Savvy Wealth, an AI-native registered investment advisor for independent financial advisors, has secured $100 million in Series C funding. The oversubscribed round was led by Halo Fund, a growth-stage venture firm co-founded by Ryan Smith and Ryan Sweeney. This latest investment brings total funding to more than $200 million and highlights confidence in the company's technology-driven approach to wealth management.
Funding Round Led by Halo Fund
Existing investors including Thrive Capital, Industry Ventures from Goldman Sachs, Canvas Prime, Index Ventures, House Fund, Euclidean Capital, Alumni Ventures, and Vestigo Ventures also participated. Halo Fund launched in 2025, but its founders have collaborated since Accel co-led the first institutional round in Qualtrics in 2012. The investment is positioned as a strategic bet against private equity-led consolidation in the independent advisory industry.
Rapid Growth and Market Traction
Savvy is approaching $100 million in annual recurring revenue and was recently named the fastest-growing financial services firm in America by Inc. Magazine. The company supports more than 150 independent advisors overseeing $9 billion in client assets, a more than fourfold increase year over year. Savvy has added over $4 billion in recruited assets in 2026 alone and doubled its advisor base over the past year.
AI-Native Platform and Advisor Support
The company provides advisors with one integrated platform centered on Savvy Intelligence, an AI-powered operating environment. This system runs AI agents for each advisor across a unified data layer spanning CRM, investments, tax, and planning. Dedicated client servicing, centralized investment management through Savvy Wealth Investment Management, and in-house compliance and marketing support reduce operational burdens and return hours to advisors as capacity to serve clients and win new ones.
Leadership and Vision
Ritik Malhotra, founder and CEO, said advisors are being told they must give up independence to scale, but Savvy has spent five years proving that is a false tradeoff. The firm was built on the premise that institutional-grade technology and support should not require giving up ownership of one's book. This philosophy continues to attract experienced advisors who want to grow while retaining control of their practices.
Investor Perspective on a Changing Industry
Ryan Smith described wealth management as a $14 trillion market where underlying technology has not meaningfully changed in decades. He compared Savvy's potential to Robinhood's modernization of retail brokerage, but for financial advice. Smith emphasized that the best use of AI in this sector is not to replace advisors, but to make them dramatically better at serving clients personally.
Strategic Use of Capital
Savvy plans to use the new capital to extend Savvy Intelligence across more of the advisor's day, build out its ecosystem of services, and hire technical talent. The company remains focused on partnering with experienced advisors who want to grow their practice while keeping their brand, client relationships, and equity. Interested advisors and candidates can learn more at savvywealth.com.
The $100 million Series C round highlights investor confidence in Savvy Wealth's AI-driven approach to independent financial advice. With rapidly growing revenue, expanding assets under management, and a robust platform, the firm is positioned to challenge longstanding industry consolidation models. Savvy Wealth's continued focus on combining human-led advice with advanced technology may define the next phase of wealth management innovation.