In a strategic move aimed at accelerating its presence in wealth management, FusionIQ has announced Eric Noll as its new Chief Executive Officer, replacing Mark Healy. This leadership change comes with the successful completion of a substantial fundraising round, the company announced this week.
Noll, an industry veteran with a track record of leading financial services transformations, is stepping into the CEO role effective immediately. Currently serving as the Chairman of the Financial Industry Regulatory Authority’s (FINRA) Board of Governors, Noll’s appointment brings a blend of strategic vision and deep expertise in governance, risk, compliance, and technology. His background includes senior roles at prominent private equity firms and fintech companies, equipping him to lead FusionIQ’s next growth phase, according to a company announcement.
“I am excited to take on the role of CEO at FusionIQ at a time when each of the elements necessary to fuel further success are in place,” said Noll. “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. 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.”
A Reinforced Leadership
FusionIQ also announced changes to its board of directors, with Eric Noll taking on the role of chairman. Joining him on the board are industry leaders Erik Oros, Timothy Powers, and Scott Ganeles. Their diverse backgrounds in investment strategy, fintech innovation, and institutional management indicate FusionIQ’s goal is to broaden its market reach across broker-dealers, RIAs, and financial institutions with wealth management arms.
The newly appointed board members include Erik Oros, Chief Investment Officer at Gideon Strategic Partners; Timothy Powers, CEO of Oakridge Management Group; and Scott Ganeles, CEO of iAlta and a strategic advisor to numerous fintech initiatives. Their combined expertise could drive FusionIQ’s growth strategy forward as it seeks to solidify its position in the industry.