Earned Wealth, a financial services firm focused on serving doctors, has secured $200 million in funding from Summit Partners and Silversmith Capital Partners. Existing investors like Juxtapose, Hudson Structured Capital Management, and Breyer Capital also joined in this round. Established in 2021, the company offers doctors a comprehensive platform for wealth management services, including financial planning, tax planning, and investing.
With over 3,000 clients and $2 billion in assets under management, Earned Wealth has seen rapid growth. The new funding will support the expansion of its services and potential acquisitions of businesses catering to medical professionals.
Earned Wealth enhances services for doctors
In line with its expansion plans, the company has acquired Thomas Doll, a long-standing firm specializing in serving the financial needs of doctors and dentists. Ryan Clendening, Earned Wealth’s founder and CEO, shared, “Our aim is to be the ultimate destination for doctors, offering comprehensive financial services for both personal wealth and practice requirements.”
The acquisition of Thomas Doll is poised to bolster Earned Wealth’s capabilities and dedication to serving clients with excellence. Both companies share similar values, cultures, and philosophies, making the integration a seamless fit.
The financial landscape has been evolving rapidly, influenced by changing consumer expectations. Earned Wealth’s ability to attract significant investments and pursue strategic acquisitions underscores the increasing demand for transparent and digitally accessible financial solutions tailored to specific professional segments, such as doctors.
