Savvy Wealth, which provides RIA software for independent financial advisors, raised a $100M Series C led by Halo Fund, taking its total funding to $200M+
Context & Ripple Effects
Savvy Wealth had already raised a $72M Series B in 2025 after a $26.5M Series A in 2024; the Series C takes its disclosed backing above $200M. The successive rounds point to sustained investor support for its software-led model serving independent advisors.
The financing arrives after Farther Finance raised $150M for an AI-enabled advisor platform in May 2026, putting two well-funded firms in the market for advisor-facing technology and distribution.
First-order effects
- Savvy Wealth gains $100M of new capital, led by Halo Fund, to fund its RIA software business with a materially larger balance of disclosed financing.
- Independent financial advisors using or evaluating Savvy face a better-capitalized platform provider as the company continues building its product for advisors.
Second-order effects
- Farther Finance and other advisor-technology providers face a rival with more capacity to compete for advisor adoption, product development, and hiring.
- Halo Fund's lead investment gives Savvy added investor validation as RIAs assess which software providers have the resources to support a long-term platform.
Third-order effects
- If large rounds continue across advisor platforms, the independent-advisor software market is likely to concentrate around vendors that can pair technology investment with advisor distribution.
- Funding scale is becoming a competitive signal in RIA technology, raising the bar for smaller providers seeking to win advisor trust and platform adoption.
The trend: Independent-advisor technology is attracting larger growth rounds as platform vendors compete to become core operating infrastructure for RIAs.