Mark Swan

We've raised a $70,000,000 Series B, led by @eqtventures, bringing our total funding to $110 million in just two years. At @neviswealth we believe financial advice will always be human-led. But advisors spend far too much time on administrative work, held back by outdated and fragmented technology. Nevis brings CRM, meeting intelligence, financial planning and custodial workflows into one AI platform. Our agents execute work end-to-end, enabling advisors to serve more clients, deliver more services and grow faster. The past 12 months have been extraordinary: - Revenue has grown more than 25x. - We've partnered with 10+ leading RIAs, including Focus Financial Partners, IEQ Capital and United Capital. - Assets on Nevis have grown from $50B to over $700B, adding $50B every month. - Our AI agents have completed over 100,000 operational tasks. Advisors using Nevis are already reclaiming up to 10 hours a week and taking 30% more prospect meetings. Our ambition is to make every financial advisor a super advisor, equipped to serve more clients, deliver more personalized advice and build businesses at an entirely new scale. This funding will allow us to grow our team, accelerate product development and build new products across the wealth management technology stack. I'm also excited to welcome two new investors, @CharlesSchwab and Quantum Light. Schwab's strategic investment will deepen our partnership and unlock more AI-powered workflows for the 16,000+ independent RIAs they serve. QuantumLight is the venture capital firm founded by Revolut founder and CEO Nik Storonsky. Every one of our existing investors, including @sequoia , @ICONIQCapital and @RibbitCapital, has also doubled down. To our customers, investors and above all our team, thank you for your trust, ambition and relentless execution. We're building the foundational AI platform for wealth management. And we're just getting started. Read more here: neviswealth.com/blog/nevis-r…

Absolute legend. Working with Nik at Revolut was some of the best years of my life. Truly one the best founders in the world, no question.

Kurt has built Corient into one of the most impressive firms in wealth management. A great conversation on the enormous opportunity to innovate and shape the future of the industry. Highly recommend giving it a listen.

Vanguard acquires Altruist for $4B. V interesting news for the wealth industry wsj.com/business/deals/vangu…

When we started @neviswealth, the "easy" move was to ship another AI point solution, a small wedge like a note taker or a document parser. But talk to any financial advisor about their technology and you'll hear the same story. The CRM doesn't talk to the performance reporting system. Performance reporting doesn't talk to email. Advisors spend their day manually pulling data from siloed tools, managing a zoo of point solutions and drowning in admin. One more tool wasn't going to fix that. So we chose the harder path. Build one unified operating system for wealth, with task management, agents, email, account opening, money movement, analytics, proposals and more, all within a single AI platform instead of a dozen disconnected ones. It took longer to build, but it's delivered far more value to our customers, and every bit of the extra effort was worth it. I sat down with @slpierre, GP at @ICONIQCapital, for ICONIQ's Uncommon Path to talk through this journey. It has been a true pleasure partnering with ICONIQ this past year. No one knows the wealth management space better than they do. Thank you to the whole ICONIQ team for your continued investment and support. Watch the full episode: youtube.com/watch?v=hTLZA0Eq…

Delivering real results matters. Anthropic’s Claude models give us the foundation to ship AI that performs at enterprise scale and helps advisors using Nevis cut hours of admin, operate with more precision, and grow without adding headcount. This is how AI should work in wealth management.

Thanks @SebJohnsonUK for having me on the podcast to share more about what we’re building at @neviswealth . This is a unique opportunity to build the leading AI in wealth management, so it was great to get the opportunity to talk about it on the pod.

Today, I’m excited to publicly launch @neviswealth and announce we’ve raised $40M from @sequoia , @ICONIQCapital , and @RibbitCapital to build the future of AI for wealth management. Why we founded Nevis Some people think AI will replace financial advisors. They’re wrong. Today, advisors in the US support over 50M Americans with their life savings and help them navigate life’s biggest decisions from planning for retirement to sending their kids to college. Our belief is that those moments will always be human-led. But there’s a problem. Financial advisors spend +80% of their time on admin as a result of fragmented technology and manual workflows. This limits growth, increases costs, and restricts access to professional advice for millions of families who need it. AI to empower advisors, not replace them Nevis solves this with an AI platform built specifically for wealth management that: ✅ Automates admin tasks, saving advisors hours per day. ✅ Helps firms grow AUM without growing headcount. ✅ Enables advisors to serve more clients without sacrificing quality. The people who made this possible My co-founders Philipp and Ivan. Two of the smartest people I’ve ever met. Building Nevis with you both is a true privilege. Our investors @sequoia , @ICONIQCapital , and @RibbitCapital . For your early conviction, partnership and continued support. Our earliest customers United Capital, GC Wealth, Apollon Wealth Management, Dodds Wealth Management. Thank you for your trust in Nevis. And to our entire team. You execute relentlessly and care deeply about the advisors and wealth management firms we serve. This is only possible because of you. This is only the beginning. Read more here: neviswealth.dev/news/nevis-r…