VastAdvisor, an AI-powered Organic Growth OS for wealth management firms, has raised $1 million in a SAFE funding round led by fintech and wealth management industry executives Dani Fava, Jason Pereira, and Sally George.
The company plans to use the funding to accelerate product development and expand its go-to-market efforts across registered investment advisors (RIAs), broker-dealers and wealth platforms.
Launched earlier this year at Future Proof Citywide, VastAdvisor is building an AI-driven infrastructure layer focused on helping wealth management firms acquire new assets, rather than managing existing assets. Its platform combines audience intelligence, campaign automation, compliance monitoring and continuous performance optimization in one system.
VastAdvisor uses fine-tuned AI models trained on firm-specific data to improve targeting, messaging and conversion, while helping firms reduce customer acquisition costs and maintain compliance.
The funding follows the addition of several senior executives, including Phil Gale as co-founder and COO, Eli Gassert as CTO, and Dr. Edoardo M. Airoldi as acting chief data officer.
“It has been so meaningful and validating having not only a financial investment from fintech juggernauts but also having their support and encouragement as VastAdvisor develops and permeates the wealth management ecosystem,” said Ian Karnell, chief executive officer and co-founder of VastAdvisor. “We are already off to the races on our journey to become the category-defining organic growth infrastructure in wealth management; this backing will propel us further.”
“VastAdvisor is a platform that has to be witnessed; its capabilities are exactly what the wealth management industry has needed but could never realize all in one place,” Pereira said. “Organic growth has globally been an issue for years but it doesn’t have to be anymore thanks to VastAdvisor.”
