Savvy Advisors offers customized investment and wealth management services, including both discretionary and non-discretionary options, to high-net-worth individuals, trusts, estates, pension plans, and other entities. Savvy invests in stocks, bonds, mutual funds, ETFs, private funds, and real estate. They also provide advice on held-away assets like 401(k)s. Savvy uses sub-advisers and direct indexing strategies, and may invest in ESG-oriented funds. Savvy also provides advisory services to retirement plans subject to federal retirement plan rules.
Fee Structure
Savvy Advisors charges a percentage of your managed assets. These fees are negotiable and typically range from 0.3% to 1.9% per year, depending on the size and complexity of your account. Fees are billed either quarterly or monthly, in arrears or in advance. Savvy generally requires a $500,000 minimum account size, but this is negotiable. In some cases, investment management fees will be based on a percentage of the client’s net worth, ranging between 0.1% and 0.4%. Clients may be charged an additional fee for direct indexing and covered calls strategies.
