This week, Jack Sharry talks with Ritik Malhotra, Founder & CEO of Savvy Wealth, a digital-first platform for financial advisors centered around modernizing human financial advice. Ritik shares how his frustration with outdated advisor technology pushed him to design an AI-powered platform that helps financial advisors grow, operate efficiently, and deliver better client experiences. He highlights how focusing on the advisor first, integrating AI into workflows, and reimagining client engagement can unlock scale and independence in wealth management.

In this episode:

(00:00) - Intro

(01:42) - Ritik's background and how he started Savvy Wealth

(04:43) - The business plan that launched Savvy in just three bullet points

(06:42) - How Savvy  built and stress-tested the platform from the ground up

(11:34) - The $72 million Series B and what it means for Savvy

(13:43) - A look under the hood at how Savvy’s digital-first platform works

(16:18) - What’s next for Savvy

(19:58) - Ritik's key takeaways

(20:29) - Ritik's interests outside of work

Quotes

"The worst that you can do is try to build something for everyone. It just won't work." ~ Ritik Malhotra 

"Listen to the feedback from the core user. Let's literally listen to customers and then build what they need." ~ Ritik Malhotra

"There's something really satisfying about enabling independence in any industry—especially one as important as wealth management. There's something nice about helping someone beat the rat race." ~ Ritik Malhotra

Links 

Ritik Malhotra on LinkedIn

Savvy Wealth

Box

Mark Casady

Vestigo Ventures

LPL Financial

Connect with our hosts

LifeYield

Jack Sharry on LinkedIn

Jack Sharry on Twitter

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