FusionIQ, the cloud-based wealth management firm, announced the appointment of Eric Noll as CEO and its securing of a new round of funding. Currently the Chairperson and Public Governor of FINRA’s Board of Governors, Noll’s appointment was effective on Oct. 9. Both the hiring and the fundraising aim to bolster the company’s expansion efforts and enhance the reach of its FusionIQ One platform.
Prior to FusionIQ, Noll was CEO of Stone Ridge Capital Partners; President and CEO of Convergex; Executive Vice President, Transaction Services for NASDAQ; and Founder of Willow Creek Capital.
“The company has established an integrated wealthtech platform that provides the foundation for accelerated growth and further industry leadership, thanks to a firmwide effort led by our C-suite executives,” said Noll. “By equipping advisors and institutions with innovative digital wealth management solutions and expertise, we are positioned to significantly expand across multiple industry channels as we deliver transformation in financial services.”
FusionIQ supports banks, credit unions, RIAs and asset managers. Under Noll’s leadership, the firm looks to expand both through organic growth and acquisitions.
“We see an unprecedented opportunity to accelerate growth by delivering digital transformation that opens wealth to greater numbers of people. By eliminating friction in the marketplace, the FusionIQ One platform is providing efficient, effective processes that drive down costs and create growth for wealth management enterprises,” said Noll.
FusionIQ also announced its new Board of Directors: Eric Noll as Chairman, and new Directors Erik Oros, CIO at Gideon Strategic Partners; Timothy Powers, CEO of OakRidge Management Group; and Scott Ganeles, CEO of iAltA.
In August, FusionIQ announced a partnership with interVal to enhance the technology ecosystem available to financial advisors. In May, it linked with Interactive Brokers Canada to serve as its third-party portfolio management software provider.
Janeesa Hollingshead, Contributing Editor at Wealth Solutions Report, can be reached at editor@wealthsolutionsreport.com.
