Tailwind Capital engaged with ON Partners due to its unique executive search expertise at the intersection of private equity and SaaS.
SUCCESSFUL PLACEMENT: ADVISOR360° – CHIEF EXECUTIVE OFFICER
Advisor360° Names Richard Napolitano, former EMC/Dell executive, as CEO
WESTON, Mass., June 16, 2020 /PRNewswire/ — WealthTech software company Advisor360° today announced it has named technology industry veteran Richard Napolitano as CEO to scale the company and bring the Advisor360° solution to financial advisors and enterprises across the wealth management industry.
Mr. Napolitano has spent the past 30 years working in engineering, large-scale IT software & systems and sales, enterprise-level team management, and global product development. He started his engineering career at Digital Equipment Corporation, where his technical and entrepreneurial acumen led him to found Napcon Associates, Data Kinesis (acquired by Adaptec), BluePoint Technologies (acquired by Adobe), Plexxi (acquired by HP Enterprise), Pirus Networks (acquired by Sun Microsystem). Mr. Napolitano served as president of U.S. sales for Sun Microsystems, and he was also president of a $4 billion software storage division at EMC. He holds several software patents and a Bachelor’s degree in computer science from Stony Brook University.
“Investors today have more advisory options than ever before, and competition for assets and share of wallet is fierce. Wealth management businesses of all sizes must put a focus on driving top-line revenue, and this starts at the individual advisor level,” said Mr. Napolitano. “Integrated, holistic technology tools play a direct role in profitability and improved financial outcomes. I’m excited to be bringing my background in enterprise development and go-to-market focus to Advisor360° and the WealthTech segment.”
Offering a unified, integrated suite of customizable tools for advisors, clients and enterprises, Advisor360° streamlines advisor workflow, increases productivity and drives enterprise growth, providing advisors with a holistic view of their clients, their portfolios and relevant investment and insurance products. The platform also facilitates client management and transparency. It is an open platform, with enterprise integration capabilities to facilitate data aggregation and streamlined communication with the back office.
Advisor360° is the only software-as-a-service (SaaS) platform that combines CRM, performance reporting, financial planning, trading, model management, rebalancing, operations, workflow, analytics, document imaging and a client portal in one unified, easy-to-navigate system. Its intuitive interface can be customized to fit the needs of independent broker-dealers, insurance company broker-dealers, banks and large RIAs, with tools for practice management, task management and home office administration, as well as a client-facing portal.
With decades of experience building and delivering enterprise products to enterprise firms, Mr. Napolitano deeply understands needs of large companies. In his new role as CEO, Mr. Napolitano has both the enterprise and technical knowledge needed to lead Advisor360º clients through the digital transformation currently sweeping through the wealth management industry.
“We are beyond thrilled to have Rich at the helm of Advisor360º,” said Mr. Tedesco. “I have no doubt that his track record of innovative, out-of-the-box thinking, engineering craftsmanship and demonstrated ability to find new solutions to new problems will set us up for long-term growth and success with our enterprise partners.”
Read the full press release here.
Based in Weston, Mass., Advisor360° is a deeply-integrated wealth management platform that streamlines advisor workflow, increases productivity and drives enterprise growth. Advisor360° is the only SaaS platform that combines CRM, performance reporting, financial planning, insurance, proposal generation, trading, model management/rebalancing, operations, workflow, analytics, document imaging, fee-billing, compliance and a client-facing portal in one easy-to-navigate system. Built on a foundation of intelligent UX design, Advisor360° is intuitive, unifying the systems and data that advisors and their enterprises need to run their businesses, support their clients and scale. Visit www.advisor360.com to learn more.
ON Partners propels an organization’s mission by building C-level and board leadership teams. Founded in 2006 by like-minded consultants as a values-driven alternative to the multi-service global firms they were leaving behind, ON delivers a better executive search experience. Named by Forbes as one of America’s Best Executive Recruiting Firms and to the Inc. 500/5000 Lists six times, the firm is consistently ranked among the top 20 retained executive search firms in the U.S. For more information, see our results here.
Find our related successful placements of leading executives here.
About ON Partners
Since 2006, ON Partners is the only pure-play executive search firm building diverse C-level and board leadership teams. We rebuilt the institution of executive search for the way you work. Our approach includes present partners who engage with their clients from the first brief to the final decision, individually crafted solutions that are unique to each client, and an easier experience all around. Named by Forbes as one of America’s Best Executive Recruiting Firms and to the Inc. 500/5000 Lists eight times, ON Partners is consistently ranked among the top 20 retained executive search firms in the U.S.
Untraditional by Choice. Original by Design. Since 2006.
START YOUR JOURNEY WITH US TODAY.
If you want to create a new path – ON Partners knows how to help you get there.