Savvy Wealth secures USD 15.5 million in Series A round

Through its solutions, Savvy works towards improving efficiency for independent advisors, minimising the time spent on non-revenue-generating middle and back-office tasks. The company’s integrated technology offering includes Co-Pilot, digital client onboarding, an embedded marketing agency, and Savvy Wealth Investment Management. As an investment management solution, the latter aims to support the automation of tax loss harvesting, rebalancing, and asset allocation. Additionally, the Savvy Wealth platform provides personalised direct indexing, 401(k) account management, financial planning, tax preparation, alternative investments, estate planning, and insurance, among others.

Furthermore, Savvy is committed to optimising the wealth management industry by integrating technology with human-centric advisory services. The company intends to further improve wealth management with solutions that are easily integrated, customised, and focused on delivering enhanced client experiences. Also, through its technology-enabled wealth management products, Savvy aims to simplify financial advisory practice operations including CRM, back-office tasks, client services, and marketing workflows. Savvy mentions that by automating procedures, users can benefit from accelerated onboarding of new accounts, generation of client financial strategy recommendations, and efficient delivery of financial planning services.

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