Advisor360 sets up next growth phase with ex-Merrill Lynch leader

Advisor360 sets up next growth phase with ex-Merrill Lynch leader
The veteran hire will spearhead the wealth tech firm’s efforts to find expansion opportunities in a newly created role.
JUN 05, 2024

Advisor360 is looking to kickstart its next leg of growth with a veteran hire from Bank of America.

The enterprise fintech provider has announced the appointment of Abbe Gálvez Cordón as senior vice president of strategy and corporate development. In this newly established position, Gálvez Cordón will oversee the company's development and growth initiatives, reporting directly to chief executive officer Mike Fanning.

Gálvez Cordón brings a wealth of experience in both wealth management and technology.

Before joining Advisor360, she served as managing director, head of wealth and WealthTech investment banking at Bank of America. In that role, she was instrumental in building the bank’s WealthTech practice from its inception, collaborating with numerous companies in the sector.

"We’re excited that Abbe is joining the Advisor360 leadership team,” Fanning said in a statement.

Fanning, the former head of MassMutual US, took the chief executive position at Advisor360 just last month, stepping into the shoes of the now-retired Richard Napolitano.

Citing Gálvez Cordón’s “deep understanding of wealthtech,” along with her “experience and strategic acumen,” he said the fintech provider’s new hire “will lead the evolution of our strategy and identify organic and inorganic opportunities.”

During her 16-year tenure at Bank of America and Merrill Lynch, Gálvez Cordón held significant leadership positions, including managing director in corporate strategy. There, she played a contributing role in writing the bank's inaugural strategic plan and establishing the strategic planning process.

As chief operating officer of US Trust, now Bank of America Private Bank, she spearheaded the organization’s growth strategy and technology investments.

Fanning expects her to “help drive innovation and guide the company through our next phase of growth."

Most recently in May, Advisor360 secured a partnership with GWN Securities, the national IBD and RIA, to build a new technology platform for its advisors.

Latest News

Welcome to the big leagues: The rise of private equity in professional sports
Welcome to the big leagues: The rise of private equity in professional sports

From sidelines to center court, a new playbook is here, and there are likely to be even more creative and complex deals to come.

No need for a series of large interest rate cuts, says fixed income expert
No need for a series of large interest rate cuts, says fixed income expert

"Recession is not a base case scenario over the quarters ahead."

Wealth Enhancement Group charging some clients more for consulting
Wealth Enhancement Group charging some clients more for consulting

Decision comes at a time when financial advice industry is facing pressure to offer clients more services at a better price.

Planning for success: Five considerations for selling your RIA
Planning for success: Five considerations for selling your RIA

Advisors looking to sell their registered investment advisor should expect a long journey of preparation – starting from the very day the business is formed.

Younger planners more willing to adapt to client needs
Younger planners more willing to adapt to client needs

Industry has slowly evolved into less tangible aspects, says advisor after FPA report.

SPONSORED Leading through innovation – with Tom Ruggie of Destiny Wealth Partners

Uncover the key initiatives behind Destiny Wealth Partners’ success and how it became one of the fastest growing fee-only RIAs.

SPONSORED Explore four opportunities to elevate advisor-client relationships

Morningstar’s Joe Agostinelli highlights strategies for advisors to deepen client engagement and drive success