL Financial CEO and Chairman Mark Casady, participated. Casady now joins Savvy's Board of Directors. Euclidean Capital also contributed. Existing investors reaffirmed their commitment. These include Canvas Ventures, Thrive Capital, The House Fund, Brewer Lane Ventures, and former Focus Financial executive Vamsi Yadlapati. This broad support underscores Savvy's proven trajectory and future potential.
The fresh capital will fuel critical initiatives. Savvy plans to accelerate its core technology offering. This includes enhancing its integrated digital platform. The firm will aggressively recruit top technical talent. This talent will drive further innovation. A key focus involves expanding the recruitment of independent advisors. Advisory teams will join its affiliate registered investment advisor, Savvy Advisors. This strategic expansion aims to bolster its network of financial professionals.
A significant portion of the funding targets artificial intelligence (AI) development. Savvy will build personalized knowledge bases for each client. This leverages advanced AI capabilities. These systems will provide predictive, real-time intelligence. Insights will be tailored to individual financial profiles and needs. This AI integration empowers advisors. It enhances their ability to deliver highly personalized financial advice. The goal is to amplify human expertise, not replace it.
Savvy Wealth demonstrates impressive momentum. The firm has experienced a banner year in 2025. This period is marked by exponential growth. Top advisors and advisory teams continue to join its platform. Savvy added nearly $500 million in assets during 2025 alone. Its assets under management (AUM) surged by 500% since early 2024. These figures highlight rapid adoption and expanding market presence.
The company recently surpassed $2 billion in assets under management. This milestone reflects its escalating influence. Savvy continues to enhance its sophisticated offerings. Solutions meet the complex needs of high-net-worth investors. These include personalized investment management with direct indexed portfolios. Other services encompass 401(k) account management and estate plan modeling. Financial planning, tax preparation, and filing are also provided. High-yield cash management, alternative investments, and insurance options complete the suite.
Savvy's leadership team has also seen significant bolstering. Eric Hurkman joined as Chief Technology Officer. He previously served as founding CTO of Carta, valued at $7.4 billion. David Weiner assumed the role of Chief Growth Officer. Weiner was formerly Head of Growth at Compass, a $4 billion company. Lisandra Wilmott became Head of Legal & Compliance. Her previous experience includes General Counsel at Pathstone, a $200 billion AUM multi-family office. These executive additions strengthen Savvy's strategic capabilities.
The firm's core mission revolves around modernizing human financial advice. Its digital-first platform empowers financial advisors. They leverage purpose-built, integrated technology. This aids organic growth. Enhanced software and sales and marketing automation simplify operations. Advisors gain efficiency. They can focus more on client relationships. This model supports advisor independence and autonomy.
AI plays a crucial role in Savvy's strategy. The company believes AI will disrupt financial advice positively. It does not aim to replace advisors. Instead, AI amplifies their capacity. It enables advisors to deliver deeply human client experiences. Savvy embeds AI directly into its CRM and advisor-facing tech stack. This "10x" capability unlocks predictive, real-time insights. These insights strengthen advisor-client relationships.
As modern advisors increasingly choose independence, Savvy offers a welcoming environment. Its boutique culture attracts talent. Cutting-edge technology sets it apart. The full-service platform provides comprehensive support. Advisors find a home where their voice matters. Savvy’s model resonates with professionals seeking greater control and innovative tools.
Looking ahead, Savvy plans continued evolution. As its client base expands, the platform will offer more premium services. The ultimate goal is vertical integration. This means addressing all of an individual or family’s financial needs. This vision aims to create a holistic wealth management experience. Savvy Wealth is not just building a platform. It is shaping the future of financial advice. Its strategic investments and rapid growth position it as a defining leader in the industry. The firm remains committed to empowering advisors. It strives to deliver superior, personalized financial outcomes for clients.