Looking for the best way to manage your wealth? Here’s a quick comparison between Savant Wealth Management and Mezzi, two platforms with distinct approaches to investment and financial planning.
- Savant Wealth Management: A traditional, fee-only firm managing $29.03 billion in assets (as of Dec 2024). It offers personalized, advisor-led services focusing on evidence-based strategies, diversification, and tax efficiency. Ideal for high-net-worth individuals seeking hands-on, fiduciary support.
- Mezzi: A newer, AI-powered platform providing real-time portfolio tracking, tax optimization, and investment recommendations. It’s subscription-based, offering a free plan or a premium plan at $199/year. Perfect for tech-savvy, cost-conscious users who prefer automation and AI-driven insights.
Quick Comparison
| Aspect | Savant Wealth Management | Mezzi |
|---|---|---|
| Core Approach | Evidence-based investing with advisors | AI-powered automation |
| Service Model | Personalized, advisor-led planning | Self-directed with AI tools |
| Cost | 0.50%-1.25% AUM or hourly fees | Free or $199/year |
| Tax Strategy | Advisor-led tax planning | AI-driven tax optimization |
| Portfolio Tracking | Quarterly reviews | Real-time tracking and alerts |
| Best For | High-net-worth individuals | Tech-savvy, budget-conscious investors |
Which should you choose?
- Go with Savant if you want expert advice, tailored planning, and fiduciary oversight.
- Choose Mezzi if you prefer automation, cost savings, and AI-driven insights.
Both platforms cater to different needs - decide based on your financial goals and preferences.
How Each Platform Invests
Savant's Research-Based Methods
Savant takes an evidence-based approach to building wealth over the long term. Their strategy focuses on diversification, cost reduction, and tax efficiency. By carefully balancing risk and return, they ensure clients have enough liquidity to meet their needs. Instead of relying on emotions or market timing, Savant bases decisions on data and research.
"Compared to more conventional investment approaches that commonly reflect emotion, instant satisfaction, and market timing, the evidence-based investing approach relies on wisdom, facts, data, and time spent in the market."
Their process includes routine portfolio reviews and adjustments to account for changes in the market or client circumstances. Operating on a fee-only model, Savant prioritizes transparency and aligns its services with client interests.
Mezzi's AI Investment Tools
Mezzi uses artificial intelligence to provide real-time investment guidance. Its AI system constantly reviews user portfolios to find ways to improve tax outcomes and reduce fees.
Here’s how Mezzi's AI features work:
| Feature | Function | Benefit |
|---|---|---|
| Real-Time Analysis | Continuous portfolio monitoring | Quickly identifies investment opportunities |
| Tax Optimization | Automated tax-loss harvesting | Lowers tax liability |
| Fee Analysis | Evaluates investment costs | Reduces overall expenses |
| Trade Evaluation | Reviews trading decisions | Enhances investment performance |
| Cost Savings | AI-driven portfolio adjustments | Saves users over $1,000 annually |
Investment Tracking Features
Both platforms offer tools to help users monitor their portfolio performance, but their approaches differ.
Savant includes detailed portfolio reviews as part of its management process, focusing on long-term performance and strategic updates.
Mezzi, on the other hand, emphasizes real-time tracking and actionable insights. By integrating with major financial institutions through secure providers like Plaid and Finicity (Mastercard), Mezzi offers a consolidated view of accounts. Key features include:
- Unified account views across multiple institutions
- AI alerts to help avoid wash sales
- Real-time tracking of tax impacts
- Comprehensive performance analysis
Users have praised Mezzi for saving time and improving decision-making. Many highlight its ability to simplify tax-efficient investing by preventing wash sales across accounts.
AI Features and Tech Tools
Savant's AI Portfolio Tools
Savant combines AI with its established methods to enhance portfolio analysis. The platform offers data-driven insights while keeping human oversight at the forefront.
| Aspect | Traditional Method | Savant's AI-Enhanced Method |
|---|---|---|
| Analysis Speed | Quarterly reviews | Continuous monitoring |
| Cost Structure | Higher advisory fees | Streamlined fee structure |
| Data Processing | Manual analysis | Advanced analytics |
| Tax Strategy | Annual planning | Dynamic adjustments |
| Risk Assessment | Periodic evaluation | Real-time monitoring |
This shift represents a step forward from conventional approaches, paving the way for Mezzi's unique offerings.
Mezzi's AI Alerts and Analysis
Mezzi leverages AI algorithms to deliver real-time alerts and actionable insights, accessible with its Premium Membership ($119/year).
"Predicting the future isn't magic, it's artificial intelligence." – Dave Waters
Key features of Mezzi's AI tools include:
- Automated risk scanning to identify potential portfolio risks
- Performance tracking to monitor returns effectively
- Smart account grouping for better investment organization
- Family collaboration tools to streamline management across accounts
- AI-driven prompts offering timely investment suggestions
These tools complement Mezzi's broader AI-powered investment strategies, providing users with up-to-the-minute intelligence.
Platform Design and Safety
Both platforms emphasize security but offer distinct user experiences. Savant uses a hybrid model that combines human oversight with AI, while Mezzi provides a fully digital interface supported by robust security measures.
"You can have data without information, but you cannot have information without data." – Daniel Keys Moran
A key difference lies in accessibility: Savant involves advisor interaction for major decisions, whereas Mezzi offers instant access to AI-generated insights. These technological tools play a vital role in aligning each platform's features with your financial objectives.
Cost Breakdown
Savant's Advisory Fees
Savant charges fees based on a percentage of Assets Under Management (AUM) for its wealth and investment management services, alongside fixed or hourly rates for financial planning. Here's a detailed breakdown:
| Service Type | Fee Range | Minimum Requirements |
|---|---|---|
| Wealth Management | 0.50% - 1.00% AUM | $300,000 in investable assets |
| Investment Management | 0.75% - 1.25% AUM | $3,000 minimum annual fee |
| Financial Planning | $250 - $5,000 fixed fee | Based on complexity |
| Hourly Consultation | $100 - $500 per hour | No minimum |
Wealth management services require a $10,000 minimum, while financial planning fees vary depending on the complexity of the plan.
Mezzi's Subscription Plans
Mezzi uses a subscription-based pricing model, offering both free and premium options:
| Plan | Annual Cost | Key Features |
|---|---|---|
| Free | $0 | • Consolidated account views • Basic insights • Family collaboration • Performance comparisons |
| Premium | $199 | • Real-time AI prompts • Unlimited AI chat access • Risk discovery tools • Advanced performance analysis |
The Premium plan is designed to save users over $1,000 annually by providing advanced tools and features at a flat rate.
Price Comparison
The cost differences between Savant and Mezzi depend largely on portfolio size and service needs. Here's how they compare:
| Portfolio Size | Savant Annual Cost* | Mezzi Annual Cost |
|---|---|---|
| $100,000 | $3,000 (minimum fee) | $199 |
| $500,000 | $3,750 (estimated at 0.75% AUM) | $199 |
| $1,000,000 | $7,500 (estimated at 0.75% AUM) | $199 |
*Savant's costs are approximate and can vary depending on the specific services used and individual client circumstances.
For larger portfolios, Savant's tailored services may justify its higher fees. However, Mezzi's flat-rate pricing is a cost-effective choice for smaller accounts or those seeking a budget-friendly option.
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Team Up with the Right Advisor
Personal Service Options
Both platforms go beyond investment and AI tools, offering services designed to address individual and family financial needs.
Savant's Advisor Services
Savant Wealth Management combines experienced advisors with digital tools to create tailored financial plans. Each client benefits from a custom approach that includes:
| Component | Description | Benefit |
|---|---|---|
| Dedicated Advisor Team | Personal wealth advisor with support staff | Expertise across various financial areas |
| Comprehensive Planning | Tax, estate, investment, and retirement strategies | A well-rounded wealth management approach |
| Digital Integration | Combines digital tools with traditional advising | Improved tracking and better decision-making |
| Fiduciary Support | Advisors act in the client's best interest | Investment recommendations aligned with client goals |
Savant's advisors focus on creating financial plans that address tax, estate, and investment planning needs.
Mezzi's AI Custom Features
Mezzi leverages AI to deliver personalized financial insights by analyzing user data and providing tailored recommendations:
| Feature | Function | Benefit |
|---|---|---|
| Smart Analysis | Examines spending and investment patterns | Delivers personalized financial insights |
| Custom Reporting | Produces detailed performance metrics | Simplifies understanding portfolio performance |
| Tax Optimization | Identifies opportunities to save on taxes | Helps reduce annual tax liabilities |
| Risk Discovery | Evaluates portfolio risk factors | Supports a balanced investment strategy |
The platform actively monitors accounts and provides real-time suggestions for wealth-building opportunities. Both platforms extend their expertise to managing family finances, offering solutions beyond individual portfolios.
Group Account Management
For family and group accounts, each platform offers unique solutions to meet collective financial goals.
Savant's Family Office Services include:
- Multi-generational planning for wealth transfer, tax, and estate considerations
- Investment strategies tailored to family needs
- Trust service administration for structured oversight
Mezzi, on the other hand, simplifies family financial management with:
- Consolidated family accounts
- Collaborative tools for shared insights and progress tracking
While Mezzi focuses on enabling individual control within a collaborative framework, Savant delivers professional oversight to ensure wealth preservation across generations.
Conclusion
Comparing the Platforms
Savant Wealth Management and Mezzi take different paths to help you manage your wealth. Here's a quick comparison:
| Aspect | Savant Wealth Management | Mezzi |
|---|---|---|
| Core Approach | Data-driven investing with expert advisors | AI-powered automation with real-time data |
| Service Model | Tailored financial planning with a dedicated team | Self-directed with AI support |
| Cost Structure | Asset-based fees or flat-rate pricing | Asset-based fees or flat-rate pricing |
| Primary Tools | Expert advisors and digital financial analysis | AI analytics and automated tools |
| Tax Strategy | Advisor-led tax planning | AI detects tax and fee savings |
Which Type of Investor Are You?
The right platform depends on your financial needs and preferences.
Savant Wealth Management is ideal for:
- High-net-worth individuals seeking personalized, hands-on service.
- Those who value direct relationships with advisors.
- Clients needing help with complex estate planning.
- Investors who prioritize fiduciary oversight.
Mezzi appeals to:
- Tech-savvy users who are comfortable with digital platforms.
- Cost-conscious individuals looking to save on fees.
- People managing multiple financial accounts in one place.
- Investors who prefer automated tools for portfolio management.
Choosing What Works for You
Ultimately, your decision comes down to what matters most in managing your finances.
Pick Savant if you prioritize expert advice, comprehensive planning, and fiduciary oversight:
- Need estate planning or other specialized services.
- Want a mix of human expertise and digital tools.
- Value a fiduciary advisor relationship.
Go with Mezzi if you're all about efficiency, automation, and cost savings:
- Aim to reduce management fees.
- Prefer AI-driven insights and tools.
- Save over $1,000 annually, on average.
- Appreciate real-time portfolio tracking.
Whether you lean toward human expertise or cutting-edge technology, choose the platform that aligns with your financial goals and style.
