NEW YORK--(BUSINESS WIRE)--Savvy Wealth Inc. (“Savvy”), a digital-first platform designed for financial advisors to modernize human financial advice, and the parent company of Savvy Advisors Inc., a registered investment advisor, today announced the addition of Vamsi Yadlapati to its Board of Advisors.
An industry veteran, Yadlapati most recently served as Managing Director and Co-Head of M&A at Focus Financial Partners, a leading partnership of independent fiduciary firms. During his 13 years at Focus Financial, Yadlapati was one of the executive committee leaders responsible for building out one of the most successful consolidations in wealth management. In this capacity, his experience included strategy development, international expansion, consulting, and growth services for the wealth management firms that were acquired. Yadlapati remains very active in the wealth management space by serving on a number of boards of leading wealth management firms as well as serving as a consultant and advisor to many of the largest RIA transactions that have come to the market.
He will now leverage this experience to help Savvy shape the future of wealth management and further its mission of powering leading wealth managers with proprietary technology and marketing automation to increase efficiency and scale revenue. Yadlapati’s expertise in cultivating outstanding advisory firms will help to enhance Savvy's ability to offer value-added marketing, compliance, and back-office solutions to its advisors.
“Being at the forefront of innovation is where I thrive, and I am excited to once again be a part of a promising new venture with Savvy,” said Yadlapati. “The team’s intelligent approach to modernizing the industry resonated with me right away and I’m confident that, working together, we can shape the advisory industry for the better.”
With a track record of successfully transitioning financial professionals from wirehouses and independent firms, Yadlapati will play a key role in developing Savvy’s growing roster of advisors. He will leverage his significant experience and collaborate with Savvy's leadership team and in-house advisors to identify technology integration and partnership opportunities that will provide value for advisors and clients alike.
Ritik Malhotra, co-founder and CEO of Savvy, added: "We're thrilled to add a veteran leader and innovator like Vamsi who shares our passion for Savvy's mission. His appointment to our Board of Advisors opens up exciting possibilities for us to introduce pioneering solutions to financial advisors seeking a new home and to empower them to deliver a top-notch client experience."
Savvy’s addition of Yadlapati to its advisory board builds on the firm’s recent momentum. Last month, Savvy launched Savvy Direct Indexing - its in-house solution that enables its advisors to offer tax-optimized, risk-adjusted, and personalized portfolios. Savvy's unabating dedication to innovation has also attracted backing from prominent venture capital firms, including Index Ventures, Thrive Capital, The House Fund, and Brewer Lane Ventures. Consequently, Savvy has secured $18M in fresh funding in under a year, including an $11M series A-1 fundraise in November 2022.
"Savvy is at the forefront of driving meaningful change in an industry that has been stagnant for too long,” remarked Mark Goldberg, General Partner at Index Ventures. “We are confident that with Vamsi's expertise, Savvy will continue to push boundaries and redefine the industry for years to come."
To learn more about Savvy and its offering for both advisors and their clients, please visit savvywealth.com.
About Savvy Wealth Inc
Savvy Wealth Inc. is a digital-first platform for financial advisors centered around modernizing human financial advice. Financial advisors who partner with Savvy leverage its purpose-built, integrated technology platform to supercharge organic growth with enhanced software and sales and marketing automation. Savvy’s proprietary technology seeks to empower advisors to scale revenue faster and spend more time focused on their clients. Follow Savvy on LinkedIn to stay up to date on the latest company news and updates.