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Advisor360° Names Industry Veteran Mike Fanning Chief Executive Officer

Former Head of MassMutual U.S. to be Advisor360° CEO and Chairman of the Board

WESTON, Mass. – April 23, 2024 – Advisor360°, a leading provider of integrated software for enterprise wealth management firms, is pleased to announce that Mike Fanning, the former Head of MassMutual U.S., will succeed Richard Napolitano as Chief Executive Officer upon Napolitano’s retirement, effective May 1.

Fanning has held numerous leadership roles driving technology strategy and enterprise-wide innovation throughout his career, which spans more than three decades in wealth management. During his 17-year tenure at MassMutual, he oversaw an unprecedented period of growth and digital transformation at the company, most recently leading the company’s domestic insurance business as Head of MassMutual U.S.

Napolitano joined Advisor360° as CEO in 2020, leading the company through its transformation from early-stage spin-out of a financial services company to one of the leading providers of award-winning technology solutions for the wealth management industry. Through his stewardship, Advisor360° now stands as an independent and profitable software company with 700+ professionals working across the United States, Canada, India, and Northern Ireland. Upon his retirement, Napolitano will serve as a strategic advisor to Advisor360°.

"Rich’s leadership and vision have been fundamental in setting Advisor360° on a course for success as an independent technology company," said Fanning. "I look forward to advancing our mission, values, and strategic objectives as Advisor360° enters its next chapter of innovation and expansion."

“It’s been my pleasure to work alongside some of the industry’s most talented and innovative professionals as CEO of Advisor360°. Our growth as a company has truly been a team effort,” said Napolitano. “Mike is a pioneer in this industry and uniquely suited to lead us going forward. No stranger to Advisor360°, he was instrumental in developing the business case for the company within MassMutual and has served as our Board Chairman for the last year. I look forward to advising the company as it continues to evolve and grow under his direction.”

About Advisor360°

Advisor360° builds, integrates, and delivers technology for wealth management firms. The company’s award-winning integrated and open architecture SaaS platform brings a connected digital wealth experience to financial advisors, their clients, and the home office so that firms can drive better outcomes and innovate quickly. Advisor360° clients benefit from timesaving capabilities and streamlined workflows when it comes to portfolio and performance reporting, financial planning, insurance, proposal generation, trading and model management, digital onboarding, document management, analytics, and compliance. The company’s proprietary Unified Data Fabric® (UDF) is the foundation of its platform, weaving together shared services and pre-built integrations that work with existing technology stacks. The company is headquartered in Weston, Massachusetts, with offices in Bengaluru, India; Belfast, Northern Ireland; and a remote workforce in Canada.

Today, three million households with $1 trillion in assets benefit from the connected Advisor360° experience. To learn more, visit www.advisor360.com.

Media Contact 
Cynthia Stephens
mediainquiry@advisor360.com

 

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