{"id":474370,"date":"2026-06-12T21:43:09","date_gmt":"2026-06-12T21:43:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/474370\/"},"modified":"2026-06-12T21:43:09","modified_gmt":"2026-06-12T21:43:09","slug":"savvy-on-track-to-offer-in-house-alternative-offerings-in-q3","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/474370\/","title":{"rendered":"Savvy On Track to Offer In-House Alternative Offerings in Q3"},"content":{"rendered":"

Savvy Wealth, an AI-native registered investment advisor<\/a> nearing $7 billion in client assets,\u00a0plans to offer proprietary alternative investment strategy options on its platform in the third quarter of this year, Chief Investment Officer Anshul Sharma said on the sidelines of Wealth Management EDGE in Boca Raton, Fla.<\/p>\n

Sharma, who has already built out a proprietary traditional investment allocation for Savvy, is working with his team on an \u201cinstitutional quality\u201d alternative offering that will likely be focused on private markets.<\/p>\n

\u201cWe\u2019re still working through the design element there in terms of what we can do and what\u2019s possible,\u201d Sharma said. \u201cWe want a truly differentiated alts solution that checks a lot of the boxes.\u201d\u00a0<\/p>\n

In addition to that offering, Sharma\u2019s in-house investment team is also working to curate alternative options for its 135 advisors across private markets, private equity, private debt, hedge fund solutions and direct real estate investments. The effort, he said, all goes toward offering Savvy advisors options beyond the third-party marketplaces they already have access to on the firm\u2019s platform.<\/p>\n

Related:Deals & Moves: Dynasty Seeds New RIA Consulting Arm Via Acquisition<\/a><\/p>\n

\u201cThere\u2019s more than enough [alternative] solutions out there now,\u201d Sharma said. \u201cThe problem is navigation. How do you take a marketplace of 400 individual solutions as an advisor, right? The first step is curating to simplify for advisors. … we\u2019ll shoulder that responsibility.\u201d<\/p>\n

Sharma joined Savvy in August from Bank of America<\/a>, where he was a managing director and senior portfolio manager at Merrill Lynch.\u00a0<\/p>\n

At that time, Savvy\u2019s platform had third-party, customizable options for its advisors to choose from. Sharma has since built out Savvy\u2019s own strategic investment allocation, along with market views and commentary led by a monthly investment committee.\u00a0<\/p>\n

The investment strategy, called Savvy Total Portfolio, was made available for Savvy advisors in January. The commentaries, called Savvy Portfolio Perspectives, were made available in February.\u00a0<\/p>\n

\u201cThat\u2019s going to be part of our DNA on a go-forward basis,\u201d Sharma said. \u201cI think what we have done on the traditional side is that we have really moved the ball forward with Savvy\u2019s capabilities, demonstrating to the market that Savvy is building an institutional-grade investment partner, and this is part of it.\u201d<\/p>\n

A few days before Sharma\u2019s comments on the alternatives project, larger RIA platform Dynasty Financial Partners announced its own move to make a third-party private markets allocator a preferred choice for its advisors. Dynasty advisors will have access to private-market investments and a related platform\u00a0from the Silicon Valley-based Allocate, according to the firms<\/a>.<\/p>\n

Related:$25B Summit Financial CEO Predicts \u201cThree Phases\u201d of AI for Financial Advisors<\/a><\/p>\n

While a smaller player, Savvy has been announcing a steady drumbeat of new deliverables and advisors<\/a> under founder and CEO Ritik Malhotra. In April, he told <\/a>Wealth Management<\/a> about the firm\u2019s new Savvy Intelligence, an AI-driven product offering that integrates advisors\u2019 investment, tax and financial planning data into a single, reconciled system.<\/p>\n

CIO Sharma\u2019s team, which began as two investment operations managers, is also growing. It now includes six employees, with job openings for another three, he said.<\/p>\n

Advisors\u2019 use of the firm\u2019s internal investment strategies varies, Sharma said, which aligns with its ethos of a customizable approach to financial advice.<\/p>\n

\u201cWe have advisors on the platform that delegate everything to my team, which is investment authority and trading authority,\u201d he said. \u201cWe have advisors who are on the other side of the platform, who choose to retain all of that themselves. We respect that. Then we have the belly of the curve, which is advisors that think and choose individual solutions, individual strategies, and individual ways of engaging with my team.\u201d\u00a0<\/p>\n

Related:Scenes from Day 3 of Wealth Management EDGE 2026<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Savvy Wealth, an AI-native registered investment advisor nearing $7 billion in client assets,\u00a0plans to offer proprietary alternative investment…\n","protected":false},"author":2,"featured_media":474371,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[138,246,111,139,69,244,245],"class_list":["post-474370","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-new-zealand","tag-newzealand","tag-nz","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/474370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=474370"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/474370\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/474371"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=474370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=474370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=474370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}