FirstWave Financial
Fee-only, fiduciary wealth management firm serving 24,000+ high-net-worth individuals, families, and institutions via 70 U.S. offices and 297 employee member-owners, with $57.2B in client assets.
- Company typePrivate
- Founded1986
- HeadquartersSatellite Beach, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What FirstWave Financial does
Savant Wealth Management, operating under the FirstWave Financial domain, is a fee-only, fiduciary registered investment advisory firm founded in 1986 and structured as an employee member-owned company with 297 Employee Member-Owners. The firm delivers comprehensive wealth management services to more than 24,000 successful individuals, families, and institutions, spanning nine interconnected practice areas: comprehensive wealth management, investment management, financial planning, tax advisory and preparation, accounting and business consulting, trust services, family office services, company retirement plan services, and estate planning and wealth transfer. Client segments are diversified across HNW individuals and families (primary), businesses, executives and professionals (including technology professionals and public-company executives), university faculty/physicians/administrators, and individuals navigating divorce or spouse loss.
The firm's go-to-market is sales-led and direct: an in-house team of credentialed financial advisors (CFP, CDFA, ChFC, CLU, MME designations) delivers advisory services through 70 offices across 28 U.S. states, complemented by phone and virtual consultations. The underlying technology platform is WiseOS, described as a proprietary wealth management operating system integrated with AI capabilities, which the firm positions as a core operational backbone. Marketing and demand generation combine content marketing, educational resources, webinars, newsletters, social media (LinkedIn, X, Facebook, YouTube, Instagram), earned media, and a client referral program.
Revenue is generated through recurring advisory fees on client assets, with $55.7B in client assets under management and $1.5B in client assets under advisement (combined $57.2B) as of 06/30/2026. Pricing is not publicly disclosed and is structured as tailored comprehensive wealth management packages. The firm is privately held with no external parent or venture capital backing disclosed, and has received consistent industry recognition including Barron's #12 Top 100 RIA Firm 2025, Financial Planning #5 Top 20 RIA 2025, InvestmentNews 5-Star Wealth Management Teams 2025, and three consecutive years on the Inc. 5000.
FirstWave Financial firmographics
Firmographics- Name
- FirstWave Financial
- Legal name
- Savant Wealth Management
- Website
- https://firstwavefinancial.com
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Fee-only, fiduciary wealth management firm serving 24,000+ high-net-worth individuals, families, and institutions via 70 U.S. offices and 297 employee member-owners, with $57.2B in client assets.
- Ownership category
- akta.pro rank
FirstWave Financial industry classification
Industry- Product category
- Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940), Trust, Fiduciary, and Custody Activities (523991)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)
- akta.pro secondary industries
- Financial Planning–Led RIAs (FSAAACAB), Corporate Retirement Plan Advisory RIAs (ERISA 401(k)/403(b)) (FSAAACAF), Private Banking & UHNW Wealth Advisory (FSAEABAC)
Keywords
Where FirstWave Financial is headquartered
LocationHeadquarters
- HQ city
- Satellite Beach
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
FirstWave Financial business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Advisory and Wealth Management Services: Fee-only fiduciary advisory services providing comprehensive wealth management including investment guidance, financial planning, tax and business consulting, estate planning, trust services, and family office support. Revenue derived from advisory fees charged to clients for comprehensive wealth management services.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels7 records
FirstWave Financial product offering
Product offeringCore offering
Savant Wealth Management is a fee-only, fiduciary RIA delivering comprehensive wealth management that combines investment management, financial planning, tax advisory and preparation, accounting and consulting, trust services, family office services, company retirement plan services, and estate planning and wealth transfer. Services are delivered through 70 U.S. offices by 297 Employee Member-Owners serving more than 24,000 clients with $57.2B in client assets (AUM $55.7B + AUA $1.5B as of 06/30/2026).
Product overview
Savant Wealth Management is a fee-only, fiduciary wealth management firm offering a unified platform of financial services. The company provides nine interconnected service areas including Comprehensive Wealth Management (the core integrated offering), Investment Management, Financial Planning, Tax Advisory & Preparation, Accounting & Consulting Services, Trust Services, Family Office Services, Company Retirement Plan Services, and Estate Planning & Wealth Transfer. These services are delivered through 70 offices across the United States by 297 employee member-owners serving over 24,000 clients with $57.2B in client assets.
Differentiator
Problem solved
Functional benefit
Products and services
- Comprehensive Wealth Management
Quantifiable outcome
- $57.2B in client assets under management and advisement
Companies that use FirstWave Financial
Customer profileSegments5 records
Ideal customer profiles5 records
FirstWave Financial technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature1 record
FirstWave Financial partnerships and signals
Strategic signalScale indicators6 records
Recent moves5 records
Expansion highlights5 records
FirstWave Financial competitors and assessment
Company assessmentBroad incumbents
- Edelman Financial Engines: Large national RIA combining financial planning with workplace retirement plan services; broader employee benefit focus but overlaps with Savant's retirement and HNW advisory lines.
- Focus Financial Partners: Large RIA support platform partnering with independent advisor firms; broader in scope but overlaps with Savant on HNW wealth advisory and competes directly for advisor talent and clients.
- Brown Brothers Harriman: Private bank and wealth manager offering investment management, trust, and estate services for HNW individuals; broader financial services firm but directly comparable wealth advisory offering.
Direct peers
- Carson Group: National wealth management firm serving advisors and HNW clients with integrated financial planning, tax, and investment services; directly comparable in advisor-led RIA model.
- Bessemer Trust: National wealth and investment management firm serving UHNW families and foundations with trust, estate, and family office services; comparable niche at the higher end of the HNW spectrum.
- Mercer Advisors: Fee-only RIA with comprehensive wealth management, tax planning, and estate services for HNW clients nationwide; competes head-to-head with Savant across the U.S.
- Mariner Wealth Advisors: National fee-based RIA with comparable HNW focus, multi-service platform (tax, estate, trust), and similar geographic reach; directly comparable in scale and service breadth to Savant.
- Aspiriant: Fee-only RIA focused on HNW clients with tax, investment, and estate planning services; comparable mid-large scale RIA operating under a fiduciary model.
- Creative Planning: One of the largest U.S. RIAs delivering comprehensive wealth management including tax, estate, and financial planning for HNW individuals; directly competes in the fee-only advisor market.
- Cerity Partners: National RIA serving HNW families and institutions with comprehensive wealth management, tax, and estate services; comparable scale and service mix to Savant.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
FirstWave Financial social profiles
Digital presenceFirstWave Financial financial estimates
Financial estimateRevenue estimate
Valuation estimate
FirstWave Financial leadership team
Management profileNumber of profiles
Profiles1 record
FirstWave Financial funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FirstWave Financial M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FirstWave Financial
What does FirstWave Financial do?
Savant Wealth Management is a fee-only, fiduciary RIA delivering comprehensive wealth management that combines investment management, financial planning, tax advisory and preparation, accounting and consulting, trust services, family office services, company retirement plan services, and estate planning and wealth transfer. Services are delivered through 70 U.S. offices by 297 Employee Member-Owners serving more than 24,000 clients with $57.2B in client assets (AUM $55.7B + AUA $1.5B as of 06/30/2026).
Is FirstWave Financial a public or private company?
FirstWave Financial is a private company. It is classified as management employee owned and is currently operating.
When was FirstWave Financial founded?
FirstWave Financial was founded in 1986. It employs 11 to 50 people.
Where is FirstWave Financial based?
FirstWave Financial is headquartered in Satellite Beach, United States, in the North America region.
How does FirstWave Financial make money?
One revenue line is on record: advisory and Wealth Management Services.
Who are FirstWave Financial's main competitors?
Broad incumbents on record are Edelman Financial Engines, Focus Financial Partners and Brown Brothers Harriman. Direct peers are Carson Group, Bessemer Trust, Mercer Advisors, Mariner Wealth Advisors, Aspiriant, Creative Planning and Cerity Partners.
Does FirstWave Financial have an API?
No public API is recorded for FirstWave Financial.
What industry is FirstWave Financial in?
FirstWave Financial's product category is Wealth Management. Its primary akta.pro industry code is FSAEABAA, Registered Investment Advisor (RIA) Wealth Management, with a secondary code of FSAAACAB, Financial Planning–Led RIAs. Its NAICS code is 523940 and its SIC code is 6282.