Savvy Wealth has raised an oversubscribed $100 million Series C, bringing total funding for the AI-native registered investment advisor to more than $200 million as it scales a platform supporting independent financial advisors. The round was led by Halo Fund, the growth-stage venture firm co-founded by Qualtrics founder and Utah Jazz owner Ryan Smith and longtime Accel General Partner Ryan Sweeney. Existing investors participating included Thrive Capital, Industry Ventures from Goldman Sachs, Canvas Prime, Index Ventures, House Fund, Euclidean Capital, Alumni Ventures and Vestigo Ventures.
Savvy is on pace to surpass $100 million in annual recurring revenue during 2026 and now oversees $9 billion in client assets under management, representing more than fourfold year-over-year growth.
The firm has recruited more than $4 billion in assets during 2026 alone and supports more than 150 independent advisors nationwide, twice as many as a year ago.
Savvy was also ranked by Inc. as the No. 1 fastest-growing financial services company on its 2026 Inc. 5000 list, with reported three-year revenue growth of 13,086%.
The company’s strategy is centered on allowing independent advisors to gain institutional technology and operational support while maintaining their brands, client relationships and equity in their practices.
At the center of the platform is Savvy Intelligence, an AI-powered operating environment that deploys agents for individual advisors on a unified data layer spanning CRM, investments, tax and financial planning.
Savvy combines that technology with client servicing, centralized investment management through Savvy Wealth Investment Management, and internal compliance and marketing support. The firm said advisors on its platform are growing organically at approximately three times the industry average.
The Series C proceeds will be used to expand Savvy Intelligence into more parts of advisors’ daily workflows, develop additional advisor services and hire technical talent to continue building the platform.
KEY QUOTES:
“Advisors are being told they have to give up their independence to scale. We think that’s a false tradeoff, and we’ve spent the last five years proving it.”
Ritik Malhotra, Founder and CEO of Savvy Wealth
“Wealth management is a $14 trillion market, and the technology underneath it hasn’t meaningfully changed in decades. Robinhood modernized retail brokerage for a whole generation, and Savvy is doing that for financial advice by building a wealth management firm from the ground up with AI at its core. What makes this work is that advice is a deeply human business, and the best use of AI here isn’t to replace the advisor, it’s to make them dramatically better at serving each client personally. Ritik has built and scaled companies before, and he lived this problem firsthand, so he knows exactly what he’s building and why. That’s why we think Savvy is the firm that wins this category.”
Ryan Smith, Co-Founder of Halo Fund
