Earned Wealth Valuation, Funding & Investors

Earned Wealth is valued at $40M as of April 2023.

Last Earned Wealth valuation

$40M

Series A · Apr 2023

Last Earned Wealth funding round

$200M

Undisclosed stage · Jul 2024

Cumulative funding Earned Wealth raised

$212M

across 2 funding rounds

Key investors in Earned Wealth

  • Breyer Capital
  • Juxtapose
  • Hudson Structured Capital Management
  • Summit Partners
  • Silversmith Capital Partners

Earned Wealth Overview

About Earned Wealth

Earned Wealth is a tech-enabled financial services firm that exclusively serves healthcare professionals and medical practices. It offers integrated wealth management, tax planning, accounting, payroll, retirement services, insurance, and career advisory, using data on doctors' career stages -- from residency to private-practice buy-ins and retirement -- to shape its recommendations. Founded in 2021 and based in New York, the registered investment advisor has grown through a series of acquisitions of wealth management and tax firms serving physicians.


Founded

2021

HQ

United StatesNew York City, NY

Website

earned.com

Status

Privately held

Customer focus

B2C

Revenue model

Investment management

Valuation

$40M (Apr 2023)

Earned Wealth Valuation

Earned Wealth is currently valued at $40M, based on its Series A in April 2023.

The $12M round was led by Breyer Capital and Hudson Structured Capital Management, with participation from Juxtapose.

Earned Wealth valuation by funding round

Earned Wealth valuation by funding round
DateStageValuation
Apr 2023Series A$40M

Earned Wealth Funding History

Earned Wealth has raised a total of $212M across 2 funding rounds.

Earned Wealth's first fundraising round was a $12M Series A in April 2023. The most recent completed round was a $200M undisclosed-stage round in July 2024.

Earned Wealth funding rounds

Earned Wealth funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jul 2024Undisclosed stageSilversmith Capital Partners (lead); Summit Partners (lead); Breyer Capital; Hudson Structured Capital Management; Juxtapose$200M-Earned Wealth is a tech-enabled financial services firm exclusively serving healthcare professionals and medical practices, offering integrated solutions including wealth management, tax planning, accounting, payroll, retirement services, insurance, and career advisory. The company leverages doctors' unique career stages—from residency to private practice buy-ins and retirement—for data-driven, evidence-based recommendations to help clients earn more, invest smarter, and reduce risk. Founded in 2021, Earned raised approximately $18M in 2023 at a nearly $40M valuation and secured a $200M capital commitment in July 2024 from Summit Partners and Silversmith Capital Partners, with participation from existing investors Breyer Capital, Hudson Structured Capital Management, and Juxtapose. The 2024 funding supports platform expansion through product innovation and strategic acquisitions, enabling rapid growth. Post-investment, Earned acquired Thomas Doll (adding $2B AUM and 3,000 clients), PearsonRavitz (physician disability and life insurance), Chahal & Associates ($100M AUM tax and accounting firm), Schwartz & Schwartz (healthcare tax firm), and OJM Group (nearly $1B AUM in investment management and planning). It also partnered with Dental & Medical Counsel for legal services like practice transitions and contract reviews. These moves have scaled Earned to nearly 19,500 clients and $3.4B in collective AUM, with over 230 employees nationwide. Earned's evidence-based investing emphasizes low-cost passive strategies, tax efficiency, diversification, and selective private investments, positioning it as a comprehensive ecosystem for doctors' financial needs amid a growth strategy focused on acquisitions and national expansion.
Apr 2023Series ABreyer Capital (lead); Hudson Structured Capital Management (lead); Juxtapose$12M$40MEarned Wealth, formerly Forme Financial, provides a comprehensive wealth management platform tailored for physicians, optimizing career, investing, taxes, insurance, lending, cash management, budgeting, and trust & estate planning. The full-stack service leverages deep technology for superior performance compared to incumbents, targeting high-earning professionals in a $13B annual market for targeted financial services. It operates as a largely recurring revenue business with strong gross margins akin to SaaS. Earned raised a $12M Series A round on April 6, 2023, led by Hudson Structured Capital Management and Breyer Capital, with participation from Juxtapose, bringing total funding to $18M since starting in 2022. The round supported expansion of services and acceleration of proprietary technology development. A later article references approximately $18M raised in 2023 at a valuation of nearly $40M. The company targets physicians spending $13B yearly on financial services, with unit economics featuring $10K to $20K annual revenue per client. Earned demonstrated positive early traction and industry-leading product efficacy, taking accountability for client outcomes to disrupt the trillion-dollar wealth management industry.

Who has invested in Earned Wealth?

5 investors have backed Earned Wealth across its funding rounds, including Breyer Capital, Juxtapose, Hudson Structured Capital Management, Summit Partners and Silversmith Capital Partners.

Lead investors include Silversmith Capital Partners, Summit Partners, Breyer Capital and Hudson Structured Capital Management.


Earned Wealth Investors

Investors in Earned Wealth by funding rounds participated
InvestorHQRoundsRoleFirst check
Breyer CapitalUnited StatesSan Francisco, CA2LeadApr 2023
Hudson Structured Capital ManagementUnited StatesStamford, CT2LeadApr 2023
JuxtaposeUnited StatesNew York City, NY2ParticipantApr 2023

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Acquisitions by Earned Wealth

Earned Wealth has acquired 5 companies to date.

Last acquisition by Earned Wealth was on December 9th 2025. Earned Wealth acquired Ojm Group for undisclosed valuation.


Latest Acquisitions by Earned Wealth

Ojm Group
Pearson Ravitz
Schwartz & Schwartz
Chahal and Associates
Description
Ojm Group is a financial advisory firm offering investment planning, insurance, benefits planning, asset protection, and personal planning services to clients across the United States.
Pearson Ravitz is a Trevose, Pennsylvania-based insurance agency specializing in life, health, disability, and professional liability coverage for physicians and medical practices. The firm arranges policies from carriers like The Hartford and Chubb, serving clients in the healthcare sector across the eastern United States with customized risk management plans.
Schwartz & Schwartz is a Cherry Hill-based accounting firm offering tax preparation, payroll processing, and wealth management tailored to healthcare professionals. The practice handles IRS compliance for physicians and dentists, integrating financial planning with retirement accounts like 401(k)s and IRAs.
Chahal & Associates is a Surrey, British Columbia-based financial advisory firm serving small businesses with accounting, bookkeeping, and tax planning services. Operating since 2008, the firm handles GST/HST filings, financial statements for corporations under 50 employees, and CRA audits for clients in retail and construction sectors across Western Canada.
HQ CountryUnited StatesUnited StatesUnited StatesUnited States
HQ City
-
Philadelphia, PA
Boston, MA
San Francisco, CA
Deal Date9 Dec 20256 Oct 20254 Aug 202521 Apr 2025
Valuationundisclosedundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Earned Wealth Competitors

Earned Wealth competitors include listed companies like Mayberry Group and Prime Financial Group, and private ones like Citadel.one, Selma Finance, InvestEngine and Every.

Public and private companies comparable to Earned Wealth
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Citadel.onePanamaPanamaPrivate--$40M-
Mayberry GroupJamaicaJamaicaPublicly listed$3M-$41M-
Selma FinanceSwitzerlandZurichPrivate--$42M-
Prime Financial GroupAustraliaAustraliaPublicly listed$42M$10M$38M1.3x
InvestEngineUnited KingdomUnited KingdomPrivate--$37M-
EveryUnited StatesAustin, TXPrivate--$36M-

Earned Wealth Public Comps

Earned Wealth is still privately-owned, but its public comps include Mayberry Group, Prime Financial Group, Intellistake Technologies, Canadian Large Cap, The Australian Wealth Advisors Group, Mayberry Jamaican Equities, 9F, Alianza Credito FII, Nousbo and ASTMAX.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Mayberry Group$3M-46.7x---
Prime Financial Group$42M$10M1.3x1.3x5.9x5.5x
Intellistake Technologies-($1M)--(22.1x)-
Canadian Large Cap$2M-----
The Australian Wealth Advisors Group$8M-3.7x---
Mayberry Jamaican Equities$3M($27M)31.6x-(3.2x)-
9F$43M$10M----
Alianza Credito FII$2M-15.0x---

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Common questions about Earned Wealth

When was Earned Wealth founded?Earned Wealth was founded in 2021.
Where is Earned Wealth headquartered?Earned Wealth is headquartered in New York City, NY, United States.
Is Earned Wealth publicly listed?No, Earned Wealth is a private, VC-backed company.
What is Earned Wealth's valuation?Earned Wealth was last valued at $40M in its Series A in April 2023.
How much funding has Earned Wealth raised?Earned Wealth has raised $212M across 2 funding rounds.
What was Earned Wealth's last funding round?Earned Wealth's last funding round was a $200M undisclosed-stage round in July 2024, led by Silversmith Capital Partners and Summit Partners.
Who are Earned Wealth's investors?Earned Wealth's investors include Breyer Capital, Hudson Structured Capital Management, Juxtapose, Summit Partners and Silversmith Capital Partners.
Which companies are comparable to Earned Wealth?Companies comparable to Earned Wealth include Citadel.one, Mayberry Group, Selma Finance, Prime Financial Group, InvestEngine and Every.
How many companies has Earned Wealth acquired?Earned Wealth has acquired 5 companies, including Ojm Group, Pearson Ravitz, Schwartz & Schwartz, Chahal and Associates and Thomas Doll.

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