Savvy Wealth to Launch Q3 Private-Markets Offerings for 135 Advisors as Assets Near $7 Billion
Updated
Updated · Wealth Management · Jun 12
Savvy Wealth to Launch Q3 Private-Markets Offerings for 135 Advisors as Assets Near $7 Billion
1 articles · Updated · Wealth Management · Jun 12
Summary
Q3 is the target for Savvy Wealth to add proprietary alternative investment options to its RIA platform, with CIO Anshul Sharma saying the in-house product will likely focus on private markets.
135 advisors will also get a curated menu spanning private equity, private debt, hedge funds and direct real estate, aimed at simplifying a marketplace that already offers roughly 400 third-party alternatives.
Savvy says the push extends its internal investment buildout after launching Savvy Total Portfolio in January and monthly Portfolio Perspectives in February.
Nearly $7 billion in client assets and a six-person investment team give the smaller RIA platform a broader product base as it expands; Sharma said three more hires are planned.
The move comes as RIAs race to deepen private-markets access, with larger rival Dynasty Financial Partners recently naming Allocate a preferred private-markets provider for its advisors.