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Savant Wealth Management Partners With Fintech
The development is part of Savant's five-year growth plan, which includes mergers and acquisitions.
Fintech firm Pontera, which focuses on the retirement space, has partnered with Savant Wealth Management, a RIA.
The move is a “milestone” in Savant’s five-year growth plan, that firm said in a statement this week.
Savant’s growth strategy is being executed through investments in technology, acquisitions, and other strategic initiatives with the support of Kelso & Company. The firm has bought a total of seven wealth management businesses this year.
Using Pontera, Savant’s affiliated advisors will serve clients and oversee their wealth, including more than $300 million in outside assets.
“The Pontera platform brings to bear significant operational
improvements in analyzing and rebalancing held-away accounts,
paving the way for investment teams to grow this essential
service and cater to more clients,” Savant CEO Brent Brodeski
said in a statement.