What are the responsibilities and job description for the Legal & Compliance position at Savvy Wealth?
About Savvy Wealth
Wealth management is a $545 billion industry in the US, yet remains archaic and inefficient with low technology penetration. 75% of financial advisors don’t offer digital communication beyond email, and 62% still build financial plans manually in Excel. This leads to a poor client experience and results in financial advisors spending over 70% of their time on non-client facing, manual work.
Savvy is changing that. We’re building the most advisor-centric platform in wealth management: a digital-first solution that modernizes human financial advice. Advisors who partner with Savvy tap into AI-powered software, automated sales and marketing, and seamless back office workflows to scale faster and spend more time with clients.
We’ve raised over $105M to date from Thrive Capital, Index Ventures, Canvas Ventures, Mark Casady (former LPL Financial CEO), and other top-tier investors. Our team is made up of repeat founders and operators who’ve helped build Airbnb, Square, Brex, Carta, Facebook, $200B RIAs, and more.
Savvy is at a pivotal point in its growth trajectory, having established strong product-market fit in providing a modern platform to financial advisors. We’ve surpassed $5.1 billion in AUM in less than three years, grown 600% in the last 18 months, and are entering the next phase of the company which involves rapid expansion of our product offering and continued revenue growth. Come help us scale!
The Role
The Legal & Compliance role will support the organization’s legal and regulatory obligations by assisting with contract management, compliance monitoring, regulatory flings, policy and procedure creation & implementation, and project management. This role requires strong attention to detail, well versed in FINRA and SEC RIA requirements, sound legal and RIA compliance judgment, and the ability to work cross-functionally to mitigate legal and regulatory risk. Broker-Dealer experience is a plus.
Responsibilities
Legal Support
Wealth management is a $545 billion industry in the US, yet remains archaic and inefficient with low technology penetration. 75% of financial advisors don’t offer digital communication beyond email, and 62% still build financial plans manually in Excel. This leads to a poor client experience and results in financial advisors spending over 70% of their time on non-client facing, manual work.
Savvy is changing that. We’re building the most advisor-centric platform in wealth management: a digital-first solution that modernizes human financial advice. Advisors who partner with Savvy tap into AI-powered software, automated sales and marketing, and seamless back office workflows to scale faster and spend more time with clients.
We’ve raised over $105M to date from Thrive Capital, Index Ventures, Canvas Ventures, Mark Casady (former LPL Financial CEO), and other top-tier investors. Our team is made up of repeat founders and operators who’ve helped build Airbnb, Square, Brex, Carta, Facebook, $200B RIAs, and more.
Savvy is at a pivotal point in its growth trajectory, having established strong product-market fit in providing a modern platform to financial advisors. We’ve surpassed $5.1 billion in AUM in less than three years, grown 600% in the last 18 months, and are entering the next phase of the company which involves rapid expansion of our product offering and continued revenue growth. Come help us scale!
The Role
The Legal & Compliance role will support the organization’s legal and regulatory obligations by assisting with contract management, compliance monitoring, regulatory flings, policy and procedure creation & implementation, and project management. This role requires strong attention to detail, well versed in FINRA and SEC RIA requirements, sound legal and RIA compliance judgment, and the ability to work cross-functionally to mitigate legal and regulatory risk. Broker-Dealer experience is a plus.
Responsibilities
Legal Support
- Assist in drafting, reviewing, and managing contracts, agreements, and legal documents
- Maintain contract databases and ensure proper documentation and record-keeping
- Support senior legal counsel on corporate and regulatory matters
- Maintain contract databases and ensure proper documentation and record-keeping
- Monitor compliance with applicable laws, regulations, and internal policies
- Assist in implementing and updating compliance frameworks and procedures
- Support regulatory filings, audits, and inspections
- Track regulatory changes and assess their impact on the business
- Assist in drafting, reviewing, and updating internal policies and codes of conduct
- Support corporate governance activities, including board and committee documentation
- Help ensure adherence to internal controls and risk management processes
- Support compliance training initiatives for employees
- Respond to internal legal and compliance queries under supervision
- Assist in investigations related to compliance or policy breaches
- 5–8 years of experience in legal or compliance roles specifically within the Registered Investment Advisor (RIA) space (BD experience a plus).
- Deep familiarity with SEC regulatory portals and reporting requirements.
- Bachelor’s degree in Law (LLB), Paralegal Studies, or a related field.
- The ability to handle confidential information with absolute discretion while building trust across Product, Sales, and Ops teams.
- Strong proficiency in Google Workspace and modern compliance management tools.
- Broker-Dealer experience is a significant plus.
- Prior experience in a high-growth Fintech or "Service-as-a-Software" environment.
- Additional certifications (e.g., Series 65, Series 7, or relevant Compliance/Risk designations).
- Competitive salary and equity package
- Unlimited PTO paid company holidays
- Access to holistic medical, dental, and vision plans
- Company 401(k), Commuter, and HSA/FSA plans
- NYC office in the heart of Manhattan
- Lunch and snacks provided in the office
- Access to virtual mental health care (Spring Health), vision related benefits (XP Health), and health concierge (Rightway) to help you find the right care
- Access to counseling for stress management, dependent care, nutrition, fitness, legal, and financial issues (Guardian WorkLifeMatters EAP)
Salary : $120,000 - $160,000