Savvy Wealth

Considering investing in real estate? The bipartisan efforts in 2017 created Opportunity Zones, aiming to revitalize marginalized communities. As tax benefits dwindle, does it still remain a promising investment? https://lnkd.in/gWYSbuFC #OpportunityZones #Investment #TaxBenefits #RealEstate #Finance

On a recent episode of the The Fintech Impact Podcast, our co-founder and CEO Ritik Malhotra discusssed key challenges for advisors, technologies' role in transforming the wealth management industry, and the specific functionalities of Savvy’s all-in-one platform. Throughout the conversation, Ritik details our vision of a future where services are seamlessly integrated, personalized, and focused on delivering extraordinary client experiences. In the words of the podcast’s host, Jason Pereia, "Efficiency isn't just a buzzword; it's the heart of what Savvy Wealth brings to financial advisors." Tune in here🎧👇https://lnkd.in/gWKbqCy9

Real estate investors have seen significant impacts from the 2017 Tax Cuts and Jobs Act. Bonus depreciation on assets like furniture and machinery caught the attention of pros. But, with the phase-out starting in 2023, it's time to rethink tax strategies. While TCJA benefits are set to expire, real estate pros are finding new ways to maintain tax advantages. Let's navigate these changes together. https://lnkd.in/gPVZZU42

The housing market is competitive. In addition to dealing with inflated prices and tight inventory, prospective buyers are concerned about market repercussions associated with private equity firms acquiring real estate. In Jeff Benjamin's latest “Advisor Views” article, our Wealth Manager David Gottlieb explains the impact private equity investors have on the cost of home ownership, ways to benefit alongside large corporate investors, and profitable opportunities in commercial real estate. Read the full article on etf.com 👉https://lnkd.in/gmen5Quu

The emergence of robo-advisors sparked concern among the financial advisor community over 15 years ago, and now AI is raising comparable questions and considerations. Savvy Co-Founder & CEO Ritik Malhotra tells Rachel Witkowski why personal interactions between advisors and clients are crucial for success, and how Savvy integrates technology to empower advisors (rather than replace them). Get the full scoop on Financial Planning below 👇 https://lnkd.in/g6N8kbnX

Our co-founder and CEO, Ritik Malhotra recently joined Jay Coulter, CFP®, CIMA®'s RIA Stories Podcast. ️ Ritik dives deep into the transformative role of technology in wealth management, navigating the complex investment advisory landscape and building trust and transparency with clients. Tune in below 🎧👇 https://lnkd.in/gEQFXpKh

Diversification is the cornerstone of a resilient investment portfolio. By spreading assets across various classes, we mitigate risk and enhance long-term returns. We break down tips for building a diversified investment portfolio on the blog 👇🏼 https://lnkd.in/dmVavJPp

BDITs, or Beneficiary Defective Inheritor's Trusts, offer a unique estate planning strategy. They can potentially reduce estate taxes and protect assets from creditors, while still allowing the grantor some control over the trust's holdings. We break down BDITs and how they can work to reduce taxes on carried interest on the blog 👇🏼 https://lnkd.in/g7pG9shg

The Dow Jones recently closed just above 40,000 for the first time ever, prompting questions on the significance of this milestone. Our wealth manager Louis Green, CPWA®, CFA®, CFP® tells Gregg Greenberg what this benchmark means, and why he's cautiously optimistic, advising clients to be prepared for potential market fluctuations. “I’m cautiously bullish going forward because I believe that the background for stocks will be favorable,” said Louis. “However, the valuation of the index at a trailing twelve months price to earnings ratio of 27.9 times versus 22.34 a year ago concerns me a bit. While the forward price to earnings ratio is lower at 19.01 times earnings, we remind our clients to have plenty of liquidity on hand to meet their short-term goals in case of a market decline.” Read the full article on InvestmentNews for more👇 https://lnkd.in/gU4z3V6Z

Welcome Chase Austin, Joshua Branham, Louis Green, CPWA®, CFA®, CFP® and Scott Eichler to Savvy Advisors 🎉 These new team additions bring our overall team of dedicated advisors to 20, and client assets under management (AUM) to over $400M 📈 These advisors now have access to Savvy's purpose-built, fully integrated technology platform, empowering them to increase efficiency, scale revenue faster, and spend more time focused on serving their clients. “By seamlessly integrating with top-tier industry tools and employing data-driven financial planning and marketing automation, Savvy serves as a welcome home for advisors looking to optimize and scale their practice. As we continue to expand our business, partnering with the right advisors remains a top priority. We are pleased to welcome these four new wealth managers and are grateful for the fresh perspectives they add to our team.” - GinaRose Galli, Strategic Growth #news #peopleonthemove #wealthmanagement #RIA #growth Read more on our team's expansion 👉🏼 https://lnkd.in/gbN4B5ND