Savvy Advisors, a New York City-based RIA leveraging a proprietary technology platform built by parent fintech firm Savvy Wealth, has recruited four wealth managers with a combined $170 million in client assets. The additions bring Savvy to over $400 million in total assets and 20 advisors.
Chase Austin, based in the Charlotte, N.C. area, joins from Robbins Financial Group, a hybrid advisor firm. Prior to that, he was with Merrill Lynch, and he has a strong background in tax planning. He also uses his experience as a former minor league baseball player in the Miami Marlins organization to provide financial planning to athletes.
Savvy also brought on Josh Branham, based in Lexington, Ken., who has seven years of industry experience, most recently as an advisor with Paragon Private Wealth Management, a financial planning firm.
New York-based Louis Green has over 25 years of experience, most recently with UBS. He’ll operate his practice under the brand name Prestiq Wealth Partners within Savvy. He’s focused on providing sophisticated investment strategies such as hedge funds, private equity and private credit.
Savvy also added Scott Eichler, an advisor in Orange, Calif. About five months ago, Eichler merged his practice, Standing Oak Advisors, with Farther, another tech-focused advisory, and became a senior vice president of Farther. Prior to that, he was with Newport Wealth Advisors. He works with contingency fee-based attorneys, professionals in that space and their clients that receive net settlements over $100,000.
Savvy Wealth was founded in July 2021 by tech entrepreneur Ritik Malhotra, with the idea to create a digital-first platform for financial advisors centered around modernizing human financial advice. In 2022, the firm raised $11 million in venture capital funding.
The platform is built around a custom advisor dashboard and CRM called Co-Pilot and includes a direct indexing tool introduced last year as well as a new investment management piece, financial planning through an “active, real-time” integration with eMoney and a comprehensive database of alternatives compiled by in-house researchers.
