Savvy Advisors Adds $300 Million Firm Colorado Wealth Group

Platform surpasses 4.5x growth year-over-year

Published on Feb. 12, 2026

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Savvy Advisors, a federally registered investment advisor affiliated with Savvy Wealth, has added Colorado Wealth Group, a Denver-based wealth management firm with about $300 million in client assets under management. The onboarding is positioned as another step in Savvy's push to become a destination platform for independent advisors, with the firm reporting more than 4.5x growth over the past year and more than doubling AUM over the past six months.

Why it matters

The partnership allows Colorado Wealth Group to offload middle- and back-office responsibilities, streamline processes, and focus on client-facing work as the business scales. It also reflects the growing demand for advisor-first platforms that blend independence with centralized support.

The details

Colorado Wealth Group was founded in 2016 by Steven Harp and Jacob Ray, who had worked together at Northwestern Mutual. The firm became fully independent in 2020 and now serves about 350 high-net-worth clients. Under the partnership, Harp, Ray, Adrian Geiser, Bruce Larson, and CWG's broader eight-person team will retain ownership of their book of business while gaining access to Savvy's infrastructure, AI-enabled tools, operational support, and portfolio management resources.

  • Savvy Advisors added Colorado Wealth Group in February 2026.
  • Savvy Wealth has reported more than 4.5x growth over the past year and more than doubled its AUM over the past six months.

The players

Savvy Advisors

A federally registered investment advisor affiliated with Savvy Wealth.

Colorado Wealth Group

A Denver-based wealth management firm with about $300 million in client assets under management, founded in 2016 by Steven Harp and Jacob Ray.

Steven Harp

Founder and CEO of Colorado Wealth Group.

Jacob Ray

Partner and COO of Colorado Wealth Group.

Ritik Malhotra

Founder and CEO of Savvy Wealth.

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What they’re saying

“We founded CWG to offer clients a more personalized wealth management experience. As we set our sights on what was next for our business, we knew we needed a true back-office engine to support that commitment. Savvy gives us the infrastructure, investment resources and marketing expertise to focus on what we do best: understanding our clients' financial objectives and providing solutions that meet their needs.”

— Steven Harp, Founder and CEO, Colorado Wealth Group

“Before Savvy, we were doing everything ourselves—managing operations, client onboarding, technology selection—on top of running the business. Savvy has allowed us to simplify our operational workload and concentrate on what is most important, which is responsibly expanding our business and being available for the individuals, families and institutions that rely on us.”

— Jacob Ray, Partner and COO, Colorado Wealth Group

“Colorado Wealth Group and our other new advisor teams embody the entrepreneurial mindset Savvy set out to support. By partnering with Savvy, they can focus on serving clients and growing their business, while leveraging the technology, resources and support needed to scale on their own terms. Our offering has resonated with the market as we have seen tremendous growth and an influx of advisors seeking to partner with us. However, we're not slowing down, but doubling down on ensuring Savvy remains the RIA of choice for advisors seeking the right balance of independence and support.”

— Ritik Malhotra, Founder and CEO, Savvy Wealth

What’s next

Savvy Advisors plans to continue expanding its platform by onboarding more independent advisor teams seeking a balance of independence and centralized support.

The takeaway

The partnership between Savvy Advisors and Colorado Wealth Group highlights the growing demand for advisor-centric platforms that can provide independent firms with the infrastructure, resources, and operational support needed to scale their businesses while maintaining autonomy over their client relationships and book of business.