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savant wealth management

Savant Wealth Management: Expert Financial Planning

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by

Kenneth Keith
in

Did you know only 7% of Americans feel very confident about their retirement savings? The financial world is getting more complex, making it hard to manage money on your own. That’s why many are looking for help from experts like Savant Wealth Management. This company aims to guide one million people towards a better financial future.

Savant Wealth Management is a top financial advisor based in Rockford, Illinois. They offer many services, such as investment advice, financial planning, and tax help. They also provide estate planning, private trust services, and help with family wealth transfer. Their goal is to give honest advice and improve their services to help clients reach their dreams, whether it’s starting a business, traveling, or enjoying retirement.

Key Takeaways

  • Savant Wealth Management is a registered investment adviser with a mission to make a difference in the lives of one million people.
  • The firm offers a comprehensive suite of financial services, including investment management, financial planning, tax management, and more.
  • Savant’s focus is on providing unbiased advice and continuously refining its process to help clients achieve their financial goals.
  • The firm serves a diverse range of clients, from those starting or selling a business to those preparing for a comfortable retirement.
  • With its expertise and client-centric approach, Savant Wealth Management aims to be a trusted partner in helping individuals and families secure their financial futures.

About Savant Wealth Management

Savant Wealth Management is a top financial services firm. They aim to help clients get to their dream future. With a goal to change one million lives, they offer many financial services. These include savant wealth management, financial planning, estate planning, tax planning, retirement planning, and investment management.

Mission and Vision

The main mission of Savant is to give advice that is fair and tailored to each client. They help clients with their financial goals, whether it’s starting a business, traveling, or enjoying retirement. The company always improves its services to help clients reach their dreams.

Wide Range of Financial Services

Savant Wealth Management does more than just manage investments. They offer a wide range of financial services. These include:

  • Investment management
  • Financial planning
  • Tax management
  • Estate planning
  • Private trust
  • Family wealth transfer
  • Accounting services
  • Retirement plans

The team at Savant works together to create strategies that meet each client’s specific needs and goals.

“Our goal is to provide unbiased advice and continually refine our process to help clients achieve their ideal future.”

Service Details
Investment Management Savant Wealth Management manages billions in assets under management (AUM) and provides investment advisory services to over 16,000 clients.
Financial Planning The firm offers comprehensive financial planning services to approximately 6,500 clients each fiscal year.
Wealth Management Savant manages around 5,600 individual accounts and 3,300 high-net-worth individual accounts, with a minimum account size of $300,000 and a minimum fee ranging from $3,000 to $10,000.

Investment Management Expertise

At Savant Wealth Management, we’re proud of our investment management services. These include portfolio management, asset allocation, and risk management. Our team of experts creates custom investment plans that match our clients’ financial goals and how much risk they can take.

We manage over $12.5 billion in client assets with a team of more than 300 professionals. Savant Wealth Management is a top name in financial services. We help over 8,000 clients with personalized advice and solutions for their investment needs.

Our investment strategy focuses on diversification, managing risk, and long-term growth. We use the latest tools and research to find market opportunities and reduce risks. This ensures our clients’ portfolios perform well over time.

Criteria Ideal Partner Firm Ideal RIA Candidate
Assets Under Management (AUM) $100 million to $1.5 billion $100 million to $2.0 billion
Annual Recurring Revenue $1 million to $13 million $1 million to $16 million
Proximity to Existing Offices Within 3-hour drive of Rockford, IL, or 1-hour drive of McLean, VA N/A
Prospective New Locations $500 million to $2 billion AUM, $4 million to $16 million annual revenue N/A
Owner Age 40 to 65 years old 40 to 65 years old

Savant’s commitment to our clients’ success is clear in our growth. From 1993 to 2022, our assets under management have grown a lot, reaching $12.5 billion by September 30, 2022. This shows how much our clients trust our investment management skills and our ability to provide steady, long-term results.

“Savant’s investment management team has been instrumental in helping us achieve our financial goals. Their attention to detail and commitment to risk management have given us the peace of mind we need to focus on what matters most.”

savant wealth management: Financial Planning Strategies

Savant Wealth Management offers a wide range of financial planning services. This includes retirement and estate planning. The team works with clients to make sure their financial futures are secure. They plan for a good retirement or for keeping wealth in the family.

Retirement Planning

Planning for retirement is key, and Savant Wealth Management knows it well. They help clients make personalized plans. These plans consider income needs, risk tolerance, taxes, and goals for the future.

With their deep market knowledge and financial modeling skills, Savant prepares clients for a worry-free retirement.

Estate Planning

Savant Wealth Management also offers detailed estate planning services. They work with clients to create strategies for keeping wealth safe. These strategies aim to reduce taxes and make passing on assets to the next generation smooth.

Their approach covers trust administration and charitable giving. This gives clients peace of mind about their legacy.

“Savant Wealth Management has been a trusted partner in our financial planning journey. Their team’s expertise and personalized approach have been invaluable in helping us achieve our retirement and estate planning goals.”

Service Description Key Benefits
Retirement Planning Comprehensive planning for a secure and comfortable retirement, including income strategies, tax optimization, and legacy considerations.
  • Personalized retirement roadmaps
  • Advanced financial modeling
  • Proactive market trend analysis
Estate Planning Tailored strategies for wealth preservation, tax minimization, and seamless asset transfer to future generations.
  1. Trust administration
  2. Charitable giving
  3. Comprehensive wealth preservation

Savant Wealth Management is dedicated to financial planning excellence. They focus on what clients need, use evidence-based investing, and work as a team. By combining financial planning, retirement planning, and estate planning, they help clients reach their financial goals with confidence.

Tax Advisory and Preparation Services

At Savant Wealth Management, we know how complex taxes can be. That’s why we focus on tax planning and tax preparation to help you reach your financial goals. Our team of tax experts works with you to make sure you use all deductions and credits. They also make sure your tax advisory plans match your financial goals.

We take a detailed approach to tax planning and tax preparation. Our experts look at your finances closely to find ways to reduce your taxes. They create plans just for you, whether you’re an individual, a family, or a business owner. We aim to make handling your taxes easy and efficient.

  • Thorough review of your tax situation and identification of potential savings
  • Preparation of federal, state, and local tax returns
  • Guidance on tax-efficient investment strategies
  • Assistance with tax planning for major life events, such as retirement or estate planning
  • Ongoing support and advice to help you navigate changes in tax laws and regulations

Working with Savant Wealth Management means your tax planning and tax preparation are in good hands. Our team is dedicated to improving your financial health. Contact us today to find out more about our tax advisory services.

Family Office and Wealth Transfer Solutions

Savant Wealth Management offers family office and wealth transfer services. These services help clients keep their wealth safe and pass it down smoothly to the next generation. Our experts work with families to create plans that meet their specific needs and goals.

Trust Services

Trust services are key to our wealth transfer solutions. We help clients set up and manage trusts like revocable living trusts, irrevocable trusts, and charitable trusts. These trusts protect assets, cut taxes, and make sure wealth goes to the right people.

Family Governance

Good family governance keeps families together and their wealth safe over time. At Savant Wealth Management, we offer:

  • Developing family mission statements and guiding principles
  • Setting up rules for making decisions and solving conflicts
  • Helping with family meetings and keeping everyone informed
  • Teaching family members about money and responsibility

With strong family governance, we help our clients keep their financial affairs stable and united.

Service Description
Family Office Handles a family’s financial, legal, and admin tasks, like investment management, tax planning, and concierge services.
Wealth Transfer Plans for passing wealth to the next generation, including trust services and family governance.
Trust Services Creates and manages trusts like revocable living trusts, irrevocable trusts, and charitable trusts to protect assets and ensure wealth is passed on smoothly.
Family Governance Helps develop family mission statements, rules, and ways to communicate, keeping the family’s wealth and unity strong over generations.

“At Savant, we know family wealth is more than just money. It’s about legacy, values, and staying together. Our family office and wealth transfer solutions aim to help our clients manage their wealth across generations.”

Corporate Accounting and Consulting

Savant Wealth Management knows what businesses need financially. That’s why we offer corporate accounting and consulting services. We also provide business valuation and payroll services. Our team works with companies to make their finances better, follow the rules, and help them grow.

Business Valuation

Getting a business’s value right is key for many big decisions. Our experts use top methods to give clients a clear view of their company’s worth. This helps leaders make smart choices and deal with financial challenges confidently.

Payroll Services

Our payroll services make handling employee pay easy. We take care of payroll, taxes, and benefits. This lets our clients focus on their main work. With our help, companies can follow the rules, work better, and make payroll smooth for their employees.

At Savant Wealth Management, we aim to give our clients top-notch corporate consulting solutions. If you need to improve your finances, follow rules, or plan for the future, our team is ready to help you.

Service Key Benefits
Corporate Accounting
  • Accurate financial reporting and analysis
  • Streamlined accounting processes
  • Compliance with regulatory requirements
Business Valuation
  • Informed strategic decision-making
  • Preparation for mergers, acquisitions, or succession planning
  • Accurate assessment of company’s worth
Payroll Services
  • Streamlined payroll processing
  • Compliance with tax regulations
  • Improved employee satisfaction

corporate consulting

Company Retirement Plan Services

Savant Wealth Management knows how key it is to offer full retirement plan services to businesses of all sizes. Our experts work with clients to create, set up, and manage retirement plans that fit their business goals. This ensures the plans work well with the company’s overall strategy.

Looking to start a 401(k), pension, or other employee benefits? Savant Wealth Management can guide you through the complex world of retirement planning. We’re proud to offer solutions that boost your employees’ financial health and make your company more attractive to job seekers.

Customized Retirement Plan Solutions

Every business is different, so we don’t believe in a one-size-fits-all retirement plan. We offer a variety of services to help you find the best fit for your business:

  • 401(k) plan design and administration
  • Pension plan management
  • Employee stock ownership plans (ESOPs)
  • Profit-sharing and defined benefit plans
  • Compliance and regulatory guidance

Our retirement plan experts will get to know your specific needs. They’ll make sure your plan meets your business goals and your employees’ financial dreams.

Maximizing Employee Engagement and Retention

A great retirement plan does more than help employees save for the future. It’s a powerful tool for drawing in and keeping top talent. With Savant Wealth Management, we can help you craft a plan that offers big benefits and incentives to your employees. This leads to a more engaged and dedicated team.

Retirement Plan Feature Benefit
401(k) Matching Encourages employee contributions and helps them build their retirement savings
Profit-Sharing Contributions Aligns employee interests with company success and promotes a sense of ownership
Vesting Schedules Incentivizes long-term employee retention and loyalty

By working with Savant Wealth Management, you can create a retirement plan that’s great for your business and a big draw for job seekers.

Independent and Fee-Only Structure

At Savant Wealth Management, we’re proud of our independent, fee-only way of doing things. We’re a registered investment adviser, focused on giving conflict-free advice that’s all about our clients’ best interests. Our firm is 100% employee-owned, which means we make decisions without outside pressure or the worry of selling our company.

Conflict-Free Advice

We’re a fee-only registered investment adviser, which means no commissions or outside payments for us. This lets us give unbiased, conflict-free advice that meets each client’s unique needs and goals. Being independent means we offer advice without the push of sales targets or product incentives.

Employee Ownership

Our employee ownership model is a big part of our promise to give top-notch service and advice. With over 90 employee-owners, our team is fully committed to the firm’s and our clients’ long-term success. This setup draws in and keeps the best talent and makes sure our decisions always put our clients first.

Our firm is fully owned by our employees, which lets us focus on making smart, long-term investments. We don’t have to worry about outside investors or selling the firm. This approach makes us stand out as a reliable, independent financial advisor for our clients.

“Savant Wealth Management’s fee-only, conflict-free approach and employee ownership model set them apart as a truly independent financial advisor that puts clients first.”

Savant’s Growth and Expansion

Savant Wealth Management has grown a lot in recent years. This growth comes from smart moves like buying other companies and forming partnerships. In October 2022, they bought World Trend Financial and Terry Lockridge & Dunn in Iowa. This move helped them grow in the Midwest.

These partnerships have made Savant’s services better. They now offer a top-notch experience to their clients.

Acquisitions and Partnerships

Savant Wealth Management looks after over $10.5 billion in assets. They focus on building strong partnerships that last. In 2021, they bought AMDG Financial, which manages about $250 million and helps nearly 300 clients.

This move helped Savant grow in the Chicagoland area and enter new markets like Santa Fe, New Mexico, and Bloomington, Illinois.

The company plans to improve the lives of a million people in 25 years through smart buying and growing. They look for partners who share their values and focus on putting clients first. AMDG Financial, started in 2002, was one of the first 10 firms worldwide to get a special certification. This shows Savant’s commitment to clear and honest advice.

Recently, Savant bought World Trend Financial and Terry Lockridge & Dunn in Iowa. This move has made them stronger in the Midwest. Now, they have over 200 employees and help over 6,500 families, plus many companies and retirement plans.

Savant’s growth shows their dedication to top-notch financial planning and investment services. By growing through smart buying and partnerships, they keep getting better. They aim to be a trusted advisor for people, families, and businesses in the Midwest and beyond.

Commitment to the Local Community

At Savant Wealth Management, we deeply support and engage with our local community. Being a member of Greater Iowa City, Inc., we use our financial knowledge to help the area grow. We work closely with the local business community.

Greater Iowa City Involvement

We are fully committed to Greater Iowa City’s growth and success. Collaboration is key, and we’re excited to help drive change. Our financial insights help create solutions for businesses and people in the area.

We do more than just offer financial services. We look for ways to help the businesses and groups that make Greater Iowa City great. Through sponsorships, volunteering, and projects, we aim to be a key partner in the area’s progress.

Initiative Description Impact
Community Give Back Program Alter Brewing’s initiative that allows small businesses and local non-profit organizations to benefit from drive dollars and awareness efforts. Provides financial and promotional support to local organizations, strengthening the community’s fabric.
Senior Citizens Day Balmoral Restaurant’s initiative to serve 1000 guests free meals, catering to the needs of the older population. Demonstrates a commitment to serving the community and supporting its most vulnerable members.
Lennox Feel the Love McNally’s Heating and Cooling’s participation in the program for the third consecutive year, providing free home comfort systems to those in need. Contributes to improving the living conditions and quality of life for families in the area.

Working with Greater Iowa City, Inc. and community projects, Savant Wealth Management shows our dedication. We’re a trusted partner and contributor to the local business community. We’re proud to be part of Greater Iowa City and look forward to making a difference.

Client-Centric Approach

Savant Wealth Management puts its clients at the center of everything it does. The team of financial experts works with each client to create personalized solutions. These solutions meet the client’s specific financial needs and goals. The firm’s client-centric focus means every choice is made for the client’s benefit. The goal is to help clients achieve their dreams.

Personalized Solutions

Every client’s financial path is unique. Savant Wealth Management’s experts take time to learn about each client’s financial planning and wealth management goals. They create custom strategies to meet these goals. This approach ensures Savant offers client-centric advice that fits each client’s unique needs and dreams.

“At Savant, we believe that every client deserves a personalized financial plan that aligns with their individual goals and values. Our team is dedicated to providing the highest level of service and expertise to help our clients achieve their financial dreams.”

Savant’s focus on client-centric service is shown in its commitment to building lasting relationships with clients. The team works with clients to understand their changing needs. They adjust their strategies to support clients at every step of their financial journey.

By focusing on personalized solutions and a client-centric approach, Savant Wealth Management helps clients make smart financial choices. This focus on the individual is key to the firm’s success in financial planning and wealth management.

Experienced and Credentialed Team

At Savant Wealth Management, our team is made up of seasoned financial advisors and wealth management experts. They have a lot of experience in the industry. This experience lets us offer our clients detailed financial solutions that fit their specific needs.

We pick our financial advisors based on their experience, SEC/FINRA registration, and clear pay rules. Many have big titles like Certified Financial Planner (CFP), Chartered Financial Analyst (CFA), and Chartered Financial Consultant (ChFC). These titles show their deep knowledge and dedication to getting better at their jobs.

Advisor Designations Expertise
Certified Financial Planner (CFP) Comprehensive financial planning, including retirement, estate, and tax planning
Chartered Financial Analyst (CFA) Investment management, portfolio analysis, and financial modeling
Chartered Financial Consultant (ChFC) Advanced financial planning, insurance, and risk management strategies

Our team got these titles by doing hard courses, passing exams, and keeping up with new info. This keeps them current with the latest in the field. It also means they can help our clients reach their financial goals.

Savant Wealth Management started in 1986 and has grown to have 201 to 500 employees. We serve clients all over the United States. We offer health, vision, dental, and 401(k) benefits, plus chances for growth and moving up in the company.

Our company values excellence, integrity, learning for life, respect, growth, and leading with a servant’s heart. These values help us in our mission to give our clients peace of mind. We focus on working together, being innovative, and doing the right thing. This ensures our financial advisors and wealth management professionals give top-notch service and expertise to our clients.

“At Savant, we believe that the collective experience and credentials of our team are the foundation for delivering exceptional financial planning and wealth management services to our clients.”

Staying Connected with Savant

At Savant Wealth Management, we value strong connections with our clients and the community. Today, staying in touch is easy, and we’re excited to offer many ways for our clients to reach us. This includes keeping up with our savant wealth management services.

Website and Social Media

Visit our website at www.savantwealth.com to see all we offer in financial planning and wealth management. You’ll find lots of info on our services, our skilled team, and the latest news from our financial experts.

Also, follow us on Facebook and LinkedIn. These sites keep you updated on our work, let you talk with our team, and show how we help clients reach their financial goals.

“Building strong relationships is key in our savant wealth management approach. Our online presence shows this commitment, helping us connect with clients and the community deeply.”

If you’re a current client or just looking for financial advice, please visit our website and connect with us on social media. Our team is ready to give you the info, tools, and personal support you need for your financial future.

Conclusion

Savant Wealth Management is a top financial services firm. It offers solutions to help clients reach their financial goals and secure their future. The team is dedicated to giving advice that focuses on the client, not just making sales.

They provide services like investment management, financial planning, tax advice, and help with passing on wealth. This makes them a go-to for many looking for financial guidance.

The firm stands out because of its expertise, independence, and being owned by its employees. This setup lets them offer great value and personal support to their clients. Their growth shows they are a trusted advisor in the financial world.

If you want to improve your investments, plan for retirement, or protect your family’s wealth, Savant Wealth Management can help. They have the knowledge and tools to meet your financial needs. Consider working with them on your path to financial security and success.

FAQ

What is Savant Wealth Management’s mission?

Savant Wealth Management aims to improve the lives of one million people. They offer many financial services like investments, financial planning, and tax management. They also handle estate planning, family wealth transfer, accounting, and retirement plans.

What services does Savant Wealth Management offer?

They provide a wide range of financial services. This includes investment management, financial planning, and tax advice. They also offer family office and wealth transfer solutions, corporate accounting, and retirement plan services.

How does Savant Wealth Management approach investment management?

They focus on portfolio management, asset allocation, and risk management. Their team works with clients to create investment strategies that fit their financial goals and risk levels.

What financial planning strategies does Savant Wealth Management offer?

They offer strategies for retirement and estate planning. Their financial planning experts help clients develop strategies for a secure financial future.

What tax advisory and preparation services does Savant Wealth Management provide?

They help clients navigate the tax code and optimize their tax strategies. Their tax specialists ensure clients use all deductions and credits available to them.

What family office and wealth transfer solutions does Savant Wealth Management offer?

They provide trust services and family governance. Their experts help clients develop strategies for transferring wealth to future generations safely.

What corporate accounting and consulting services does Savant Wealth Management provide?

They offer corporate accounting and consulting services. This includes business valuation and payroll services. Their team helps businesses improve their financial operations and support their growth.

What company retirement plan services does Savant Wealth Management offer?

They provide comprehensive retirement plan services for businesses. Their experts help design, implement, and manage retirement plans that align with the company’s goals.

What is Savant Wealth Management’s fee-only and independent structure?

They are an independent, fee-only registered investment adviser. This structure allows them to give unbiased advice and attract top talent. They can’t be forced to sell or buy out investors, ensuring they act solely for their clients.

How has Savant Wealth Management grown and expanded?

The firm has grown by making strategic acquisitions and partnerships. In October 2022, they acquired Cedar Rapids-based firms World Trend Financial and Terry Lockridge & Dunn, expanding into Iowa.

How is Savant Wealth Management involved in the local community?

They are committed to the local community and joined Greater Iowa City, Inc. They believe in collaboration and are eager to share their financial expertise and support local initiatives.

How does Savant Wealth Management’s approach prioritize its clients?

Their approach is centered on the client. They work closely with each client to create personalized solutions for their financial needs and goals. They focus on making decisions that benefit the client, aiming to help them achieve their ideal future.

What is the experience and expertise of Savant Wealth Management’s team?

The team includes experienced financial professionals like investment managers and financial planners. They offer a wide range of services, providing comprehensive financial solutions tailored to clients’ needs.

How can clients stay connected with Savant Wealth Management?

Clients can visit their website at www.savantwealth.com for more information. They can also follow them on social media like Facebook and LinkedIn for updates and to connect with financial experts.

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