Savvy Wealth raises $100M for AI-native wealth management
Savvy Wealth has raised a $100 million Series C as AI becomes part of the operating system for independent financial advisers.
Savvy Wealth is embedding AI directly into the infrastructure independent advisers use to run their businesses.
What happened
The company raised an oversubscribed $100 million Series C led by Halo Fund, with participation from Thrive Capital, Index Ventures, Goldman Sachs’ Industry Ventures and other existing investors. Savvy says more than 150 advisers use its platform and oversee roughly $9 billion in client assets.
Why it matters
Wealth management involves a large volume of repetitive research, compliance, servicing and administrative work. Embedding AI into the core RIA platform gives advisers automation inside the workflow rather than as a separate assistant they must manage independently.
The bigger picture
Financial-services AI is increasingly being distributed through vertical operating systems. The companies with the strongest position may be those that control the regulated workflow and customer relationship, then layer AI across it.