Savvy Wealth, an AI-native registered investment adviser for independent financial advisers, has announced the launch of a proprietary private markets program for advisers on its platform. The multi-vintage program will open access to a variety of asset classes with an initial focus on a select group of venture and growth managers typically beyond the reach of everyday investors. Advisers on Savvy’s platform will be able to bring qualified-purchaser clients into these pre-IPO investments through a single commitment.
Companies are staying private longer than ever. Private companies now far outnumber public ones among U.S. businesses with more than $100 million in revenue1, so much of their growth now happens before an IPO, if one happens at all. A portfolio built only on public markets misses that opportunity. And the funds that invest in private companies are often hard to access, with high minimums and more investor demand than they can take on.
“The best opportun
