Savvy Advisors, the Savvy Wealth-affiliated RIA, announced that it added two financial advisors: Drew Martino from Corebridge and Daniel Moore from TIAA, along with their respective practices. The firm will provide the advisors with access to its proprietary, AI-based technology platform, it said in a news release.
At TIAA, the Chicago area-based Moore managed about $800 million in client assets, Savvy said. He has retirement planning experience from roles at Fidelity Investments, PNC and AXA Advisors, according to Savvy.
Moore specializes in serving higher education professionals and physicians, and he helps them optimize their after-tax returns and create personalized estate planning documents, in addition to traditional financial planning and investment management, according to Savvy.
“What drew me to Savvy was the firm’s ability to streamline my day-to-day, offering a level of flexibility that’s hard to find,” Moore said.
“With its modern technology and a clear, structured approach, I’m confident that Savvy’s proprietary solutions will unify every aspect of my clients’ financial lives, helping me stay ahead of their rapidly evolving needs,” Moore added.
At Corebridge, Los Angeles-based Martino specialized in retirement planning, with a focus on 403(b) plan guidance for individuals employed by schools, hospitals, municipalities, government entities and other tax-exempt organizations, Savvy said.
Martino has more than 20 years of experience and, before joining Corebridge in 2023, held positions at Morgan Stanley, Bank of America and other independent wealth managers.
“As a financial advisor to educators and public service professionals who have devoted their lives to caring for and serving others, I want them to have confidence in me as a fiduciary who is looking out for their best interests,” Martino said.
“Savvy’s tech-forward approach empowers me to increase efficiency, unlocking more time to educate my clients on the tax advantages of 403(b)s and ways to utilize the unique retirement planning options available to them,” he added.
The $26.5 Million Capital Infusion
Launched in 2021, Savvy recently closed on a Series A funding round and is seeing “continued success recruiting advisors that serve” high net worth individuals and families, according to Ritik Malhotra, CEO and Founder of Savvy Wealth. “Savvy is at a transformative stage,” he added.
The firm plans to use the capital injection to accelerate the development of its AI technology platform, expand its product and engineering teams, and recruit to Savvy Advisors, it said in August.
Savvy Advisors added six wealth managers from Charles Schwab, Mariner Wealth Advisors and other firms in July, noting at the time they boosted its AUM to over $700 million and the number of advisors to 30.
Jeff Berman, Contributing Editor and Reporter at Wealth Solutions Report, can be reached at jberman@wealthsolutionsreport.com.
