Two technology leaders in the wealth management space have appointed new executives on April 24.
Compliance software provider COMPLY named Michael J. Stanton as CEO, and wealthtech firm TIFIN appointed Jeannette Kuda as chief operating officer of its AI-based asset growth platform, TIFIN AG.
Both moves follow a string of hires at firms looking to expand deeper into wealth technology and AI-backed tools. Just a day before the double hiring announcements, another digital platform for advisors, Advisor360° announced that
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COMPLY names veteran software exec Stanton as CEO
COMPLY's new CEO Stanton has worked more than 25 years with software as a service (SaaS) companies, including as chief financial officer at compliance software provider Diligent. He last served as operating advisor at FTV Capital, where he worked with different fintech and B2B SaaS firms.
Stanton is tasked with continuing COMPLY's robust growth strategy amid evolving regulations. The company's enterprise compliance platform already serves more than 7,000 customers such as broker-dealers, hedge funds and registered investment advisors.
"Our customers face an increasingly complex regulatory landscape that demands innovative solutions and COMPLY is positioned with its combination of regulatory technology, services, and education to empower compliance teams to mitigate risk and enable growth," Stanton said in the release. "I am thrilled to lead the company's next phase of growth and expansion as we focus on delivering ongoing product innovation and increasing customer delight."
Stanton succeeds Amy Kadomatsu, who will remain as a board advisor for COMPLY.
"It has been my immense honor to lead COMPLY, and I am proud of our team's many achievements, including delivering 400% ARR growth over the last three years," Kadomatsu said in the release. "With Michael's operational skills, vision and integrity I'm confident COMPLY will reach new levels of growth under his leadership and drive impact in the compliance field."
TIFIN appoints Kuda as COO of its AG platform
On the same day, TIFIN named former LPL Financial executive Jeannette Kuda as COO of its TIFIN AG platform, where she will manage the day-to-day operations and implement growth strategies.
"I am thrilled to join TIFIN AG and work alongside such a talented team," said Kuda in a statement. "I am passionate about leveraging technology to drive innovation and enhance the client experience in financial services. I look forward to contributing to TIFIN AG's continued success and growth."
Kuda was previously the senior vice president and COO of Wealth Management Solutions at LPL Financial, where she oversaw product distribution and the strategic direction of its platform. She's been in wealth management for more than 20 years, including nearly a decade at TIAA, where she last served as a compliance officer for its trust and private asset management divisions.
"Jeannette's execution skills, coupled with her deep industry knowledge, make her the ideal executive to oversee the next phase of TIFIN AG," TIFIN's founder and CEO
Earlier this month, TIFIN also snagged LPL's former EVP of wealth management solutions, Rob Pettman, as its new president and chief revenue officer.
