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

Denver-based RIA brings $300 million in client assets to Savvy, helping firm more than double AUM in just six months

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 focus on becoming the preferred destination for independent advisors has fueled rapid growth, with the firm more than doubling AUM over the past six months. This reflects Savvy's deliberate strategy of building an advisor-first platform centered on efficiency, ownership and flexibility, which has resonated with the market as the firm has seen an influx of advisors seeking to partner with them.

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, building a strong regional brand through its comprehensive, planning-led wealth management approach. By partnering with Savvy, CWG 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 has surpassed 4.5x growth over the last year.
  • Savvy has more than doubled AUM over the past six months.

The players

Savvy Advisors Inc.

A federally registered investment advisor ('RIA') affiliated with Savvy Wealth, Inc. ('Savvy').

Colorado Wealth Group ('CWG')

A Denver-based wealth management firm with approximately $300 million in client assets under management ('AUM').

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

The takeaway

Savvy's rapid growth and influx of new advisor partners highlights the demand for an RIA platform that empowers independent financial advisors to focus on serving clients and growing their business, while providing the necessary infrastructure, resources and support to scale efficiently. Savvy's advisor-first approach has resonated with the market, positioning the firm as a destination for entrepreneurial-minded advisors seeking the right balance of independence and support.