Savvy Advisors Adds Colorado Wealth Group, Surpassing 4.5x Growth YOY

The addition of CWG and other advisor teams has fueled rapid growth for the RIA platform.

Published on Feb. 12, 2026

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Savvy Advisors Inc., a federally registered investment advisor ('RIA') affiliated with Savvy Wealth, Inc. ('Savvy'), has announced the addition of Colorado Wealth Group ('CWG'), a Denver-based wealth management firm with approximately $300 million in client assets under management ('AUM'). With the onboarding of CWG and several other notable advisor teams, Savvy has surpassed 4.5x growth over the last year, further establishing the firm as a destination platform for financial advisors.

Why it matters

Savvy's rapid growth reflects the firm's focus on becoming the preferred destination for independent advisors, offering them the technology, resources, and support needed to scale their practices on their own terms. The addition of CWG and other advisor teams demonstrates the appeal of Savvy's advisor-first platform, which emphasizes efficiency, ownership, and flexibility.

The details

CWG traces its origins to Northwestern Mutual, where founders Steven Harp and Jacob Ray worked together before launching their own practice in 2016. CWG went fully independent in 2020 and has since grown to serve approximately 350 high-net-worth clients. By partnering with Savvy, CWG's team maintains ownership of their book of business while gaining access to Savvy's infrastructure, AI-enabled tools, dedicated operational support, and portfolio management expertise.

  • Savvy Advisors Inc. announced the addition of Colorado Wealth Group on February 12, 2026.
  • CWG went fully independent in 2020.

The players

Savvy Advisors Inc.

A federally registered investment advisor ('RIA') affiliated with Savvy Wealth, Inc. ('Savvy'), a tech-enabled, multi-custodial registered investment adviser built for independent financial advisors.

Colorado Wealth Group (CWG)

A Denver-based wealth management firm with approximately $300 million in client assets under management ('AUM'). CWG was founded by Steven Harp and Jacob Ray after working together at Northwestern Mutual, and the firm went fully independent in 2020.

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 of 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 of 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.”

— Ritik Malhotra, Founder and CEO of Savvy Wealth

What’s next

Savvy continues to welcome forward-looking advisors ready to take the next step in their practice. For more information, visit savvywealth.com.

The takeaway

Savvy's rapid growth and the addition of Colorado Wealth Group demonstrate the appeal of its advisor-first platform, which provides independent financial advisors with the technology, resources, and support they need to scale their practices while maintaining ownership and control over their businesses.