Savant Capital, LLC (“Savant”, “we”, “us”, “our” and/or “the firm”), is a Delaware corporation doing
business as Savant Wealth Management, Savant University Wealth Management, or Bridgeworth Wealth
Management and is registered as an investment adviser with the SEC. Savant is wholly owned by Savant
Capital Holdings, LLC. Savant and its predecessor company have been offering investment advisory
services since March of 1993.
We also make available tax preparation services, financial planning, trust and estate settlement services,
tax consulting and business succession planning through our wholly owned subsidiary, Savant Tax &
Consulting (“ST&C”) and estate planning document preparation and other legal services through our
affiliated law firm, Savant Legal LLP (“Savant Legal”). Certain Savant offered services discussed below are
provided and billed by ST&C or Savant Legal.
Savant is headquartered in Rockford, IL with additional offices in Alabama, Arizona, Delaware, Georgia,
Florida, Illinois, Indiana, Iowa, Massachusetts, Michigan, New Mexico, Pennsylvania, South Carolina,
Virginia, and Wisconsin. As of March 31, 2024, Savant has discretionary assets under management of
$26.0 billion and non-discretionary assets under management of $0.6 billion. Savant also maintains $1.2
billion of assets under advisement for which Savant provides monitoring and/or advisory services, but for
which Savant does not retain trading authority.
Comprehensive Wealth Management
Savant is a fee-only investment management firm, offering comprehensive wealth management services
to its clients. Services may include any, or all, of the following, depending upon the client’s specific needs:
• Investment Management
• Financial Planning
• Estate Planning and Wealth Transfer
• Tax Advisory and Preparation
• Business Succession Planning
• Accounting and Consulting Services
• Company Retirement Plan Services
Savant’s investment model services for advisory clients are intended to comply with Rule 3a-4 under the
Investment Company Act of 1940. Clients’ accounts are managed based on their individual financial
situations. Each client works with Savant to select the account's investment objective and, to the extent
desired by the client, to impose reasonable restrictions on the management of the assets in the account.
Clients are under no obligation to act upon any of the recommendations made by Savant. Clients are
advised that it remains their responsibility to promptly notify the firm of any change in their financial
situation or investment objectives for the purpose of reviewing, evaluating, or revising Savant’s
recommendations and/or services.
For clients that typically do not require the same level of investment complexity due to their current
financial needs, we offer more limited models. These models utilize the same asset allocation as our full
models however, to help control costs, the mix of funds selected for inclusion within these allocation
models is usually more limited than those used in Savant Wealth Management. In order to provide these
services at a cost-effective rate, the number and level of services included is narrower than those provided
under the Savant Wealth Management umbrella.
Investment Management
Savant manages client investment portfolios on a discretionary or nondiscretionary basis. Savant helps
the client to determine his or her investment objective(s). The following are the major factors Savant
considers when recommending and implementing investment recommendations:
• Risk tolerance
• Long-term rate-of-return objective
• Investment time horizon
• Income and liquidity needs
• Tax considerations
• Recommended asset allocation/asset
class guidelines
• Limitations on investment holding
Sources of information used to develop investment recommendations usually include, but are not limited
to, the following:
• Client questionnaire(s) and interview(s)
• Review of client’s current portfolio
• Analysis of historical risk/return characteristics of various asset classes
• Analysis of the long-term outlook for global financial markets
• Analysis of the long-term global economic and political environments
Savant maintains a series of asset allocation models based on risk tolerance and investment objective.
Model portfolios typically will include a blend of low-cost mutual funds and exchange traded funds
(“ETFs”) across a broad spectrum of equity, fixed income, and alternative asset classes. In some limited
circumstances Savant may incorporate individual fixed income securities, private placement funds, or use
option strategies. We also maintain socially responsible model portfolios for clients with social values or
sustainability as an objective. Our investment recommendations are not limited to any specific product or
service offered by a broker/dealer.
Savant works with the client to select and implement an appropriate model portfolio for each account,
consistent with the client’s investment objective and risk profile. Savant will periodically rebalance the
client’s investment portfolio to conform to the asset allocation/asset class guidelines accepted by the
client. Savant, in consultation with the client, will periodically review each client’s portfolio to determine
whether risk and return objectives should be revised as a result of changes in the client's financial
circumstances.
From time to time and to the extent permitted in each client’s advisory agreement, Savant may
recommend and utilize the sub-advisory, separately managed account (“SMA”), and Turnkey Asset
Management Program (“TAMP”) services of a third-party investment advisory firm or individual advisor
(altogether, “Third Party Managers”) to aid in the implementation of an investment portfolio designed by
our firm to meet the unique needs or complexities of that client. In such cases, it is usually necessary for
Savant to collect certain financial information regarding clients and make that information available to
these Third Party Managers.
Where appropriate, Savant may also provide advice about any type of legacy position or other investment
held in client portfolios. Clients may engage Savant to manage and/or advise on certain investment
products that are not maintained at their primary custodian, such as variable life insurance and annuity
contracts and assets held in employer sponsored retirement plans and qualified tuition plans (i.e., 529
plans). In these situations, Savant recommends the allocation of client assets among the various
investment options available with the product. These assets are generally maintained at the underwriting
insurance company, or the custodian designated by the product’s provider. Savant’s service is limited to
reporting and non-discretionary consulting services only, which does not include investment
implementation. The client and/or their other advisors that maintain trading authority, and not Savant,
shall be exclusively responsible for the investment performance and implementation of any
recommendations.
Financial Planning
Financial Planning is included in the services and fees for Savant’s wealth management clients per the fee
schedule set forth at Item 5 below. However, Savant also offers financial planning services on a stand-
alone separate fee basis, using one or more of the following key financial planning disciplines:
• Retirement Planning
• Risk Management & Asset Protection
• Debt Management
• Education Planning
• Health & Wellness
• Income Tax Planning
• Investment Planning
• Estate Planning & Administration
• Business Planning & Succession
• Charitable Planning
The results are presented to the client based upon objectives communicated, either orally or in writing,
by the client and/or his or her advisors. Planning advice may be provided through individual consultations
and/or a written plan document. Savant will provide an estimate of the cost to prepare the requested
financial planning services which are based upon the type and complexity of the services requested.
Savant believes that it is important to address financial planning issues with each client on an ongoing
basis. Savant’s fee to its wealth management clients, as set forth at Item 5 below, will remain the same
whether the client determines to address planning issues with Savant or not. Savant remains available to
address planning issues with the client on an ongoing basis.
Estate and Wealth Transfer Services
With limited exceptions as referenced below, Savant Estate and Wealth Transfer Services are included in
the services and fees for Savant wealth management clients.
Estate and Trust Administration: Savant can assist the families or intended heirs of a deceased client to
transition the deceased client’s assets to the appropriate recipient(s) based on the deceased client’s
estate planning documents and financial account beneficiary designation forms. Savant coordinates with
the deceased client’s attorney, accountant, and outside financial service providers. The types of services
that will be provided to the client will vary based upon the complexity of the deceased client’s asset
structure and the complexity of the administrative provisions set forth in the deceased client’s estate
planning documents. For Savant wealth management clients, services typically include:
• Identification of the deceased client’s assets, determination of asset titling, real estate record
retrieval, and creation of a balance sheet by Savant Planning Team, Savant Wealth Financial
Advisor, and/or Savant Wealth Transfer Advisor
• Preparation of individualized deceased client estate and trust administration checklist by Savant
Planning Team and/or Savant Wealth Transfer Advisor
• Obtainment of tax identification numbers for irrevocable trusts(s) by Savant Planning Team
Savant also offers additional services to its wealth management clients that would not typically be
included within Savant’s wealth management fee set forth at Item 5 below, therefore resulting in an
additional hourly based cost to the client. These additional services can include:
• Concierge service to coordinate estate and trust administration with outside legal advisors, tax
advisors, and financial service providers. Services provided by Savant Planning Team, Savant
Wealth Financial Advisor, and/or Savant Wealth Transfer Advisor
• Registration of the deceased client’s Last Will by Savant Planning Team and/or Savant Wealth
Transfer Advisor
• Review and interpretation of trust instruments by Savant Wealth Transfer Advisor
• Preparation of fiduciary accountings for beneficiaries by Savant Planning Team and/or
Savant
Wealth Transfer Advisor
Wealth Transfer: Savant can also work with clients and their attorneys to develop plans that help facilitate
the smooth transition of assets from one generation to the next while eliminating needless tax and
perpetuating the transfer of our client’s legacy and family values. The services clients receive will vary
based upon the client’s individualized needs. For Savant wealth management clients, services typically
include:
• Savant Ideal Futures Wealth Transfer™
Plan performed by Savant Planning
Team on an as needed basis.
• Savant Ideal Futures Wealth Transfer™
Report created by Savant Wealth
Financial Advisor, Savant Planning Team,
or Savant Wealth Transfer Advisor.
• Comprehensive estate and wealth
transfer gap analysis using Savant Ideal
Futures Wealth Transfer Process™
• Periodic consultation with a Savant
Wealth Transfer Advisor.
• Client’s Savant Wealth Financial Advisor
can consult with Savant Wealth Transfer
Advisor, as required.
• Concierge service to coordinate estate
planning and document drafting by
outside legal advisors
Savant also offers estate and wealth transfer services on an hourly, retainer, or project-based basis. Savant
will provide an estimate of the cost to prepare the requested services which are based upon the type and
complexity of the services requested.
Document Preparation and Legal Services: Savant offers estate planning document preparation and other
legal services through its affiliation with Savant Legal LLP. Attorneys employed by Savant Legal LLP provide
these legal services to clients. Although we recommend clients use the services of Savant Legal LLP, clients
are never obligated or required to use such services. The services of Savant and Savant Legal LLP are
separate and distinct from one another, each with a separate agreement and compensation arrangement
for services rendered.
Tax Advisory and Preparation Services
Tax return preparation services are offered to Savant wealth management clients for an additional fee.
Services include:
• Individual income tax
• Trust tax returns
• Business tax returns
• Estate tax returns
• Benefit plan tax returns
These services are provided as an additional service. The tax preparation fee is in addition to the client’s
wealth management fee. In limited circumstances, at Savant’s discretion, tax preparation services are
included as part of the standard wealth management fee being charged to a client (Savant, in its sole
discretion, can waive or negotiate fees). Savant’s tax advisory and preparation services are provided and
billed through its wholly owned subsidiary, ST&C.
Accounting and Consulting Services
Savant offers the following bookkeeping and payroll services to non-advisory clients through its wholly
owned subsidiary, ST&C.:
• Monthly bookkeeping
• Preparation of payroll and all payroll tax filings (federal and state)
• Payroll tax payments
• Business tax returns
Savant will provide an estimate of the cost to provide the requested services which are based upon the
type and complexity of the services requested.
Executive Planning Services
To the extent desired by the client, Executive Planning services are included in the services and fees for
Savant wealth management clients. Savant can work with executives to help them evaluate executive
stock- based compensation such as stock options, phantom stock, performance awards, stock
appreciation rights, executive stock purchase plans (“ESPP”) and restricted stock. Savant can also assist
with executive non-qualified deferred compensation planning.
Family Office Services
Savant’s Family Office Services are designed for the multi-faceted and complex needs of high-net-worth
and ultra-high-net-worth families. Services may include any, or all, of the following, depending upon the
client’s specific needs:
• Investment Management
• Financial Planning
• Estate Planning and Legacy Planning
• Tax Strategy and Planning
• Trust Services
• Accounting and Consulting Services
• Drafting estate plans, trust and estate
settlement services, and other legal
services through our affiliated law firm,
Savant Legal LLP
Because Savant’s team includes financial advisors, investment researchers, estate planning specialists,
attorneys, an in-house private trust department, tax accountants, and accounting professionals, we can
help coordinate these complexities all in one place.
Retirement Plan Services
Savant’s Retirement Plan Services are designed to help companies provide an attractive benefit plan for
their employees while reducing their fiduciary risk and minimizing their administrative burden. Savant’s
services can include any, or all, of the following, depending upon the client’s specific needs:
• Plan Design & Coordination Tools
• Fiduciary Consulting
• Investment Consulting
• Participant Education
In addition to the services described above, Savant can also provide:
• Investment policy statement
development and maintenance
• Formalization and maintenance of
investment review guidelines
• Initial and ongoing due diligence
• Investment and market research
• Fund searches
• Access to institutional funds
• Monitoring service
• Annual fund status, analysis, and review
report
• Evaluating new funds
• Cost oversight
Savant can also serve as the named plan administrator under ERISA 3(16). In this capacity, Savant can
also fulfill other responsibilities as set forth in plan documents in accordance with sections 101, 102, and
103 of ERISA as applicable, including:
• Ensure all filings with the federal government (form 5500, etc.) are timely made
• Make important disclosures available to plan participants
• Hire plan service providers
Savant can serve as a plan fiduciary to the extent specified in the agreement signed between Savant and
the client. Savant’s service as fiduciary and plan administrator, and the related responsibilities, will
terminate when the agreement ends. Savant’s obligations are contingent upon the client providing timely
and accurate information regarding the plan it sponsors and/or its participants.
At the discretion and expense of Savant, we can outsource any of the above services. As an
accommodation to the plan, services provided to/for participants’ self-directed brokerage accounts are
limited to obtaining periodic statements from the custodian or plan participant; updating the plan’s
recordkeeping account; and reporting the self-directed brokerage account activity and balances on
federal government filings as required.
On a select basis, Savant may provide consulting services that is more limited in nature than the programs
listed above.
Please note that Savant does not monitor its own services when serving as named plan administrator
under ERISA 3(16). We have a conflict of interest because Savant earns compensation as a result of the
engagement. The Plan Sponsor makes the decision to engage Savant as investment manager and plan
administrator and Savant is not acting as a fiduciary to the Plan when negotiating the terms of its own
agreement.
Sub-Advisory Services
Savant serves as a sub-adviser to unaffiliated registered investment advisers per the terms and conditions
of a written Sub-Advisory Agreement. With respect to its sub-advisory services, the unaffiliated
investment advisers that engage Savant's sub-advisory services maintain both the initial and ongoing day-
to-day relationship with the underlying client, including initial and ongoing determination of client
suitability for Savant's designated investment strategies.
If the custodian/broker-dealer is determined by the unaffiliated investment adviser, Savant will be unable
to negotiate commissions and/or transaction costs, and/or seek better execution. As a result, client may
pay higher commissions or other transaction costs or greater spreads, or receive less favorable net prices,
on transactions for the account than would otherwise be the case through alternative clearing
arrangements recommended by Savant. Higher transaction costs adversely impact account performance.
Other Services and Limitations
Non-Investment Matters. As discussed above, Savant provides financial planning and consulting services
regarding non-investment related matters, such as estate planning, tax planning, insurance, etc. Neither
Savant, nor any of its representatives, serves as an attorney or insurance agent, and no portion of Savant’s
services should be construed as same.
Recommended Professionals. To the extent requested by a client, Savant recommends the services of
other professionals for certain non-investment implementation purposes (i.e. attorneys, accountants,
insurance, etc.), including its affiliated accounting firm, Savant Tax & Consulting, and affiliated law firm,
Savant Legal LLP (See Item 10 below). The client is under no obligation to engage the services of any such
recommended professional and Savant will not be held responsible for any act or omission by these
professionals. The client retains absolute discretion over all such implementation decisions and is free to
accept or reject any recommendation from Savant.
Rollover Recommendations. A client or prospective client leaving an employer typically has four options
regarding an existing retirement plan (and may engage in a combination of these options): (i) leave the
money in the former employer’s plan, if permitted, (ii) roll over the assets to the new employer’s plan, if
one is available and rollovers are permitted, (iii) roll over to an Individual Retirement Account (“IRA”), or
(iv) cash out the account value (which could, depending upon the client’s age, result in adverse tax
consequences). If Savant recommends that a client roll over their retirement plan assets into an account
to be managed by Savant, such a recommendation creates a conflict of interest and a prohibited
transaction if Savant will earn new (or increase its current) compensation as a result of the rollover. When
acting in such capacity, Savant serves as a fiduciary under the Employee Retirement Income Security Act
(“ERISA”), or the Internal Revenue Code, or both and adheres to the impartial conduct standards. In
conjunction with any such rollover recommendation, Savant will demonstrate and document why such
recommendation is in the client’s best interest and will provide the client with a written fiduciary
acknowledgement. No client is under any obligation to rollover retirement plan assets to an account
managed by Savant.