FusionIQ has announced a new appointment to enhance its platform to help industry professionals become digital wealth leaders.
John Phillips joins the firm as senior strategic advisor, with extensive knowledge of the financial services industry built up in roles such as chief operating officer at Gomez Advisors ,where he focused on global expansion, and his most recent tenure as executive vice president and head of platform sales at Fidelity Institutional, part of Fidelity Investments.
"I’m delighted to join the team at FusionIQ," said Phillips, who starts his new role next week. "I have long admired the company's commitment to innovation and its dedication to providing cutting-edge solutions for financial advisors and their clients. The team at FusionIQ understands the opportunities for a digital platform that can reduce friction and facilitate client and advisor engagement. It’s a privilege to be working with a growth-oriented firm and team making an impact on the industry."
At FusionIQ he will focus on consulting with industry professionals at RIAs, family offices, and broker-dealers to help them drive growth, efficiency, and transformation strategies.
The firm’s FusionIQ One platform, which integrates with leading custodians, broker-dealers, and wealthtech providers, provides modules for advice, self-directed investing, digital marketplace, and a turnkey asset management platform called finTAMP, the SaaS solution it launched in 2022. Phillips will play a key role in enhancing these elements.
“We’re thrilled to welcome John Phillips to the FusionIQ team,” said Mark Healy, CEO at FusionIQ. “John's deep sector knowledge, industry relationships, and strategic insights will be invaluable as we continue to enhance our platform and help our clients become digital wealth leaders. We look forward to working closely with John to deliver unparalleled value for our partners and clients.”
The firm also recently partnered with Anchorage Digital to provide financial advisors and institutions with more streamlined access to regulated cryptocurrency assets.
Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.
Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.
It promised guaranteed principal and 10% monthly returns. The SEC says it invested nothing.
Ten years after entering the fee-based annuity market, MassMutual Ascend says nearly half its lifetime sales came in the past two years alone – but barriers remain among fee-only advisors.
Amplify, WealthReach, Zeplyn and Zocks have unveiled partnerships aimed at automating portfolio management, content creation, account opening, and client communication.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
