Savvy Advisors Continues Expansion With Additions of Wealth Managers Craig Austad and Eric Passin
Combining deep industry knowledge with Savvy’s innovative technology, new recruits are poised to increase efficiency and deliver enhanced client solutions
October 24, 2024 09:08 AM Eastern Daylight Time
NEW YORK--(BUSINESS WIRE)--Savvy Advisors Inc. (herein “Savvy” or “Savvy Advisors” or “the firm”), a registered investment advisor (RIA) affiliated with Savvy Wealth, Inc. (“Savvy Wealth”), today announced the hiring of two experienced wealth managers, Craig Austad, CLU®, CFP®, and Eric S. Passin.
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Based in Denver, Colorado, Austad joins Savvy after nearly 30 years in the financial services industry. He has held financial planning-oriented roles at a variety of organizations including Northwestern Mutual Wealth Management where he served clients for 12 years. He is now implementing Savvy Wealth’s technology solutions to power Flourish Financial Partners, his dba brand which was originally founded in 2016. Austad works with clients to build, manage and protect comprehensive financial plans, specializing in retirement income and tax-efficient strategies. Additionally, he provides guidance on late-stage college planning, helping families navigate the complexities of tuition funding, financial aid options and student loan strategies to minimize long-term financial impact.
“Joining a tech-forward firm like Savvy is a refreshing reminder that the future of our industry is bright,” said Austad. “Savvy Wealth’s proprietary technology and solutions will be instrumental in helping me grow my practice and reduce time spent on back-office tasks. Partnering with Savvy allows me to do what I do best, whether it’s guiding families through major milestones or refining their broader financial goals.”
With nearly 35 years of experience in guiding clients toward their wealth management goals, applying a practical financial planning process, Passin brings a wealth of expertise to Savvy. Based in Denville, New Jersey, he was most recently a wealth advisor at Farther. Throughout his career, Passin has held key positions at some of the industry’s most well-known firms, including TIAA, J.P. Morgan, and Charles Schwab, where he honed his ability to deliver tailored financial strategies for a diverse range of clients. Passin works with a client base primarily aged 60 to 75, helping them navigate key decisions around retirement, income planning, tax optimization and wealth preservation. His goal is to empower clients of all ages with the knowledge they need to confidently secure their financial futures and leave a lasting legacy for subsequent generations.
“High-quality client service will always be my top priority, which means building deep relationships, helping my clients improve their financial literacy, and providing personalized guidance unique to their needs,” said Passin. “Savvy Wealth provides the infrastructure to enhance this commitment, allowing me to leverage advanced tools and resources that help me streamline processes, improve client interactions, and ultimately grow my business on my terms.”
Inclusive of these latest additions, Savvy has assembled a team of more than 30 advisors who offer a wide range of financial planning services including retirement planning, estate planning, tax strategy, alternative investments, direct indexing and more. Savvy Wealth designed these tech-forward services to provide an efficient and seamless client experience. Earlier this year, Savvy successfully raised $26.5 million in Series A funding to support the continued growth of its advisor team and accelerate the development of its artificial intelligence (AI)-powered technology platform.
“Craig and Eric have joined Savvy at a transformative time in our journey,” said Ritik Malhotra, founder and CEO of Savvy Wealth. “We are experiencing rapid growth and embracing innovative ideas that will shape the future of our firm. Their expertise and passion for client service align perfectly with our efforts to deliver a personalized financial planning experience. I’m excited to support them throughout their growth trajectories at Savvy.”
Launched in 2021, Savvy empowers advisors with purpose-built technology designed to transform client relationships and drive exponential practice growth. Over the past two years, Savvy has focused on onboarding experienced advisors who align with the company’s overall mission, and has now successfully scaled to over $900 million in client assets under management nationwide. For more information, please visit savvywealth.com.
About Savvy
Savvy Wealth is a digital-first, multi-custodial technology platform for financial advisors centered around modernizing human-generated financial advice. Wealth managers who partner with Savvy Advisors leverage its intentionally built, integrated technology platform to help supercharge organic growth with enhanced software, and sales and marketing automation. Savvy Wealth’s proprietary technology empowers wealth managers to scale revenue faster and spend more time focused on growth. Follow Savvy on LinkedIn to stay up to date on the latest company news and updates.
Artificial intelligence (“AI”) used on Savvy Wealth’s advisor platform is not intended to replace human advice. The AI technology efficiently automates and streamlines processes like new account onboarding, ongoing financial planning and personalized communications across multiple marketing channels. The AI is not intended to interact with retail clients of Savvy Advisors, nor does the AI provide client-facing investment advice or investment decisions.
The views and opinions expressed herein are those of the speakers. Savvy does not provide compensation to its advisors for testimonials. Savvy Wealth, Inc. is a tech company and the parent company of Savvy Advisors, Inc. All advisory services are offered through Savvy Advisors, Inc., an investment advisor registered with the Securities and Exchange Commission (“SEC”).
Contacts
Media Contact:
StreetCred PR
savvy@streetcredpr.com
Will Ruben
847-208-8289
william@streetcredpr.com
Meaghan McNichol
412-720-3777
meaghan@streetcredpr.com
‍
Savvy Advisors Continues Expansion With Additions of Wealth Managers Craig Austad and Eric Passin
Combining deep industry knowledge with Savvy’s innovative technology, new recruits are poised to increase efficiency and deliver enhanced client solutions
October 24, 2024 09:08 AM Eastern Daylight Time
NEW YORK--(BUSINESS WIRE)--Savvy Advisors Inc. (herein “Savvy” or “Savvy Advisors” or “the firm”), a registered investment advisor (RIA) affiliated with Savvy Wealth, Inc. (“Savvy Wealth”), today announced the hiring of two experienced wealth managers, Craig Austad, CLU®, CFP®, and Eric S. Passin.
‍
Based in Denver, Colorado, Austad joins Savvy after nearly 30 years in the financial services industry. He has held financial planning-oriented roles at a variety of organizations including Northwestern Mutual Wealth Management where he served clients for 12 years. He is now implementing Savvy Wealth’s technology solutions to power Flourish Financial Partners, his dba brand which was originally founded in 2016. Austad works with clients to build, manage and protect comprehensive financial plans, specializing in retirement income and tax-efficient strategies. Additionally, he provides guidance on late-stage college planning, helping families navigate the complexities of tuition funding, financial aid options and student loan strategies to minimize long-term financial impact.
“Joining a tech-forward firm like Savvy is a refreshing reminder that the future of our industry is bright,” said Austad. “Savvy Wealth’s proprietary technology and solutions will be instrumental in helping me grow my practice and reduce time spent on back-office tasks. Partnering with Savvy allows me to do what I do best, whether it’s guiding families through major milestones or refining their broader financial goals.”
With nearly 35 years of experience in guiding clients toward their wealth management goals, applying a practical financial planning process, Passin brings a wealth of expertise to Savvy. Based in Denville, New Jersey, he was most recently a wealth advisor at Farther. Throughout his career, Passin has held key positions at some of the industry’s most well-known firms, including TIAA, J.P. Morgan, and Charles Schwab, where he honed his ability to deliver tailored financial strategies for a diverse range of clients. Passin works with a client base primarily aged 60 to 75, helping them navigate key decisions around retirement, income planning, tax optimization and wealth preservation. His goal is to empower clients of all ages with the knowledge they need to confidently secure their financial futures and leave a lasting legacy for subsequent generations.
“High-quality client service will always be my top priority, which means building deep relationships, helping my clients improve their financial literacy, and providing personalized guidance unique to their needs,” said Passin. “Savvy Wealth provides the infrastructure to enhance this commitment, allowing me to leverage advanced tools and resources that help me streamline processes, improve client interactions, and ultimately grow my business on my terms.”
Inclusive of these latest additions, Savvy has assembled a team of more than 30 advisors who offer a wide range of financial planning services including retirement planning, estate planning, tax strategy, alternative investments, direct indexing and more. Savvy Wealth designed these tech-forward services to provide an efficient and seamless client experience. Earlier this year, Savvy successfully raised $26.5 million in Series A funding to support the continued growth of its advisor team and accelerate the development of its artificial intelligence (AI)-powered technology platform.
“Craig and Eric have joined Savvy at a transformative time in our journey,” said Ritik Malhotra, founder and CEO of Savvy Wealth. “We are experiencing rapid growth and embracing innovative ideas that will shape the future of our firm. Their expertise and passion for client service align perfectly with our efforts to deliver a personalized financial planning experience. I’m excited to support them throughout their growth trajectories at Savvy.”
Launched in 2021, Savvy empowers advisors with purpose-built technology designed to transform client relationships and drive exponential practice growth. Over the past two years, Savvy has focused on onboarding experienced advisors who align with the company’s overall mission, and has now successfully scaled to over $900 million in client assets under management nationwide. For more information, please visit savvywealth.com.
About Savvy
Savvy Wealth is a digital-first, multi-custodial technology platform for financial advisors centered around modernizing human-generated financial advice. Wealth managers who partner with Savvy Advisors leverage its intentionally built, integrated technology platform to help supercharge organic growth with enhanced software, and sales and marketing automation. Savvy Wealth’s proprietary technology empowers wealth managers to scale revenue faster and spend more time focused on growth. Follow Savvy on LinkedIn to stay up to date on the latest company news and updates.
Artificial intelligence (“AI”) used on Savvy Wealth’s advisor platform is not intended to replace human advice. The AI technology efficiently automates and streamlines processes like new account onboarding, ongoing financial planning and personalized communications across multiple marketing channels. The AI is not intended to interact with retail clients of Savvy Advisors, nor does the AI provide client-facing investment advice or investment decisions.
The views and opinions expressed herein are those of the speakers. Savvy does not provide compensation to its advisors for testimonials. Savvy Wealth, Inc. is a tech company and the parent company of Savvy Advisors, Inc. All advisory services are offered through Savvy Advisors, Inc., an investment advisor registered with the Securities and Exchange Commission (“SEC”).
Contacts
Media Contact:
StreetCred PR
savvy@streetcredpr.com
Will Ruben
847-208-8289
william@streetcredpr.com
Meaghan McNichol
412-720-3777
meaghan@streetcredpr.com
‍
